A trader under the pseudonym Inmortal is confident that one of the tokens, after a likely correction, can rise in price by almost 200%
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A trader under the pseudonym Inmortal predicted that the value of the Cosmos token could more than triple in the near future. According to him, if the price of the altcoin drops to $ 30, then this will be a good opportunity to buy it. According to the trader's forecast, after a likely correction, the Cosmos rate may exceed $ 100 (an increase of 181% from current levels).
On October 7, the Cosmos token is trading at $ 35.5. Over the past month, its value has grown by 40%, and its capitalization has increased to $ 9.9 billion.
Cosmos (ATOM) is a decentralized network of independent parallel blockchains that operate on the basis of Byzantine fault tolerance (BFT) algorithms. These blockchains are able to interact with each other through the Cosmos network called the "Internet of blockchains".