This Cosmos crypto price prediction shows that the opinion of respected crypto experts and technical-based analysis combined predict that the long-term forecast of the blockchain-centered asset of Cosmos and its native token of ATOM has the potential to reach anywhere up to $760 between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy Cosmos.
“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”– Tyler Winkelvoss, Rower & Entrepreneur.
News about Cosmos
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Whilst Ethereum was the godfather of Blockchains, there have since been several newcomers to the space. Competitors or not, different blockchains still need to communicate with each other. This requires a network in-between, and this is where Cosmos comes in.
The decentralized network of Cosmos enables data exchanges between different blockchains with the overall goal of creating what they call ‘’the internet of blockchain’’. Its uniqueness has led to both Cosmos and its native token of ATOM providing phenomenal returns for those who invested at the right time.
But are you wondering if it’s too late to start investing in Cosmos? You’re not alone, many people are curious about whether investing in Cosmos now is a good idea. I was one of those people until I began to use a range of factors to research the future price of Cosmos such as:
- Price history
- The latest legislation
- Prediction strategies
- Expert analysis
- New investors
By analyzing all of these factors, I was able to find out that there’s never a bad time to invest in Cosmos. For example, statistics from the leading trading platform of eToro tell us that sales have skyrocketed in the past few months, demonstrating that demand for this coin is very high.
But what does the future hold for investors who get on board now? Will it rise even further? Our Cosmos price prediction aims to answer all. But first, let’s start with just what Cosmos and its native token of ATOM are and how it works.
What is Cosmos?
Founded in 2019, Cosmos was formed to provide a network between various blockchains that would allow them to communicate. Supported by a range of open-source tools, it focuses on interoperability and helps to streamline the transactions between them.
Cosmos is different than a lot of other crypto projects. Firstly, because it places a priority on running an ecosystem of networks that can share data and tokens in a decentralized way, rather than its network.
When a new blockchain is created within the Cosmos network, it’s known as a ‘’zone’’. This is then tethered to the Cosmos Hub, which maintains a record of the state of each zone and vice versa.
The Cosmos Hub is a proof-of-stake blockchain and is fuelled by the ATOM token, the native cryptocurrency of the network. This is one of the five elements of the Cosmos network, which are as follows:
- Cosmos Hub – This is the core blockchain where the Zones are attached to 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 blockchains 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.
Pros and cons of Cosmos
Like any cryptocurrency, Cosmos has its fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of Cosmos and its native currency of ATOM.
|✔️ Cosmos can bring you passive income through staking on the Cosmos Network and day trading.||❌ Cosmos is increasingly facing competition from various newcomers to the blockchain sphere.|
|✔️ Cosmos has many credible use cases.|
|✔️ ATOM keeps seeing increased liquidity.|
Do you still have questions about Cosmos? Rest assured, before we get into the price prediction, next we’ll cover some frequently asked questions about Cosmos and ATOM to give you a better understanding of the original digital asset and its price potential.
Who uses Cosmos?
Cosmos is used by crypto enthusiasts who wish to overcome the scalability problems and transfer issues associated with moving funds and projects between different blockchains.
How does Cosmos gain value?
Like most cryptocurrencies, the value of Cosmos and its native currency of ATOM is largely driven by speculation in its current state. As more people discover the wide range of its uses, its value grows. Due to the innovative nature of this network of blockchains and the continuous growth of significant partnerships, support for Cosmos is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value will likely grow in sync.
Can ATOM reach $100 per token?
Based on its recent price surges and innovative nature of being a platform with a growing userbase looking to utilize a connection between different blockchains, it’s possible that Cosmos and its native token of ATOM could reach $100 per token in the long term. Some experts believe it can surge past $700 per token in the next five years.
Where do people buy, sell, and trade Cosmos?
You can buy, sell, and trade Cosmos from any reputable crypto trading platform. If you are a new investor, then we suggest using eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.
Cosmos Price History
As it only hit the market in 2019, the price history of Cosmos and its native currency of ATOM is short compared to some of the bigger, more well-established cryptocurrencies. Nonetheless, it’s an important aspect to consider as we attempt to conclude a Cosmos crypto price prediction.
