Will Cosmos Make Me Rich In 10 Years?

Last Updated January 25th 2022
14 Min Read

Cosmos Price Predictions In 10 Years

Cosmos ATOM's price in 2030: Smartereum's feature reported projections that Cosmos's value could go up to $650 in 10 years.

Crypto analysts believe that Cosmos value can actually reach $1000. For instance, according to Crypto Rating Cosmos can actually reach a value of $1050 in ten years. DigitalCoin, on the other hand, estimates that the highest value that Cosmos might have in this decade is $875, by 2030.

Cosmos was one of the standout cryptocurrencies in 2021. The value of the Cosmos token (ATOM) has reached new heights on several occasions this year. September 2021 was a particularly wonderful month for the coin as it doubled in value in less than two weeks. But does that mean Cosmos is the right investment for you?

Will Cosmos make you rich in 10 years? If you are planning to invest in Cosmos as part of your long-term goals, then this is an important question that deserves the best answer you can find anywhere. Making a good long-term cryptocurrency investment can be the key to enjoying financial freedom in the next decade. But you need to be sure that the assets you pick are the right ones for you.

There are several factors to consider when trying to decide whether a particular cryptocurrency will make you rich in the future. Here, we are going to discuss Cosmos, focusing on those factors that will help you determine whether it can make you rich in the future.

Before we delve fully into the topic, it is important to reiterate that we don't offer investment advice. Rather, we furnish readers with the best factual information that will help them make an informed decision about any investment opportunity. Therefore, it is important that you read every part of this post carefully to pick out the critical information that can help you make the right decision about investing in Cosmos (ATOM) in the long run.


Cosmos: What Is It?

Cosmos is a cryptocurrency project that solves one of the biggest problems in the blockchain industry – interoperability. Cosmos is described as a network of blockchain networks or the internet of blockchains because of how it works. It was specifically designed to bridge gaps between blockchains, allowing them to communicate with each other and exchange data/information.

While the primary objective of Cosmos is to improve the interoperability of blockchains, it also solves other problems in the industry. By serving as an ecosystem of connected blockchains, Cosmos offers a worthy alternative to the expensive, slow, unscalable, and environmentally-harmful 'proof-of-work' protocols, like that of Bitcoin.

Cosmos is also described as an ecosystem of decentralized apps (dApps) and services. It is an ever-expanding network that allows developers to build projects on it. It is one of the most active networks in the fast-growing decentralized finance (DeFi) sector. Cosmos is one of the most active networks in DeFi, primarily because developers love the fact that it makes building dApps less complex and less time-consuming. It has several open-source tools on its network, including Cosmos Hub, Inter-Blockchain Communication Protocol, Tendermint, and Cosmos Software Development Kit (SDK).

As a cryptocurrency project, Cosmos has a native token called ATOM. It is the only digital currency in the network and serves a number of important functions. ATOM is the digital asset you will need to buy to invest in Cosmos. It is a valuable asset tied to the Cosmos network and its performance is partly tied to the performance of the network and other market factors. In this blog post, we will use Cosmos and ATOM interchangeably.   

Check Out: What Is Cosmos (ATOM)? Should You Invest In ATOM And Where To Buy It?

How Does Cosmos Work?

Cosmos was designed for the decentralized future and has the tools developers need to make their works easier. Cosmos is also a proof-of-stake protocol cryptocurrency. Users can stake their ATOM to be used for the development of the network, especially for validating transactions. In return for their staked tokens, users receive rewards in the form of more Cosmos (ATOM) tokens.

Staking is a pretty riskless activity in Cosmos, which is one of the major reasons the network is so attractive. Users are free to unstake their staked tokens after about three weeks and sell to make profits or recover part of their investments. It is a liquid asset that you can sell on many cryptocurrency exchanges. Staking will also allow users to grow their investments.

ATOM is also used to pay transaction fees in Cosmos. However, some transaction fees are not paid with ATOM because some blockchains built on Cosmos have their own tokens and such tokens are used to pay transaction fees on the network. One of the most popular blockchains on the Cosmos network is the Binance Smart Chain, and its fees are paid with the Binance Coin (BNB).

What Makes Cosmos Unique?

Cosmos is a special cryptocurrency project primarily because of what it was designed to do. Prior to its launch, blockchains were highly fragmented with no way to communicate with each other. Cosmos has turned things around and opened several opportunities for developers and regular cryptocurrency investors/traders.

