Besides the current price and its 24-hour development, we included the most relevant technical indicators, such as Relative Strength Index (RSI), Moving Average Convergence/Divergence (MACD), Oscillators, and SMA.
Cosmos (ATOM) Indicators
Evaluate the strength and potential of using our table of key technical indicators, including MACD, RSI, SMA, Oscillator, and ADX. These indicators provide in-depth market analysis, helping you to strategize your next move.”
MACD Bearish RSI Neutral Ultimate Oscillator Bullish ADX Strong Short Term Trend Downtrend Mid-Term Trend Downtrend Long-Term Trend Downtrend
Cosmos (ATOM) Forex Values
Monitor the value of across key global currencies. Our table includes data in EUR, GBP, JPY, CNY, CAD, and INR, offering a wide-lens view of the international crypto market.
5.91 54.97 1,103.78 10.22 627.04
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About Cosmos (ATOM)
Cosmos (ATOM) is a decentralized network of interconnected blockchains that enables seamless communication and interoperability between different blockchain platforms. Launched in 2019, Cosmos aims to overcome the limitations of isolated blockchain networks by providing a framework for secure and scalable cross-chain communication.
At the core of the Cosmos ecosystem is the Cosmos Hub, which serves as a central hub for connecting and facilitating communication between different blockchains, referred to as “zones.” Each zone within the Cosmos network can have its own consensus mechanism, governance, and functionalities while still being able to interact with other zones through the Cosmos Hub.
ATOM serves as the native cryptocurrency of the Cosmos network. It is crucial in securing the network through a proof-of-stake (PoS) consensus algorithm. ATOM holders can stake their tokens to participate in the consensus process, validate transactions, and earn rewards.
Cosmos utilizes the Inter-Blockchain Communication (IBC) protocol, a standardized protocol that allows different blockchain networks to exchange data and assets in a secure and interoperable manner. This enables developers to build applications that can leverage the functionalities and assets of multiple blockchains, opening up new possibilities for decentralized finance (DeFi), cross-chain asset transfers, and more.
The Cosmos ecosystem is governed by stakeholders who hold and stake ATOM tokens. They participate in on-chain governance, which involves voting on proposals for upgrades, parameter changes, and improvements to the network. This governance model ensures that decisions are made collectively by the community and promotes a decentralized and inclusive network.
Cosmos has gained attention for its innovative approach to blockchain interoperability and its potential to address the fragmentation and lack of connectivity between different blockchain networks. Its scalability, security, and focus on interoperability make it an attractive platform for developers looking to build cross-chain applications and services.
In summary, Cosmos (ATOM) is a decentralized network that aims to provide blockchain interoperability through the Cosmos Hub and its interconnected zones. ATOM is the native cryptocurrency and is vital in securing the network and participating in on-chain governance. With its focus on cross-chain communication and interoperability, Cosmos offers developers and users the potential to build and utilize applications that span multiple blockchain networks.
