Cosmos is a decentralized network of autonomous parallel blockchains. Each blockchain is scalable and they are interoperable. Before Cosmos, blockchains were isolated from each other and unable to communicate with each other. The network's cryptocurrency is ATOM.
Cosmos price (ATOM): what is the current price?
Here is the live course of the Cosmos.
The essentials to know about the Cosmos
Creation of the ATOM crypto
The Interchain Foundation (ICF) is a Swiss non-profit organization created to develop Cosmos and the ecosystem that will support the network. The blockchain company All in Bits inc. is hired by the ICF to build the Cosmos network.
How does Cosmos work?
The ATOM token is essential to ensure interoperability between all blockchains in the Cosmos network. It can be held, spent or staked. The value of ATOM may increase as more blockchains are added to the network and depend on the Cosmos hub to store their transaction history.
ATOM holders gain voting rights on network improvements while receiving tokens from staking. It is important to know that there is currently no limit to the issuance of ATOM cryptocurrencies. Cosmos changes the amount of tokens in circulation based on staked tokens. Cryptocurrency is therefore subject to inflation.
Crypto ATOM: our opinion and prediction for 2022
- Cosmos Mirror Mag Global Rating: 8/10 Opinion on the Cosmos project
Cosmos is not just a gateway between blockchains and its features make it a useful platform for the cryptocurrency industry.
Price Volatility Notice
ATOM's fluctuations are quite erratic intraday, but the trend on this crypto is bullish.
Mid term ATOM price prediction
While the cryptocurrency market declines as a whole, ATOM resists and new highs are expected in 2022.
Long Term ATOM Price Prediction
The Cosmos (ATOM/USD) could well reach $100, as Michael Van de Poppe, CEO of Eight Global, also thinks.
Conclusion of our Cosmos review
The Cosmos is an innovative project showcasing what seems to be the most scalable blockchain solution in the industry.
Buy Cosmos (ATOM) to trade
To trade this cryptocurrency, the eToro broker is the most suitable. In addition to buying the tokens, this platform allows you to trade short-term crypto CFDs without having to hold the tokens.
- Step 1 : Use the search bar on the eToro platform to find the cryptocurrency.
- Step 2 : then click on “Invest” to give the amount of cryptocurrency to buy and validate the transaction.
Read this article to find out how to buy cryptocurrency on eToro
Buy the Cosmos to invest
- Step 1 : Go to the “Buy cryptos” tab and choose the payment method of your choice.
- Step 2 : select the crypto to buy and proceed to secure payment. Then, the cryptocurrencies will be credited to the dedicated wallet.