Assessing the odds of Canto DEX pushing ATOM up on the price chart
Canto DEX set a new record with a $63.2 million transaction volume. An increase in development activity and ATOM’s volume suggests good days for the Cosmos network ahead. The Cosmos-based L1 blockchain Canto DEX recently set a new record with its transaction volume reaching $63.2 million, surpassing the likes of Solana and Fantom. In addition […]
Cosmos bulls are enthusiastic as technical indicators show bullishness could continue
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Sellers tried to fade a move above $12.25 but the buyers had other ideas. A pullback into a lower timeframe area of interest could present a buying opportunity. Cosmos has smashed its way past the […]
Cosmos developer count sees unprecedented rise, but is ATOM rallying?
Developer activity increased on Cosmos network along with staking interest. Activity on the social front decreased along with the weighted sentiment. The Cosmos [ATOM] network saw a material increase in active developers over the last few months, according to a Token Terminal tweet on 10 January. While this may seem like a positive development, ATOM’s […]
Cosmos [ATOM] short traders stand to gain if BTC plies at this level
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ATOM was in a price correction that could extend to $9.661. A move beyond $10.221 would invalidate the bearish forecast. Cosmos [ATOM] rallied from mid-December 2022 to early January 2023, rising from $8.5 to […]