Occasioned by indications of possible market recovery, more investors are now picking interest in cryptocurrencies. Amid the rising interest, they are still very much cautious of the inherent volatility of the industry. Although, in spite of this volatility, the industry has continued to grow in popularity, thereby cementing its place as one of the leading spheres in the world. Today, some countries, like El Salvador and CAR have adopted cryptocurrency as a legal tender, while some others are looking to approve cryptocurrencies as medium of payments. All these point to one thing. That is the fact that cryptocurrencies is gradually evolving to become the future of money, investment and payment. However, as the adoption continues to rise, it is pertinent to examine the future projection of some of the tokens that are currently gaining huge attention. One of such tokens is Cosmos, thereby necessitating its price prediction in this article.
For the purpose of clarity, this piece wants to focus on price prediction for Cosmos as one of the tokens gaining mainstream attention. Although, it is noteworthy that this article will only assess its projections between 2023-2035. In a bid to achieve this, our analyst examined the various internal factors driving Cosmos as well as the prevailing indices in the crypto market. This thus means investors, particularly beginners will thus get a clue about the future expectations of the crypto. However, before dabbling into it, investors are advised to further carry out their own personal research. With this, they will be very sure that the token complements their financial objectives before dabbling into it. But, before making the price projections, it is first necessary to examine the background of the crypto.
An Overview of Cosmos Crypto (ATOM)
Remarkably, the Cosmos crypto is usually identified as ATOM. As a primary crypto of its native platform, this token helps to secure the interchain services on Cosmos hub. Further, it serves as a means through which users of the platform pay transaction fees. Worthy of note that the amount payable by users is determined by the rate of computation obtainable in the said transaction. Just like others, ATOM can be staked. Through this, stakers contribute to the security of the Cosmos’s economic hub. However, the level of this security is largely dependent on the amount of staked ATOM. In return, stakers also earn block rewards.
Worth noting, the platform usually generates and shares its staking rewards in two ways. One of such ways is through transaction fees. Through the transactions fees acquired from users of the platform, the network reward holders of staked ATOM. More so, it also rewards stakers with newly minted ATOM. Notably, the network, according to its website, usually inflate the total supply of the token so as to incentivize the stakers.
Going forward, the Cosmos crypto also serves as a governance token. Occasioned by this development, its holders are always eligible to participate and vote for proposals capable of promoting the project and its ecosystem at large. Notably, some of these proposals could include network upgrades and many more. Just like other cryptocurrencies, ATOM can be purchased, received, sent, transfered and traded as a form of value. Remarkably, there are 286.4 million ATOM in circulation.
Cosmos network
According to its whitepaper, the Cosmos network functions as an ecosystem of blockchains. It is designed to foster scalability and interoperability of blockchains. By creating an Internet of Blockchains, Cosmos enables blockchains to sustain their sovereignty, interact with one another within the ecosystem and also process transactions very fast. In its whitepaper, it was mentioned that the network employs BFT consensus algorithms to carry out its functions. More so, it relies on its Tendermint consensus to power each blockchain on its network.
In summary, Cosmos network, according to its whitepaper, functions to solve three inherent problems of blockchains. They include sovereignty, scalability and sustainability problems. By sovereignty, the network enables developers to build independent blockchain applications seamlessly. More so, it solves scalability issues by enabling blockchain apps to scale to millions of users. It usually achieves this by ensuring the duplication of a particular blockchain to reduce congestions. Lastly, it fosters sustainability by ensuring the security of the ecosystem through its proof-of-stake (PoS) consensus algorithm. Having examined the background of Cosmos crypto, it is now imperative to look at its past performances in a bid to make its future price prediction.
Past Price Performances of ATOM
No doubt, the past performance of Cosmos is one of the factors to consider in making its future price prediction. Starting from early 2019, the crypto traded around $3.2. It began to soar around June, trading above $6. But, the token failed to continue the momentum for long, recording a dip in late 2019 to return to $3. Worthy of note that this dip was Occasioned by the general run in then crypto market. Meanwhile, 2020 was not really exciting for the crypto. As against its prediction, Cosmos traded within the range of $2 to $4 in most of the days of the year. It only saw a major recovery in September following the bull run in the industry. This made the token to trade around $7. Although, it couldn’t not also sustain it for long, ending the year just a bit above $5.
2021-2022
Worthy of note that 2021 was the most exciting year for the crypto. Following the general bull run in the market, the token soared higher than projected. Around February, it spiked to $18. As the bull run continued, Cosmos consolidated on the momentum to go even higher. With this, the token reached its all-time high in April after it traded above $23. However, a bearish trend stormed the sphere, forcing Cosmos and other tokens to dip. Specifically, Cosmos dipped to around $13 around June. This bearish trend continued till August when the token began to recover again. Following this recovery, the token even soared higher than ever, trading above $33. It is noteworthy that this historic trend was also fermented by another bull run that greeted the space in late 2021.
No doubt, the crypto entered into 2022 with this momentum. By January 2022, it traded above $39. Unfortunately, this positive momentum was truncated by the mid-2022 bearish trend. Following this trend, Cosmos plummeted to about $10 in May. It traded even less around July to August. However, it saw a little recovery in December after trading above $13. Having examined the past price performances of Cosmos, it is now imperative to do its price prediction.
