According to the Cosmos price predictions, a breakdown below $10.25 could lead to further losses in the short term. While Wallet Investor predicts a gradual decline in the price of Cosmos over the next five years, DigitalCoinPrice and GOV Capital are optimistic, with estimates of a maximum price of $206.38 and $36.016 for ATOM after one year, respectively. The Cosmos cryptocurrency has been steadily increasing in value due to the expanding DeFi capabilities of the Cosmos network, including the launch of Cosmos Inter-Blockchain Communication (IBC). With a current total supply of 222,078,856 and 279,863,459 coins in circulation, Cosmos is a promising investment for those interested in the blockchain industry.
The value of ATOM tokens is increasing due to users earning them through staking, which sets Cosmos apart from other cryptocurrencies that rely on mining. Cosmos is a decentralized ecosystem of interconnected blockchains called Zones, with the Cosmos Hub serving as the core blockchain that connects them. The ecosystem has five key elements: Cosmos Hub, Zones, Tendermint, Inter-Blockchain Communication Protocol (IBC), and Cosmos software development kit (SDK). ATOM holders can use the token for trading, spending within the ecosystem, sending payments, or staking to earn more ATOM coins. The Cosmos network is constantly evolving, with upcoming developments including Interchain Security (ICS) and Cosmos 2.0. Cosmos tokens can be purchased on various cryptocurrency exchanges and stored in compatible wallets.