Rank #60
atom Cosmos Hub
$ 4.51
0.00003856 BTC
3,856 satoshies
Market Cap
2,09 BN. $
24 Hour Trading Vol
112,12 MLN. $
Circulating Supply
464,22 MLN.
Total Supply
464,22 MLN.
Max Supply
-
Fully Diluted Valuation
2,05 BN. $
Low
Range
High
Info
Contract
0x0eb3a705fc54725037cc9e008bdede697f62
f335
Website
Explorers
Community
Search on
API id
Source code
tags
1h
24h
7d
1m
1y
max
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Cosmos Hub Price Statistics
4.51 $
4.39 $ / 4.74 $
112,12 MLN. $
#60
2,09 BN. $
44.45 $
-89.85%
17 January, 2022, (4 years ago)
1.16 $
288.79%
13 March, 2020, (5 years ago)
Cosmos Hub Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
Cosmos Hub Performance
Trading Pair
day
week
month
atom
/
usd
-3.42%
0.47%
-9.45%
atom
/
btc
-3.42%
0.47%
-9.45%
atom
/
eth
-3.42%
0.47%
-9.45%
About Coin
The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint (already used by platforms like ErisDB). Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture is a more general application of the Bitcoin sidechains concept, using classic BFT and Proof-of-Stake algorithms, instead of Proof-of-Work.Cosmos can interoperate with multiple other applications and cryptocurrencies, something other blockchains can’t do well. By creating a new zone, you can plug any blockchain system into the Cosmos hub and pass tokens back and forth between those zones, without the need for an intermediary.
While the Cosmos Hub is a multi-asset distributed ledger, there is a special native token called the atom. Atoms have three use cases: as a spam-prevention mechanism, as staking tokens, and as a voting mechanism in governance.
As a spam prevention mechanism, Atoms are used to pay fees. The fee may be proportional to the amount of computation required by the transaction, similar to Ethereum’s concept of “gas”. Fee distribution is done in-protocol and a protocol specification is described here.
As staking tokens, Atoms can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of Atoms staked. The more Atoms that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more Atoms there are bonded, the greater the economic security of the network.
Atom holders may govern the Cosmos Hub by voting on proposals with their staked Atoms.
Where is Cosmos Hub available for purchase?
You can exchange ATOM tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Cosmos Hub is HTX, notably the ATOM/USDT pair, which saw a trading volume of $ 34,72 MLN. in the past day. Additionally, Binance and DigiFinex are popular alternatives for trading tokens.
What is the highest value Cosmos Hub (ATOM) has ever reached?
Cosmos Hub (ATOM) reached its peak price at 44.45 $ on 17 January 2022, approximately 4 years ago ago. Presently, the current price is -89.85% lower than this all-time high.
What is the historical minimum price for Cosmos Hub (ATOM)?
The minimum price reached for Cosmos Hub (ATOM) was 1.16 $, documented on 13 March 2020, more than 5 years ago. In comparison, the current price is 288.79%, it above this historical low.
What is the fully diluted valuation of Cosmos Hub (ATOM)?
The fully diluted valuation (FDV) of Cosmos Hub (ATOM) stands at $ 2,05 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ATOM tokens. The realization of this FDV might take several years depending on the emission schedule of ATOM tokens.
How to add Cosmos Hub (ATOM) to MetaMask?
By integrating Cosmos Hub (ATOM) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import ATOM as a token. You can either manually import ATOM by copying its contract address (0x0eb3a705fc54725037cc9e008bdede697f62f335) or use MetaMask's Chrome extension to add ATOM with a single click through P.CASH.
How to add Cosmos Hub (ATOM) to TrustWallet?
Incorporating Cosmos Hub (ATOM) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include ATOM, you can either manually import it using the contract address (0x0eb3a705fc54725037cc9e008bdede697f62f335) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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