Cosmos Price Prediction 2023 – 2025: Will ATOM Shoot To $50?

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Vivid evolution across the blockchain arena has quickly gained the attention of the mainstream with a plethora of benefits. In contrast, their attention is concurrently yielded to various bottlenecks and glitches, that are preventing it from vast adoption. Cosmos had emerged to resolve the hardest problems existing in the blockchain industry.

Cosmos (ATOM) price in the recent past had boomed and surprised many including many big hands. Record-breaking volumes were registered which were missing since inception that rallied the price to new highs. 

Do you wish to hold ATOM or holding some already? Wondering about the prospects of the digital asset? Look no further as this writing will get your queries sorted. As we have decoded the plausible ATOM price prediction for 2023 – 2025 and beyond. 

Overview

Cosmos Price Prediction 2023 – 2030

Cosmos’s Price Forecast 2023

The Cosmos network could spread its wings to a wider userbase, provided the updates materialize as per the expectations. With the rollout of V11-Gamma, NFT modules, and smart contracts, amongst others. The price of ATOM could rally to $29.5501, by the end of 2023. 

On the flip side, if we see modulations in regulatory norms, this cryptocurrency could spectate a spike in liquidations. Resulting in a price tag of $15.3369 toward the end of the year. Successively, an equilibrium in buying and selling pressures could land the price at $22.5216.   

ATOM Price Prediction 2024

If the crew behind Cosmos strengthen the network with resolutions and developments, and the community with social events. The price of the altcoin could propel to its potential high of $50.1203 by the year’s end.

Conversely, failing to standing tall to its commitments, the price of ATOM could slump to the lows of $24.6117. Constrained by a steady constructive momentum, the price could stand at $36.8791. 

Cosmos Price Prediction 2025 

Over the next 3 years the developmental initiatives will help thrive scalability and transaction speeds. Which will intern push the userbase of the network. Wherefore, by the end of 2025, the price forecast could rise to $81.0663.

In contrast, the network losing out on steam, amidst emerging rivals and lack of interests could drag the price down to $40.5434. Considering the bullish and bearish targets the average price might land at $60.7079. 

Cosmos Price Prediction 2026 – 2030

CoinPedia’s ATOM Price Prediction

The ATOM price may smash new milestones in the upcoming days, as it intends to enable fast, secure, and scalable blockchain solutions. According to CoinPedia’s formulated Cosmos price prediction. If the network launches upgrades in order to boost staking and other features to benefit the traders. The price prediction may easily surpass the $29.55 mark this year.

If the network fails to execute its plan, then the price can flip into a bearish trap and dip to $15.33. Considering everyday trade pressure and considering the above factors. The average price by the end of 2023 would be around $22.52.

Market Analysis

*The aforementioned targets are the average targets set by the respective firms.

What Is Cosmos (ATOM)?

The Cosmos network is heralded as an “Internet of blockchains” which intends to build a grid of crypto networks bridged by open-source tools for streamlining trades between them. The central focus of the platform is to achieve customizability and interoperability. 

Further, the ecosystem has its own native currency called ATOM. However, the Cosmos network, a Proof-of-Stake blockchain, is empowered by its native token ATOM. The main motive is to nurture a platform of networks that could share tokens and data algorithmically. With no central party intervening in the activity.

Company Details

cosmos

• Blockchain Network

The Cosmos Network is a decentralized network of independent, scalable, and interoperable blockchains, creating the foundation for a new token economy.  The platform aims of creating the next-level internet where blockchains replace computers. It solves some of the hardest blockchain problems of scalability, usability, and interoperability. The Cosmos Network was established by Jae Kwon in the year 2014. The company is placed in Zug, Switzerland, and was founded by Ethan Buchman and Jae Kwon.
 
The Cosmos Network is a secure and scalable blockchain ecosystem. The Cosmos SDK is a user-friendly, modular framework that allows developers to fully customise their dApp to best suit their needs, powered by Tendermint Core’s BFT Proof of Stake protocol. The network also streamlines application development by providing necessary tools and platforms, where developers can leverage the existing blockchains and modules within the network and increase adoption and liquidity in a significantly less amount of time.

Fundamental Analysis

Cosmos is one such project that aims to address the issues related to ‘Proof-of-Work’. Applied by many major projects within the blockchain industry. The main goal of the project is to simplify the blockchain system with less complexity.

The project was first outlined back in 2014 by founding Tendermint by Jae Kwon, Zarko Milosevic, and Ethan Buchman. Further, in 2016, the whitepaper was released and the native token of the project ‘ATOM’ was also launched by holding a sale. 

Cosmos is one of the veteran projects that has been existing for quite a long time. And hence the asset is available for trade on many platforms. Currently, it is traded on Binance, Bittrex, kraken , Gate.io, huobi, Poloniex, and other popular exchanges.

ATOM Historical Market Sentiments 2019 – 2021

• The Cryptocurrency, Cosmos (ATOM) got listed on March 14th, trading at $6.64 without any market capitalization. 
• The price showed a gradual increase to $7.36 on March 17th. Which again fell down to $4.83 the very next day. 
• The coin continued to trade in the range of $3 – $5 till the end of 2019.
• The price which started the trade at the beginning of the year close to $5. Plunged notably close to $1 by mid of March. 
• Further, the price surged steadily to hit yearly highs above $8 by the end of August 2020. 
• However, the price despite certain pullbacks closed the yearly trade above $5 showcasing less volatility.
• The yearly trade initiated above $5, which spike remarkably to $23.85 by the end of February. 
• Gaining bullish momentum in the first week of April, propelled the price to hit ATH at $28.49 on April 15th.
• After moving sideways until the 26th of April, a leg-up pushed the price to $32.050 by the 7thof May. 
• The spike was short-lived, as bearish trends took the price down to $9.77 by the 19th  of May. 
• Following consolidations until the 21st of July, a steady uptrend took the price to $44.32 by the 20th of September. 
• Q4 was initiated with a downtrend, although the price spiked to $43.32 for the short term. After a pullback, a leg up helped ATOM close the annual trade at $33.906.

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