Cosmos is also unique because of its infrastructure. It was properly developed with the necessary tools to make life easier for developers. It is straightforward to use, and its software development kit (SDK) focuses on modularity. There are several ready-to-use codes developers can pick up. With Cosmos, building complex applications becomes easier.

Another unique thing about Cosmos is that it prioritizes scalability. It is much faster than both Bitcoin and Ethereum.

Is Cosmos (ATOM) A Good Investment?

Judging from what Cosmos was set up to do and what it has already done in the cryptocurrency universe, we can say that it is one of the most important blockchains. Does that also imply that Cosmos (ATOM) is a good investment?

The successes of a cryptocurrency platform normally rub off on the performance of its native currency. ATOM has performed relatively well since it was made available to the public. So, investing in Cosmos (ATOM) can turn out to be a wise decision.

Will Cosmos Make You Rich In Ten Years?

Are you considering investing in Cosmos with the hope that it will make you rich in 10 years? Do you want to ascertain whether the coin is capable of making you rich in ten years? Then you need to look at the past, the presence, and the future of the coin.

Cosmos may not have been around for several years, but we can discuss its price history and see how it has grown with time. We will also need to discuss the recent performance and current standing of the coin to get an idea of how it compares with other cryptocurrencies. We will also discuss the potentials of Cosmos, according to price predictions from authority websites.

Price History Of Cosmos (ATOM)

Cosmos was launched into the market through an ICO on 5TH, April 2017. In a matter of minutes, Tendermint (which launched the coin) raised $17,300,000. The ICO token price was $0.1 per token. After the launch, the team went back to develop the Cosmos network,

As of February 2019, Cosmos was selling for about $2.75 per token. By April 5th, it has reached $3,73. It continued to rise, reaching $4.74 on 21st May and $6.51 on 21st June. The price started to drop in July, and by 7th September it had reached $2.04. It recovered in October, and on the last day of the month, it traded for $3.01. By the end of December 2019, ATOM traded for around $4.25 per token.

2020 started on a positive note for Cosmos ATOM. On the 2nd of January, it was trading for $4.38. BY 11th February, it had reached $4.79. Towards the end of February, the coin started losing value rather fast. By 13th March, it reached an all-time low of $1.13. It started recovery slowly, reaching $1.86 on 30th March. It continued to rise slowly, and by 23rd July, it had reached $4.01. By 26th August, it traded for $8.40. Between September and December, the price of the coin fluctuated continuously. It was able to close the year at about $5.64.

2021 was a good year for ATOM. It started the year at about $5.87 per token. By the second week of February, it had risen sharply to about $14.90. By 17th February, ATOM was selling for $25.13. It fluctuated between March and April. It reached $28.55 on 8th May 2021 but dropped significantly after that to reach $13.30 on 22nd May.

Recent Performance And Current Standing Of Cosmos (ATOM)

In recent times, ATOM has performed really well. The latest bull run started in September. It reached $29.44 on 11th September. Cosmos ATOM reached an all-time high of $44.70 on 20th September 2021. By the end of the month, it was selling for about $37.17 per token. Cosmos value on the last day of 2021 was $32.47.

At the time of writing this post, Cosmos (ATOM) was trading at $36.31 per token. In the 24-hour period, it had reached a low price of $30.11 and recorded a high price of $37.09 per token.

Cosmos ATOM’s market capitalization is $10 billion, making it the #17 ranked cryptocurrency in the world. The circulating supply of the coin is 286,370,297 ATOM.

Cosmos (ATOM) Price Predictions

It is difficult to predict what the price of any cryptocurrency will be in the future, except, maybe, stablecoins, which are tied to fiat currencies. However, many experts have been able to come close to correct predictions on several occasions. Some of the best predictions out there are algorithm-based predictions, and we will look at the ones from some of the best prediction sites out there.

Wallet Investor is one of the most respected sites when it comes to crypto coins predictions. According to its latest prediction, ATOM can reach $59.93 this year. It also projects that the coin will be worth as much as $186.21 in the next five years (2027).

Digital Coin Price is another important prediction site, and it also has something positive to say about the future of Cosmos (ATOM). It predicts that the digital currency can be worth up to $53.71 before the end of the year 2022. It predicts that the coin will be worth $63.87 in 2024 and $75.97 in the next five years (2027).

Trading Beasts, in its characteristic conservative manner, has an uninspiring prediction for Cosmos. It predicts that the coin will have an average price of $38.96 in December 2022 and an average price of $40.27 in December 2025.

