#cosmos #atom #cryptocurrencytrading
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WATCH 🎥: • Traders Union (TU) - Presentation
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Video key moments:
00:00 - Start
00:30 - What is Cosmos (ATOM)?
00:51 - High volatility of the ATOM coin
01:04 - Record price of the ATOM cryptocurrency
01:47 - Cosmos price forecast
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🔎 Cosmos (ATOM) is a centralized scalable network that has a mission to create the “Internet of blockchains”.
The “internet of blockchains” means an ecosystem of decentralized blockchains that are not connected with each other, but capable of interacting with each other. The so-called cross-chain solution is used to connect different blockchains with each other.
👌 ATOM is one of few cryptocurrencies in the Top 30, whose chart does not repeat the general market movement chart on many intervals. The coin has repeatedly hit new all-time highs against the background of high volatility.
✅ Before the start of 2021, the coin quotes did not show a wide movement range. As of January 1, 2021, ATOM price stood at USD 5.99. The first all-time high with a prolonged movement inside the range of “17.21-25.53” was registered in May – USD 28.78. Then, the price continued to hit new records – in September 2021 and January 2022, the price surpassed USD 40. It can be said with great certainty that the price will not fall lower than the value of January 2021 and may again see new all-time highs soon.
❓ The question is whether there is sense in buying ATOM at the bottom of the local correction?
👨💼 Anton Kharitonov, analyst at Traders Union, believes that
ATOM
◼ will be traded at $14.553 - $17.787 by the end of 2023, $30.492 by the end of 2025,
◼ and the coin could be worth $155.786 by 2030.
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