To sum up this Cosmos price prediction, we’ve drawn upon everything from technical insights to expert opinions to conclude that the native token of ATOM could have the potential to reach a minimum price of $100 in the next few years. Sounds good? Keep reading to find out how we discovered this prediction.
Whenever we talk about the blockchain, the first thing that usually comes to mind is the brainchild of Vitalik Buterin: The Ethereum Network. Whilst it may have laid the foundations of the modern blockchain, many other projects with different capabilities have come along in its wake.
The Ethereum Network certainly paved the way when it comes to blockchain assets. A wide range of other blockchain projects has formed with different goals, use cases, and benefits in its wake.
One of them is the Cosmos Network. This decentralized blockchain network noticed a clear problem when it came to efficient communication between different blockchain networks. To overcome this, it set out to become an in-between network that could allow a wide variety of different blockchains to communicate effectively and flawlessly execute data exchanges with one another.
It’s such a phenomenal use case that has been tried and tested around the digital finance industry, that the Cosmos Network has been called ‘the internet of blockchains’. As a result, its native ATOM token has risen in value tremendously.
Now, as an increasing number of people begin to contemplate investing in Cosmos, there is often one important question on their minds: What does the future hold for this blockchain asset?
Nobody can truly predict the future. But this Cosmos price prediction draws on a toolbox of crypto tools to get an insight into the future price forecast of this blockchain asset that is as accurate as possible. Now, let’s begin!
- What Is Cosmos (ATOM)
- Price History
- Technical Analysis Of The Cosmos Price Forecast
- Cosmos (ATOM) Price Prediction 2022-2023
- Cosmos Cryptocurrency Price Prediction 2023-2024
- Cosmos (ATOM) Price Prediction 2024-2025
- Expert Cosmos Price Predictions
- Crypto Never Sleeps
- Cosmos Cryptocurrency Prediction From The Art of Marketing Blog
- Bitboy Crypto
- Where To Buy ATOM
- Frequently Asked Questions About Cosmos (ATOM)
- Is Cosmos Better Than Ethereum?
- Does Cosmos Make The Blockchain Better?
- Does ATOM Have a Fixed Supply?
- Can ATOM Reach An Average Trading Value of $100?
What Is Cosmos (ATOM)
Firstly, let’s delve deeper in the Cosmos Network, how it works, and how its native token of ATOM fits into the picture. The journey of the Cosmos network began back in 2014 when the foundations were laid by two experienced developers called Jae Kwon and Ethan Buchman.
After years of development to fine-tune it, Cosmos was officially released in 2019. Its mission was to enable seamless communication and data exchange between different blockchain networks worldwide.
To enable interoperability between the world’s best blockchain networks and flawlessly streamline data exchanges and transactions, the Cosmos Network took advantage of a wide range of open-source software.
The Cosmos Network is by no means unique in the world of blockchain, but it does boast a plethora of incredible tools and features that set it apart from similar projects. One defining feature is how it makes it its primary mission to enable the sharing of data and tokens across the wide ecosystem of blockchain networks rather than placing a focus on its own ecosystem.
Despite being revolutionary blockchain technology, the way that the Cosmos Network works is surprisingly straightforward to explain. When a Cosmos user creates a new blockchain within the Cosmos ecosystem which is then referred to as a ‘zone’.
The ‘zone’ is then connected to what is known as the ‘Cosmos Hub’ which then creates and maintains a record of the current state of each ‘zone’. But where does ATOM come into it?
ATOM is the native token that fuels the Cosmos ecosystem. It can be used for everything from preventing spam on the platform and being used for paying fees to Cosmos. Those who hold Cosmos can also stake it for the chance to earn passive income through interest. Plus, it also functions as a governance token on the Cosmos Network.
One of the best ways to gain an insight into the future price of Cosmos’ native ATOM token is to look into its price history. One of the best examples is its performance in 2021.
After starting the year at a token price of $7, the average price of ATOM surged to more than three times its value when it surged past $25 in the middle of February. The sell off that followed saw the price sink to $17 before rising further to $29 by May.
This saw the price sink in Spring as ATOM holders sought to rake in their huge profits. The price hit $10 per token. But for those who had watched ATOM’s journey from the start of the year, this was seen as the perfect opportunity to buy a position.
For those who took the decision to buy in at this price dip, the choice paid off when, in September, the price of ATOM hit a new all-time high of over $44. After a new price dip to just under $32, ATOM had its last price rise in 2021 when it rose again to just over $43.
Technical Analysis Of The Cosmos Price Forecast
Next up, we’ll delve into what technical analysis can tell us about the potential future that lies ahead for Cosmos and its native ATOM token. This section consists of using tools like historical price data and the reading of charts and everything in-between.
