What is Cosmos (Atom)?

in #atom3 months ago

*Cosmos is a decentralized network which provides tools for developers so that they can create their own interoperable blockchain.

*It has many Key components like Tendermint and the Cosmos SDK simplify networking, consensus and application development making it easier to create customized blockchain solutions.

*Cosmos has its native token known as Atom.

*Cosmos powers everything like as a proof of stake chain, Cosmos used Atom to reward stakers.

Founder of Atom
*Atom was co founded by Jae Kwon and Ethan Buchman in 2014.

*Jae Kwon has stepped down as CEO in 2020 but listed as principal architect.

Circulation of Atom
*Atom usdt has a total supply of 390,930,671 ATOM tokens and as per now May 2024 Atom has a circulating supply of 390,930,671 ATOM tokens.

*In May 2024 Atom has ranking at 32th among other crypto currencies with a market cap of $3,270,769,755.

Where to buy at Atom
*As per now you can just buy or invest in Atom usdt by many exchanges like- Binance, Bybit, OKX, Upbit, Kraken, Kucoin, Gate.io and Coinbase Exchange.

Technical and Future of Atom
*As i have shown below in my chart of Atom Usdt it went up in 2023 and left behind two liquidity levels.

*Liquidity levels 1 at 5.55$ and 2 liquidity levels are at 3.78$.

*If market crashes then it will take both these liquidity levels before going up and making its new all time high.

*Invest at these levels and you can earn a good profit from you investment.
Screenshot 2024-04-18 at 4.11.23 PM.webp

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