Please note that this article doesn’t present investment advice and serves for educational purposes only. To make an informed decision about investing in Cosmos (ATOM) you should do your own research.
Cosmos is one of many projects aiming to tackle such issues of blockchain-based platforms as low capacity of networks, slow transactions, poor scalability, high fees, and environmental harm. Cosmos is not only one of many but also one of the most successful. The platform’s native token ATOM is among the top 50 cryptocurrencies by market cap.
This article reviews the Cosmos platform and provides the Cosmos (ATOM) price prediction for 2024, 2025, 2027, 2030, 2035, and 2040.
What Is Cosmos (ATOM)?
Cosmos (ATOM) is the native token of the Cosmos platform using a modular framework to address the well-known flaws of blockchain-based platforms and make decentralized apps more appealing for a general public. One of the core ideas behind Cosmos is the inter-blockchain protocol providing communication between different blockchains.
Cosmos has three layers:
- The application layer: This layer operates transactions and update the state of the network
- The networking layer: This layer provides communication between transactions and blockchains
- The consensus layer: The consensus layer is needed to validate transactions and the current state of the system
Cosmos provides an infrastructure that allows developers to easily build their decentralized apps using pre-written chunks of code. It facilitates a wider blockchain technology adoption. Enhanced scalability of Cosmos makes it even better for this purpose.
The Cosmos ecosystem was created by the Tendermint co-founders Ethan Buchman, Zarko Milosevic, and Jae Kwon who left his CEO position in 2020. The current CEO is Peng Zhong. The Cosmos white paper saw the light of day in 2016. The first token sale was held in 2017. Cosmos protocol uses the proof-of-stake model to secure the network, validate transactions, and stimulate investments and validation.
Cosmos (ATOM) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040
As of October 2, 2024, the ATOM price is $4.3. The token is listed on most of the biggest exchanges. By market cap it ranks around the 50th position.
In the table below you can see the Cosmos (ATOM) price prediction for 2024, 2025, 2027, 2030, 2035, and 2040. Under the table you can learn the details.
Year | Price Prediction | ROI of your investment (if you buy the coin now) |
2024 | $5.8 | 34.88% |
2025 | $7.9 | 83.72% |
2027 | $15.8 | 267.44% |
2030 | $57 | 1,225.58% |
2035 | $441 | 10,155.81% |
2040 | $3,500 | 81,295.35% |
2024
In 2024 the ATOM price was going back and forth, dropping to $3.6 at the minimum and reaching $14.2 at the maximum. As the current bullish sentiment will continue the price will grow bigger. By the end of the year ATOM will retrace to $5.8. By a more conservative forecast ATOM will reach $5.8 not until the spring of 2025 and by the end of 2024 will be traded at around $5.24.
2025
In 2025 ATOM will keep on gaining price as the Cosmos project will get more mature. The adoption of the IBC protocol scheduled for 2025 will be a price driver even if the general crypto market doesn’t go up. By the end of 2025, ATOM is expected to reach $7.8–$8.
2027
By 2027 Cosmos may reach significant success in creating a full-fledged dApp ecosystem and bring various blockchains together. Even though the market is not going to be too warm in 2026 and 2027, ATOM may gain price thanks to the Cosmos increasing outreach. By the end of 2027 ATOM may hit around $15.8.
2030
Bitcoin halving is an important event for the crypto market. It happens once every four years. Each time BTC mining reward declines by 50%, the BTC price goes up sparking the overall crypto market bull run. Cosmos didn’t gain as much as Bitcoin in the latest rally, however, the ATOM price increased. There is no doubt that after the 2028 BTC halving the ATOM price will grow. Followed by the correction it will retrace a bit. By the end of 2030 the ATOM price will reach around $57.
2035
The 2035 ATOM price can be predicted mostly based on tech analysis as we don’t know much about the state of cryptocurrencies in 2035. If we use the historical price data and use various indicators and analysis tools, we will learn that in 2035 the ATOM price will cross the $440 mark.
2040
In 2040 the ATOM price may reach around $3,500.
Cosmos (ATOM) Price Analysis for the Past Several Years
Now, let’s see what the ATOM price was in the past years. In the table below you can see the main milestones of the ATOM price. In the right column you may see the commentaries about the reasons behind the price change.
Date | Price | Why the price dropped/rose to this level (what influenced the price change) |
Feb 24, 2019 | $2.75 | When the ATOM token hit the market, its price was $2.75 |
Jun 18, 2019 | $7.02 | In the spring, following listing on four big exchanges (Binance, KuCoin, Kraken, and OKX) the ATOM price crossed the $5 threshold. Following the Bitcoin price rally, the ATOM price goes up and reaches $7 in June 2019 |
Sep 26, 2019 | $2.3 | Following the Bitcoin decline, ATOM price decreased too, reaching $2.3 on September 26. For the remainder of 2019 the ATOM price was growing slowly. It didn’t reach $5 and began to decline amidst the COVID-19 panic sale. In January of 2020 ATOM was listed on Coinbase, the biggest US crypto exchange |
Mar 13, 2020 | $1.13 | Following the Black Thursday (March 12) when the stock market crashed due to the panic sale, the crypto market went through the strongest downfall in its history. ATOM reached its all-time low on March 13 at $1.13 |
Dec 28, 2020 | $4.83 | After March 13, the crypto market started to grow, proving its power amidst the crisis. In August, ATOM peaked at $8.4. However, in December the prices dropped. Before the start of the powerful crypto rally of 2021, the ATOM price dropped below $5 at the end of 2020 |
Sep 20, 2021 | $44.7 | Elon Musk’s endorsement of cryptocurrencies, the crypto ETF approval, the adoption of Bitcoin as legal tender, and other news made 2021 the big year for cryptocurrencies. The market saw two strong rallies. The first one culminated in the spring. On May 9 ATOM reached $29.36. The second rally happened in the fall. In September ATOM peaked at $44.7 which is the historical maximum for this asset |
Jan 17, 2022 | $44.45 | The beginning of 2022 wasn’t that optimistic for crypto. However, on January 17, the price nearly reached $44.45 while BTC price was falling down. One of the contributing factors was another listing on a huge exchange, this time it was Bitget |
Jun 19, 2022 | $6.07 | Coinciding with the June downfall of Bitcoin, ATOM price dropped to $6.07 on June 17. The reasons included another prohibitive regulations in China, bad media, many scammers infiltrating the DeFi sphere, etc |
Oct 2, 2024 | $4.3 | Ever since the ATOM price was volatile, reaching from $3.8 to $32. In June 2024, it went below the $5 mark |
Like most other cryptocurrencies ATOM is mostly driven by the BTC price trends. Nevertheless, there were instances when the ATOM token was growing amidst the BTC down.
Q&A
Is ATOM a good investment?
We don’t provide investment advice. Please do your own research on this topic.
What will be the ATOM price in 10 years?
In 10 years from now (in 2034) the ATOM price may reach as much as $288
Should you buy ATOM now?
As July saw a price drop, the current price ($4.3) may be seen as the relatively low price for ATOM. However, before you decide to invest in ATOM do your own research.
Conclusion
Without a doubt Cosmos token is one of the leading projects on the market. However, considering the volatile nature of cryptocurrencies, do your own research before you decide to invest in ATOM.
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