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.
Taken from: Cosmos Hub 2.0 Whitepaper
However, the proposed tokenomics is rather disappointing as we were hoping for a revamp that would make $ATOM disinflationary to follow in the narrative of ETH’s ultrasound money ideology. In fact, the tokenomics design to remove the infinity inflation is similar to the Carbon protocol’s $SWTH tokenomics that was already done 2 years ago.
Overall: 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.
Final Thoughts: The Cosmos Hub with its new vision of Interchain Security and Liquid Staking, along with the Interchain Scheduler and Interchain Allocator, will help with secure economic scaling and furthering the growth of Cosmos app chains and activities. While Interchain Security reuses the same validator set and staked collateral to secure additional state machines, Liquid Staking reuses the same staked collateral for other purposes. Together, they create a secure base layer for other Cosmos chains to build on, helping with secure economic scaling and furthering the growth of Cosmos app chains and activities.
P.S: If you want to learn more about Cosmos and Inter-Blockchain Communication (IBC), check out our previous article here!