Due to the steady development and popularization of the ideas of the cryptocurrency community, the modern crypto market is constantly in need of new technical and conceptual solutions that could improve user interaction with crypto. One of these projects is the Cosmos network and its internal digital coin ATOM
- Buy Crypto at The Best Rate
- Cosmos Overview
- Cosmos Price Analysis
- Cosmos Actual Price
- Market Predictions
- Cosmos Price Prediction 2022-2030
- Cosmos Price Prediction 2022
- ATOM Price Forecast for May 2022
- June 2022: Cosmos Price Forecast
- ATOM Price Forecast for July 2022
- August 2022: Cosmos Price Forecast
- ATOM Price Forecast for September 2022
- October 2022: Cosmos Price Forecast
- ATOM Price Forecast for November 2022
- December 2022: Cosmos Price Forecast
- Cosmos Price Prediction 2023
- Cosmos Price Prediction 2024
- Cosmos Price Prediction 2025
- Cosmos Price Prediction 2026
- Cosmos Price Prediction 2027
- Cosmos Price Prediction 2028
- Cosmos Price Prediction 2029
- Cosmos Price Prediction 2030
- Cosmos Price Prediction 2031
- Is Cosmos a good investment?
- Is Cosmos built on Ethereum?
- How high can Cosmos go?
- Does Cosmos have smart contracts?
Cosmos is an ecosystem made up of blockchains that can interact with each other. Until its creation, each blockchain was isolated and could not intersect with the rest of bullish on-chain metrics. Besides, it was difficult to achieve high transaction speed. However, Cosmos offers a new technological vision.
In Cosmos, the blockchains work as independent parallels, powered by the Byzantine Fault Tolerance (BFT) algorithm. The whole system operates on the Tendermint consensus, created by Jae Kwon in 2014. Cosmos creates an ecosystem of blockchains that can scale and interoperate.
The Cosmos project has several important technical features helping to achieve the interaction goals: scalability, Byzantine Fault Tolerance, Proof-of-Stake algorithm, and cross-blockchain bridges.
In a few words, Byzantine Fault Tolerance (BFT) is a property of a system capable of withstanding a class of failures arising from the Problems of Byzantine Generals. This means that the BFT system can continue to work even if some of the nodes are down or acting maliciously.
Scalability is an essential feature of any project aimed at supporting future application development. Cosmos’ intention is to increase its scalability using other various compatible networks connected through zones. These zones operate in parallel to increase transaction throughput. Each zone has its register, agreement protocol, and primary language.
The PoS method is based on a set of semi-trusted nodes for voting by blocks. As long as more than a quarter of the voting nodes are honest, the protocol will work without any problems. Consensus nodes need to provide a share of ATOM tokens as collateral. Any node that finds that it is acting with malicious intent will be deleted from the system, and its ATOMs will be burned.
Validators, running on cross-chain bridges, are synchronized with the central Cosmos Hub. However, they also launch a full node on the opposite blockchain on the other side of the bridge to confirm that the corresponding amount has been fixed. Original tokens are blocked in a scenario with several signatures until the bridge verification tool unlocks them. Accordingly, it destroys the tokens in the cross-chain. This approach allows users to transfer digital assets in different chains.
ATOM is a native cryptocurrency used to pay transaction fees at the Cosmos main center and participate in the consensus process.
Cosmos Price Analysis
Cosmos is a decentralized network connecting independent blockchains to ensure interaction between them. The network operates on the Tendermint consensus algorithm, and the developers position it as an “Internet of blockchains.” On August 18, ATOM’s price increased by 25% from $15 to $20 after the launch of the DeFi firewall interface called Emeris.
At the end of August, Cosmos developers launched a “bridge” to the Ethereum network. Integration of Sifchain, a decentralized exchange (DEX) on Cosmos network, with the Inter-Blockchain Communication (IBC) protocol allowed to conduct trade transactions between Cosmos and Ethereum networks for the first time.
ATOM/USD stopped the climb on September 14, retreating to the previous all-time high support level of $32.5, with several days of consolidation around the price area. On September 16, the Cosmos price made another push higher, establishing a new low peak as bulls were not yet ready to go any further.
