Story Highlights
- The live price of Cosmos is $8.65335661.
- Cosmos price could reach a potential high of $25.06 by the end of 2024.
- ATOM price could reach a potential high of $89.05 by the year 2030.
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. We have decoded the possible ATOM price prediction for 2024 – 2030 and the years to come!
Table Of Contents
- Story Highlights
- Overview
- Cosmos Price Prediction May 2024
- ATOM Price Prediction 2024
- Cosmos Price Prediction 2024 – 2030
- Cosmos Price Prediction 2025
- Cosmos Crypto Price Prediction 2027
- CosmosPrediction 2028
- ATOMCoin Price Prediction 2029
- CosmosPrice Prediction 2030
- Market Analysis
- CoinPedia’s Price Prediction
- Fundamental Analysis
- What Is Cosmos?
- ATOM Historical Market Sentiments 2019 – 2022
- Can ATOM Reach $25 by 2024?
- FAQs
Overview
Cryptocurrency | Cosmos |
Token | ATOM |
Price | $8.65335661 3.09% |
Market cap | $3,382,862,505.6038 |
Circulating Supply | 390,930,671.0000 |
Trading Volume | $104,216,023.9594 |
All-time High | $44.70 on 20th September 2021 |
All-time Low | $1.13 on 13th March 2020 |
24 High | $9.2360 |
24 Low | $8.8750 |
Factors Influencing ATOM Price
The future price of ATOM will depend on several important considerations. The Cosmos ecosystem has great potential but also faces challenges ahead. By examining fundamental market dynamics, development activities, regulations, and technical analysis, we can understand what may drive the price of ATOM in the coming years.
Market Trends
When the overall crypto market is bullish, this usually helps lift the price of coins like ATOM. If Bitcoin rises strongly, it may pull up the value of smaller altcoins. However, ATOM could face selling pressure in a prolonged bear market even with ecosystem growth.
Cosmos Ecosystem Growth
New projects built on Cosmos will bring more users and activity. Popular applications that solve real problems may increase developers’ and investors’ demand for ATOM. Partnerships with established organizations also help introduce more people to the ecosystem.
Regulation and Security Concerns
Regulation remains a risk for cryptocurrencies. While Cosmos is a decentralized technology, the SEC may still scrutinize certain activities. Clarification from regulators on ATOM’s status could give long-term investors confidence.
Technical Analysis
Analysing ATOM’s price history can help us identify potential support and resistance levels. If the 50-day moving average line is crossed, that provides a signal on the short-term trend. The Relative Strength Index is also helpful—divergences against price action may foreshadow reversals.
Cosmos Price Prediction May 2024
The ATOM price has successfully broke out of the resistance level of $8.950 after trading in a closed range between $7.525 and $8.950 for a brief period. Moreover, top altcoin continue to indicate bullish sentiment, indicating a positive price action in the crypto industry this week.
Positively, the Cosmos price has added approximately 6% within the past day and 16.43% over the past seven days, highlighting a rising bullish influence for this altcoin in the crypto industry.
The Moving Average Convergence Divergence (MACD) displays a constant rise in the green histogram, indicating increased buying-over-selling pressure within the crypto market. Further, the averages show a significant rise in the chart, suggesting a bullpower in the crypto industry.
If the market holds the price above the support level at $8.950, the price will regain momentum continue to rise, and test its upper resistance level of $12.650 in the coming time. Conversely, if a trend reversal occurs, the bulls will lose momentum and fall to test its crucial support level of $7.525.
ATOM Price Prediction 2024
If the crew behind Cosmos strengthens the network with resolutions and developments, and the community with social events. The price of the altcoin could propel to its potential high of $25.06 by the year’s end.
Conversely, failing to stand tall to its commitments, the price of ATOM could slump to the low of $12.30. Constrained by a steady constructive momentum, the price could stand at $18.93.
Cosmos Price Prediction 2024 – 2030
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 12.30 | 18.43 | 25.06 |
2025 | 20.27 | 30.35 | 40.53 |
2026 | 23.63 | 36.40 | 48.07 |
2027 | 28.42 | 47.95 | 58.63 |
2028 | 34.34 | 49.58 | 65.29 |
2029 | 46.40 | 62.08 | 77.48 |
2030 | 54.37 | 71.78 | 89.05 |
Cosmos Price Prediction 2025
Over the next 3 years, the developmental initiatives will help scalability and transaction speeds. Which will intern push the user base of the network. Therefore, by the end of 2025, the price forecast could rise to $40.53.
