The Cosmos network is currently gaining popularity as a cryptocurrency. Founded in 2016, it aims to be the Internet of Blockchain Technology. The platform has a robust architecture and has already been used for many blockchain projects. It uses Byzantine Fault Tolerance (BFT), which is an algorithm that is highly reliable. The company’s platform offers over 90 coins for trading. You can use it for spot exchange or instant trading options.
Unlike most cryptocurrencies, Cosmos is programmable and is used for all marketplace transactions. Its growing community of Dapps helps it to become the most popular cryptocurrency for developers. Its wide network of users and constant upgrades make it ideal for developing decentralized applications. Its ability to interoperate across different networks is important for the growth of the crypto market. As the demand for crypto increases, so does the value of the platform. With this in mind, ATOM will naturally gain value as a platform.
Despite the recent price correction, the ATOM project is an undervalued project. The team behind the project is dedicated to continuous development, and it has an excellent software development kit (SDK) that makes it easier to develop new applications. Besides, ATOM adds to the ecosystem and continues to reach milestones on its roadmap. The price of Cosmos is currently $26.49, and it has yet to reach a high of $48.52 in July.