Different price analysts have varying opinions on the ATOM price prediction from 2023-2030. The majority of the analyst have a positive view of the future price of ATOM.
ATOM is the token of Cosmos. Cosmos was created to serve as a uniting point for different blockchains.
The various price predictions of ATOM were a result of its previous price performances. In 2021, ATOM fluctuated in price, experiencing up-times and down times. However, you can say that ATOM is strong because, despite the wide market crash of 2022, ATOM has been maintaining a balance.
So, in this ATOM price prediction for 2023-2030, we look at the prospects of ATOM and see what influences their price.
However, this is not a piece of financial advice as we are not expert price analysts.
What is ATOM (COSMOS)?
ATOM was created as the internet of blockchains to serve as a uniting point for different crypto networks. With this, ATOM can coordinate transactions between them.
ATOM was created by Interchain foundation (a Swiss non-profit). The role of the Interchain Foundation (ICF) is to fund open-source blockchain networks.
ATOM strives to facilitate a network of blockchains that can exchange data and tokens using some laid-out programs. It ensures that no central party takes charge of the activities. Every single network involved plays an equal role.
To achieve this, Cosmos made it in a way that it can keep a record of each independent blockchain linked to Cosmos.
How does ATOM work?
The ATOM works perfectly to unite different crypto networks by following a set-down procedure.
The ATOM(Cosmos) network has three layers: application, networking and consensus.
By application, ATOM facilitates transactions and updates the network.
By networking, ATOM enables communications between transactions and blockchains.
By Consensus, ATOM assists nodes to agree on the state of the system.
There are four open source tools that ATOM uses. The tools allow ATOM to tie all the layers together and enable developers to build blockchain applications.
The tools include:
Tendermint BFT engine
With this tool, developers don’t have to code from scratch to build the blockchain.
A network of computers running the ATOM software can secure the network, add blocks to the blockchain and validate transactions using the Tendermint BFT algorithm.
Hubs and zones
The independent blockchains built with the Cosmos network are called zones. The hubs act as a link for all the zones.
Each zone is responsible for a unique task. Some of the tasks the zones perform include account authentication and transactions, creation and distribution of new tokens, and executing changes.
Inter-Blockchain Communication Protocol
The Inter-Chain Blockchain Communication protocol (IBC) connects the different zones to the ATOM (Cosmos) hub.
This helps different zones in the hubs to interact and exchange data.
This is another tool that enables developers to build their blockchains using the consensus algorithm of Tendermint.
Price Analysis of ATOM
The price of ATOM has been fluctuating since 2021.
From the time ATOM was listed on CoinmarketCap in March 2019, it had a downturn in price. It remained bearish until February 2021, when it reached an all-time high. In February 2021, ATOM increased to 174.2%. The initial price was $7.3839, and with the 174.2% increase, it reached $20.25. It remained bullish and increased above 28 dollars in May.
This all-time high price didn’t last because it dropped again by 67% in July, bringing the price to $9.4857.
The bearish trend continued till September 2021, when it increased to $44.54.
ATOM price kept fluctuating throughout 2021, and by December, it dropped to $21.22,
However, 2022 started on a positive note for ATOM. By 4th January 2022, the price of ATOM rose to $41.99; by 16th January, it increased again to $43.61.
This all-time-high price that ATOM witnessed in January 2022 can be attributed to two factors.
- The EVM-protocol compatibility – Cosmos announced that it was getting to EVM-protocol compatibility. This will enable most assets and projects that function on blockchain to turn over to Cosmos.
- The second factor was the liquidity staking module. Cosmos revealed that they are introducing a liquidity staking module to provide extra functionality to stake chain assets.
ATOM Price prediction 2023-2030
The analysis of the future prices of ATOM from 2023-2030 is based mainly on their previous price performance.
ATOM price prediction 2023
With the previous price analysis of ATOM, by 2023, it is expected to get to a maximum of $21.08 and trade on average of $18.93 in 2023.
ATOM is not expected to go below $18.42 in 2023.
ATOM price prediction 2024
With the previous price analysis of ATOM, by 2024, it is expected to get to a maximum of $32.22 and trade on average at $26.98 in 2024.
ATOM is not expected to go below $26.03 in 2024.
ATOM price prediction 2025
With the previous price analysis of ATOM, by 2025, it is expected to reach a maximum of $45.87 and trade on average at $39.97 in 2025.
ATOM is not expected to go below $38.62 in 2025.
ATOM price prediction 2026
With the previous price analysis of ATOM, by 2026, it is expected to get to a maximum of $67.61 and trade on average at $60.96 in 2026.
ATOM is not expected to go below $59.36 in 2026.
ATOM price prediction 2027
With the previous price analysis of ATOM, by 2027, it is expected to get to a maximum of $102.34 and trade on average of $86.03 in 2027.
ATOM is not expected to go below $83.60 in 2027.
ATOM price prediction 2028
With the previous price analysis of ATOM, by 2028, it is expected to reach a maximum of $144.03 and trade on average at $120.24 in 2028.
ATOM is not expected to go below $116.80 in 2028.
ATOM price prediction 2029
With the previous price analysis of ATOM, by 2029, it is expected to get to a maximum of $202.08 and trade on average of $178.13 in 2023.
ATOM is not expected to go below $173.32 in 2029.
ATOM price prediction 2030
With the previous price analysis of ATOM, by 2030, it is expected to get to a maximum of $298.10 and trade on average of $253.86 in 2030.
ATOM is not expected to go below $246.73 in 2030.
Expert price prediction for ATOM
Wallet investor made a price prediction for 2022. The prediction is that ATOM will reach $18.33 by the end of 2022. By 2023, it predicts that ATOM will get $17, and in five years, ATOM will get to $51.81.
By 2023, Gov Capital predicts that ATOM will get to a price of $38.64; in 2025, it might get $150. By 2027, Gov capital predicts that ATOM will get to $248.55.
It predicts that by the end of 2022, ATOm might get to the price of $13.84, and by 2023, it will get to $18.93. For 2024 and 2025, ATOM might get to $26.98 and $39.97, respectively.
For 2026 and 2027, ATOM will get to $60.96 and $86.03, respectively.
For 2028 and 2029, ATOM will get to $120.24 and $178.13, respectively. While for 2030, ATOM might get to $253.86.
DigitalCoinPrice predicts that by 2025, ATOM can get to the price of $18.06, while by 2030, it can get to the price of $42.02
The different ATOM price prediction is based on the previous price performance of ATOM in the previous years.
ATOM has good prospects of hitting an all-time high in the coming years. However, the crypto market is highly volatile and can change anytime. With this in mind, you should try to invest only what you can afford to lose. Also, before you make any investments, you should try to ascertain the coin’s current situation and price analysis to avoid unnecessary risks.