The top of the cryptocurrency outlet Coin Bureau says that Cosmos Community (ATOM) may very well be an important digital asset in the marketplace.
The pseudonymous analyst, who goes by the title Man, tells his 1.3 million YouTube subscribers that the crypto community is invaluable as a result of it permits totally different blockchains to speak in a decentralized vogue.
Cosmos Community finalized its inter-blockchain communication (IBC) protocol in March, which permits totally different cryptocurrency platforms to commerce and switch tokens with one another.
Man says that this perform makes ATOM a game-changer for the business.
“Cosmos might be probably the most, if not essentially the most, necessary cryptocurrency initiatives on the market. That is just because, with out widespread interoperability, cryptocurrency is doomed to fail.
With the completion of the IBC, Cosmos has cemented itself because the chief in a distinct segment that just about no different cryptocurrencies are competing in.”
Man says the altcoin can also be in line to see a 200% surge in worth.
“By way of how excessive ATOM might go, I’ll begin by saying that I will likely be very shocked if it doesn’t hit a minimum of $100.
That is just because Cosmos’s fundamentals proceed to hit all-time highs, with further blockchains connecting to its hub nearly each different week.
This has not but been totally mirrored in ATOM’s worth, nor its market cap which is [still] minuscule.”
ATOM is buying and selling at $34.61 at time of writing, in keeping with CoinGecko.
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