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Cosmos Price Prediction 2024-2033: Will ATOM Recover ATH?

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Cosmos Price Prediction 2024-2033

Binance chief executive Changpeng Zhao likened the recent FTX collapse to the start of the 2008 financial crisis. Will its demise cause other crypto firms to fold? That’s the essential question, for now: how will this affect our Cosmos Price Prediction?

How much is Cosmos worth?

Today’s live Cosmos price is $9.05, with a 24-hour trading volume of $62,865,329. Cosmos is down 0.14% in the last 24 hours. The current CoinMarketCap ranking is #24, with a live market cap of $3,485,484,063. It has a circulating supply of 385,170,856 ATOM coins, and the maximum supply is not available.

Cosmos Price Analysis: ATOM Oscillates Near $9.05 As Bulls Gain Control

  • The Cosmos price analysis is bullish.
  • Resistance for ATOM is present at $9.18.
  • Strong support is present at $8.99.

The Cosmos price analysis shows a bullish trend for today. The bulls have taken over the price charts once again and have enhanced the price level to $9.05, as the coin is getting positive market sentiment. The 20-EMA provides support, and the 50-EMA indicates a bullish trend. The buying pressure is high, with buyers taking the lead in the market.

The trading volume for the ATOM/USD is still in the negative zone and is constantly increasing. On the other hand, the support level for ATOM/USD remains strong, at nearly $9.05. If it fails to hold this support area, Cosmos can drop towards lower levels in the coming days.

Cosmos 1-Day Price Chart: Bulls Take The Lead At $9.05 After A Recent Surge

The 1-day price chart for Cosmos price analysis shows bulls are in the lead for today as well, following the bullish lead of yesterday. In the past few days, bulls and bears have been engaging in an intense tug-of-war, and the current situation shows that bulls are dominating the market. The ATOM/USD is currently trading at $9.05, with a surge of 0.14% in the last 24 hours.

ATOM/USD 1-day price chart; TradingView

The MACD has formed a bearish pattern, which suggests that the coin may move down in the coming days if the bulls dont take complete control. The MACD line is currently below the signal line, displaying a bearish pattern. The RSI has also formed a bullish pattern and is trading at 40.64. This indicates that the Cosmos market is currently in an uptrend, and it may go further up in the coming days.

Cosmos 4-Hour Price Chart: Recent Developments And Further Technical Indications

The 4-hour price chart for Cosmos price analysis shows the price function is headed upwards today after a sudden price drop observed yesterday. Bulls have been ruling for the last few hours and have improved the price level up to $9.05, with a further increase in price also expected in the coming hours.

ATOM/USD 4-hour price chart; TradingView

The 4-hour technical indicators for Cosmos price analysis are in the bullish zone. The moving average convergence/divergence (MACD) is currently in positive territory, indicating that the coin may move up in the coming hours. The relative strength index (RSI) is trading at 43.74, which suggests that the market is neutral and there is no central buying pressure. The average directional index (ADX) is also in the bullish zone at 39.17, indicating that the bulls dominate the market.

Is Cosmos a good investment?

Cosmos is setting ambitious goals for 2024, focusing on increasing its blockchain‘s modularity, enhancing the developer experience, addressing technical debt, and driving user adoption. Its vision to make the Cosmos SDK more modular is particularly noteworthy. This initiative aims to simplify the customization and integration process for developers, making it easier to build and deploy custom blockchains that can seamlessly communicate with each other through Cosmos’ Inter-Blockchain Communication (IBC) protocol.

By addressing technical debt, Cosmos plans to streamline development processes and reduce the extra workload caused by earlier compromises. This move is expected to attract more developers to the platform, especially those from competing platforms like Ethereum, by offering a more flexible and efficient environment for blockchain development. The emphasis on improving modularity and interoperability positions Cosmos as a strong contender in the blockchain space, potentially increasing its appeal to developers and users alike.

Moreover, the underlying technologies such as Tendermint consensus and the Cosmos SDK are designed to support fluid and custom blockchain creation, which could lead to increased adoption and innovative applications. This strategy not only aims to solidify Cosmos’ position in the blockchain ecosystem but also makes a compelling case for investors and developers to consider Cosmos (ATOM) as a promising asset and platform for future blockchain projects.

What To Expect From Cosmos Price Analysis?

To sum up, the Cosmos price analysis shows that bulls are dominating the market. The price is currently trading at $9.05 and is expected to go up in the coming hours as buying pressure increases. However, if bears take over the market, the ATOM/USD price may drop to lower levels in the upcoming days. 

Cosmos Recent News

Cosmos Hub v11 Upgrade: Enhancing Solidity Integration for Developers

In a recent development that has captured the attention of the blockchain community, the Cosmos Hub is set to undergo a significant upgrade. Slated for August 16, the Cosmos Hub v11 upgrade promises to bring a slew of enhancements and features that will further solidify its position in the decentralized ecosystem.

