Cosmos (ATOM), which is trying to create the “Internet of Blockchains”, is trading at $9.38 and is up 3.88% in the last 7 days.
Cosmos (ATOM) is a cryptocurrency that allows different blockchain ecosystems to interact. The purpose of this group is “to build the Internet of Blockchains, a network of decentralized blockchains that can communicate with each other”.
Cosmos uses a proof-of-concept system, which shows that ATOM holders can contribute their tokens to help keep the network running and earn more ATOMs as a reward.
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Cosmos (ATOM) Price Prediction
With a market capitalization of $2.6 billion, ATOM is currently trading at $9.38. Its price has increased by 3.88% in the last 7 days. However, it has been in decline for some time. ATOM stock is down 10.27% in the past month, 32.99% in the past two months, 24.64% in the past three months and 74.05% year-to-date (YTD).
According to Cocodex technical analysis, investor sentiment around Cosmos is negative. They predict that the price of ATOM will be between $13.27 and $22.99 by 2023, between $16.99 and $51.01 by 2024, and between $21.74 and $113.15 by 2025.
How much will you earn if Cosmos (ATOM) reaches $50? Let’s say you invest less than $100 in Cosmos today. At the current rate, which is $9.38, this will get you about 10.66 ATOM coins. If you hold them for a long time, until their price reaches $50, you can earn $533 on your $100 investment.
Let’s say you invest $1,000 in ATOM today. At the current market price, you will have approximately 106.6 ATOM coins. If you base it on a price of $50, your $1,000 investment will be worth about $5,330, giving you a return on investment (ROI) of 5X or 453.30%. If ATOM hits the $50 mark by 2025 (ie within the next 3 years), your annual ROI will be 76.87%.