ATOM Blows Up 10% After Significant Sell Pressure

Cosmos Hub’s ATOM token bursts into the scene after capturing some momentum from the market’s recent dismal performance. According to Coingecko, the token is up more than 10% since yesterday’s market overreaction. This is largely due to Cosmos’s continuous efforts to innovate despite the performance of the market which has now rebounded over 8% in the past 24 hours. Related Reading: Binance Coin In Turmoil: Nearly 10% Value Erased In Market Shake-Up This month, ATOM holders are eyeing several developments that will bring more attention to the platform. These developments might help push ATOM’s position in the market in favor of the bulls in the long run. New On Boards For ATOM And Other Achievements Although ATOM’s market performance leaves much to be desired, Cosmos Hub continues to move within the crypto community, bringing in value from across the space. Lava Network, a blockchain infrastructure platform, recently launched its mainnet while garnering a total of 50 billion network requests from its supported chains. The network was built using Cosmos’s SDK, giving a look-see for developers who might want to build on the platform. Lava is certainly on fire after its mainnet launch

Aug 6, 2024 - 22:00

ATOM Blows Up 10% After Significant Sell Pressure

Cosmos Hub’s ATOM token bursts into the scene after capturing some momentum from the market’s recent dismal performance. According to Coingecko, the token is up more than 10% since yesterday’s market overreaction. This is largely due to Cosmos’s continuous efforts to innovate despite the performance of the market which has now rebounded over 8% in the past 24 hours.

This month, ATOM holders are eyeing several developments that will bring more attention to the platform. These developments might help push ATOM’s position in the market in favor of the bulls in the long run.

New On Boards For ATOM And Other Achievements

Although ATOM’s market performance leaves much to be desired, Cosmos Hub continues to move within the crypto community, bringing in value from across the space.

Lava Network, a blockchain infrastructure platform, recently launched its mainnet while garnering a total of 50 billion network requests from its supported chains. The network was built using Cosmos’s SDK, giving a look-see for developers who might want to build on the platform.