The combination of high fake volume and relatively low exposure on trusted exchanges leaves Cosmos’ true value open to speculation. How much did fake volume contribute to the price pump on all those shady exchanges before the general public even laid eyes on it?
But to give Cosmos its due, much of its recent growth came after a listing on Binance. Indeed, in the four days since then the ATOM coin price has jumped 41%. This was the same day accurate circulation numbers became available for the coin, as seen by the introduction of the blue market cap line in the graph below.
On Saturday alone Cosmos gained 14% and then lost 10% – all within the space of 24 hours. From here on out, even the most hopeful of Cosmos holders must be expecting some kind of correction. That’s unless Cosmos was able to subvert the downwards pull of the bear market over the past year and a half
https://hacked.com/cosmos-atom-pumps-64-for-week-but-can-this-altcoin-be-trusted/
Here are Cosmos projects https://forum.cosmos.network/t/list-of-projects-in-cosmos-tendermint-ecosystem/243
I wonder how height can it go
Just today price went down to 5:10 USD and then shoot back to 5:30 USD and again back to 5:10 USD . Seems this is used for swim traders, but is the a reason to simply hold ATOM and wait .
Any thoughts ?