Holding some Cosmos coins? Want to explore about its future? Or want to know how high will it go in 2020? Either way, all of your questions will be answered in this Cosmos price prediction.
Let’s get started with this Cosmos price prediction article from scratch, explaining what this Cosmos project is all about. Then followed by the overview of what you should consider before analysing things. Then moving further we’ll discuss on the price predictions from various experts.
Cosmos Price Today
The Cosmos coin has a current supply of 237,928,231 ATOM with 190,688,439 ATOM in circulation. Currently, the Cosmos coin is trading at $ 2.18 with a market capitalization of $ 415.33 M.
What is Cosmos?
Cosmos (ATOM) is a secure & scalable blockchain ecosystem wherein thousands of dApps engage to create a foundation for new token economy. The cryptocurrency Cosmos is currently trading on 54 active companies.
The Cosmos project is basically a veteran. Its ICO is completed on April 6, 2017. ATOM is the official token of this ecosystem. Currently it is traded on Binance, Bittrex, Kraken, Gate.io, Huobi, Poloniex and other exchanges.
Recent Updates
Cosmos Launches First Hub
On March 13, 2019, the blockchain platform, Cosmos officially launched the first hub of its ecosystem. The Cosmos ICO held in April 2017, raised $17 million. This launch is the first in a series of proof-of-stake chains which the Tendermint developed.
Trust Wallet Adds The ATOM token
Trust Wallet and Cosmos work together to bring staking and delegation mechanisms to all Trust Wallet users in the most accessible way on their mobile devices.
Cosmos Hub Is Live
Lunie International Software Systems Inc., announced that the first fully featured UI for interacting with the Cosmos Hub is live in an open beta!
Binance Added Cosmos
On April 29, 2019 Binance added ATOM without any listing fee. Cosmos Network received an endorsement from Binance’s CEO Changpeng Zhao, for being a project with a solid track record.
Historical Trends
The Cryptocurrency, Cosmos (ATOM) got listed on Coinmarketcap on March 14, 2019 trading at $6.64 without any market capitalization. The price showed a gradual increase to $7.36 on March 17, 2019 which again fell down to $4.83 the very next day. According to the sources, the price decreased after the Binance listing. The coin continues to trade in the range of $3 – $5 till now.
The market capitalisation for Cosmos was totally zero for about a time span of 45 days from its listing. Then starting from May 1, 2019 the market capitalization increased to $750 million which is still continuing in the same range.
Cosmos Price Prediction 2019
Cosmos follows an innovative technique of creating its own blockchain and connecting it with other blockchain within the framework of this network. The Cosmos coin has created a lot of buzz in a very less time span. Suppose if the coin continues to grow with the same frequency the price shall reach a trading value of $6 by the end of 2019.
ATOM Price Prediction 2020
The Cosmos project has many partners including the non-crypto companies like the e-Money (a European company issuing tokens tied to the price of real currencies), Regen Network (a project that is dedicated to environmental monitoring), etc. As the year 2020 may be the year for Crypto, the Cosmos price will probably see a lot of growth in its price. In 2020, the Cosmos price will trade in the range $8-$9.
Cosmos Price Prediction 2025
The coin showed a good growth since its listing stage. The Cosmos coin will see many fluctuations in the year 2021, with its price ranging between $9-$11. Moving further, in the year 2022, Cosmos will start trading at lower range of $9 which again increases to $13 by the end of 2022. In 2023, the Cosmos coin price will trade in the range of $13- $15. The year 2024 will see a lot of ups and downs as the year will start with $14 and fluctuate between $14-$17. Eventually, 2025 will be a stable year as the price will trade in $17 – $17.05.
The Conclusion
It will be interesting to see whether Cosmos will reach its greatest heights of $6 by the end of 2019. Although all of us aware that the whole crypto market is highly volatile, any asset could fall from an upward trajectory. Hence, if you’re looking to buy or sell Cosmos, I hope you found this article regarding Cosmos price prediction to be of some help.
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Cosmos Price Prediction : To The Moon Or To The Depth Of Ravine?
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Have you invested in Cosmos coin? Then here is the detailed guide on Cosmos Price prediction. Also, get the latest updates on ATOM price & much more.
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Qadir AK
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Coinpedia
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