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Cosmos (ATOM) Attempts to Break Out from Altcoin Pack

Published 09/10/2019, 03:13 AM
Updated 09/10/2019, 04:21 AM
 Cosmos (ATOM) Attempts to Break Out from Altcoin Pack

Cosmos (ATOM) broke out of the long slide in the past weeks, adding nearly 30% to its dollar price in a one-week period. The price in Satoshi made an even more dramatic move, up nearly 60% in the past days.

ATOM traded at $2.87, still far from its peaks above $7, and hovers around 28,000 Satoshi, down from highs above 70,000 Satoshi. The asset was one of the few to climb in the summer months, as other altcoins sank, but eventually, the altcoin bear market cut down the prices.

Now, ATOM is giving new hopes, as its price spiked on speculations of a Coinbase listing, as well as upcoming trading on Binance.US, the market that is expected to open within weeks. ATOM is also a relatively new digital asset, not encumbered by a lon...

This article appeared first on Cryptovest

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