Cosmos Price

(ATOM)
USD($)

Cosmos(ATOM) Info

17
BBB
Expand
Website
cosmos.network
Documentation
v1.cosmos.networkv1.cosmos.networkibcprotocol.orgv1.cosmos.network
Explorer
mintscan.io
Contract
Ethereum 0x8D983c...7BBBSC 0x0eb3a7...335Others IBC...IBC
Audited By
Jepsen
Code & Community
Investors
Cardinal Capital yield ventures IOSG Keneth Paradigm 1confirmation
‎$ 13.47
‎$ 15.21
‎$ 44.69
+0.10%
+9.76%
+12.02%
$ 4.23B 
$ 12.16M 
291,427,842
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About ATOM

What is Cosmos (ATOM)?

Cosmos, also known as the Internet of Blockchains, is a growing ecosystem that aims to develop connectivity between multiple blockchain networks, as well as their decentralized apps and services. Using the Cosmos Hub, developers can enable interconnectivity between different blockchains to make their ecosystem far more scalable and wide-reaching.

The Cosmos Hub is the underlying blockchain technology that powers Cosmos and the Inter-Blockchain Communication (IBC) protocol. The IBC protocol is the technology that allows various blockchain ecosystems to communicate with each other, supporting the transfer of data and digital assets across previously siloed and disconnected, independent blockchains.

ATOM is the native digital asset within the Cosmos ecosystem. It is used as the governance and utility token within this network.

Validators participating in the consensus activities within the Cosmos network get to earn rewards in ATOM tokens. ATOM holders are also empowered to participate in voting on decisions related to upgrades and the future development of the Cosmos ecosystem.

As of May 2022, the Cosmos Hub supports nearly 50 digital assets across 28 IBC-enabled blockchains. The total market cap of the Cosmos ecosystem exceeds $105 billion, of which the IBC market cap accounts for over $43 billion.

You can learn more about Cosmos(ATOM) at our KuCoin Blog.

History of Cosmos

The origin of the Cosmos project dates back to 2014 when Jae Kwon founded Tendermint after applying Byzantine Fault Tolerance (BFT) to a proof of stake blockchain in his research. The Cosmos whitepaper was published in 2016 by co-founders Jae Kwon, and Ethan Buchman.

Following the release of the whitepaper which proposed the idea of creating a network of interconnected distributed ledgers, the Interchain Foundation (ICF) was established to develop the Cosmos Network. The ICF went on to raise $16.8 million within 30 minutes to fund its initiative, making it one of the most successful fundraising programs in the industry.

In 2018, Tendermint introduced the concept of Inter-Blockchain Communication (IBC) protocol and starts work on it. The mainnet launch of the Cosmos Hub takes place in March 2019, along with the addition of new projects on the Cosmos SDK.

The Stargate on-chain upgrade was implemented in February 2021, transitioning the project to the fourth iteration of the Cosmos Hub. IBC Transfers went live a month later, allowing IBC asset transfers across the Cosmos ecosystem.

What Can Cosmos and ATOM be Used for?

The Cosmos SDK offers an extremely capable and versatile platform for developers to build their own blockchains as well as decentralized applications (dApps). Leading dApps on the Cosmos ecosystem span DeFi, gaming, cross-chain bridges, and more.

The native token of Cosmos, ATOM, also has several uses for investors, such as:

Trading and Holding

As one of the top cryptocurrencies by market cap, ATOM is an attractive cryptocurrency to add to your portfolio. It enjoys high liquidity and investor confidence owing to the strong potential for growth of the Cosmos ecosystem.

You can buy ATOM, trade ATOM against other digital assets or even hold it as a long term investment.

Staking

You can stake your ATOM holders to earn passive income from it. ATOM staked on Cosmos gives you a chance at becoming a validator and contributing to increasing the resilience of the blockchain ecosystem.

Governance and Voting

As an ATOM holder, your staking efforts can also give you voting rights to have a say on future development of the Cosmos ecosystem. in this manner, ATOM functions as a governance token for Cosmos.

How to Buy Cosmos (ATOM)

Cosmos (ATOM) is listed for buying on various leading cryptocurrency exchanges and digital wallets. One of the easiest ways to buy ATOM is via KuCoin. Here’s how you can do this:

1. Create a KuCoin Account

Sign up for an account with KuCoin if you are not yet a registered user. Once you log in, make sure you follow the steps to complete your KYC verification. Doing this can give you access to all our services and features.

2. Get Crypto Funds Into Your Trading Account

Convert your trading capital from fiat into crypto by heading over to KuCoin’s Fast Trade section. You can pick from more than 70 different payment methods, including Visa, Mastercard, and PayPal, to buy USDT to start trading on KuCoin.

You can also use KuCoin’s P2P service or interact with third-party sellers on our platform to convert your fiat currencies into cryptocurrencies for trading on KuCoin.

