Cosmos Atom Price & Charts
Cosmos Atom News
What Is ATOM ?
Atom is a decentralized cryptocurrency with its blockchain known as Cosmos blockchain. This blockchain enables different network of blockchains to effectively interact with another in a secure way. It’s a bridge that links multiple networks of blockchains.
Atom cryptocurrency via its blockchain, Cosmos is designed to address problems of scalability, sovereignty and usability experienced in other blockchains. Atom cryptocurrency via its blockchain is not limited to several programming languages unlike Ethereum’ EVM (Ethereum Virtual Machine). Developers
TEAM OF ATOM
Atom network is made up of experienced developers and other professionals. The lead developers are Ethan Buchman and Jae Kwon. Atom network was conceived by Jae Kwon in 2014 which later led to the creation of Cosmos blockchain (native blockchain).
Apart from the core tam, Atom network has a foundation known as Interchain Foundation (ICF). This foundation is a non-commercial foundation based in Switzerland.
PRACTICAL USES OF ATOM
- ATOM is the native token of the Cosmos network and it’s used for all transactions in its ecosystem.
- The blockchain is used for research, engineering & product.
- ATOM cryptocurrency is used for Gaming and Video Streaming.
- ATOM cryptocurrency via Cosmos Hub blockchain is used for Connecting Chains
- ATOM cryptocurrency is used for Cross-Border Payments.
- ATOM cryptocurrency is used in healthcare.
- ATOM cryptocurrency is used in Real Estate
- ATOM cryptocurrency via Cosmos Hub blockchain enables developers to design DApps.
MINING OF ATOM TOKEN
ATOM cannot be mined as at the time of compiling this report. It is obtained through staking using hybrid PoS algorithm. The more ATOM staked, the more Atom token earned through validation of nodes.
ATOM can be purchased in major cryptocurrency exchanges such as Huobi, Binance, Dcoin, Kraken, Bibox, OKEx and BitForex.
NOTES FOR INVESTORS
ATOM token is one of the promising tokens in recent time, having traded to all time record of $8.31 in March 16th, 2019. The performance of ATOM especially in March, 2019 is a pointer to its stability in the cryptocurrency market.
Presently, the unit price of ATOM is USD 4.53 while the market cap is USD712, 275,752; the circulating supply is 190,688,439 ATOM and presently ranked 13th in the cryptocurrency market. Over $41 million worth of ATOM is traded daily on the cryptocurrency market.
The statistics show that ATOM is getting the much needed attention, considering the trading volume and may likely hit USD10.00 before the end of second quarter of the year 2020.
This report is to express the writer’s views on ATOM and never intended to endorse ATOM for investment.. Whatever you do with this report is solely at your discretion. Do your research and seek advice before investing.