Cosmos Price Prediction: How High Can ATOM Crypto Go?

May 14, 2024

Price Prediction

Sean Korbett

Cosmos (ATOM) is a blockchain ecosystem, often referred to as the ‘Internet of Blockchains.’ Hundreds of distinct blockchains make up this unique ecosystem, and they may all connect to one another and exchange tokens with ease. The open-source Cosmos technology, which is made available via a software development kit, serves as the foundation for all blockchains. This method reduces complexity while giving developers the freedom to include any features they want. What awaits the Cosmos blockchain and its native token ATOM in the future? Discover the newest Cosmos price prediction in StealthEX’s latest article.

Cosmos (ATOM) Overview

Cosmos claims to be the most robust, scalable, configurable, and interoperable network of interconnected blockchains. The Tendermint Byzantine Fault Tolerant algorithm, which facilitates consensus-building even in potentially hostile node environments, powers this decentralized network of separate blockchains.

There are three primary parts to the Cosmos Network:

1. The Tendermint Core: The Tendermint Core is a software implementation containing the Tendermint BFT algorithm for consensus and the interblockchain communication (IBC) protocol, which is the networking layer to facilitate communication between the hub and all the zones.
2. Application Blockchain Interface (ABCI): The ABCI acts as the link between the Tendermint Core and the application layer of the various Cosmos chains. Developers can build blockchain application layers with various rules (like EVM) and programming languages (like Wasm or Solidity) and make it compatible with Tendermint Core via ABCI.
3. Cosmos SDK: It is an open-source framework for building application-specific Proof-of-Stake blockchains. The Cosmos SDK includes modules and packages developers can use to easily build chains compatible with Tendermint Core. By replacing redundant work, the SDK ensures developers spend less time on redundant work.

Cosmos was co-founded by Jae Kwon and Ethan Buchman in 2014. The initial coin offering (ICO) for the Cosmos was held in April 2017, ending up with more than USD 17 million collected as part of the fundraising effort. After the launch of the Cosmos mainnet on March 13, 2019 ATOM found itself being added to various cryptocurrency exchanges.

Cosmos Features

Cosmos crypto offers a number of features within the crypto space. These are:

1. Spam-prevention mechanism. ATOM are used to pay fees to prevent transaction spam. Fees can be proportional to the amount of computation required by the transaction.
2. Staking. ATOM’s core use case is as a staking mechanism, helping to secure the Cosmos Hub as deposits in the staking process. The more ATOM you stake, the more you can earn in block rewards.
3. Governance. Once a holder of ATOM, a user can vote on any changes proposed by the Cosmos Hub. This means that any proposals from the Cosmos Hub are governed by those who have a vested interest.

Cosmos (ATOM) Price Chart    

CoinMarketCap, 14 May 2024

Cosmos Price History Highlights 

• 2019-2020: The price of ATOM, the native cryptocurrency of the Cosmos network, has experienced significant volatility since its launch in 2019. In 2019 and 2020, ATOM’s price hovered between $2 and $8.
• 2021: Initially priced at around $6 per token, ATOM reached a significant value of around $30 in May 2021. In September, ATOM surprised everyone by reaching above $41.
• 2022-2023: The pattern repeated again and after a 50% decrease, in January 2022 ATOM reached its all-time high price of $44.70. Since the 2022 bear market, ATOM has experienced some volatility, trading in the range between $8 and $16.
• 2024: ATOM started the year with $13. At the moment, the price of Cosmos is about $8-9.

Cosmos Price Prediction

ATOM Price Prediction 2024

DigitalCoinPrice experts expect that in 2024 ATOM’s price can rise to $18.9 (+119%), while at its lowest point it can drop to $7.64 (-11%).

PricePrediction analysts believe that in 2024 Cosmos will cost $10.48 (+21%) at its low, while at its peak its price is projected to be $12.17 (+41%).

Telegaon thinks that the minimum price Cosmos can hit in 2024 is $15.83 (+83%) vs its maximum price of $24.29 (+181%).

Cosmos Price Prediction 2025

DigitalCoinPrice crypto analysts think that in 2025 ATOM might reach $22.3 (+158%) per coin at its highest point. Its lowest price might go as low as $18.51 (+114%).

Based on PricePrediction forecasts, in 2025, Cosmos’s lowest price is projected to be $15.14 (+75%), while at its highest point it can reach $18.01 (+108%).

According to Telegaon, in 2025 ATOM crypto will reach a maximum price of $41.13 (+376%), while at its lowest point it can drop to a minimum of $24.71 (+186%).

Cosmos Price Prediction 2030

DigitalCoinPrice analysts believe that by 2030, Cosmos will rise to reach a maximum level of $58.26 (+575%), while its minimum price will drop to $64.3 (+645%).

According to PricePrediction, by 2030 Cosmos will drop as low as $102.3 (+1,085%), and it can also peak at $124.29 (+1,340%).

Experts at Telegaon think that by 2030, ATOM crypto is going to reach $183.13 (+2,022%) at its peak and might trade at a minimum of $142.98 (+1,556%).

