However, from a long-term perspective, anything below $5.60 should still be considered a good entry looking at the significance of the Cosmos ecosystem on the crypto markets in general when the bull market comes again. Any rally in the meantime towards $20 is likely to be met with strong selling pressure due as it would be a key resistance level, and existing $ATOM holders should look to take some profits towards the $20 range.
The Cosmos Hub and the Cosmos ecosystem have made great progress and are one of the more vibrant ecosystems in crypto today. As Cosmos grows, the amount of cross-chain transactions, interoperability, and composability will only increase as more innovative apps and features are made, which presents a bright future for Cosmos.
In terms of impact on stakers: The proposed new tokenomics in ATOM 2.0 whitepaper is not as exciting as we hoped it would be, especially if you are an $ATOM holder who has been holding onto your tokens since the beginning. However, from a long-term perspective, anything below $5.60 should still be considered a good entry looking at the significance of the Cosmos ecosystem on the crypto markets in general when the bull market comes again. Any rally in the meantime towards $20 is likely to be met with strong selling pressure due as it would be a key resistance level, and existing $ATOM holders should look to take some profits towards the $
The ATOM 2.0 whitepaper presents a solid roadmap and shows why the Cosmos Hub is here to stay. Although the proposed tokenomics are being debated, even if $ATOM price acts more as a public good than an investible token, if it helps to develop the rest of the Cosmos ecosystem’s modular blockchains, those are the areas where investors can look to invest in for better financial returns.
The proposed new tokenomics in ATOM 2.0 whitepaper is not as exciting as we hoped it would be, especially if you are an $ATOM holder who has been holding onto your tokens since the beginning. However, from a long-term perspective, anything below $5.60 should still be considered a good entry looking at the significance of the Cosmos ecosystem on the crypto markets in general when the bull market comes again. Any rally in the meantime towards $20 is likely to be met with strong selling pressure due as it would be a key resistance level, and existing $ATOM holders should look to take some profits towards the $20 range.
The Cosmos Hub and the Cosmos ecosystem have made great progress and are one of the more vibrant ecosystems in crypto today. As Cosmos grows, the amount of cross-chain transactions, interoperability, and composability will only increase as more innovative apps and features are made, which presents a bright future for Cosmos.
In terms of impact on stakers: The proposed new tokenomics in ATOM 2.0 whitepaper is not as exciting as we hoped it would be, especially if you are an $ATOM holder who has been holding onto your tokens since the beginning. However, from a long-term perspective, anything below $5.60 should still be considered a good entry looking at the significance of the Cosmos ecosystem on the crypto markets in general when the bull market comes again. Any rally in the meantime towards $20 is likely to be met with strong selling pressure due as it would be a key resistance level, and existing $ATOM holders should look to take some profits towards the $
The ATOM 2.0 whitepaper presents a solid roadmap and shows why the Cosmos Hub is here to stay. Although the proposed tokenomics are being debated, even if $ATOM price acts more as a public good than an investible token, if it helps to develop the rest of the Cosmos ecosystem’s modular blockchains, those are the areas where investors can look to invest in for better financial returns.
The proposed new tokenomics design to remove the infinity inflation is similar to the Carbon protocol’s $SWTH tokenomics that was already done 2 years ago. This may not be as exciting for existing $ATOM holders who were hoping for a more disinflationary model, but it does provide some level of consistency and familiarity with other successful projects in the space.
Overall, while the proposed new tokenomics may not be as exciting as hoped, the Cosmos Hub’s continued growth and development present significant opportunities for investors looking to invest in the future of interoperable blockchain technology.