$ATOM: Coin Bureau Explains Why 2022 Could Be ‘A Big Year’ for Cosmos
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The host of popular crypto analysis and market commentary show Coin Bureau says that 2022 will be a big year for Cosmos ($ATOM), which is “an ecosystem of networks and tools for creating interoperable blockchains.”
Speaking in a recent YouTube video, Coin Bureau’s host “Guy” said he was bullish on Cosmos, predicting it would have a big year. As reported by The Daily Hodl, Guy said:
“For what it’s worth, I’m confident that Cosmos will find a way to add value to ATOM both inside and outside of its ecosystem. From where I’m standing, it looks like it’s focused on exactly that, the Vega update for example. I truly believe that 2022 is going to be a big year for Cosmos so long as we don’t enter another crypto winter.“
With regard to the price of $ATOM (the native coin of Cosmos), which is currently (as of 8:45 a.m. UTC on February 13) trading around $27.28, he said:
“Cosmos’ announcements, upgrades and developments have taken ATOM on a tear, but it’s only up about 50% since I last covered the project in September.
“Besides the general weakness we’ve seen in the crypto market since December, ATOM has tried and failed to claim the $45 mark three times over the last few months. Unfortunately, this means that it’s likely to see a lot of resistance if and when it approaches those levels again…
“As far as ATOM’s price potential goes, it’s hard to say. Cosmos is a large-cap cryptocurrency as it is, and this means it will be hard for ATOM to pull more than a 3x or a 4x before the bull market is over.“
Popular financial education show InvestAnswers is also bullish on $ATOM. In a recent YouTube video, the anonymous host of InvestAnswers told viewers that $ATOM looks “absolutely perfect” to explode in price. The show’s host predicted that the altcoin would increase by roughly 40% in the next month.
As reported by The Daily Hodl, he said:
“It’s pretty clear to me that we will hit $45 in probably a month or less. [ATOM] just looks absolutely perfect and set to skyrocket as we go forward. Not much selling pressure on the horizon and we should be able to get to that level [of] $45 which it hit four or five times in the last couple of months.“
Disclaimer
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
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