bitcoin
Bitcoin (BTC) $ 52,023.94
ethereum
Ethereum (ETH) $ 2,979.17
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 354.33
solana
Solana (SOL) $ 107.37
xrp
XRP (XRP) $ 0.562673
staked-ether
Lido Staked Ether (STETH) $ 2,975.48
usd-coin
USDC (USDC) $ 1.00
cardano
Cardano (ADA) $ 0.614694
avalanche-2
Avalanche (AVAX) $ 38.22
dogecoin
Dogecoin (DOGE) $ 0.085373
tron
TRON (TRX) $ 0.138805
chainlink
Chainlink (LINK) $ 19.27
polkadot
Polkadot (DOT) $ 7.65
matic-network
Polygon (MATIC) $ 0.999183
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 52,083.95
the-open-network
Toncoin (TON) $ 2.22
internet-computer
Internet Computer (ICP) $ 13.61
shiba-inu
Shiba Inu (SHIB) $ 0.000010
uniswap
Uniswap (UNI) $ 7.49
bitcoin-cash
Bitcoin Cash (BCH) $ 263.73
litecoin
Litecoin (LTC) $ 69.57
dai
Dai (DAI) $ 1.00
immutable-x
Immutable (IMX) $ 3.47
kaspa
Kaspa (KAS) $ 0.178700
leo-token
LEO Token (LEO) $ 4.30
cosmos
Cosmos Hub (ATOM) $ 10.30
bittensor
Bittensor (TAO) $ 631.70
blockstack
Stacks (STX) $ 2.70
optimism
Optimism (OP) $ 4.10
filecoin
Filecoin (FIL) $ 7.58
ethereum-classic
Ethereum Classic (ETC) $ 26.86
hedera-hashgraph
Hedera (HBAR) $ 0.108214
near
NEAR Protocol (NEAR) $ 3.36
aptos
Aptos (APT) $ 9.54
stellar
Stellar (XLM) $ 0.117282
vechain
VeChain (VET) $ 0.044494
injective-protocol
Injective (INJ) $ 36.29
okb
OKB (OKB) $ 50.88
celestia
Celestia (TIA) $ 17.92
lido-dao
Lido DAO (LDO) $ 3.20
first-digital-usd
First Digital USD (FDUSD) $ 0.997648
arbitrum
Arbitrum (ARB) $ 1.97
mantle
Mantle (MNT) $ 0.762663
crypto-com-chain
Cronos (CRO) $ 0.090841
sei-network
Sei (SEI) $ 0.929182
render-token
Render (RNDR) $ 6.09
the-graph
The Graph (GRT) $ 0.240842
monero
Monero (XMR) $ 121.57
sui
Sui (SUI) $ 1.69

Top Cosmos (ATOM) Ecosystem Coins

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The cryptocurrency market is witnessing a surge in the popularity of the Cosmos (ATOM) ecosystem, with many coins gaining bullish momentum.

Recently, a noted crypto analyst highlighted several altcoins within this ecosystem, predicting their potential to skyrocket in the near future.

Top Cosmos Ecosystem Coins

Cosmos, renowned for its ambition to create a network of interconnected blockchains, has seen its native token ATOM reach a significant market cap of $3.9 billion. This modular framework simplifies blockchain technology for developers and facilitates seamless communication across various networks.

A popular crypto trader, known by the pseudonym Rekt Fencer, shared a list of coins within the cosmos ecosystem that are “set to skyrocket this year.” A standout is Injective (INJ), an open blockchain optimized for decentralized finance (DeFi) applications, boasting a market cap of $3.4 billion. According to Fencer, its interoperability and focus on DeFi apps make it a promising candidate for substantial growth.

Celestia (TIA), another prominent player, is a modular data availability network built with the Cosmos SDK. Its unique architecture provides developers with a platform for building scalable decentralized applications and rollups. Currently, TIA holds a market cap of $3.04 billion.

Read more: How To Evaluate Cryptocurrencies with On-Chain & Fundamental Analysis

Cosmos, Injective, Celestia Price Performance. Source: TradingView

Moreover, the Cronos Chain, powered by its native token CRO, is a decentralized, open-source blockchain developed by Crypto.com. Its main function is to support the Crypto.com Pay mobile payments app, and it has attained a market cap of $2.25 billion.

Fencer also noted that THORChain (RUNE), a decentralized liquidity protocol, aims to enable asset swaps across different networks while ensuring asset custody remains with the users. This innovative approach has led to a market cap of $1.6 billion. Meanwhile, dYdX (DYDX), a perpetual decentralized exchange (DEX) and lending platform with a market cap of $897.9 million, is a key asset within the Cosmos ecosystem.

Other Altcoins Running on ATOM

Rekt Fencer also mentioned Osmosis (OSMO), a DEX on the Cosmos network, because it facilitates token swaps and trades across different blockchains within the ecosystem. It stands with a market cap of $877.8 million.

Additionally, Kava (KAVA), merging the speed of Cosmos with Ethereum’s developer power, has established itself as a significant decentralized blockchain platform, reflected in its $833.5 million market cap.

The analyst described the Akash Network (AKT) as an open-source, community-driven network that operates on a governance model akin to other open-source projects. Its market cap has reached $641.9 million. Meanwhile, Fetch.ai (FET) combines AI, blockchain technology, and machine learning to support “digital twin” applications, boasting a market cap of $570.2 million.

Read more: Top 10 Cheapest Cryptocurrencies to Invest in January 2024

Other notable mentions in Rekt Fencer’s list include Axelar (AXL), with a market cap of $526.1 million, Terra (LUNA) at $468.3 million, and Kujira (KUJI), with a market cap of $459.3 million.

Neutron (NTRN), Stride (STRD), Agoric (BLD), and Secret Network (SCRT) also feature on the list, showcasing the diverse and robust nature of the Cosmos ecosystem.

List of Top Cosmos Ecosystem Tokens

Here is the list of top Cosmos ecosystem tokens, according to Rekt Fencer:

Injective
Celestia
Cronos
THORChain
dYdX
Osmosis
Kava
Akash Network
Fetch.ai
Axelar
Terra
Kujira
Neutron
Stride
Agoric
Secret Network
Stargaze
Oraichain
XPLA
Persistence
Cudos
Function
Evmos
Sommelier
CHEQD Network
KYVE
Passage
Juno
IRISnet
Jackal Protoco
Sentinel
Chihuahua Chain
Comdex
Aura Network
Nolus
Archway
Realio
Teritori
Planq
Desmos
BitSong
Teh Fund
Decentr
BitCanna
Quicksilver
Maya Protocol
OmniFlix Network
Quasar Finance

In conclusion, the Cosmos ecosystem presents a fertile ground for altcoins with promising futures. Rekt Fencer’s spotlight on these coins provides valuable insights for investors and enthusiasts alike who are looking to navigate the cryptocurrency market.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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