Adding ATOM token to the crypto portfolio is not recommended currently, as the Cosmos project may not meet investors' expectations. A noticeable increase in the ATOM token price in the nearest 2 years is hardly expected, due to the platform's slow developement. The main trading volume is pruduced on Bibox (13% of trading volume, paired with ETH), Hotbit and Binance (11% each, paired with BTC). Poloniex, Kraken, Bittrex, Bitfinex, OKEx and Gate.io are among the exchanges that added it to the listing. Cosmos solves some of the hardest blockchain problems of scalability, usability and interoperability. They were hard to build and could only handle a small number of transactions per second. As a beginner, altcoin is very well represented on the trading floors.īefore the Cosmos Network, blockchains were siloed and unable to communicate with each other. ATOM was used during the ICO and presents the Cosmos platform on the cryptocurrency market. This amount was received for the sale of 168 million internal platform tokens, called ATOM. In 2017, during the ICO, the project managed to raise almost $ 17 million in 28 minutes. The project aroused interest in the cryptocommunity, especially among developers who, in fact, were offered a simple tool to create new blockchains and synchronize with third-party networks. The Cosmos Network is a decentralized network of independent, scalable, and interoperable blockchains, creating the foundation for a new token economy. Nearly all the major cryptocyrrency exchanges added ATOM token to the listing, without an application from Cosmos platform developers. The system has its own blockchain, it is called Cosmos Hub. ATOM tokens are used exclusively for participation in the development and enhancement of system security. Cosmos is a global ecosystem that combines different blockchains. Altcoin appeared on the cryptocurrency market in 2019, but the platform's elaboration was started back in 2017. Cosmos cryptocurrency (ATOM) has appeared on the market relatively recently, but this did not stop the token from attracting a lot of attention.
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