![]() June and July 2021 were similarly bad, with stagnation an issue for the coin’s investors. The rest of the month remained bleak, and cosmos closed May at $13.99, down almost 50% month-on-month. There was then some recovery and it closed the day at $13.94. Then the market fell drastically in the great crypto day crash of 19 May, and ATOM hit a low of $9.87, a fall of more than half in hours. ![]() The coin broke the $30 mark to hit a monthly high of $32.14 on 7 May, but soon went back down, and it was standing at $23.49 on. May 2021 saw some growth, followed by decline and collapse. At this stage, an ATOM coin price prediction would have looked bullish and optimistic. In April 2021, the coin again stayed pretty much in the $20 region, with the monthly high of $28.49 on 15 April. While the month’s close of $19.11 showed a comparatively modest gain month-on-month of just under 8.5%, there was still growth and sustainability. In March 2021, while the monthly high – $24.52 intraday on 18 March 2021 – was lower than February’s, the price stayed around and above the $20 mark, with a monthly low of $16.76 on 25 March. This was more than double January’s close. There was some regression to a closing point of $17.62. The $10 mark was broken again when 5 February saw an intraday high of $12.66, and the growth did not stop there, with the $20 barrier broken on 12 February and a monthly high of $26.42 on 16 February. There was some pullback, but the month’s closing price of $8.14 was still a little over 25% higher than where it had been at the end of December.įebruary 2021 saw cosmos get caught up in the overall bull market that was engulfing crypto during the first few months of the year. The previous year’s high was broken on 16 January when the coin hit an intraday high of $9.51, and the $10 barrier was broken when it hit a monthly high of $10.13 on 19 January 2021. That high was not to be repeated, though, and cosmos closed the year at $6.49. Things got worse for ATOM in 2020, when a combination of factors, not least the start of the Covid-19 pandemic, saw the price fall, reaching a record low of $1.13 on 13 March 2020. There was some recovery over the rest of 2020, and the coin reached a high for the year at $8.52 on 23 August. That was pretty much as good as it got for the next year or two, as it then slid down in price, spending most of the latter half of 2019 between $3 and $5. On 16 March 2019, the coin was trading at around $7.39. When cosmos (ATOM) first came onto the open market in 2019, the price of the crypto was much less than it is now. Tokens can be transferred from one zone to another securely and quickly without the need for exchange liquidity between zones.” ATOM price history: Times of growth ![]() The document states: “The hub and zones of the Cosmos network communicate with each other via an inter-blockchain communication (IBC) protocol, a kind of virtual UDP or TCP for blockchains. The Cosmos whitepaper outlines the developers’ principles and application of “the Internet of blockchains”, focusing on solving “gross energy inefficiency, poor or limited performance, and immature governance mechanisms”. While past performance is no indicator of future results, knowing what the coin has done in the past can be useful when it comes to making a cosmos price prediction, so let’s take a look at the foundations and the history of ATOM coin. This network dubs itself as blockchain 3.0, and aims to get different blockchains linked together to make transactions quicker, cheaper and more practical. The cosmos ( ATOM) coin is the native token of the Cosmos system.
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