When it first hit the crypto markets for trading in March 0f 2019, the price of ATOM was listed at around $7.50. The first few years were rather bearish as the network of blockchains slowly started to gain support. The token’s value remained around or below the launch price until the start of 2021.
By early May 2021, the price of Cosmos surged to an all-time high of over $32 resulting in huge gains for early investors. However, this was unsustainable and the native token then entered a bearish trend alongside many other cryptocurrencies.
Expert analysis of the Cosmos price potential
One of the best tools we can use to try and determine the potential future price of Cosmos and its native currency of ATOM is to analyze the opinions of various crypto experts. Let’s delve into three estimated growth outlooks for various industry experts and analysts.
WalletInvestor uses an algorithm-based forecast in an attempt to predict the future price of cryptocurrencies. When it comes to Cosmos and its native currency of ATOM, they are also bullish. Over the long term, WalletInvestor predicts that the price of ATOM could reach somewhere around $54 by the end of 2021 and $126 by the end of 2025.
CoinPriceForecast is fairly bullish on its Cosmos outlook and expects the price to gradually increase over the long term. They predict it to reach $112.15 by the end of 2021, $411.65 by the end of 2023, and finally, a figure of $768.53 by 2025.
Another rather bullish expert analysis on Cosmos is LongForecast. They predict the price of ATOM in 2021 to potentially reach up to $91.45 by the end of the year. By the end of 2023, they expect it to drop to $84.36. But they expect the price to go on the rise again and reach $103.90 by the end of the year 2025.
So from over $100 in the short term and up to $768 in the long term, the overall expert analysis on the future price of ATOM is overwhelmingly bullish with some potentially lucrative returns in store for investors. But what does the technical analysis tell us about the price potential of this innovative digital asset?
Technical analysis of the Cosmos price potential
Now we move on to technical analysis to try and predict the future price of ATOM. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.
Cosmos crypto Price Prediction 2021 – 2022
Since the beginning of 2021, the price of Cosmos skyrocketed by 335% from $8.57 to its current price of $37.28. It’s predicted that the Cosmos crypto price will rise an additional 201% in the second half of 2021 and it’s then expected to close the year at $112.15. A year-to-year change of +1209%.
Cosmos crypto Price Prediction 2022 – 2023
After starting the year at $112.15, it’s predicted that the price of Cosmos will rise to $213.03 per coin in the first half of 2022, it’s then expected to gain $25 and finish the year at $238.03, which is a +538% gain on the current price.
Cosmos crypto Price Prediction 2023 – 2024
After starting 2023 at $238.03, Cosmos is expected to rise to a figure of $622 midway through the year before going on the rise again and ending the year at $411.65 at an overall annual increase of 1004% from the current price.
Cosmos crypto Price Prediction 2024 – 2025
After starting 2024 at $411.65, Cosmos is expected to rise to $628.32 halfway through the year. The second half of 2024 is expected to see the price of this unique cryptocurrency end the year at a higher price than the first half of 2024 at $768.53. That’s an overall annual increase of 1,962% on the current price.
Around the world, millions of people are increasingly relying on blockchain technology to solve a huge range of everyday problems affecting a multitude of businesses and industries. As a result, blockchain developers are seeking platforms that allow them to develop custom blockchains without having to go through the painstaking process of having to code the entire program from scratch.
Cosmos provides the solution to this. As a result, it’s possible that blockchain developers could turn to Cosmos en masse, resulting in a Cosmos price surge and potentially a significant return on investment for those who got on board early enough.
Whilst many people can see the significant potential in Cosmos, there is a significant number of people who are wondering where to invest in this innovative investment for the long term. The answer lies in a reputable and well-established trading exchange with access to vital trading tools like eToro.
Where to buy Cosmos?
ATOM, the native currency of Cosmos, is available to buy and trade on broker platforms like eToro alongside 18 other cryptocurrencies. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading.
What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading on Cosmos. This allows you to multiply small amounts to become large powerful positions that drive massive profits.
Overall, the financial situation, risk tolerance, and investment strategy of each person vary. Cosmos is inherently volatile and the price can rise or drop at a moment’s notice, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.
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Disclaimer – This content is for informational purposes only and is not investment advice. The trading of Cosmos and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.