Today I want to take a deep dive into Cosmos Hub. The numbers are interesting, and I think there's a compelling story here.
📈 Current Price Action
Currently trading at $2.92, we're seeing some pullback in the short term. The weekly trend has been fairly sideways, suggesting consolidation. The monthly chart shows significant correction from recent highs.
Cosmos Hub price movement over the last 7 days
💰 Market Metrics
Market cap stands at $1.39B, placing it at rank #83. With $92.08M in 24h volume, we're looking at healthy trading.
Metric Value
Current Price $2.92
24h Change -3.13%
7d Change -4.13%
30d Change -29.15%
Market Cap $1.39B
24h Volume $92.08M
Market Rank #83
Supply Dynamics
Currently $477.24M coins are circulating from a total supply of $477.24M.
📊 Historical Context
The all-time high was $44.45, and we're currently 93.44% below that level. The all-time low sits at $1.16, which means we're 151.34% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
Looking at the underlying metrics, Cosmos Hub is in a consolidation phase. The fundamental metrics show room for growth if fundamentals improve.
As with any crypto investment, only allocate what you can afford to lose.
🎯 Final Thoughts
There you have it - my breakdown of Cosmos Hub. The metrics tell a story, but everyone interprets data differently. What do you see that I might have missed?