ATOM

Cosmos price

ATOM
|
4.0/5
CyberScope
4.4
05/24/2024
TokenInsight
3.6
02/09/2023
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USD
USD
$8.3800
+0.26%
1h
24h
1W
1M
1Y
All

Cosmos price live data

The current price of Cosmos is $8.3800. Since 00:00 UTC, Cosmos has increased by +0.26%. It currently has a circulating supply of 390,688,370 ATOM and a maximum supply of 390,930,035 ATOM, giving it a fully diluted market cap of $3.28B. At present, Cosmos holds the 31 position in market cap rankings. The Cosmos/USD price is updated in real-time.

Cosmos price performance in USD

Time periodChange amount%Chg
Today$0.022000 +0.26%
7 days-$0.30700 -3.54%
30 days-$0.13200 -1.56%
3 months-$2.0360 -19.55%

Cosmos market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$8.0100
Last price $8.3800
24h high$8.4860
Heat index ranking
81
Market cap ranking
31
Market cap
$3.28B
Favorited rate
Percentage of users who favorited this asset to all users
5.81%
All-time high
$44.8000
-81.30% (-$36.4200)
Sep 20, 2021 (3 years ago)
All-time low
$1.0690
+683.91% ($7.3110)
Mar 13, 2020 (4 years ago)
ICO date
03/15/2019
ICO price
The price at which this crypto was first traded
$0.10000
Circulating supply
The amount of this crypto that is publicly available in the market
390,688,370 ATOM
Market cap at circulating supply
Market cap = Circulating supply × Last price
$3.28B
Audits
The audit data comes from partners that we have integrated with via API. Our partners conduct security assessments on the provided source code.
CertiK
Last audit: 04/28/2023

About Cosmos (ATOM)

Cosmos is a decentralized hub bridging multiple blockchains using Byzantine Fault Tolerance (BFT) consensus algorithms like Tendermint. This pioneering platform not only aspires to knit together diverse blockchains but also to enhance their collective functionality. With a unified vision, the Cosmos team aims to break down barriers, envisioning a cohesive blockchain realm, all under the Cosmos umbrella.

What Is Cosmos

Cosmos, often called the “internet of blockchains,” seeks to revolutionize the blockchain industry by addressing major challenges like scalability and interoperability. It does so by fostering communication between distributed ledgers without relying on a centralized server.

The Cosmos ecosystem comprises application-specific sidechains named “Zones.” These Zones are interconnected through the Cosmos Hub, similar to Polkadot's parachain model.

ATOM, its native token, facilitates governance voting and strengthens security through staking.

The Cosmos team

Cosmos was developed by the Tendermint team. Its co-founders, Jae Kwon, the mastermind behind the Tendermint consensus algorithm, and Ethan Buchman, have rallied a team of adept blockchain developers, cryptographers, and computer scientists.

How does Cosmos work

Cosmos utilizes a "hub and spoke" architecture, where the Cosmos Hub acts as the central hub, and various independent blockchains, referred to as “Spokes,” connect to it. These independent blockchains, known as Zones, leverage the Tendermint consensus protocol and communicate with the hub using the Inter-Blockchain Communication (IBC) protocol.

In contrast to many platforms that depend on smart contracts for inter-chain interactions, Cosmos introduces an open-source tool that allows developers to design and develop decentralized blockchain applications. Additionally, Cosmos offers software development kits (SDKs) to streamline the creation of these applications.

ATOM tokenomics

ATOM is the native token of the Cosmos network. It underpins the network's Proof of Stake (PoS) consensus model, with validators and delegators staking ATOM tokens to bolster security and partake in consensus. Moreover, ATOM holders possess governance rights, influencing the trajectory of the Cosmos network through their votes. ATOM can also be used to pay transaction fees or staked for additional rewards. An annual inflation rate of 7 percent to 20 percent incentivizes ATOM holders to stake their tokens.

Distribution of ATOM

ATOM was initially distributed as follows:

  • 35 percent earmarked for staking rewards
  • 30 percent disseminated to partner exchanges to ensure liquidity
  • 10 percent set aside for the Interchain Foundation
  • 10 percent remains with Tendermint
  • 15 percent was allocated to the team and investors

ATOM FAQ

What is Cosmos?

Cosmos is an interoperable network designed to connect various independent blockchains, facilitating communication and collaboration between them. It aims to address the blockchain industry's challenges of scalability and interoperability.

Why is interoperability important in the blockchain space?

Interoperability allows for different blockchains to communicate and share information. It bridges the gap between isolated blockchains, enabling more integrated and versatile applications and solutions.

Where can I buy ATOM?

Easily buy ATOM tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include ATOM/BTC, ATOM/ETH, ATOM/USDT, and ATOM/USDC.

You can also buy ATOM with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ATOM with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ATOM, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.