Cosmos Price Prediction 2023-2032: Will ATOM Recover ATH?

Cosmos Price Prediction 2023-2032

• Cosmos Price Prediction 2023 – up to $13.33
• Cosmos Price Prediction 2026 – up to $40.11
• Cosmos Price Prediction 2029 – up to $121.24
• Cosmos Price Prediction 2032 – up to $369.85

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? The debacle promises to have its repercussions in 2023 That’s the essential question, for now: how will this affect our Cosmos Price Prediction?

How Much is Cosmos worth?

The Cosmos price today is $7.40, with a 24-hour trading volume of $73,868,583. Cosmos is up 1.79% in the last 24 hours. The current CoinMarketCap ranking is #24, with a live market cap of $2,701,246,698. It has a circulating supply of 346,608,690 ATOM coins and the max. supply is not available.

Cosmos price analysis: ATOM forms higher highs at $7.40 as bulls attempt a breakout

TL;DR Breakdown

• Cosmos price analysis shows an uptrend of 1.79%
• ATOM has been consolidating near its recent high of $7.50 as the bulls attempt a breakout from this level.
• The price has been hovering around the support at $7.20 but is struggling to maintain momentum above it.

Cosmos price analysis for 21st Sep shows Cosmos bulls have been holding the upper threshold of $7.50 but are struggling to push the price further above it. The market is trading in a tight range as buying pressure has weakened, and the bears have not yet broken through any support levels.

However, if ATOM succeeds in breaking out from this tight pattern, it could test the resistance at $8.00 or higher. On the other hand, if the bears take over and break below $7.21, it could lead to a deeper correction in price.

ATOM/USD daily chart technical analysis: Bulls attempt to reclaim the upper threshold

ATOM/USD daily chart shows that Cosmos price has been trading in a range-bound pattern over the past few days. The bulls have been attempting to break out from the consolidation pattern near $7.40 but are struggling to maintain momentum above it.

The 20-day and 50-day exponential moving averages (EMA) sloped upwards, indicating a strong bullish sentiment. The relative strength index (RSI) is also trending higher, suggesting that the bulls are gaining market control. 

The MACD indicator is printing in positive territory as it prepares to move into the bullish zone. This suggests that ATOM could soon experience upward momentum if the bulls break above the $7.50 resistance level.

ATOM 4-hour chart technical analysis: Bulls stumble to break above $7.50

On the 4-hour chart, ATOM/USD has been trading in a range-bound pattern as bulls attempt to reclaim the upper threshold of $7.50. The 20-EMA and 50-EMA sloped upwards, indicating an uptrend in price.

The RSI is trending just around 56, suggesting that the bulls are not completely controlling the market. The MACD indicator prints in the negative zone as it prepares to move into bearish territory. This could suggest that ATOM’s price might soon face some selling pressure if the bears break below the $7.20 support level. Cosmos is trading at $7.40 at the time of writing.

What to expect from Cosmos price analysis

Cosmos price analysis shows that ATOM is trading in a range-bound pattern near its recent high of $7.50. The bulls are attempting to break above this level but have not yet gained enough momentum. If the bears gain control and push below the support at $7.20, Cosmos could experience further downside pressure. On the other hand, if ATOM manages to break above $7.50, it could be on course for a further uptrend and test the resistance near $8.00 or higher.

Cosmos Recent News/Opinions

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

Cosmos Price Prediction 2023

According to the Current Cosmos price prediction and technical analysis, the price of Cosmos is expected as the entire cryptocurrency market recovers from the recent lows. The maximum price forecast for 2023 is $13.33 and an average price of $11.72.The least possible price for 2023 is expected to be $11.34.

Cosmos Price Prediction 2024

The Cosmos price prediction for 2024 expects the price of ATOM to reach a minimum value of $16.45 and an average price of $17.03, with a maximum trading price of $20.01 across the year 2024.

Cosmos Price Prediction 2025

In 2025, Our Cosmos price forecast estimates the price of COSMOS to reach a minimum price of$22.95, an average value of $23.80, and a maximum trading price of $28.57.

Cosmos Price Prediction 2026

The Cosmos price prediction for 2026 estimates the price of ATOM to trade at a minimum price of $34.31, an average trading value of $35.27, and a maximum price of $40.11 throughout the year 2026.

Cosmos Price Prediction 2027

By 2027, our Cosmos ATOM price prediction estimates the coin to attain a minimum price of $48.98 and an average price of $50.75 with a maximum forecast of $58.89 throughout 2030.

Cosmos Price Prediction 2028

The Cosmos ATOM price forecast for 2028 is ATOM to reach a minimum price of $69.07, an average trading value of $71.61, and a maximum trading price of $86.31 over the course of 2028.

Cosmos Price Prediction 2029

According to our Cosmos price prediction for 2029, the price of ATOM is estimated to achieve a minimum price of $102.51 and an average forecast price of $106.09, with a maximum price target of $121.24.

Cosmos Price Prediction 2030

Our Cosmos price prediction for 2030 suggests that the price of ATOM could reach a minimum value of $147.36 and an average trading value of $152.67, with a maximum forecast price target of $176.05 across 2030.

Cosmos Price Prediction 2031

The Cosmos price prediction for 2031 suggests the price of ATOM could reach a minimum price of $207.30 and an average price of $213.40.The maximum price forecast for 2031 is $251.40,

Cosmos Price Prediction 2032

In 2032, our Cosmos price prediction estimates ATOM to reach a minimum price of $296.43 and a maximum value of $369.85, with an average trading price of $307.10.

Cosmos Price Prediction by Wallet Investor

According to Wallet Investor, Cosmos is projected to experience a gradual decline in price over the next five years. Their Cosmos price prediction indicates that by the end of 2023, the average price of Cosmos is estimated to be approximately $0.794, representing a significant decrease of around 87.63% compared to its current value. Wallet Investor’s analysis suggests that a long-term increase in the price of Cosmos (ATOM) is not anticipated, and a price crash is likely.

Cosmos Price Prediction by Coincodex

At Coincodex, a short-term bearish outlook is expected regarding Cosmos price prediction. The Coincodex Cosmos price forecast estimates the value of ATOM to decline by -0.42% and reach $ 7.82 by June 15, 2023. According to our technical indicators, the current sentiment is Bearish, while the Fear & Greed Index shows 49 (Neutral). Cosmos recorded 17/30 (57%) green days with 3.80% price volatility over the last 30 days. Coincodex suggests it’s now a bad time to buy Cosmos.

The long-term Cosmos price suggests that in the best-case scenario, ATOM price prediction for 2026 is $ 251.00 if it follows Facebook’s growth. If Cosmos would follow Internet growth, the prediction for 2026 would be $ 28.79.

Cosmos Price Prediction by Gov Capital

Based on the current price and Gov Capital ATOM price prediction data, the Cosmos (ATOM) price has been on an uptrend for the past 1 year. The price predictions consider several variables, such as volume changes, price changes, market cycles, and similar coins. According to the Gov Capital ATOM forecast, the future ATOM price is predicted at $36.016 after a year.

Cosmos Overview

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.

Also Read:

• Cosmos 2.0: Uniting blockchains, interchain security, new issuance model for ATOM, and more
• Bitcoin, Binance Coin, Cosmos, and Monero Daily Price Analyses – 24 October Morning Prediction
• Bitcoin, Binance Coin, Tron, and Cosmos Daily Price Analyses – 3 November Morning Prediction
• What is Cosmos Crypto?

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.