The worldwide Crypto market has a market capitalization of more than two trillion dollars. Currently, the market is experiencing a crash and has gone down by more than 8% in the last 24 hours. The beginning of 2021 saw many Cryptos hit record highs and make massive gains. Currently, though, these networks are facing turbulent times with uncertainty in price changes. Despite the fall experienced in the broader digital market, some cryptocurrencies like Cosmos(ATOM) are exploding.
Cosmos (ATOM) Explosion
In the last 24 hours, Cosmos experienced a 10.74 percent increase. Just yesterday, ATOM hit a high price of $40.76.
This milestone is a 20-dollar increase from this last month and a 10-dollar increase from seven days ago.
As of writing this article, ATOM is ranked the 21st biggest in terms of Market capitalization. With less than a billion dollars, it would join the top 20.
Cosmos is an innovative cryptocurrency network that allows users to exchange assets and data freely across decentralized blockchains.
This Crypto uses the Proof-of-Stake consensus method and powers an ecosystem of blockchains designed to operate together through decentralization.
Cosmos has a market capitalization of more than 8 billion dollars and a daily trading volume of more than 3 billion dollars.
In summary, the future looks bright for ATOM. Additionally, experts predict that the price of ATOM in the next four years will reach +124%.
Click here to read more news about Cryptocurrency.