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Market

This altcoin could be booming this year simulating the movement of SOL and AVAX

January 6, 2022 - Around 2 mins mins to read

A prominent analyst has his eye on a potentially explosive ecosystem this year.

In a tweet with his general predictions for 2022, the analyst with the nickname Altcoin Psycho emphasized that Cosmos (ATOM) can grow as fast as Layer 1 platforms last year, such as Avalanche (AVAX) and Solana (SOL).

Next, the analyst mentions Osmosis (OSMO), a decentralized exchange (DEX) built on Cosmos. He cited a tweet from June 2021 in which he described osmosis as a “catalyst for the cosmos ecosystem” in order to to speak with its 390,500 followers that.

“Osmose has reached a new all-time high today and is 76th in terms of market capitalization.

The question is what will happen next. “

OSMO hits new ATH at $ 8.60. This altcoin, which hit above $ 4.50 last summer, sold off to $ 1.24 in July before hitting a September high of $ 7.38. Since then, Osmosis has seen a lot of volatility before breaking above the $ 4 region in mid-December.

Altcoin Psycho ends its discussion with some advice for Kosmos skeptics and supporters.

“No matter what you think of ATOM, the chance that you will receive airdrops from projects in the Kosmos ecosystem when you hold ATOM this year is huge.”

Total Value Locked (TVL) in Cosmos currently ranks second only to Osmosis at over $ 277 million.

altcoin-no

At the time of writing, ATOM is down 10.72% for the day to $ 36, and the 20th cryptocurrency started its own rally in mid-December, climbing from $ 20 to over $ 42 in the new year.

This altcoin hit an ATH of $ 44.42 in September.

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Altcoin

AVAX

booming

movement

simulating

SOL

year

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
Market

This altcoin could be booming this year simulating the movement of SOL and AVAX

A prominent analyst has his eye on a potentially explosive ecosystem this year.

In a tweet with his general predictions for 2022, the analyst with the nickname Altcoin Psycho emphasized that Cosmos (ATOM) can grow as fast as Layer 1 platforms last year, such as Avalanche (AVAX) and Solana (SOL).

Next, the analyst mentions Osmosis (OSMO), a decentralized exchange (DEX) built on Cosmos. He cited a tweet from June 2021 in which he described osmosis as a “catalyst for the cosmos ecosystem” in order to to speak with its 390,500 followers that.

“Osmose has reached a new all-time high today and is 76th in terms of market capitalization.

The question is what will happen next. “

OSMO hits new ATH at $ 8.60. This altcoin, which hit above $ 4.50 last summer, sold off to $ 1.24 in July before hitting a September high of $ 7.38. Since then, Osmosis has seen a lot of volatility before breaking above the $ 4 region in mid-December.

Altcoin Psycho ends its discussion with some advice for Kosmos skeptics and supporters.

“No matter what you think of ATOM, the chance that you will receive airdrops from projects in the Kosmos ecosystem when you hold ATOM this year is huge.”

Total Value Locked (TVL) in Cosmos currently ranks second only to Osmosis at over $ 277 million.

altcoin-no

At the time of writing, ATOM is down 10.72% for the day to $ 36, and the 20th cryptocurrency started its own rally in mid-December, climbing from $ 20 to over $ 42 in the new year.

This altcoin hit an ATH of $ 44.42 in September.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

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