On the other hand, the ATOM coin has continued to rise since August 23. It pushed through several obstacles before finally breaking out of a short-term consolidation range at the beginning of September. The ATOM project cryptocurrency exchange rate subsequently passed the $40 mark, establishing a new all-time maximum price of $44.42 on September 20.
Cosmos Actual Price
According to CoinMarketCap.com, the actual Cosmos price as of 14th of December is $21.37. Over the past day, the price has increased by 5.70%, and over the week, it has fallen by 1%. Cosmos price analysis has shown that the digital asset’s cost decreased by 12.5% in a month. Moreover, its value has increased by 276% over the year.
Furthermore, ATOM has a current circulating supply of 226,226,028 coins.
If you are looking for the best place to buy some ATOM coins you should choose an instant crypto exchange Changelly. Here, you can easily get Cosmos or any other of 200+ digital assets available at Changelly. Moreover, our users are able to buy and sell digital coins with a credit or debit card in just a few clicks.
There is quite a lot of competition among projects trying to solve the interaction issues between blockchains. Cosmos’ competitors include startups such as Polkadot, AION, and Penta. Cosmos offers a platform for making payments and exchanging information between blocks, but the problem of interaction between blockchains is still relevant. The solution to it will allow not only to make payments between blockchains but also to exchange information in full. Thus, the future of the project depends on its development.
It is risky to write a forecast for the ATOM cryptocurrency, just like for any other digital asset — the crypto market is too unpredictable. However, some take risks and voice their options. Whether they coincide with reality or not is another question.
According to Wallet Investor and Digital Coin Price, the ATOM rate will continue gaining profit in a matter of a year. By the end of 2021, it might reach almost $30 making it 33% of potential growth. Gov. Capital price forecast is not more bullish than others since it predicts that the price of ATOM might reach $29
Many experts who reason practically and do not take risks every minute advise if you invest in Cosmos, then not too much. In addition, they remind us of the fact that such investments should be perceived as long-term. There will be no quick profit in this case. And of course, ATOM’s prospects will be affected not only by the development of the project itself but also by the state of the cryptocurrency market as a whole. Changelly encourages all users to do their own research before investing in cryptocurrencies. You can also see the list of coins that will explode in 2022.
Cosmos Price Prediction 2022-2030
Cosmos Price Prediction 2022
According to the technical analysis of Cosmos prices expected in 2022, the minimum cost of Cosmos will be $12.39. The maximum level that the ATOM price can reach is $13.84. The average trading price is expected around $12.78.
ATOM Price Forecast for May 2022
Based on the price fluctuations of Cosmos at the beginning of 2022, crypto experts expect the average ATOM rate of $10.19 in May 2022. Its minimum and maximum prices can be expected at $9.32 and at $10.48, respectively.
June 2022: Cosmos Price Forecast
Cryptocurrency experts are ready to announce their forecast for the ATOM price in June 2022. The minimum trading cost might be $10.01, while the maximum might reach $10.89 during this month. On average, it is expected that the value of Cosmos might be around $10.40.
ATOM Price Forecast for July 2022
Crypto analysts have checked the price fluctuations of Cosmos in 2022 and in previous years, so the average ATOM rate they predict might be around $10.71 in July 2022. It can drop to $10.22 as a minimum. The maximum value might be $11.31.
August 2022: Cosmos Price Forecast
In the middle of the year 2022, the ATOM price will be traded at $11.14 on average. August 2022 might also witness an increase in the Cosmos value to $11.84. It is assumed that the price will not drop lower than $10.75 in August 2022.
ATOM Price Forecast for September 2022
Crypto experts have analyzed Cosmos prices in 2022, so they are ready to provide their estimated trading average for September 2022 — $11.58. The lowest and peak ATOM rates might be $11.20 and $12.29.
October 2022: Cosmos Price Forecast
Crypto analysts expect that at the end of summer 2022, the ATOM price will be around $12.05. In October 2022, the Cosmos cost may drop to a minimum of $11.56. The expected peak value might be $12.87 in October 2022.