In contrast, the network losing out on steam, amidst emerging rivals and lack of interest could drag the price down to $20.27. Considering the bullish and bearish targets the average Cosmos crypto price might land at $30.35.
ATOM Price Prediction 2026
According to our analysts, ATOM coin price prediction for the year 2026 could range between $23.63 to $48.07 and the average price of Cosmos could be around $36.40.
Cosmos Crypto Price Prediction 2027
According to our analysts, Cosmos price for the year 2027 could range between $28.42 to $58.63 and the average price of ATOM could be around $47.95.
CosmosPrediction 2028
According to our analysts, ATOM Cosmos price for the year 2028 could range between $34.34 to $65.29 and the average Cosmos coin price could be around $49.58.
ATOMCoin Price Prediction 2029
According to our analysts, Cosmos’s forecast for the year 2029 could range between $46.40 to $77.48 and the average ATOM coin price could be around $62.08.
CosmosPrice Prediction 2030
According to our analysts, ATOM predictions for the year 2030 could range between $54.37 to $89.05 and the average Cosmos price could be around $71.78.
Market Analysis
Firm Name | 2024 | 2025 | 2030 |
Wallet Investor | $0.911 | $1.437 | – |
priceprediction.net | $15.09 | $21.92 | $133.94 |
DigitalCoinPrice | $26.54 | $39.26 | $112.29 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Price Prediction
The Cosmos network could spread its wings to a wider user base, 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 $25.06, by the end of 2024.
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 $12.30 toward the end of the year. Successively, an equilibrium in buying and selling pressures could land the price at $18.43.
Fundamental Analysis
Cosmos is one such project that aims to address the issues related to POW ‘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. 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.
What Is Cosmos?
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 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.
ATOM Historical Market Sentiments 2019 – 2022
- Cosmos (ATOM) was listed on March 14th, 2019 with a price tag of $6.64.The price rose to $7.36 on March 17th but fell to $4.83 the next day and traded between $3 – $5 till the end of 2019.
- The ATOM price started the year 2020 with a trading price of $5 and plunged close to $1 by mid-March but concluded the year with a price tag of $8 by the end of August 2020.
- The ATOM crypto 2021 yearly trade initiated above $5, which spiked remarkably to $23.85 by the end of February and by 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 ATOM price to $32.050 by the 7th of May.The spike was short-lived, as bears took the price down to $9.77 by the 19thof 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 Cosmos coin close the annual trade at $33.906.
CoinPedia has dedicated a team of expert analysts to cover the possiblecrypto price predictionand sum it all up in one place, just for you!
Can ATOM Reach $25 by 2024?
Based on current trends, ATOM is expected to reach $25.06 by the end of 2024. The crypto market outlook remains strong, and Cosmos continues to add significant partners and projects to its ecosystem at a rapid pace. Regulators have also provided clarification that benefits growth. Technical signals also indicate that upside momentum is building, with ATOM poised to break key resistance zones.
As total value and daily active addresses in Cosmos keep rising substantially, significant new demand for ATOM will be driven. All signs point to Cosmos achieving its goal of widespread adoption by 2024, supporting a price reach of $25.06.
Click Here To Read: Cosmos Price Prediction
Conclusion
Based on our analysis of factors that influence ATOM price and the projected growth of the Cosmos ecosystem, we believe ATOM has a solid potential to reach $25 by 2024. For investors considering the coin, the development of technology and the expansion of use cases through partnerships make ATOM worthwhile to research.
However, it’s important to remember that cryptocurrency price predictions are not guaranteed due to the market’s volatility. Regulations and other unforeseen events could also impact outcomes. Investors are advised to understand the risks fully and only invest amounts they can afford to lose. Continued monitoring of ATOM’s fundamentals and community metrics is also suggested.
FAQs
What is built on Cosmos?
The Cosmos Hub is the blockchain protocol underlying an increasingly large number of blockchains developed on the Cosmos platform, allowing interoperability.
What could be the maximum trade value of ATOM by the end of 2024?
The maximum trade value of the ATOM by the end of 2024 could hit $25.06.
Is Cosmos a profitable investment to buy?
Yes, Cosmos Atom is a profitable investment to eye on for the long term. The historical returns justify the profitability of the asset.
How high can the ATOM price reach by 2025?
The price of ATOM could reach a maximum of $40.53, by the end of the next 3 years. With a potential surge, the price may reach a maximum of $89.05 by the end of 2030.
What is the price of one Cosmos token?
At the time of publishing, the price of 1 ATOM was $9.384.
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