{"id":3560,"date":"2022-06-23T11:17:55","date_gmt":"2022-06-23T11:17:55","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/06\/23\/cosmos-atom-price-soars-12-is-it-about-to-break-resistance\/"},"modified":"2022-06-23T11:17:56","modified_gmt":"2022-06-23T11:17:56","slug":"cosmos-atom-price-soars-12-is-it-about-to-break-resistance","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/06\/23\/cosmos-atom-price-soars-12-is-it-about-to-break-resistance\/","title":{"rendered":"Cosmos (ATOM) Price Soars 12%, Is It About To Break Resistance?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/cosmos-atom-price-soars-12-is-it-about-to-break-resistance\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p><span style=\"font-weight: 400;\">The value of $ATOM, the Cosmos blockchain\u2019s native token, is up by<\/span><a rel=\"nofollow\" href=\"https:\/\/coinmarketcap.com\/currencies\/cosmos\/\"><span style=\"font-weight: 400;\"> about 12 % to $7.64<\/span><\/a><span style=\"font-weight: 400;\">. Since the <\/span><a href=\"https:\/\/coingape.com\/dydx-v4-to-be-developed-in-cosmos-ecosystem\/\"><span style=\"font-weight: 400;\">big announcement<\/span><\/a><span style=\"font-weight: 400;\"> by crypto derivatives trade, dydx, to construct its V4 blockchain on the Cosmos platform, there appears to be lots of enthusiasm for $ATOM.<\/span><\/p>\n<div class=\"quads-location quads-ad90952\" id=\"quads-ad90952\" style=\"float:none;margin:0px 0 0px 0;text-align:center;padding:0px 0 0px 0;\">\n<p><a href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=180936;size=647x80;setID=509734\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"647\" height=\"80\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=647x80;setID=509734;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"647\" height=\"80\"\/><\/noscript><\/a>\n<\/div>\n<p>ATOM is now poised to breach a resistance stage of $8.4, and probably verify a bullish pattern.<\/p>\n<p><span style=\"font-weight: 400;\">The value of dydx can also be up by 2% to achieve $ 1.42. Its quantity can also be up 66% within the final 24 hours.<\/span><\/p>\n<h2><b>Is Cosmos Becoming The Hub Of Innovation<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Greg Osuri, the founding father of Akash Network and $AKT, believes that beginning on Ethereum and scaling to Cosmos <\/span><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/gregosuri\/status\/1539729735671902208\"><span style=\"font-weight: 400;\">will become a trend<\/span><\/a><span style=\"font-weight: 400;\">. He considered sovereignty as the final word scaling technique.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In their announcement, <\/span><a rel=\"nofollow\" href=\"https:\/\/dydx.exchange\/blog\/dydx-chain\"><span style=\"font-weight: 400;\">dydx also lauded Cosmos<\/span><\/a><span style=\"font-weight: 400;\">. They introduced that full decentralization is an important function of the V4 protocol. V4 protocol consists of an offchain, full decentralization, orderbook and matching engine. According to dydx, the Cosmos platform permits them to scale to a a lot larger variety of orders\/cancellations per second.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Commonly known as the Internet of Blockchains, Cosmos makes a speciality of permitting firms to construct their very own impartial blockchain. Each blockchain may have autonomy over its selections whereas being powered by Tendermint consensus.<\/span><\/p>\n<h2><b>$ATOM To Break Resistance?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Apart from dydx, many different Web3 platforms have partnered with Cosmos. Sei Network, Kado Money, Mars Protocol, Kujira, and Osmosis are another improvements which have lately taken place on its protocol. There appears to be lots of enthusiasm for the way forward for the $ATOM.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Major Twitter Influencer and Crypto Investor, CryptoGodJohn shared on Twitter how <\/span><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/CryptoGodJohn\/status\/1539682278703513603\"><span style=\"font-weight: 400;\">Cosmos is outperforming BTC<\/span><\/a><span style=\"font-weight: 400;\">. Similarly, one other main crypto investor, MoonOverlord, believes that dydx shifting to $ATOM is a <\/span><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/MoonOverlord\/status\/1539617184510517248\"><span style=\"font-weight: 400;\">huge loss for $ETH<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, $ATOM is massively outperforming $ETH by way of value acquire for the reason that announcement. Whether it&#8217;ll have sufficient momentum to interrupt resistance, solely time will inform.\u00a0<\/span><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA115569\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nNidhish is a know-how fanatic, whose goal is to seek out elegant technical options to unravel a few of society&#8217;s greatest points. He is a fim believer of decentralization and needs to work on the mainstream adoption of Blockchain. He can also be large into nearly each standard sports activities and likes to converse on all kinds of subjects.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/d975e208df56193cc717ebd3d7e2419e?s=120&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-60 photo\" height=\"60\" width=\"60\" src=\"https:\/\/secure.gravatar.com\/avatar\/d975e208df56193cc717ebd3d7e2419e?s=60&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/d975e208df56193cc717ebd3d7e2419e?s=60&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/d975e208df56193cc717ebd3d7e2419e?s=120&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-60 photo\" height=\"60\" width=\"60\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD115569\">\n<p> The offered content material could embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/cosmos-atom-price-soars-12-is-it-about-to-break-resistance\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The value of $ATOM, the Cosmos blockchain\u2019s native token, is up by about 12 % to $7.64. Since the big announcement by crypto derivatives trade, dydx, to construct its V4 blockchain on the Cosmos platform, there appears to be lots of enthusiasm for $ATOM. ATOM is now poised to breach a resistance stage of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[2539,978,2510,110,469,1085],"class_list":["post-3560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-atom","tag-break","tag-cosmos","tag-price","tag-resistance","tag-soars","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/3560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=3560"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/3560\/revisions"}],"predecessor-version":[{"id":3561,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/3560\/revisions\/3561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/3562"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=3560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=3560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=3560"}],"curies":[{"name":"wp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