BTCC
/
BTCC Square
/
CoindeskEN
/
ATOM Whiplash: Cosmos Token Sees Wild Swings as Traders Gamble on Volatility
ATOM Whiplash: Cosmos Token Sees Wild Swings as Traders Gamble on Volatility
22
2
Cosmos’ ATOM token is giving traders whiplash this week—pumping double-digits before dumping harder than a bagholder’s portfolio in a bear market. The ’Internet of Blockchains’ darling can’t seem to decide if it’s a high-beta altcoin or a stablecoin.
Volatility as a feature, not a bug
ATOM’s 30-day volatility just hit levels last seen during the Luna collapse, proving once again that crypto markets would rather gamble than build. Meanwhile, institutional traders are quietly stacking staking rewards—because why trade when you can get paid for HODLing?
Another day, another chance for retail to lose money trying to outsmart the algo traders. At least the transaction fees are low—small mercies in this casino masquerading as an asset class.
By:
Previous
Bitcoin Stumbles as Trade Policy Whiplash Spooks Crypto Markets
Next
TRX Teeters on Edge as High-Volume Plunge to $0.27 Sparks Bearish Fears
