Cosmos Price Prediction 2022-2031: Will ATOM Recover ATH?

Cosmos has shown potential for serious growth in 2021 as it surged to 453.3%. For the Chaimapsis and Keplr project, a lot has been achieved in quick succession. It is one of the many projects advancing the Cosmos ecosystem, including Ledger hardware wallet support and permissionless integration of new chains. Cosmos coin (ATOM) continued on a bullish run in 2022, rising above $40.

The launch of Cosmos Inter-Blockchain Communication (IBC) was a milestone and will benefit any ecosystem leveraging the Cosmos SDK. This includes the DeFi platform Kava, CertiK, Secret Network, and others. An exciting development for the Cosmos community.

Inadvertently, the crash of the LUNA token and the TerraUSD (UST) stablecoin at the start of May 2022, both based on the Cosmos network could drive the Cosmos cryptocurrency’s decline. 20 May Cosmos price analysis confirmed an upward trend, following the bullish trend that started the previous day. The price has constantly been recovering during the past week along with two strong corrections as well, which has affected the upwards trend.

What do analysts see on the horizon for ATOM?

Today’s Cosmos price is $14.33 USD with a 24-hour trading volume of $714,134,943 USD. Cosmos is down 0.18% in the last 24 hours. The current CoinMarketCap ranking is #20, with a live market cap of $4,104,747,866. It has a circulating supply of 286,370,297 ATOM coins and the max. supply is not available.

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What is Cosmos coin?

One major concern within the blockchain industry is that there are hundreds if not thousands of blockchains around the world, but only a few of them can communicate or share information. Cosmos developers aimed at solving this problem, and that is what Cosmos is doing. It provides a platform for developers to develop blockchain within an ecosystem where they can communicate with each other and send tokens from one blockchain to the other.

That is why Cosmos is commonly referred to as the internet of blockchains.

The Cosmos SDK also allows developers to quickly develop blockchains or decentralized applications without coding the entire program from scratch. With many blockchains using Cosmos, it is a worthy investment since investors can always find something of interest within the ecosystem.

Cosmos coin (commonly referred to as ATOM) is the native cryptocurrency that powers Cosmos. ATOM cryptocurrency allows its holders to contribute to the governance and security of the blockchain network.

Holders also have a chance of delegating (staking) their ATOM tokens to the validators on the blockchain and, in turn, earning more tokens through the Proof-of-Stake consensus mechanism.

This makes Cosmos price predictions quite important. There are many traders who want to know when to buy Cosmos and when to sell Cosmos. But, it can be concluded that Cosmos will also give great benefits if you hold it.

How many ATOM coins are in circulation supply?

The current total ATOM supply is 222,078,856 with 279,863,459 coins currently in the circulating supply, meaning only 80% of the coins are available for trading among investors. The remaining 20% is held by two companies: the Interchain Foundation and the All in Bits.

It is important to note that the total supply keeps increasing as more and more ATOM tokens get earned by the users through staking. This makes ATOM different from other cryptocurrencies, which are added to the market through mining.

What is the Cosmos blockchain network?

Cosmos Blockchain Network also referred to as the Internet of Blockchains, is a decentralized ecosystem of interconnected blockchains (decentralized applications) known as Zones. It creates a crypto ecosystem that unites different blockchains through open-source tools that allow streamlined transactions between them.

The first blockchain to be developed was the Cosmos Hub, which forms the core of the entire ecosystem. The other blockchains, developed by other developers, are connected to the Cosmos Hub and interconnected. The Cosmos Hub maintains a record of the Zones in the ecosystem and their states.

It is important to note that no central party controls or facilitates activities within the ecosystem. Every Zone can share tokens and data within the ecosystem programmatically.

Key elements of Cosmos

Cosmos ecosystem has five key elements:

  • Cosmos Hub – This is the core blockchain to which the Zones are attached and it acts as an intermediary between all other blockchains within the Cosmos network. It provides interoperability among all the other developed blockchains in the ecosystem and keeps track of each blockchain’s state.
  • Zones – These are independent blockchains that developers develop and attach to the Hub within the Cosmos ecosystem.
  • Tendermint – Tendermint is the consensus mechanism that powers Cosmos and it is responsible for validating transactions and ensuring that the ecosystem is secure through the Tendermint Byzantine Fault Tolerance (BFT) engine that also allows developers to build decentralized applications/blockchains without having to code everything from the scratch.
  • Inter-Blockchain Communication Protocol (IBC) – This is the communication protocol that is responsible for connecting the Zones to the Hub thus allowing the free flow of information between each of the interconnected Zones.
  • Cosmos software development kit (SDK) – This software development kit allows developers to use blockchain to develop blockchains by leveraging the Tendermint consensus mechanism.

Who are the Cosmos founders?

Cosmos Network was co-founded by developers Ethan Buchman and Jae Kwon in 2014. These two developers are the ones who came up with the Tendermint consensus mechanism, which now powers Cosmos.