Cosmos price prediction 2023
Barring all tribulations it endured in 2022, the cryptocurrency industry still establishes itself to be an ideal avenue for financial freedom. We expect the industry to retrace it steps to resurgence. With that, we believe that the crypto market will recover to maintain a stable level for the year. Throughout the year, ATOM alongside other well-known tokens in the market will soar to a profitable level for investors.
As the year advances, regulators will set more defining measures while ensuring good business practices among projects in the crypto space. Therefore, convincing investors to consider ATOM to become a part of their crypto portfolio. Pushing the token to attract more attention and facilitate more influx of investment. For the year, we expect ATOM to trade between $9.38 and $30, while averaging $21.
| Month | Minimum Price | Average Price | Maximum Price |
| January | $9.38 | $11 | $13.9 |
| February | $10 | $12 | $14.98 |
| March | $13 | $15 | $17 |
| April | $16 | $18 | $20 |
| May | $19 | $21 | $23 |
| June | $21 | $23 | $25 |
| July | $22 | $25 | $27 |
| August | $24 | $27 | $30 |
| September | $23 | $25.6 | $28 |
| October | $20 | $24 | $27 |
| November | $24 | $27 | $29 |
| December | $20 | $23 | $26 |
Cosmos price prediction 2024
We are optimistic that the upward trend the crypto space enjoyed in the previous year will overflow into 2024, with that ATOM could reach $54 as the maximum price. Furthermore, the figure will also present an impressive increase that’ll see Cosmos attract more market attention. On average, the token is also expected to trade at $40.5 and a low of $27 for the year.
Cosmos price prediction 2025
The good run from the previous year will as well continue as ATOM is positioned to rally high to $77 representing its maximum for 2025. According to analytical estimations, the token will record a minimum price of $56, while the average price is predicted at $66.5
Cosmos price prediction 2026
Considering previous price trends of ATOM, our prediction for the year suggests that the coin may trade in a range of $74 and $95. Likewise, our analysis also suggests that the average value may be $87. This price rally will be assisted by what we expect to be a productive year for Cosmos.
Cosmos price prediction 2027
Based on the analysis of the previous price trend of ATOM by market experts, the following maximum and minimum prices are predicted in 2027, $130 and $94. More so, on average, it will trade at $112. At some point during the year, the token will witness some minor changes due to the demands of the industry.
Cosmos price prediction 2028
Base on different prediction by experts, we hope that the price rally from the past years will continue as ATOM will rally high to $176. According to analytical estimations, the coin will record a minimum price of $132 while the average price is predicted at $154.
Cosmos price prediction 2029
Against all odds and setbacks, experts are predicting that 2029 will be another progressive year for the Cosmos ecosystem. According to its price prediction by experts, the good run from the previous year will continue as Cosmos will rally high to $209. This will thus represent its maximum for 2029. According to analytical estimations, the token will record a minimum price of $177, while the average price is predicted at $193.
Cosmos price prediction 2030
By 2030, experts expect a significant price surge in the price of ATOM. This upward trend is estimated to reach a high of $250 with an estimated low of $211 and a target average of $230 as calculated by our long-term ATOM prediction forecast.
Cosmos price prediction 2031
We expect the upward trend to continue in 2031, ATOM could reach $304 as maximum price. Furthermore, the figure will present an impressive increase that’ll see the token attract more market attention. On average, the token is also expected to trade at $278 and a low of $253 for the year.
Cosmos price prediction 2032
The good run from the previous year will continue as the native coin of Cosmos will rally high to $376 representing its maximum for 2032. According to analytical estimations, the token will record a minimum price of $305, while the average price is predicted at $340.
Cosmos price prediction 2033
According to the price prediction by experts, ATOM is likely to trade at a $379 price range as minimum price for 2033. On average, we also expect the token to be at $397 while seating around $415 as the maximum price. This year could be a tricky one the Cosmos network native coin, it must showcase a convincing price stability to gain more attention.
Cosmos price prediction 2034
Crypto experts after studying the price changes of ATOM in previous years, they posited that the average price of the token will be around $445. However, they predicted that the minimum value of the token for the year can stay around $418. At the peak of its price rally in 2034, the token is likely to hit $473.
Cosmos price prediction 2035
By 2035, the token is expected to have grown in terms of acceptance. Also, there are emerging indicators that by then the crypto market would have enlarge its market dominance by expanding to different regions globally. Our price prediction tipped ATOM to record a minimum price of $474, an average of $492, and a maximum of $510.
| Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $27 | $40.5 | $54 |
| 2025 | $56 | $66.5 | $77 |
| 2026 | $79 | $87 | $95 |
| 2027 | $94 | $112 | $130 |
| 2028 | $132 | $154 | $176 |
| 2029 | $177 | $193 | $209 |
| 2030 | $211 | $230 | $250 |
| 2031 | $253 | $278 | $304 |
| 2032 | $305 | $340 | $376 |
| 2033 | $379 | $397 | $415 |
| 2034 | $418 | $445 | $473 |
| 2035 | $474 | $492 | $510 |
Conclusion
Cosmos focus to eliminate network congestion and slow transactions have aided its popularity. Despite facing stern competition, the ecosystem still positioned itself as one of the leading projects in the industry.
This status has aided ATOM, its native token to surge over the time. Nevertheless, investors must be careful as the token has shown a high degree of volatility in the past.
Disclaimer: This review is done by our experts, This is not a financial advice, BinBits is not liable for any lose/damage to any user, Please do your own research before investing in any project
Read More :