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  • Cosmos Price Prediction: Atom Price Drops 16%; Will It Continue?

Finance

Cosmos Price Prediction: Atom Price Drops 16%; Will It Continue?

06/11/2023
Bitcoin Ethereum News

Cosmos Price Prediction: Atom Price Drops 16%; Will It Continue?

  • 1
    Atom has observed a decline in the transactions in the past few weeks
  • 2
    Atom price has been currently observing a bearish momentum in the technical chart. It has seen a decline of over 16.27% in the intraday session

Cosmos is currently solving one of the most important problems in blockchain which is scalability. They also want to make blockchain technology less complex and difficult for the developers. The protocol is also described as Blockchain 3.0 which aims to connect other blockchains. Cosmos uses proof of stake mechanism to verify the transactions.

Atom has a staking APR of 20% …

Source: https://www.thecoinrepublic.com/2023/06/10/cosmos-price-prediction-atom-price-drops-16-will-it-continue/

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