ATOM Coin (ATOM) is the native token of the Cosmos Network and is used to provide interoperability and scalability for dApps and blockchain networks. The issuance price has not yet been announced, and the total amount is 1 billion, of which 75% is held by the community and 25% by the Cosmos team and investors. The Cosmos white paper details its vision, technology stack, and governance model.
What is Astro Boy Coin?
ATOM Coin (ATOM) is the native token of the Cosmos network and is designed to provide interoperability and scalability for decentralized applications (dApps) and blockchain networks.
Astro Boy coin issuance price, total amount and white paper introduction
Detailed description
Issue Price
The issue price of Astro Boy Coin has not yet been announced. The coin will be funded through a public token sale, with funds raised going to support the development of the Cosmos network.
Total supply
The total circulation of Astro Boy coins is 1 billion. Of which:
White Paper
The Cosmos white paper outlines the project’s vision, technology stack, and governance model. The white paper explains the following:
Uses
Astro Coin has multiple uses in the Cosmos network, including:
Cosmos (ATOM) Price Analysis
As of this writing, the price of Cosmos (ATOM) is $4.06 with a 24-hour trading volume of $127 million . ATOM has gained 5.49% in the past 24 hours.
Latest Changes
ATOM has seen upward momentum recently as investors are optimistic about the upgrade and adoption of the Cosmos network. The network’s Stargate upgrade introduces support for the Cosmos Inter-Blockchain Communication protocol, enabling different blockchains to connect to each other. Additionally, more and more projects are being built in the Cosmos ecosystem, driving demand for the ATOM token.
Influencing Factors
Future Outlook
ATOM price is expected to continue rising in the near term as it benefits from improving sentiment in the cryptocurrency market and the continued development of the Cosmos network. However, mid- and long-term price trends will largely depend on network adoption and overall trends in the broader cryptocurrency market.
Course of Action
Those investors who are optimistic about the long-term potential of the Cosmos network may consider buying the ATOM token at current levels. Cautious investors may want to wait for clearer market direction, but ATOM's current price offers a potential buying opportunity.
Short Term Forecast
In the short term, ATOM price is expected to continue to rise. Resistance is around $5, and if it is breached, further gains are possible. On the other hand, support is around $3.5, a break below which could lead to a pullback. Below is a list of current key indicators:
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