Cosmos price prediction - ATOM could hit top 20 in market cap as FTX fallout takes hold
The big news of this month has to be the collapse of the FTX crypto exchange. Its insolvency has triggered bearish sentiments, bringing down the top 20 cryptos along with ATOM. But Cosmos has been in the news for another reason after founder Jae Kwon went against the proposed changes to introduce liquid staking to the system.
According to Kwon, it would be extremely risky for everyone to use derivative tokens and earn rewards elsewhere. Furthermore, proposition 82 could also allow minting a number of new and scam tokens like ATOM 2.0. As a result, ATOM has been performing poorly, but there are a few high-performance new cryptos in the market like D2T, TARO, IMPT, and RIA.
Cosmos price prediction – Will ATOM remain unaffected by FTX collapse?
Cosmos is a well-known blockchain ecosystem that has one of the most advanced systems compared to its alternatives. But over time, the project dubbed the “internet of blockchains” has experienced a reduced pace of development, low performance, and security risks. The reason behind all of this could be the drastic changes in the monetary policy of Cosmos.
But these changes alone have not caused ATOM to run flat in the present market while its price dropped below $10.14 at the time of writing. As per market experts, ATOM is expected to make a recovery in the next bull run. But according to statistics, it would take a lot to regain the previous level.
Dash 2 Trade – The fastest-growing cryptos
The cryptocurrency market can be an ocean of investment opportunities, but if not chosen wisely, one could easily drown in it. While the majority of investors are still recuperating after the collapse of FTX, there has been some movement in emerging projects. Dash 2 Trade, despite being in the presale phase for weeks, has built quite an image in the market.
Dash 2 Trade is a Learn2Trade-supported revolutionary crypto analytics data platform that is in the process of launching its trading signal platform and dashboard. The project is based on the simple yet ambitious objective of making crypto trading easy for all sorts of traders using real-time analytical data.
Crypto trading requires skill and experience to stay on the safe side and make well-informed decisions that bring profit. Most market participants lack these things and, as a result, suffer from losses that can be avoided with a platform like Dash 2 Trade. Dash 2 Trade is a great buy while the top cryptocurrencies suffer from the FTX situation.
To finally launch a Bloomberg Terminal counterpart in the world of crypto, Dash 2 Trade’s team of veteran traders has raised more than $6 million after just 3 weeks of opening the public presale. After concluding their presale, D2T, the ERC-20 token native to the Dash 2 Trade ecosystem, will be listed on two popular crypto exchanges, namely, BitMart and LBank.
RobotEra – A unique Metaverse crypto
Imagine a Metaverse of possibilities that allows one to explore, create, and enjoy a universe-rebuilding game. That is what RobotEra, a new Metaverse crypto project, is all about. In this robot-themed Metaverse, participants can create robot-like companions, connect with other worlds, and manage the land they own. But this project adds up to a P2E game as well.
The planned world of RobotEra will be represented as a multilayered post-apocalyptic world. The RobotEra world’s economy is reliant on TARO tokens, currently available for purchase in presale. TARO holders will get to interact with newly-created NFT communities that will collectively build the RobotEra universe once it launches. Investors interested in the future of Metaverse are buying TARO while it is still in presale.
IMPT.io – The best green investment
One of the wisest investments to make while top cryptocurrencies continue bleeding after the FTX incident are eco-green cryptos. These are the projects that are definitely not going anywhere in the next few years. Sustainability in crypto is a rare but much-needed concept, and now a project called IMPT.io is going to revolutionize it.
Fundamentally, the IMPT.io project is offering a unique carbon emission offsetting marketplace based on carbon credits. Using the IMPT marketplace, participants can buy products from sustainable brands around the world. But by doing so, they can contribute to green initiatives and therefore, reduce their carbon footprint.
The native crypto IMPT token also unlocks several utilities and a chance to get tokenized carbon credits as NFT. This way, IMPT.io would be the first-ever green crypto project, making carbon credits transparent and anti-fraud. During its presale, IMPT has achieved record success by reaching milestones in a short time, making it one of the hottest crypto presales.
Calvaria – An epic and rewarding P2E
Calvaria: Duels of Eternity is a highly rewarding play-to-earn game that provides true digital ownership to players. This means that whatever in-game resource players obtain, they own for real, which is not the case with other P2E games. Calvaria rewards players with the RIA token, which is its native cryptocurrency. Its presale has reached stage 4, which means 33.33 RIA tokens are available for $1 USDT. So far, Calvaria’s presale success and free-to-play version have made it people’s favorite P2E investment.
Conclusion
While Cosmos prices desperately need a support level to recover, the alternatives mentioned above pose as better investment options. Even though the broader market seems to be shedding billions, there is hope that you can profit by investing in emerging crypto presales.
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