Cosmos (ATOM) Price Prediction 2022-2023
World-class technical analysts predict that between 2022 and 2023, the average price of ATOM will surge from its current average price of around $34 to a minimum price of more than $70 per token. That’s an increase in value of over 100% based on the current price, but it’s nothing compared to the following years!
Cosmos Cryptocurrency Price Prediction 2023-2024
Between 2023 and 2024, the technical analysis predicts that ATOM could surge even higher and reach over $91 in the first six months of 2023. Likely due to an investor sell-off as people rake in their profits, it’s expected that the price of ATOM could drop slightly and finish the year at $82 which is an increase of over 130% on the current Cosmos price.
Cosmos (ATOM) Price Prediction 2024-2025
The price dip of 2023 looks to be merely temporary. As Cosmos (ATOM) begins 2024, it’s expected to rise to somewhere over $87 in the first six months of the year. Then, in the second half, it could achieve an important moment in its price history and surpass $100 which is an increase of nearly 200% on the current Cosmos (ATOM) price today.
Expert Cosmos Price Predictions
Cosmos cryptocurrency has brought some seriously revolutionary change to the world of blockchain. As a result, it has been the subject of heated discussion amongst some of the world’s leading blockchain experts. Many of them have released highly informative Cosmos price predictions that are well worth checking out. Let’s look at what some of them have to say!
Crypto Never Sleeps
One of the most eye-catching Cosmos price predictions was released by Crypto Never Sleeps. In-depth, unbiased, and no-nonsense, it was how all crypto price predictions should be. To sum up, Crypto Never Sleeps summarized that the native ATOM coin of Cosmos could easily surpass a Cosmos price value of $175 by the year 2025.
Cosmos Cryptocurrency Prediction From The Art of Marketing Blog
The Art of Marketing Blog recently drew upon a wide range of fellow crypto experts to conduct a Cosmos (ATOM) price prediction that quickly became a fan favorite. By the end of their Cosmos price analysis, the team believed that ATOM could reach an average forecast price of $100 in the next few years.
And last but by no means least is Bitboy Crypto. In a recent Cosmos price prediction released by this popular crypto Youtuber, it was claimed that ATOM has the potential to surge by over 100% in value at a minimum within the next three years.
After years of development, the Cosmos Network hit the ground running in 2019. Since then, it has brought a range of incredible changes to the world of blockchain and it continues to do so.
The Cosmos ecosystem provides incredible options for communication and data exchange between various blockchains worldwide. Its native ATOM token has an enormous range of use cases and is popular amongst the overall crypto community. All of this has seen it surge in value in recent years as a result.
Its recent price performance has put ATOM firmly in the sights of experienced and new investors alike. But the latter often come unstuck when it comes to finding the best place to buy and sell ATOM. Fear not! As we round off our Cosmos price prediction, we plan to show you exactly where to do so!
Where To Buy ATOM
Many people are naturally curious about where to buy ATOM safely and securely. Due to the range of innovative changes it has brought to blockchain technology, ATOM has seen itself listed on some of the world’s most successful crypto exchanges.
However, these are not recommended for new investors. Instead, many experts advise that they use a trusted brokerage that is well-regulated and easy to use for beginners. One that ticks all of the boxes is the well-established brokerage of eToro.
From demo trading accounts and stop-loss limits to social trading features and a flawless signup process, eToro is widely considered the most beginner-friendly option to buy and sell Cosmos price today. It also boasts the ability to invest in ATOM alongside an ever-growing range of other cryptocurrencies currently on the cryptocurrency market.
Frequently Asked Questions About Cosmos (ATOM)
Such a revolutionary addition to the world of blockchain naturally summons some very valid questions across the world of crypto. In the final section of our Cosmos price prediction forecast, we plan to answer some of the most vital questions for you.
Is Cosmos Better Than Ethereum?
Ethereum and Cosmos share some similarities but also have an equal number of major differences between them. Ethereum is seen as the king of blockchain technology, but Cosmos isn’t far behind when it comes to market value. The network hosts over $178 billion worth of various blockchain assets from Binance Coin (BNB) to the native token of crypto.com (CRO).
Does Cosmos Make The Blockchain Better?
Cosmos has made it its mission to better the current blockchain technology by tackling technological barriers that are commonly seen to be holding it back such as sharing of data, communication, scalability, and sustainability.
Does ATOM Have a Fixed Supply?
Some cryptocurrencies, like Bitcoin, have a fixed supply and are a great way to hedge against inflation. However, the native ATOM token of Cosmos does not. However, Cosmos does adjust the number of ATOM tokens created based on the amount being stake. This way, they manage inflation in a unique method.
Can ATOM Reach An Average Trading Value of $100?
Nobody can predict just how high Cosmos coin can really go. But if expert analysis and technical insights tell us one thing, it’s that ATOM could easily surpass the $100 milestone between now and 2025. However, time will tell if it will successfully be a profitable investment in the crypto market based on its current price.