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Cosmos

Cosmos Price ATOM

USD
$1.98
$0.059065 +3.08%
1D7D1M3M1Y YTD All

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Cosmos Today's Price

The real-time price of Cosmos today is $1.98(ATOM/USD), with a market capitalization of $975.61M USD. The 24-hour trading volume is $65.67M USD. The price of ATOM to USD updates in real time. Over the past 24 hours, Cosmos has changed by +3.08%, with a circulating supply of 491.66M.

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About Cosmos

Cosmos is a blockchain project designed to enable various blockchains to communicate and share data through inter blockchain communication protocols. The ultimate goal of Cosmos is to establish a “blockchain Internet”. Users can seamlessly switch between blockchains, benefit from the advantages of each blockchain and avoid weaknesses. Unlike bitcoin networks, computer “miners” compete to process transactions and receive rewards in a system called proof of work. Cosmos is a blockchain of proof of equity, and people allocate blocks for mining according to the number of tokens they hold. Atom is the local token of Cosmos blockchain.

What is Atom?

Atom (Atom) (not to be confused with the abandoned project Atomic Coin (Atom)) is the main cryptocurrency existing on the Cosmos platform, which aims to promote communication, expansion and interoperability between independent chains. Known as “blockchain Internet”, Cosmos tries to concentrate various blockchains on one platform and solve several key problems perplexing this technology from the beginning.

  • Scalability
  • Interoperability
  • Usability
  • Sovereignty

The project launched on Cosmos network should allow their tokens to be exchanged without too much trouble. The network is organized as a modular solution built for the use of various types of application specific blockchains. These chains should be easier to develop, combining the ability to transfer value from one to another without affecting their mutual sovereignty.In addition, Cosmos has marketed itself as a toolkit with modular and adaptable tools for developers who feel ready to start decentralizing the Internet and related financial infrastructure.

How Does Cosmos Work?

There are thousands of cryptocurrencies, but most of them cannot communicate with each other – for example, users cannot send Tron over the Dogecoin network. Cosmos is one of the most famous platforms, trying to solve this problem by allowing blockchains to connect with each other.

In Cosmos, each individual blockchain is called a “zone”. Each blockchain is linked to the inter blockchain communication (IBC) protocol, which connects all blockchains together.With the deployment of tendermint’s Byzantine fault-tolerant consensus protocol and IBC protocol, the blockchain based on Cosmos maintains its independence while interacting with other blockchains. Tendermint is a software company and a core contributor to the Cosmos network.

Cosmos also provides developers with pre built modules to enable them to quickly deploy new blockchains and customize them for specific use cases.In order to ensure its network security, Cosmos uses the equity certificate method, which is a more environmentally friendly blockchain security method to ensure that no one spends money that does not belong to them. However, critics believe that this algorithm is not as secure or decentralized as bitcoin’s work proof method.

How Does Cosmos Plan to Address Scalability Issues?

Cosmos developers describe existing proof of work protocols as slow, expensive, environmentally harmful and lacking scalability potential. Taking bitcoin as an example, the increase in the number of transactions can be said to have led to a significant decline in the performance speed of the whole platform. For Ethereum, the decentralized application built on it is described as limited by the maximum transaction volume that can be processed per second and dapps that have to compete for resources on the blockchain.

 

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Cosmos FAQ

Why is Cosmos going up?

Cosmos's price is increasing due to demand outstripping supply, fueled by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
 

Is Cosmos a good investment based on its price history?

Cosmos(ATOM) has historically grown over time but is volatile. Investment depends on risk tolerance and long-term strategy.

When will Cosmos crash again?

Predicting the exact timing of a Cosmos crash is impossible, as the market is influenced by a complex mix of global economics, regulation, and investor sentiment.

 

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Cosmos’s all-time low (ATL)?

The Cosmos All-Time Low (ATL) price was 1.13096252523, recorded on 2020-03-13 02:25. This stands as the lowest price for Cosmos(ATOM) on record.
 

What was Cosmos’s all-time high (ATH)?

The Cosmos All-Time High (ATH) was $44.70, recorded on 2021-09-20 00:00. This represents the highest price Cosmos has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live ATOM price for the most up-to-date information.

How many Cosmos are there?

Cosmos(ATOM) currently has a circulating supply of 491.66M, with its maximum supply capped at ∞.
 

What is the current market cap of Cosmos(ATOM)?

The current market cap of Cosmos(ATOM) is $975.61M. The market cap of a cryptocurrency refers to its total circulating supply multiplied by its current price.

What is Cosmos's 24h trading volume?

Cosmos's 24h trading volume is $65.67M, representing the total value of all Cosmos(ATOM) bought and sold across exchanges in the past 24 hours.

What is the current price of Cosmos(ATOM)?

The current Cosmos price is $1.98. As the ATOM price changes constantly, BTCC offers real-time ATOM to USD prices that can be accessed at the top of our crypto price page.

How to Buy Cosmos: A Quick Guide?

Cosmos can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including ATOMUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.