ATOM Price Forecast for November 2022
Having analyzed Cosmos prices, cryptocurrency experts expect that the ATOM rate might reach a maximum of $13.35 in November 2022. It might, however, drop to $11.90. For November 2022, the forecasted average of Cosmos is nearly $12.29.
December 2022: Cosmos Price Forecast
In the middle of autumn 2022, the Cosmos cost will be traded at the average level of $12.78. Crypto analysts expect that in December 2022, the ATOM price might fluctuate between $12.39 and $13.84.
Cosmos Price Prediction 2023
After the analysis of the prices of Cosmos in previous years, it is assumed that in 2023, the minimum price of Cosmos will be around $18.42. The maximum expected ATOM price may be around $21.08. On average, the trading price might be $18.93 in 2023.
Cosmos Price Prediction 2024
Based on the technical analysis by cryptocurrency experts regarding the prices of Cosmos, in 2024, ATOM is expected to have the following minimum and maximum prices: about $26.03 and $32.11, respectively. The average expected trading cost is $26.98.
Cosmos Price Prediction 2025
The experts in the field of cryptocurrency have analyzed the prices of Cosmos and their fluctuations during the previous years. It is assumed that in 2025, the minimum ATOM price might drop to $38.62, while its maximum can reach $45.87. On average, the trading cost will be around $39.97.
Cosmos Price Prediction 2026
Based on the analysis of the costs of Cosmos by crypto experts, the following maximum and minimum ATOM prices are expected in 2026: $67.61 and $59.36. On average, it will be traded at $60.96.
Cosmos Price Prediction 2027
Crypto experts are constantly analyzing the fluctuations of Cosmos. Based on their predictions, the estimated average ATOM price will be around $86.03. It might drop to a minimum of $83.60, but it still might reach $102.34 throughout 2027.
Cosmos Price Prediction 2028
Every year, cryptocurrency experts prepare forecasts for the price of Cosmos. It is estimated that ATOM will be traded between $116.80 and $144.03 in 2028. Its average cost is expected at around $120.24 during the year.
Cosmos Price Prediction 2029
Cryptocurrency analysts are ready to announce their estimations of the Cosmos’s price. The year 2029 will be determined by the maximum ATOM price of $202.08. However, its rate might drop to around $173.32. So, the expected average trading price is $178.13.
Cosmos Price Prediction 2030
After years of analysis of the Cosmos price, crypto experts are ready to provide their ATOM cost estimation for 2030. It will be traded for at least $246.73, with the possible maximum peaks at $298.10. Therefore, on average, you can expect the ATOM price to be around $253.86 in 2030.
Cosmos Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Cosmos’s price. The year 2031 will be determined by the maximum ATOM price of $431.56. However, its rate might drop to around $363.40. So, the expected average trading price is $376.10.
What could be the reason for Cosmos’ cryptocurrency price growth in the long-term perspective? Let’s be clear: Cosmos is another smart contract platform. One might call it “another Ethereum.” However, its architecture is brilliant from a technical point of view. The main advantage of Cosmos is its superior and easy-to-use software development kit. With all of these things, the project’s main goal is to reach enormous scalability.
If the developers make high scalability happen, Cosmos’ price might jump to the moon, as developers might shift to this project from Ethereum. Time will tell.
You can always exchange your coins and tokens to ATOM on Changelly or instantly buy Cosmos cryptocurrency with a credit card (Visa, Mastercard), bank transfer, and Apple Pay.
Is Cosmos a good investment?
Cosmos is an awe-inspiring project with good plans for the future. The network’s native token, ATOM, has a high probability of surpassing its current all-time high.
Is Cosmos built on Ethereum?
Ethermint is an implementation of the Ethereum blockchain on top of Tendermint, which is implemented in the Cosmos Network. Ethermint has a current state of the Ethereum network constantly syncing with it.
How high can Cosmos go?
The average Cosmos exchange rate could reach $35.31 by the end of this year. If we outline a five-year plan, we consider that the coin has all chances to reach the $160.49 mark.
Does Cosmos have smart contracts?
With Solidity usage, it is possible to develop smart contracts that will work in the Cosmos blockchain.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.