3. Buy ATOM on KuCoin With Your Existing Crypto

You can also use your existing cryptocurrency holdings to trade ATOM on KuCoin. All you need to do is transfer your cryptos from your external wallet into your KuCoin account to get started.

4. Trade ATOM/USDT on KuCoin Spot Trading

Once you have your funds ready, it’s time to look for the ATOM/USDT crypto pair on KuCoin’s Spot Trading page. Do make sure to check the latest ATOM price, market cap, 24-hour trading volume and perform fundamental, technical, and sentiment analysis before entering a new trade on Cosmos (ATOM).

Enter the amount of USDT you wish to exchange for ATOM and verify the trading fees and number of ATOM tokens you will receive in the trade. Once this is done, click on Buy to execute your trade.

5. Receive and Store ATOM Safely

It will take a few minutes after your order executes successfully for your KuCoin account to receive the ATOM crypto you have purchased. You then have the option to continue holding them in your trading account or transferring them into your external wallet for added security.

FAQ

Is Cosmos (ATOM) a Good Investment?

Cosmos promises to make blockchain technology far more scalable, interconnected and secure, which could potentially power increased confidence in driving mainstream adoption. An uptick in the adoption of the Cosmos Hub and Cosmos SDK to develop more decentralized applications could make ATOM a valuable cryptocurrency to invest in, sending the Cosmos price and market cap on an uptrend.

As more blockchain ecosystems connect to the IBC protocol, the overall Cosmos network can become even more robust. Enabling interconnectivity between different blockchains and allowing for seamless transfer of digital assets across ecosystems can power up the use of Cosmos and support the ATOM price in the future.

Apart from the future potential of Cosmos, ATOM is also an attractive crypto to include in your portfolio as it offers a way to generate passive income. You have the option to stake ATOM tokens to earn attractive interest and grow your portfolio, making it an interesting crypto to buy and hold in the long term.

How to Earn Cosmos’ ATOM

There are several ways to increase your ATOM holdings, including:

Buying and Trading Cosmos (ATOM)

Follow the price action of ATOM and perform careful market analysis to find the right time to enter the market and trade Cosmos. If traded carefully, you can potentially profit from investing in ATOM.

Keep in mind, however, that Cosmos and other cryptocurrencies are subject to high volatility and unpredictability. We recommend that you gain some expertise on how the crypto market moves and what causes fluctuations in ATOM price before buying or selling this crypto to increase your likelihood of profit.

Lend ATOM

KuCoin offers an attractive way to generate a stream of passive revenue with your ATOM holdings. Head to KuCoin’s Crypto Lending section to lend liquidity on our exchange.

Enter the number of ATOM you wish to lend, select the tenure - choose from 7 days, 14 days, or 28 days, and review our daily interest rate on offer. Get an idea of your estimated profit before confirming the transaction.

Stake Cosmos (ATOM)

You can also earn more ATOM via staking the native crypto asset of Cosmos. Staking helps improve the overall resilience and security of the Cosmos ecosystem and makes its community more engaged. In the process, you even get rewarded for your efforts.

Where to Stake Cosmos (ATOM)

One of the most convenient ways to stake ATOM hassle-free is on the KuCoin platform. Simply head to KuCoin Earn and look for the ATOM crypto from our list of offerings.

Pick the type of staking - we offer staking, promotions, and savings options. Select the option that is right for you based on the level of risk you are willing to take on and the returns you are up for.

Is Cosmos Better Than Ethereum?

While each blockchain comes with its own strengths and drawbacks, there are several areas where Cosmos could potentially offer an advantage over Ethereum:

More Efficient PoS Consensus Mechanism

As of May 2022, Ethereum’s plans to migrate to a PoS consensus have been delayed further. The challenge of using a proof of work consensus continues to make the Ethereum blockchain inefficient from an energy perspective and throws up challenges related to network congestion and high transaction costs.

Lower Transaction Fees

On the other hand, transactions on the Cosmos blockchains are far more affordable and faster, making it an attractive platform to use both for consumers as well as dApp developers. The Cosmos network consists of infrastructure that can be more affordable and attractive for users to consider.

High Scalability

The IBC Protocol is likely to make Cosmos and its network of interconnected yet independent blockchains an extremely scalable ecosystem in the future. An ecosystem that is as scalable can support more real-world and commercial applications, encouraging mainstream adoption of its technology.

ATOM Price Analysis

Live Price

The live price of ATOM is 14.82 USD, representing an increase of +12.02% in the past 7 days and +9.76% increase in the past 24 hours.

Historical Trend

The all-time high of ATOM was 44.69 USD on 09-19, 2021, from which the coin is now down -66.84%.
The all-time low of ATOM was 1.13 USD, from which the coin is now up 92.37%.
$ 1.13
$ 44.69
Want to get the latest price of ATOM? Head to the KuCoin Exchange for 24/7 live updates of ATOM/USD prices and the ability to buy/sell crypto quickly.