Two companies were also very actively involved in developing the blockchain. They are the All in Bits and the Interchain Foundation (ICF), a Swiss non-Profit organization that funds open-source blockchain projects.

The ICF was responsible for conducting the first ATOM token ICO in 2017 which raised about $17 million. However, Tendermint Inc., which later became Cosmos, conducted another fundraising round in 2019, raising $9 million to continue with the project. 

Advantages of owning the Cosmos ATOM

With the world turning to blockchain technology to solve a myriad of problems that affect every industry, blockchain developers are looking for platforms that allow them to develop custom blockchains without having to go through the rigorous process of having to code the entire program from scratch and that is what the Cosmos provides. As a result, blockchain developers could flock to Cosmos, resulting in a hike in the Cosmos price. 

ATOM holders can use the token for trading, spending within the ecosystem where several DeFi projects invest in, sending as payments, or even staking to earn more ATOM coins.

Where can you buy Cosmos tokens?

If you think Cosmos is a profitable project, you can buy the ATOM coin from several cryptocurrency exchanges, including Binance, OKEx, and Coinbase

Once you purchase the Cosmos crypto coin, you can store it either in the crypto exchange where you bought it from or transfer it in any of the following crypto wallets: Atomic Wallet, Cobo, Cosmostation, Huobi Wallet, imToken, Kepler, Ledger, Lunagram, Lunie, Math Wallet, Rainbow Wallet, Qbao Wallet, Trust Wallet, Wetez and Crypto.com.

You can also trade the Cosmos cryptocurrency on these crypto exchanges. However, before starting to trade, it is important to do some technical analysis on Cosmos’ price and do some research and reading to find out what experts say about Cosmos price prediction 2021 2022. 

Cosmos Price History

  • The Cosmos cryptocurrency was first listed for trading in Mid-March 2019; its price was about $7.5. 
  • The ATOM coin price remained below the listing price until the beginning of 2021 when the prices started skyrocketing.   
  • Cosmos price hit an all-time high of $32.14 on May 07, 2021, after which the coin has turned to a bearish trend, though it seems to be the current trend among all cryptocurrencies, including Bitcoin and Ethereum.

Cosmos Network New Developments

The Cosmos network is constantly evolving and always looking to outdo competitors. Some of the most significant developments on the blockchain are driven by its desire for seamless interoperability of blockchains. 

The network has also announced the expected launching of its Interchain Security (ICS) intended to allow validators on the Cosmos Hub to produce and secure blocks for new chains.

Cosmos Technical Analysis

Cosmos Price Prediction 2022-2031: Will ATOM Recover ATH? 1

Cosmos shows strong development within a rising trend channel in the short term. Rising trends suggest that the cryptocurrency is gaining strength and that investor interest in purchasing it is intensifying. ATOM has met the objective at 15.65 after a break of the rectangle formation. The valuation has now dropped, but the formation suggests that it will rise again. The currency has a support level of $12.10 and a resistance level of $16.20. ATOM is rated as technically favorable for short-term investment.

Cosmos Price Prediction 2022-2031: Will ATOM Recover ATH? 2

Cosmos has broken through the floor of a rising trend channel in the long term. This indicates a slower rising rate at first or the start of a more horizontal development. ATOM has broken down through support at $33.60. This predicts a further decline. In case of positive reactions, there will now be resistance at $33.60. As with price tops and bottoms, volume tops and bottoms are closely correlated. This weakens the trend break. Overall, ATOM is assessed as technically neutral for the long term.

Cosmos Price Predictions by Cryptopolitan 

Cosmos Price Prediction 2022-2031: Will ATOM Recover ATH? 3
Year Minimum Price ($) Average Price ($) Maximum Price ($)
2022 12.14 15.00 17.16
2023 18.56 20.32 22.27
2024 17.17 21.35 24.43
2025 24.14 27.16 29.38
2026 22.80 25.15 26.97
2027 27.03 34.21 39.20
2028 41.02 45.47 50.83
2029 54.90 57.18 59.87
2030 61.94 64.90 67.45
2031 68.97 73.04 77.71

Cosmos Price Prediction 2022

According to our Cosmos price prediction 2022, ATOM is expected to record little price gains for the remainder of the year. We anticipate an average price of $15.00, a maximum price of $17.16, and a minimum market value of $12.14. With the v8-Rho Upgrade in H2 2022, Cosmos will roll out new features that could contribute to these price levels. These features include the global fee module, interchain account message authorization module, etc.

Cosmos Price Prediction 2023

In 2023, ATOM will attain a maximum price of $22.27, based on our Cosmos price prediction 2023. Investors could also anticipate a minimum price of $18.56 and an average price of $20.32. These price levels could result from the v9-Lambda Upgrade, which will introduce features such as liquid staking and Inter-chain security on the Cosmos network.

Cosmos Price Prediction 2024

Our Cosmos price prediction 2024 indicates that ATOM will trade at a minimum price of $17.17, with its average and maximum prices set at $21.35 and $24.43, respectively.