Long Forecast is predicting that Cosmos (ATOM) will become more valuable in the future, but not as high as Wallet Investors has predicted. It forecasts that the coin will close the current year at $35.19 but rise to about $67.96 in December 2023. By December 2024, it predicts that the coin will be worth $97.79 and then drop slightly to $56.83 in December 2025.

Don't Miss: Cosmos Price Predictions

Where Will Cosmos Be In The Next Ten Years?

Ten years is a long time to predict what can happen to Cosmos (ATOM) or any cryptocurrency at all. However, we can build on what we have now to discuss the long-term future of the coin. From the majority of the predictions we considered above, one can expect that Cosmos will be a lot more valuable than what we have now in the next ten years.

Considering that Cosmos was trading for about $2.75 in February 2019 and has already crossed $40 in less than three years shows that the token is really valuable and can rise further in the future. As we have stressed already, the Cosmos network is ever-expanding, with new projects being launched regularly. The bigger it gets, the more valuable it will become. Of course, the positive expansion will also have a positive impact on the price of the token.

While we can boldly say that Cosmos is likely to become a lot more valuable in ten years, it is important to point out that things can also go south for the coin. From what we know, the chances of things going south for Cosmos is very slim, but we still need to be cautious when projecting into the future. Uncertainty in the cryptocurrency industry, as well as possible regulation of DeFi, can affect the coin negatively. However, the chances of Cosmos becoming a lot more valuable is higher than the chances of things going south for the network and its native token.

Weighing The Pros And Cons Of Investing In Cosmos

Regardless of what will become of Cosmos in the future, it is important that you consider the merits and demerits of investing in this particular cryptocurrency before making your final decision. We will quickly highlight the pros and cons of investing in the digital coin so that you can weigh them properly and decide the level of risk you are willing to take.

Pros of investing in Cosmos:

Cosmos is an important cryptocurrency platform because it allows blockchains to communicate with each other and make the market more active and attractive.

Cosmos is widely used by developers, meaning it will continue to grow and become more valuable.

There are other blockchains built on the Cosmos network, and the progress of each of them somehow contribute to the progress of Cosmos.

Cosmos has attracted many important partners, which is an indication of its value and what the future holds for it.

Cosmos is a community-governance platform, meaning the power to make major changes lies with the investors.

Cosmos is a very safe platform, meaning that your investment is safe unless you make some mistakes that endanger your digital wallet or cryptocurrency portfolio.

The value of the Cosmos token has been rising over the years, and there is a good chance that it will rise further.

It is possible to stake ATOM and grow your crypto holdings without having to sell what you have bought at the wrong time.

Cosmos is a notable member of the DeFi sector, which is growing rapidly and changing how people around the world see banking activities. The bigger DeFi grow, the better people will get to appreciate Cosmos.

Cosmos is a liquid asset – it is available in many cryptocurrency exchanges and other platforms.

Cons of investing in Cosmos:

Cosmos is a cryptocurrency, and they are all known to be very volatile.

Cosmos can be described as a relatively new cryptocurrency, which means it will take a while before many people will become fully confident in the network and its native token.

Staked ATOM will have to remain locked for about 3 weeks before it can be unlocked and sold or used for any other type of transaction.

DeFi can face increasing regulation in the future, and that can affect the value and performance of Cosmos ATOM.

Cosmos may face serious competition in the future, and that will affect how rapidly or otherwise it can grow.

Should You Play The Long-Term Game With Cosmos?

If you intend to invest in Cosmos with the hope that it will make you rich in ten years, then you are willing to play the long-term game with the token. But is this really the right thing to do?

Well, Cosmos is undoubtedly a wonderful platform that may grow a lot bigger in the coming years. As hinted earlier, it was designed for the decentralized future and has already improved the cryptocurrency market. However, a lot can happen in ten years, and we can’t expect everything to go positively.

Regardless of what Cosmos will face in the future, it is looking like a very good investment. If you are considering investing for the long run, then you are thinking right. However, remember that it is not advisable to invest heavily. The crypto market is very risky, so you should choose to invest only what you can lose.

Are You Willing To Invest In Cosmos (ATOM)? Do It the Smart Way

Investing in Cosmos can make you rich in ten years. Going by what we’ve seen so far, it can make you rich in less than five years. At the same time, you should know that investing in cryptocurrencies is risky, and you should only invest what you can lose.

It is also important that you buy cryptocurrencies from the right sources. You can buy Cosmos (ATOM) from different platforms, including official cryptocurrency exchanges, brokerages, as well as trading/investment platforms that are neither exchanges nor brokerages but focus on cryptocurrencies. 

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