ATOM

acecardx321

I haven’t been in this sub for awhile. I only hold BTC, ETH, & LINK. Can somebody fill me in on ATOM, ADA, & ALGO? How are those coins holding up?

falsomovimento

It carried my portfolio last year but I am not married to my bags and sold 2/3 of my tokens a few mobths ago to move to trending narratives and I am very happy about that decision. I consider what I have left as a second ATOM: price action being irrelevant and staked for airdrops.

SuccumbedToReddit

Lol @ ATOM at 20

fan_of_hakiksexydays

I'm sticking with just things with real utility, actual tech potential, and a solid record and history. ETH, Link, Dot, Ada, Cosmos (ATOM and Osmosis), Polygon, Monero, Algo, CSPR, and anything like that. None of them are perfect and have flaws. But they are at least aiming at providing something.

allintowin1515

Really shoulda thought more bout putting 70% of my holdings into ATOM a couple years ago 🥴

nthgen

I'm curious to see what ATOM will do during the next run-up. I could see a case of it approaching $100 and I can also see it failing to reach its previous ATH.

Grunblau

Sell or move… tired of missing out on geofenced airdrops. Unbonded my CDC Defi ATOM to move to my Cosmostation wallet or probably convert to AVAX.

nthgen

Does anyone know why ATOM is up 10% against Bitcoin today?

FoxtrotThem

Buying all the ATOM and Bitsong I can, see you in hawaii for the summer!

0x0000001B

CRO, ATOM, SOL, MOBILE, BIFI, CTC, AAVE, OSMOSIS. I can make a full list of RWA and utility tokens in you really want

redspidr

How much ATOM do you have to own to get a drop?

Django_McFly

Cosmos isn't a dying product. This is one of those times where it's important to specific. Token price != the project. $ATOM has probably seen it's best days and I wouldn't be surprised if it never reclaimed the ATH. The Cosmos project is alive and kicking. The biggest issue with $ATOM wasn't designed to capture any of the value or success that Cosmos has. They''re trying to correct that, years after tech and token launching, but they're haven't really been successful.

Crypto__Sapien

Heyy fellow crypto degen! I feel you on the ATOM sitch. It does seem to fly pretty under the radar despite having some decent fundamentals. From what I can tell, it's not necessarily a "dead" project, but maybe one that hasn't quite captured the hype and interest of the masses yet. Could be partly due to lack of aggressive marketing/shilling compared to some other layer 1s. That said, the tech seems solid and the price action has been relatively stable. At those entry prices, you're not exactly caught holding a massive bag. Who knows, with the right catalysts and exposure, it could potentially rip again during this next bull cycle. For now, I'd just hodl tight and see where the chips fall. It's a casino out there after all! Maybe do a bit more research, catch some alpha from the big brains if you really want to go deeper. But at the end of the day, we're all just dumb money looking to strike it rich, amirite? 😂 NGMI, but DYOR and all that. Here's to hoping ATOM gives us some juicy gains! 🍻

therestruth

I still think they have room to go. But ATOM specifically isn't as useful to me as osmosis or some of the other tokens that run on cosmos. The interoperability, low fees and quick tx are appealing with the DEX's and food number of airdrops and APY %. I've held a good portion of my stack the last 4 years.

Smiling_Jack_

The Cosmos ecosystem is a suite of technologies. There's the IBC protocol (think layer 0) for interchain communication. The SDK which is a standard kit for building chains (think Layer 1s like ATOM (Cosmos Hub), Cronos, Osmosis etc. And several other technologies. Projects can pick and choose what they want to use, but in general, the Cosmos ecosystem is a collection of sovereign chains that can talk to each other. Many, though not all by any means, are app specific chains, meaning an individual chain is created for the purpose of running a particular DAapp. The Osmosis chain, for example, was created for the Osmosis Zone Dex. ATOM (Cosmos Hub) is basically a prototype chain, a proof of concept. But nothing is built on it. There are no DApps running on the chain, that I am aware of at least. It is just one of countless L1s built in the Cosmos ecosystem, but it is NOT ecosystem itself. Just one of many chains in it.

conceiv3d-in-lib3rty

CDC runs on Cosmos, it has nothing to do with ATOM.

