Story Highlights
The live price of the Cosmos token is . Cosmos price could reach a potential high of $25.06 by the end of 2024. ATOM price can reach a potential high of $89.05 by the year 2030.
Qivid evolution across the blockchain arena has quickly gained mainstream attention with a plethora of benefits. In contrast, their attention is simultaneously focused on various bottlenecks and errors that prevent it from adopting on a large scale. Kosmos emerged to solve the toughest problems that exist in the blockchain industry.
Cosmos (ATOM) price in the recent past has grown and surprised many, including many big hands. Record-breaking volumes were registered that had been lacking since the beginning, pushing the price to new highs.
Want to keep ATOM or already have a few? Wondering about the prospects of the digital asset? Look no further as this write-up will get your queries sorted. We have decoded the possible ATOM price forecast for 2024 – 2030 and the years to come!
Overview
Factors Affecting ATOM Price
The future price of ATOM will depend on several important considerations. The Kosmos 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, it usually helps to increase the price of coins like ATOM. If Bitcoin rises strongly, it can drive up the value of smaller altcoins. However, ATOM may experience 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 apps that solve real-world problems can increase developer and investor demand for ATOM. Partnerships with established organizations also help introduce more people to the ecosystem.
Regulation and security issues
Regulation remains a risk for cryptocurrencies. While Cosmos is a decentralized technology, the SEC can still investigate certain activities. Clarification by regulators about ATOM’s status could give long-term investors confidence.
Technical Analysis
Analyzing ATOM’s price history can help us identify potential support and resistance levels. If the 50-day moving average line is crossed, it gives a signal about the short-term trend. The relative strength index is also useful – deviations from price action can foreshadow reversals.
Cosmos Price Forecast July 2024
With the increased price volatility in the crypto space, Atom crypto recorded a jump of less than 1% within the last day with a trading volume of $100.90 million, a change of -33.99%. Furthermore, with the rising bullish sentiment in the crypto market, the Cosmos token recorded a 24-hour High/Low of $6.07 and $5.83.
The technical indicator, MACD, is showing a constant decline in the red histogram, indicating an increase in the buying pressure for the ATOM price in the crypto space. Furthermore, the averages are about to record a bullish convergence, suggesting a positive outlook for the altcoin this week.
If the market pushes the Cosmos price above the important resistance level at $6,240, this altcoin will regain momentum and continue to rise, testing its upper resistance level of $9,400 in the coming time. Conversely, if a bearish trend reversal occurs, the bulls will lose momentum and the ATOM crypto price will drop to test its $5.00 low.
ATOM Price Prediction 2024
If the crew behind Cosmos strengthens the network with decisions and developments, and the community with social events. The price of the altcoin could rise to its potential high of $25.06 by the end of the year.
Conversely, the price of ATOM could fall to a low of $12.30 if it defaults on its obligations. Capped by a steady constructive momentum, the price could stand at $18.93.
Cosmos Price Forecast 2024 – 2030
Cosmos Price Forecast 2025
Over the next 3 years, the development initiatives will help scalability and transaction speed. Which will internally push the user base of the network. Therefore, the price forecast could rise to $40.53 by the end of 2025.
In contrast, the network, which is losing steam amid emerging competitors and a lack of interest, could push the price down to $20.27. Considering the bullish and bearish targets, the average Cosmos crypto price could end up at $30.35.
ATOM Price Prediction 2026
According to our analysts, ATOM coin price forecast for the year 2026 can range between $23.63 to $48.07 and the average price of Cosmos can be around $36.40.
Cosmos Crypto Price Prediction 2027
According to our analysts, the Cosmos price for the year 2027 could range between $28.42 and $58.63 and the average price of ATOM could be around $47.95.
Cosmos Forecast 2028
According to our analysts, ATOM Cosmos price for the year 2028 can range between $34.34 to $65.29 and the average Cosmos coin price can be around $49.58.
