The creators of Cosmos describe it as a project that provides an antidote to "slow, expensive, non-scalable and environmentally harmful" proof-of-work protocols. This guide explains what Cosmos is, whether it can be a profitable investment, and where to buy Cosmos right now.
What is cosmos?
Cosmos and its native token ATOM provide an ecosystem of connected blockchains that help solve some of the biggest problems on the blockchain, such as: B. Slow and expensive transactions. Another of his goals is to make blockchain technology easier for developers. This goal is achieved through a modular framework that demystifies dApps. Cosmos uses an inter-blockchain communication protocol that makes it easier for blockchain networks to interact and communicate, thereby eliminating fragmentation in the industry.
Should I Buy Cosmos Today?
Cryptocurrencies are very volatile and profits are often followed by losses, sometimes very serious ones. Depending on your risk tolerance, estimate how much you are willing to invest and never exceed this amount even if the price of Cosmos does not develop as expected.
Cosmos price forecast
According to Wallet Investor's forecast, Cosmos can be a worthwhile investment. Its price will not go down. It can reach $ 54 in one year, increasing its earnings potential to 91% by that point in 2022. In 2026, the Cosmos price is slated to be $ 142.
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