The Cosmos network, renowned for its interoperability and scalability, has always been at the forefront of blockchain innovation. This new upgrade is a testament to its commitment to providing developers with the tools they need to create groundbreaking applications. One of the most anticipated features of this upgrade is the seamless integration for Solidity developers. Solidity, Ethereum’s primary programming language, has a vast developer community. By enabling smoother integration, Cosmos is opening its doors to a plethora of innovative decentralized applications (DApps) and smart contracts.

Evmos, an extension of the Cosmos ecosystem, plays a pivotal role in this integration. With Evmos, Solidity developers can now effortlessly migrate or develop new projects on the Cosmos network. This not only expands the potential of the Cosmos ecosystem but also offers Solidity developers a broader playground with enhanced scalability and interoperability features.

The implications of this upgrade are vast. For one, it bridges the gap between two major blockchain communities – Cosmos and Ethereum. Developers familiar with Solidity can now leverage the benefits of the Cosmos network without undergoing a steep learning curve. This move is expected to spur a wave of innovative projects and collaborations between the two communities.

In conclusion, the Cosmos Hub v11 upgrade is not just another update. It’s a strategic move that positions Cosmos as a hub for blockchain innovation, welcoming developers from various backgrounds. As the blockchain landscape continues to evolve, such integrations and upgrades will be crucial in fostering a collaborative and innovative environment.

Cosmos Price Prediction by Cryptopolitan

YearMinimumAverageMaximum
2024$13.76$14.26$17.18
2025$20.00$20.72$24.07
2026$30.25$31.29$35.33
2027$44.66$45.91$52.25
2028$65.06$67.36$77.24
2029$94.51$97.87$113.59
2030$141.52$146.41$167.13
2031$199.28$206.60$243.31
2032$301.73$312.06$346.19
2033$423.63$436.12$514.39

Cosmos Price Prediction 2024

Looking ahead to 2024, Cosmos continues on its upward trajectory with promising price predictions. The cryptocurrency is expected to maintain a minimum price of $13.76 and an average price of $14.26 throughout the year. More optimistically, there are indications that the maximum price could reach an encouraging $17.18, offering the potential for significant returns on investment for stakeholders.

Cosmos Price Prediction 2025

The year 2025 appears to be another strong year for Cosmos, with its price predicted to rise even further. Technical analyses suggest a minimum price of $20.00 and an average price of $20.72. The optimism surrounding Cosmos’s market performance is underscored by predictions from technical indicators, indicating a maximum price reaching an impressive $24.07.

Cosmos Price Prediction 2026

As we move into 2026, Cosmos’s growth momentum remains robust. ATOM price analyses indicate a bullish trend with a minimum expected price of $30.25 and an average price of $31.29. The maximum price is forecasted to potentially reach up to $35.33, showcasing the cryptocurrency’s continued strength.

Cosmos Price Prediction 2027

Predictions for 2027 assert that Cosmos will sustain its upward trend. The cryptocurrency is expected to maintain a minimum price of $44.66 and an average price of $45.91. The ceiling for Cosmos’s price is predicted to expand, with maximum prices potentially reaching $52.25, offering the potential for substantial gains.

Cosmos Price Prediction 2028

The year 2028 is projected to be another bullish year for Cosmos. Financial projections place the minimum price at $65.06 and the average price at $67.36. The growth trajectory reaches new heights this year, with the maximum price forecasted to climb to an impressive $77.24, solidifying Cosmos’s strong market presence.

Cosmos Price Prediction 2029

As Cosmos advances into 2029, market confidence seems to be reflected in its robust performance. The digital asset is forecasted to have a floor price of $94.51 and an average price consistent with this, at $97.87. The maximum price is expected to reach $113.59, further establishing Cosmos as a cryptocurrency with significant growth potential.

Cosmos Price Prediction 2030

The closing years of the decade hold promise for Cosmos, with the cryptocurrency expected to soar to new valuations. The minimum price is projected at $141.52, with an average price slightly higher at $146.41. The year’s maximum price could see Cosmos reach up to $167.13, marking another year of healthy growth and potential investment opportunities.

Cosmos Price Prediction 2031

Entering the new decade in 2031, Cosmos continues to inspire optimism with anticipated growth. The minimum price is expected to rise to $199.28, and the average price is forecasted at $206.60. The maximum price, representing the most bullish of predictions, is slated to reach an impressive $243.31, reinforcing Cosmos’s position as a cryptocurrency with a bright future.

