About Cosmos
Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain. ATOM holders can stake their tokens in order to maintain the network and receive more ATOM as a reward.
Buy Cosmos
Trading Insights
Buyer Ratio
Traders
2.7K
-2.97%
Buyers
2K
-2.82%
Sellers
731
-3.31%
Searched
940
Market Stats
Market Cap
£1.51B
-2.75%
FDV
£1.51B
Circ. Supply
470M ATOM
Max Supply
Not enough data
Total Supply
470M ATOM
Diluted Valuation
£1.51B
Performance
Popularity
#53
Dominance
0.05%
Volume (24H)
£91.34M
48.18%
Volume (7D)
£651.59M
Volume (30D)
£1.64B
All time high
£33.28
Price Change (1Y)
-6.2%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Staked assets: Staked crypto-assets (e.g. staked ETH, staked ATOM) are locked on the relevant blockchain protocol in order to secure the network and earn rewards.
Slashing risk: By electing to stake your assets, you risk potential loss if the network penalizes your validator for malfeasance, whether intentional or due to software issues. Some staking service providers (including Coinbase) will reimburse slashing losses when the validator operator is at fault.
Liquidity risk: Some protocols require staked assets to be locked for a period or time, which can prevent you from accessing or selling your assets quickly. You can find further information on staking lock-up periods here.
APY not guaranteed: The yield or reward rate you get from staking your assets is determined by the relevant protocol and is not guaranteed and may vary over time. You can find more information on how our staking APYs are calculated here.
Protocol risks: Staking protocols are often continually evolving. Changes or updates to the consensus mechanism can introduce new vulnerabilities or unforeseen outcomes.
Additional details
Recent trends
The price of Cosmos has decreased by 0.90% in the last hour and decreased by 3.34% in the past 24 hours. Cosmos’s price has also fallen by 7.33% in the past week. The current price is £3.18 per ATOM with a 24-hour trading volume of £91.34M. Currently, Cosmos is valued at 90.44% below its all time high of £33.28. This all-time high was the highest price paid for Cosmos since its launch.
The current circulating supply of Cosmos is 469,559,460 ATOM which means that Cosmos has as total market cap of £1,508,876,850.87.
Market details
ATOM vs markets
↘ 48.07%
ATOM vs BTC
↘ 47.93%
ATOM vs ETH
↘ 43.94%
Tags
platform
communications-social-media
content-creation
defi
+3
Network & Addresses
Network | Address | |
|---|---|---|
Cosmos | NA | |
Ethereum | 0x8D983cb9388EaC77af0474fA441C4815500Cb7BB | |
Polygon | 0xac51C4c48Dc3116487eD4BC16542e27B5694Da1b | |
Osmosis | IBC/27394FB092D2ECCD56123C74F36E4C1F926001CEADA9CA97EA622B25F41E5EB2 |
Price history
Time | Price | Change |
|---|---|---|
Today | £3.18 | ↘ 3.34% |
1 Day | £3.31 | ↘ 3.34% |
1 Week | £3.43 | ↘ 7.33% |
1 Month | £3.30 | ↘ 2.54% |
1 Year | £3.45 | ↘ 6.20% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Cosmos, denoted by the ATOM token, is a decentralized network that aims to address certain issues in the blockchain industry. It proposes a solution to the limitations of proof-of-work protocols, such as slow transaction speeds, high costs, scalability issues, and environmental impact. Cosmos aims to create an ecosystem of interconnected blockchains, simplifying the technology for developers by creating a modular framework and facilitating communication between different blockchain networks. The ATOM tokens, obtained through a hybrid proof-of-stake algorithm, play a vital role in maintaining the security of the Cosmos Hub, the project's primary blockchain, and in the network's governance.
Cosmos operates on a three-layered network: the application layer, the networking layer, and the consensus layer. The application layer processes transactions and updates the network's state, the networking layer enables communication between transactions and blockchains, and the consensus layer helps nodes agree on the system's current state. Cosmos employs a set of open-source tools to connect these layers and enable developers to build decentralized apps. The network uses a proof-of-stake consensus algorithm, where validator nodes that stake a higher quantity of ATOM tokens have a higher chance to be chosen to verify transactions and receive compensation. Nodes found to be acting dishonestly can be penalized by losing their staked tokens.
Cosmos aims to address the fragmentation in the blockchain industry by enabling communication between different blockchain networks. It seeks to make blockchain technology more accessible and less complex for developers, allowing them to build networks using existing chunks of code. This modularity could potentially make the construction of complex applications more straightforward. Cosmos also prioritizes scalability, with the goal of processing a higher number of transactions per second compared to some traditional blockchains. This could potentially pave the way for mainstream adoption of blockchains, as they aim to handle demand comparable to existing payment processing companies or websites.
The origins of Cosmos can be traced back to 2014 with the founding of Tendermint, a core contributor to the network. In 2016, a white paper for Cosmos was published, and a token sale was held the following year. The co-founders of Tendermint, Jae Kwon, Zarko Milosevic, and Ethan Buchman, played a significant role in the development of the Cosmos ecosystem. Kwon, who stepped down as CEO in 2020 but remains as principal architect, was replaced by Peng Zhong. The Cosmos Hub, the first blockchain established on the Cosmos network, was designed to function as a mediator for all the unique blockchains within the network, known as "zones". The Cosmos software development kit (SDK) was also created, allowing developers to use Tendermint's consensus algorithm to create blockchains.
We update our Cosmos to GBP currency in real-time. Get the live price of Cosmos on Coinbase.
The current market cap of Cosmos is £1.51B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Cosmos is £33.28. This all-time high is highest price paid for Cosmos since it was launched.
Over the last 24 hours, the trading volume of Cosmos is £91.34M.
Assets that have a similar market cap to Cosmos include Render (ERC-20), Render, Pudgy Penguins, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Cosmos is 470 million.
Cosmos ranks 16 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 98% of Coinbase users are buying Cosmos. In other words, 98% of Coinbase customers have increased their net position in Cosmos over the past 24 hours through trading.
Yes, Cosmos is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Cosmos guide.
Cosmos news
Trending articles
Social stats
Popularity in posts
#166
Contributors
7,611
Posts
11,356
% About Cosmos
0.133%
Articles
13
Hold times
0 days
X (Twitter)
55.55% bullish
Sentiment
4.4 ★
Highlights
7,611 unique individuals are talking about Cosmos and it is ranked #166 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Cosmos has an average sentiment score of 87 out of 5. Finally, Cosmos is becoming less newsworthy, with 13 news articles published about Cosmos.
On Twitter, people are mostly bullish about Cosmos. There were 56.97% of tweets with bullish sentiment compared to 2.57% of tweets with a bearish sentiment about Cosmos. 43.03% of tweets were neutral about Cosmos. These sentiments are based on 4646 tweets.
On Reddit, Cosmos was mentioned in 374 Reddit posts and there were 14005 comments about Cosmos. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.