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Cosmos Price Predictions For 2023. Could AltSignals’ ASI Token Outperform ATOM?

Cosmos Price Predictions For 2023. Could AltSignals' ASI Token Outperform ATOM?

Many investors are looking for the next big opportunity, with the crypto market looking bullish in recent weeks. Cosmos and AltSignals are two names that keep cropping up, but which one is the better investment? In this article, you’ll read some expert Cosmos price predictions and determine whether AltSignals could outperform ATOM in 2023.

Cosmos (ATOM) Has Gone From Strength to Strength

Cosmos, termed the “Internet of Blockchains,” is a revolutionary ecosystem designed to address the issues of interoperability, scalability, and security that have long plagued the cryptocurrency space. It effectively allows unrelated blockchains, like Bitcoin and Ethereum, to interact and exchange information with one another, opening up an entire world of new use cases and functionality. 

This incredible utility has put Cosmos ahead of the pack regarding price performance. While much of the crypto market has lagged behind in recent months, ATOM has posted plenty of bullish price action. From its June 2022 low of $5.55, it increased over 200% to $17.2 in September. Similarly, in mid-March, ATOM rose 31% from $10.29 to $13.48 over the course of four days.

A number of bullish developments on the chain will likely support ATOM’s future price performance. Independent blockchains can now purchase security from validators of the Cosmos hub, which will boost staking rewards for ATOM holders and bring more value to the ecosystem. 

Moreover, the Inter Blockchain Communication (IBC) protocol, which enables interoperability across Cosmos’ native blockchains, saw the number of projects built using its technology grow from 32 in Q4 2021 to 53 in Q4 2022. This is a sign that Cosmos’ adoption is picking up, and could drive future price growth.

Cosmos (ATOM) Price Prediction

Due to the bullishness surrounding ATOM, Cosmos price predictions for 2023 have been rising in recent weeks. ATOM is currently worth around $12, but many see it reaching at least $22 before the year ends. More optimistic Cosmos price predictions have been set in the $27 to $33 range, which seems possible given recent developments on the network. 

In a best-case scenario, some experts have even placed Cosmos price predictions at $39. If this occurs, then today’s investors could be up approximately 225%!

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