CryptoCryptonaire

The process involved with claiming air drops based on the ATOM you hold is extremely risky. They aren't just dropped into your wallet like they should be. Instead, you have to "claim" them, which usually involves connecting your wallet to a 3rd party wallet and accepting a smart contract. Huuuuge vulnerabilities in that.

asselfoley

I think the cosmos ecosystem with IBC is the best. IBC is being incorporated in a lot of places. Will it benefit ATOM? Who knows? I'll continue on the ATOM train

Queasy_Bookkeeper_92

I’ve always staked on exodus for years but have no idea how these airdrops work… they always sound sketchy and I have to give out my private keys or something. This has meant that I have not made anything from ATOM. Is there a secure way to collect these airdrops without making myself vulnerable to getting robbed?

camehere2

In my opinion, ATOM is a rocket sitting on rocket fuel right now. It just needs a pilot. It has strong teams behind it, is about to enable CosmWasm, and we recently cut loose the people that wanted to keep it minimalistic. Most important of all, everyone wants it to take off. It has a very strong community behind it that are now open to bringing on new initiatives. I think it could really take off this cycle.

pizza-chit

You only qualify for airdrops if you stake ATOM in a wallet

defiCosmos

The ecosystem is Bangin' Cosmos is way more than just $ATOM.

pizza-chit

I just got the SAGA airdrop worth $6k for holding a modest batch of ATOM. I still like it 👍

clean_pegasus

Cosmos is a very interesting project. They’ve got great tech. They are the first one to do the modular blockchain that Ethereum is currently working on. Some really good chains have come out of it. TIA, LUNA(it’s not cosmos fault do kwon fucked it up), osmo, etc. I think the coin is under valued. But that’s just my opinion I don’t hold any ATOM

Funnyurolith61

Absolutely true. Can vouch for this statement. ATOM should not be kept on an exchange. Withdraw out of it, provide liquidity on Osmosis, lend on Mars protocol, stake natively via Keplr, liquid stake on Stride and then farm on stAtom/Atom pair There's a ton of ways to make money on Atom, keeping on a CEX is a loosing game my friend

biba8163

> ATOM is far from dead, just the coin itself didnt move much. *Denial ain't just a river in Egypt, it's a national anthem for bagholders.* I wish I'd bookmarked some threads where people said - IOTA is not dead, the EU digital currency is going to be built on it - Stratis is not dead, the devs have been building through the bear market - NEO is not dead, they have the most developers and projects being built on it after Ethereum *No no no, you're paying too much attention to price and not the fundamentals, look at all the development happening...it's far from a dead project!* Nano, Icon and the Request Network were some of the most shilled projects on /r/cryptocurrency and people refuse to believe something they invested in was just hype and is now dead. NANO is not dead... > Don't confuse short term price action with long-term fundamentals. Nano works, ever better, and that's starting to be recognised https://np.reddit.com/r/CryptoCurrency/comments/qc21qm/honest_question_is_nano_dead_what_can_be_done_to/hhd7eug/ ICON is not dead... > You should check out what ICX has done, is doing and will do during these years....Agreed. Not even remotely dead. https://np.reddit.com/r/CryptoCurrency/comments/qgnsj0/which_cointoken_is_completely_deadnearly_dead/hih8v5b/ REQ is not dead... > They are definitely not dead, they are currently building an escrow system that will ultimately allow for invoice financing for projects in the crypto space....The team has a very practical mentality, focussing on product and adoption. Currently almost a thousand businesses are using Request to process their payments, adoption increasing almost exponentiall https://np.reddit.com/r/CryptoCurrency/comments/qlohgo/i_thought_req_was_dead/

Smiling_Jack_

It does not. Cronos is just another L1 in the Cosmos ecosystem just as Cosmos Hub (ATOM) is. ATOM, TIA, OSMO, CRO, are L1s built on top of the Cosmos technology stack.

senorcool

Does that include the entire cosmos ecosystem? I'm curious what just ATOM has...There's no way those numbers are just for ATOM. I guess including Neutron and Stride would be fine for ATOM ecosystem...