ATOM Price Prediction 2040

According to PricePrediction forecasts, in 2040 Cosmos is going to reach great value: its minimum price is expected to be $5,860 (+67,802%), while its maximum price is going to reach staggering price levels: $7,135 (+82,576%).

Telegaon promises that in 2040 ATOM crypto it’s going to rise to a maximum level of $426.45 (+4,841%), while its minimum price will drop to $345.12 (+3,899%).

Cosmos Price Prediction: Experts’ Opinions

Technological advancements, favorable market conditions, and the expansion of the Cosmos ecosystem could all contribute to Atom’s value increase. Cosmos has solid foundations with a seasoned management group, an understandable roadmap, and a resolution to a significant cryptocurrency issue. According to experts, the rise of ecosystems, market trends, and technological progress might cause ATOM to reach or possibly surpass $1,000 by 2025.

Other price predictions are less optimistic, but still impressive. With new Interchain developments within the ecosystem, analysts at CoinMarketCap believe that by 2030, Cosmos could peak at a whopping $720. 

Cosmos USDT Price Technical Analysis     

Tradingview, May 14, 2024

Now that we’ve seen a number of possible price predictions for Cosmos, let’s find out a bit more about the factors that can influence its price.

Factors Affecting Cosmos Price

Increasing regulation is one major danger to Cosmos and most other cryptocurrencies. In one way or another, regulation is unavoidable. If implemented properly, however, it has the potential to foster the long-term stability of the cryptocurrency market and restore much-needed investor confidence. It is feared that overbearing regulation may stifle the growth of this still-emerging sector. Any shape that new regulation takes could have a big short-term effect on cryptocurrency values.

The fact that certain tokens created on the Cosmos network, such as BNB and CRO, generate fees on their own is another thing to keep an eye on. Cosmos fees are not required to be paid in ATOM, in contrast to Ethereum, where transaction fees are paid in ETH. Although the Cosmos team has taken steps to improve ATOM’s own utility and capacity to collect fees, you should still take this into consideration when conducting your research.

Ultimately, it is possible that another, newer blockchain could be able to address the interoperability issue more effectively than Cosmos. Because blockchain technology is evolving so quickly, new technologies may soon supersede older ones.

When assessing Cosmos as an investment, keep the following considerations in mind:

• Adoption;
• Market sentiment;
• Regulation;
• Competition;
• Partnerships;
• Utility.

Risks and Opportunities

Cosmos is up against fierce competition on several fronts. With a strong brand awareness, Polkadot is a direct rival of Ethereum, which leads the ecosystem in DeFi, NFTs, DAOs, and other areas. New bridging projects that connect disparate L1s, as well as, Avalanche subnets are also different approaches to interoperability, which could steal market share.

However, things are going well for Cosmos. Significantly popular blockchains and dApps like dyDx and Binance Chain have connected with the Cosmos network. As of Q1 2023, the network has about 250 apps and assets under management valued at about $63 billion. Such wide adoption can lead to further increase in price for ATOM.

Is Cosmos (ATOM) a Good Investment?

Cosmos (ATOM) has a wide range of use cases and applications across various industries. One of the prominent use cases is in the finance sector, where Cosmos (ATOM) enables cross-chain transactions and interoperability between different financial networks. This opens up opportunities for seamless asset transfers, decentralized exchanges, and global liquidity pools. All of this makes ATOM a solid perspective investment, however, additional research based on your risk level is advised.

Does Cosmos Crypto Have a Future?

It should. The network is vast and includes a number of solid technological advancements, and experienced development team, and a solid road map.

How High Can Cosmos Crypto Go?

According to PricePrediction, Cosmos Crypto can soar to $7,135 by 2040.

Can Cosmos (ATOM) Reach $500?

It is possible. However, since the crypto market is highly volatile, it’s impossible to say when Cosmos will reach $500. It might take a few months, or it might take ten years.

Can Cosmos Coin Hit $1000?

It is a very real scenario. However, this can happen in the long-term perspective.

What Will Cosmos Be Worth in 2025?

DigitalCoinPrice experts believe that by 2025 ATOM will cost around $22.3 at its peak.

How Much Will Cosmos Be Worth in 2030?

Telegaon experts believe that by 2030 Cosmos will reach $183.13 at its highest point.

What Will Cosmos Be Worth in 2040?

According to PricePrediction, by 2040 Cosmos will cost a staggering $7,135.

Conclusion

2019 saw the launch of the Cosmos Network, which had been in development for years. It has since brought about a number of amazing advancements to the blockchain industry and is still doing so. Amazing possibilities for data interchange and connectivity amongst different blockchains across the globe are offered by the Cosmos ecosystem. Its native ATOM coin is well-liked by the whole cryptocurrency community and has a vast array of usage cases. Cosmos appears to be in a strong position to endure over time and has a lot of long-term potential for development.

Where to Buy $ATOM Crypto?

StealthEX is here to help you buy ATOM crypto if you’re looking for a way to invest in this cryptocurrency. You can buy Cosmos privately and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy Cosmos Crypto: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to ATOM. 
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.