Cosmos Price Prediction 2025

According to our Cosmos price prediction 2025, ATOM will have an average price of $27.16 and a minimum value of $24.14. The expected maximum price is $29.38. A continuous influx of new projects into the Cosmos ecosystem could massively boost the price of ATOM in the future.

Cosmos Price Prediction 2026

In 2026, ATOM will experience slight price pullbacks leading to a minimum price of $22.80. Per the Cosmos price prediction 2026, we also anticipate the coin to trade with an average price of $25.15 and a maximum market price of $26.97. This price drop could occur due to negative public sentiment around the Cosmos project.

Cosmos Price Prediction 2027

Per our price forecasts, the bulls are to retake control of the ATOM market, leading to average and minimum prices of $34.21 and $27.03, respectively. Following our Cosmos price prediction 2027, ATOM could trade as high as $39.20, representing a possible 179.80% increase on today’s market price.

Cosmos Price Prediction 2028

According to our Cosmos price prediction 2028, ATOM will experience a steady rise in value, reaching a maximum price of $50.83. Investors could also anticipate a minimum price of $41.02 and an average price of $45.47. 

Cosmos Price Prediction 2029

In 2029, our Cosmos price prediction 2029 anticipates a trading range of $54.90 to $59.87, with an average market price of $57.18. If there are significant updates of the Cosmos-SDK, it will create a better developer experience, which could cause a rise in the adoption levels of ATOM.

Cosmos Price Prediction 2030

Based on our Cosmos price prediction 2030, ATOM will attain an average price of $64.90 in 2025. The expected minimum and maximum market prices are $61.94 and $67.45, respectively.

Cosmos Price Prediction 2031

By 2031, we project ATOM to be trading at an average market price of $73.04 and a minimum value of $68.97. Based on our Cosmos price prediction 2031, ATOM coin could reach a maximum price of $77.71, representing a 454.68% gain on the current market price.

Wallet Investor Cosmos Price Prediction

According to Wallet Investor, ATOM is a poor portfolio addition for long-term investors. They predict the token will trade at $1.195 in 2023, indicating a 91.47% decline from the current market price. However, Wallet Investor expects ATOM to record some little gains in the coming days, hitting a price of $16.257.

TradingBeasts Cosmos Price Prediction

TradingBeasts predicts ATOM to close 2022 on a bearish note, trading between $11.269 to $16.571, with an average price of $13.084. In 2023, the team expects a further devaluation of ATOM, resulting in an average price of $11.798 by December, with the maximum price being $14.747.

Going into 2024, TradingBeasts anticipates ATOM will make some gains, leading to an average price of $16.023 by July. By the end of the year, they predict the Cosmos native token will have an average and maximum price of $18.521 and $23.152, respectively.

In 2025, TradingBeasts forecasts ATOM to maintain an upward trajectory throughout the year. By December 2025, ATOM is expected to trade at an average price of $23.334, a minimum price of $19.834, and a maximum market price of $29.167.

Longforecast Cosmos Price Prediction

According to Longforecast, ATOM will end 2022 with a bull market, trading as high as $19.72 and closing its yearly trade at $18.43. In 2023, they predict ATOM to have an overall bearish market leading to a minimum and maximum price of $12.37 and $14.23 at the end of the year. Longforecast’s predictions for 2024 indicate ATOM will experience a market rebound from the previous year. They predict the token to trade as high as $24.85 in November before closing the year at a market price of $22.49.

In 2025, Longforecast anticipates ATOM will record more losses than gains resulting in a maximum price of $21.55 by December, with the closing market price set at $20.14. Going into 2026, they expect ATOM to start the year with an uptrend hitting a maximum price of $35.76 by June. However, their predictions indicate a bearish run will follow after leading to an ATOM price range of $21.51 to 25.41 by October 2026.

Cosmos Price Predictions by Market Experts

According to More Crypto Online on Youtube, Cosmos ATOM could reach $20 in the coming days and weeks.

Remember that this video is not trading advice!

Conclusion

Cosmos project is a force to reckon with within the blockchain industry, especially because it is solving one of the main challenges in the industry by enabling developers to launch blockchains in an ecosystem where they can share information and carry out transactions with each other.

In the last month, ATOM has been one of the best-performing coins gaining over 27%. This price growth is due to many factors, including the continued expansion of the Cosmos ecosystem. 

Just earlier this month, Delphi Digital labs, a top analytics firm and protocol developer announced Cosmos as its primary blockchain for hosting new projects. 

Cosmos is a highly-rated crypto project with massive potential for widespread adoption. Going by the Cosmos forecasts, the price of ATOM is expected to rise. Every Cosmos price prediction shows a bullish trend in the short and long terms. Nevertheless, do due diligence before making investment decisions.

It is always important to do some thorough research of the cryptocurrency market before investing in any digital coin to understand what to expect especially owing to the high volatility nature of the crypto market.



from Price Prediction – Cryptopolitan https://ift.tt/udwkza7

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