ATOM Coin Price Prediction 2029
According to our analysts, Cosmos forecast for the year 2029 can range between $46.40 and $77.48 and the average ATOM coin price can be around $62.08.
Cosmos Price Forecast 2030
According to our analysts, ATOM forecasts for the year 2030 could range between $54.37 to $89.05 and the average Cosmos price could be around $71.78.
Market analysis
*We 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 can spread its wings to a wider user base, provided the updates materialize as expected. With the introduction of V11-Gamma, NFT modules and smart contracts, among others. The price of ATOM may rise to $25.06 by the end of 2024.
On the other hand, if we see modulations in regulatory norms, this cryptocurrency could see a rise in liquidations. This results in a price tag of $12.30 by the end of the year. Consecutively, an equilibrium in buying and selling pressure could send the price to $18.43.
Fundamental analysis
Cosmos is one such project that aims to address the issues related to POW ‘Proof-of-Work’. Applied by many large 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 in 2014 by the founding of Tendermint by Jae Kwon, Zarko Milosevic and Ethan Buchman. Furthermore, in 2016, the white paper was released and the native token of the project ‘ATOM’ was also launched by holding a sale.
Kosmos is one of the veteran projects that has been around for a long time. Therefore, the asset is available for trading 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 billed as an “Internet of Blockchains” that intends to build a grid of crypto-networks bridged by open-source tools to streamline trade between them. The central focus of the platform is to achieve adaptability and interoperability.
Furthermore, the ecosystem has its native currency called ATOM. However, the Cosmos network, a Proof-of-Stake blockchain, is powered by its native token ATOM. The main motive is to nurture a platform of networks that can algorithmically share tokens and data. With no central party intervening in the activity.
ATOM historical market sentiments 2019 – 2022
Cosmos (ATOM) was listed on March 14, 2019 with a price tag of $6.64. The price rose to $7.36 on March 17, but fell to $4.83 the next day and traded between $3 – $5 until the end of 2019. The ATOM price started the year 2020 with a trading price of $5 and dropped close to $1 by mid-March, but ended the year with a price tag of $8 by the end of August 2020. The ATOM crypto 2021 annual trading started above $5, rising remarkably to $23.85 by the end of February and by the first week of April, the price pushed to reach ATH. at $28.49 on April 15th. After moving sideways until April 26, a rally pushed the ATOM price to $32,050 by May 7. The rally was short-lived, as bears pushed the price down to $9.77 by May 19. After consolidations until July 21, a steady uptrend took the price to $44.32 by September 20. Q4 started with a downtrend, although the price rose to $43.32 in the short term. After a pullback, a leg on Cosmos helped close the annual trade at $33,906.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and summarize it all 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 also provided clarification favoring growth. Technical signals also indicate that upward momentum is building, with ATOM poised to break key resistance zones.
As total value and daily active addresses in Cosmos continue to rise significantly, significant new demand for ATOM will be driven. All signs point to Cosmos reaching its goal of widespread adoption by 2024, which supports a price range of $25.06.
Closure
Based on our analysis of factors affecting ATOM price and the projected growth of the Kosmos ecosystem, we believe that 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 worth researching.
However, it is important to remember that cryptocurrency price predictions are not guaranteed due to market volatility. Regulations and other unforeseen events can also affect outcomes. Investors are advised to fully understand the risks and invest only amounts they can afford to lose. Continued monitoring of ATOM’s founding principles and community metrics is also suggested.
Frequently Asked Questions
The Cosmos Hub is the blockchain protocol underlying an increasingly large number of blockchains developed on the Cosmos platform, enabling interoperability.
The maximum trading value of the ATOM by the end of 2024 may reach $25.06.
Yes, Cosmos Atom is a profitable investment to watch in the long run. The historical returns justify the profitability of the asset.
The price of ATOM may reach a maximum of $40.53 by the end of the next 3 years. With a potential rally, the price could reach a high of $89.05 by the end of 2030.
At the time of publication, the price of 1 ATOM was $5,985.
ATOM BINANCE
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