Cosmos Price Prediction 2032

By 2032, Cosmos is predicted to cement its position with significant gains. The year’s minimum price is forecasted at $301.73, with an average standing at $312.06. The pinnacle of its yearly performance is expected in the maximum price, with projections indicating it could reach an outstanding $346.19, underscoring a decade of remarkable growth for Cosmos.

Cosmos Price Prediction 2033

Looking ahead to 2033, Cosmos continues to be a promising investment option. Predictions suggest a minimum price of $423.63 and an average price of $436.12. The maximum price is anticipated to reach an impressive $514.39, reaffirming Cosmos’s potential for substantial returns.

Cosmos Price Prediction by Wallet Investor

According to the financial forecasts and in-depth analysis of Cosmos’s market trends by Wallet Investor, the outlook for Cosmos (ATOM) does not indicate a substantial uptick in the long term. The detailed assessment, considering the current market fluctuations and trading patterns, anticipates a relatively flat growth trajectory.

Cosmos Price Prediction by GOV Capital

Drawing on comprehensive analysis and considering various critical factors such as volume shifts, price movements, market cycles, and trajectories of comparable cryptocurrencies, GOV Capital presents an optimistic forecast for Cosmos (ATOM). In contrast to more conservative estimates, their analysis underscores a favorable market response over the past year, recognizing a consistent uptrend in ATOM’s valuation. Projecting forward, GOV Capital anticipates this positive momentum to sustain, estimating a promising target price of $26.33 for Cosmos within the next year. This projection by GOV Capital suggests robust confidence in ATOM’s market performance, advocating a potentially lucrative opportunity for investors, given the coin’s recent history of resilience and growth in a complex, often unpredictable market landscape.

Cosmos Price Prediction by Coin Price Forecast

Coin Price Forecast presents an encouraging perspective on ATOM’s financial prospects. Their projections, based on current trends and market indicators, suggest that the Cosmos (ATOM) cryptocurrency is on a trajectory to breach the $10.00 threshold by 2025. This forecast not only signals a stable appreciation of the asset but also positions Cosmos as an attractive addition to investment portfolios. Looking further ahead, the Coin Price Forecast’s analysis extends into the next decade, anticipating that the token’s value could reach an apex of approximately $18.30 by 2030. These estimations reflect a measured but positive market sentiment, indicating that while growth is expected to be gradual, the long-term outlook proposes a substantial return potential for patient investors in the ATOM ecosystem.

Cosmos Overview

Popularity0.61%Market Cap$3,871,837,581
Price Change (24 hours)-1.16%Trading Volume (24 hours)$123,234,290
Price change (7 days)+5.83%Circulating Supply383,149,654 ATOM
All-time lowOct 23, 2017($1.13)All-time high(Sep 20, 2021) $44.70
From ATL+806.51%From ATH-77.06%

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.

More on the Cosmos Network

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 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, 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 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.

Conclusion

The current market trends and infrastructure supporting the ATOM token make it an incredibly compelling investment opportunity. With Cosmos’ commitment to interoperability and its huge potential for growth in the near future, there’s no denying that ATOM is a sound choice for any investor looking for strong returns. The future is grim for Cosmos should any of its major contenders begin to grow at a faster rate than it. Additionally, the project will become extinct if Blockchains construct their links with other networks that do not rely on third-party platforms such as Cosmos.

With the ever-expanding number of altcoins, there are many potential interoperability solutions for the cryptocurrency market. However, predicting which will be most successful in this dynamic environment is difficult. Ultimately, evaluating the fundamentals makes it clear that this token is a dependable long-term investment. With its active development, the potential for scaling, and a dedicated team of developers, the Cosmos Network provides a platform on which many ambitious projects can be built.

A few months ago, ATOM was 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. In early September, 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 thorough research on 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.

FAQs

How to buy ATOM Token?

ATOM coins may be bought on major cryptocurrency exchanges like Binance, Coinbase, or any exchange that supports both fiat and ATOM to simplify purchase.

Is ATOM a good investment in 2023?

Our Cosmos price prediction for 2023 suggests the price of Cosmos will be at a minimum of $14.87 and an average of $15.34. Cosmos forecast suggests a maximum price of $17.73.

Is Cosmos a good coin?

Cosmos has a lot of long-term potential and seems well-positioned to stand the test of time. However, it is still a volatile and high-risk industry, so don't invest money you can't afford to lose. Research ATOM, its competitors, and the cryptocurrency industry to ensure you understand the risks involved before you buy.

What problem does Cosmos solve?

Cosmos solves three primary problems in the blockchain: sovereignty, scalability, and sustainability.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Joel Oluwatobi

Joel is a Blockchain enthusiast who has been active in the blockchain sector since 2016. He enjoys talking about blockchain and its implications for the future of humanity. Joel is a firm believer that decentralization offers the gaming industry and players lots of unique benefits.

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