What is COSMOS (ATOM)?
*Cosmos is name of a blockchain project and ATOM crypto is the native coin of the Cosmos blockchain. The Cosmos goal is to create a way for many other blockchain to exchange their crypto assets and data with each other.
*The Cosmos project began in 2014. Its guided by the interchain foundation, but the actual software development is done by a company called all in bits.
*ATOM is used in the operation of the blockchain, in staking and governance.
Founder of Cosmos (ATOM)
*Cosmos was founded by developers Jae Kwon and Ethan Buchman, they both have worked together to create the tendermint consensus algorithm and now this powers the Cosmos network.
*Kwon and Buchman who develop and launch cosmos was helped by the Interchain Foundation(ICF), a Swiss non-profit, that specialises in funding open-source blockchain project.
How many Cosmos (ATOM) Coins are there in Circulation?
*Cosmos has a total supply of over 260,906,513 to be precise, at press time, more than 203,121,910 are in circulation. The users can easily earn ATOM crypto though staking.
*The two private sales of the ATOM token took place in January 2017.Then after the sale was followed by another public sale in april last year.
*At that time the auction was raised a $16 million sale, $0.10 per ATOM token was equivalent to almost $16 million sales.
*Atom tokens almost 80% was given to investors and 20% was shared between two companies they are Bit in and the interchain foundation.
Where can you buy Cosmos (ATOM)?
*Cosmos (ATOM) is now available on many major exchange example:- Binance, Coinbas and OKEx.
Future analysis of Cosmos (ATOM)
*Now ATOM support at 8.84-8.90, if we don’t hold this support area next support at 7.85-7.91, next strong support at 6.48-6.54
*Now ATOM resistance at 9.67-9.74, if we break here and hold this area next resistance at 12.42, if we break here next resistance at 17.20 next at 24.42, next resistance at 28.62 next strong resistance it take 2-3 times rejection 32.40 next at 37.32 next at 44.68.
*Atom is good for long-term it have great potential to gave 10x-15x return from current price in next 2-3 years, always think long-term you have make good profit in market.’
*Now good time to invest in market. Already market gave good return last 2 weeks, I already say in my last link post good time to buy a good coin i share most coin technical analysis you have read and invest wisely.
*Crypto is high volatile if you want profit in short term but you should think for long-term you can make good returns.
*Always try to diversify your portfolio i have shared many coin post read and invest divided your capital in many parts to minimise your risk.
*If you want any coin analysis post comment down below on post i will try to post it as soon as possible.
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