As you remember, we started with the Beefy Finance(BIFI) in part 1
Our second asset in the list was Ontology Network(ONT) in part 2
Today I am going to introduce you the third asset in our trading list – Cosmos(ATOM)
This is the new blockchain which aims to eliminate the disadvantages of proof-of-work protocols.
The Cosmos’s other aims include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps.
In my opinion Cosmos is a fundamentally strong. It has a nice development and many updates.
Cosmos has the circulating supply 80%, so there are no supply shocks anticipated, but it has no maximum supply and additional tokens is going to be issued as a network reward.
Cosmos has the famous partners: Binance Chain, OKChain from OKEx, Terra Protocol. Not so good, but I can mark this point with 5 of 10.
All main and many small exchanges listed ATOM token.
Market Information 3/10
I don’t like the fact that this token made just 35X from it’s all time low, moreover it has the high market capitalization. Taking in account that the product is really amazing, ATOM can make 2-3X from current prices, but risks are very high.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.