Top Cosmos (ATOM) ecosystem coins
Many coins are gaining momentum as the cryptocurrency market grows in popularity through the Cosmos (ATOM) ecosystem.
Recently, a prominent crypto analyst highlighted several altcoins in this ecosystem, predicting that they will skyrocket in the near future.
Top Cosmos Coins
Known for its desire to create a network of interconnected blockchains, Cosmos, its parent company ATOM, has a market cap of $3.9 billion. This modular framework simplifies blockchain technology for developers and facilitates seamless communication across different networks.
A prominent crypto trader who goes by the nickname Rekt Fencer has shared a list of coins that are “going to skyrocket this year” in the Cosmos ecosystem. The standout is Injective (INJ), an open blockchain optimized for decentralized finance (DeFi) applications, with a market cap of $3.4 billion. According to Fencer, the interoperability and focus on DeFi applications makes it promising for massive growth.
Celestia (TIA), another popular player, is a modular data availability network built with the Cosmos SDK. Its unique architecture provides a platform for developers to build decentralized applications and packages. TIA currently has a market cap of $3.04 billion.
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Additionally, the Cronos Chain, powered by its native token CRO, is a decentralized, open-source blockchain developed by Crypto.com. Its main business is supporting Crypto.com Pay, a mobile payment app, with a market capitalization of $2.25 billion.
Fencer also uses THORChain (RUNE), a decentralized liquidity protocol, which aims to enable the exchange of assets across different networks, ensuring asset protection remains with users. This innovative approach resulted in a market value of about 1.6 billion dollars. Meanwhile, dYdX (DYDX), a perpetual decentralized exchange (DEX) and credit platform with a market cap of $897.9 million, is a key asset in the Cosmos ecosystem.
Other Altcoins that work on ATOM
Rect Fencer cited DEX Osmosis (OSMO) on the Cosmos Network as it facilitates the exchange of tokens across different blockchains in the ecosystem. It has a market cap of $877.8 million.
In addition, KAVA has established itself as a significant decentralized blockchain platform by combining the speed of Cosmos with the developer power of Ethereum, reflected in its market cap of $833.5 million.
The analyst described Akash Network (AKT) as an open source, community-driven network that operates on a governance model similar to other open source projects. Its market cap is $641.9 million. Meanwhile, Fetch.ai (FET) combines AI, blockchain technology and machine learning to support “digital twin” applications with a market cap of $570.2 million.
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Other notables on the Richter fencer list include Axlar (AXL), with a market cap of $526.1 million, Terra (LUNA), with a market cap of $468.3 million, and Kujira (KUJI), with a market cap of $459.3 million.
Neutron (NTRN), Strid (STRD), Agorik (BLD), and Secret Network (SCRT) are on the list, illustrating the diverse and robust nature of the cosmos ecosystem.
Top Cosmos Tokens List
Here is a list of Top Cosmos Ecosystem Tokens according to Rect Fencer:
Injective Celestia Cronos THORChain dYdX Osmosis Kava Akash Network Fetch.ai Axelar Terra Kujira Neutron Stride Agoric Secret Network Stargaze Oraichain XPLA Endurance Cudos Task Evmos Sommelier CHEQD Network KYVE Passage Juno IRISnet Jackal Protoco Network Sentinel Chihu NG Teh Fund Decentr BitCanna Quicksilver Maya Protocol OmniFlix Network Quasar Finance
In conclusion, the Cosmos ecosystem provides fertile ground for a promising altcoin future. Rekt Fencer's focus on these coins provides valuable insights for investors and enthusiasts looking to explore the cryptocurrency market.
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