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NewsBTC 2022-09-11 06:26:25

Cosmos Touches Highest Point Since May As ATOM Expands 25%

Cosmos (ATOM) has managed to soar by 25% which is considered its highest point since the coin traded at around $15.70 on May 8. ATOM’s trading volume spikes by 89% in past 24 hours Cosmos’ NFT volume surged to $778,000 as seen on September 7 Cosmos 2.0 triggers 40% price pump for ATOM Even though the recent figures are far from ATOM’s ATH seen at $44.45, the latest developments seem to have revived investor trust and confidence. ATOM’s trading volume has also increased by 89% in the past 24 hours. However, ATOM’s dilemma is how to rally by taking the lead from the crypto king, Bitcoin (BTC). Based on ATOM’s on-chain metrics, it seems that there is no disparity between the negative and positive sentiments. It shows a balance with only a little difference spotted at 0.188, with the positive sentiment being 9.531. The negative sentiment remains at 9.413. NFT volume for Cosmos has spiked to $778,000 as observed on September 7. Related Reading: Crypto Words ‘Metaverse’ And ‘Altcoin’ Get Spot In Merriam-Webster Dictionary – Yeet! 5 Unique Wallet Addresses Buy ATOM NFTs The unique wallet addresses that purchased ATOM NFTs increased to five. On the other hand, both these metrics decreased while ATOM was in its glory in price hikes. More so, total NFT volume has nosedived to roughly $223,000 a few days ago, and at that time, the unique wallet addresses were limited to two. Judging by the four-hour chart of ATOM/USDT, the coin may hover...

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