CointestMod

#Cosmos Con-Arguments Below is a Cosmos con-argument written by Shippior. > \[Cosmos\](https://www.coingecko.com/en/coins/cosmos-hub) (ATOM) is a Proof-of-Stake (PoS) blockchain. It is the center of the Cosmos networks, including Osmosis, Juno, Secret, Evmos and 50+ other independent L1 chains which are all connected, called Gaia. Something that is not known to many people is that the Binance Chain actually uses the same software as Cosmos and is thus in theory compatible with Gaia. However so far Binance has made the design choice not to enable it as to keep their authority over their BNB chain ATOM uses a Byzantine Fault Tolerance as main consensus in it's \[Tendermint consensus\](https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html). > > The main strongsuit of Cosmos is the use of \[IBC\](https://ibcprotocol.org/) (Inter-Blockchain Communication). It is a protocol that is integrated in the Tendermint Cosmos SDK that is used to trustlessly communicate between chains. This allows new chains using this SDK to quickly integrate into the entire network and make use of all the capabilities of the other chains. Bridges between different networks have shown to be a weak point in architecture with the \[Nomad hack\](https://halborn.com/the-nomad-bridge-hack-a-deeper-dive/) and the \[Wormhole bridge hack\](https://blog.chainalysis.com/reports/wormhole-hack-february-2022/) as recent examples. Therefore relying on IBC, which essentially are many bridges is a risk. So far it has been closely monitored. Many IBC connections to LUNC where disabled quickly after the crash to limit the number of funds siphoned from the other networks but serious TVL has been lost through the LUNC crash, NOMAD bridge exploit and Crypto.com crash from the Cosmos networks. The network effect does not only share the good things but unfortunately also the bad events. In October it was even reported that a critical issue in the IBC was found after a \[security audit\](https://cointelegraph.com/news/cosmos-co-founder-says-a-major-security-vulnerability-has-been-uncovered-on-ibc). It was quickly patched but one remains to wonder what happens is a critical exploit in IBC is not caught on time. > > Currently Cosmos has no native stablecoins in the network after the Luna crash took UST with it. The main dominance of stablecoins is from USDC through the Axelar bridge. Therefore the dependence on this Axelar bridge is very large. This has led to the call to have a native stablecoin in the Cosmos network. USDC is said to bring a native USDC version to Cosmos in the beginning of 2023. In the man time there have been popping up stablecoins left and right, most of them algorithmic backed. Examples are \[IST\](https://01node.com/ist-the-new-cosmos-stablecoin-built-on-agoric/), \[CMST\](https://blog.comdex.one/introducing-composite-a-collateralized-stablecoin-for-ibc-bc76e15fa2ec) and \[SILK\](https://scrt.network/blog/shade-protocol-silk-privacy-preserving-stablecoin). However the introduction of this many stablecoins have led to fighting over which one is best and has spread the liquidity of these stablecoins thin which make them vulnerable for depegging. > > Governance is an important part of Cosmos, it tries to enable self-governance and sovereignty. Though with the full Governance abilities that Cosmos brings it also brings a lot of infighting. In the Stargate Upgrade the Gravity Dex was envisioned. This was supposed to be the DEX for ATOM. However it was seen by the community as a sponsored DEX from the community pool that was to compete with the already existing DEXs in the Cosmos Hub like Osmosis and Sifchain. This led to the failure of Gravity Dex, which subsequently rebranded as \[Crescent Network\](https://app.crescent.network/). It currently sits at about $7mill Total volume locked (TVL) compared to $150mill TVL on \[Osmosis\](https://info.osmosis.zone/), the most popular DEX in the Cosmos ecosystem. > > Later on there was a lot of discussion around \[proposal #82\](https://www.mintscan.io/cosmos/proposals/82). As the previous roadmap had ended it was time to come to a new roadmap. ATOM 2.0 was the proposal that was pitched during the \[Cosmoverse\](https://cosmoverse.org/), the annual Cosmos conferential. The proposal included new tokenomics for ATOM that would increase the inflation on the short term to decrease it further more in the long term. Jae Kwon, one of the founders of Cosmos, called the proposal \[outright theft\](https://www.coindesk.com/tech/2022/11/11/cosmos-founder-jae-kwon-says-he-is-against-proposed-changes-to-atom-token/) from the community. > > However this leaves ATOM still without much value. Currently the main value ATOM provides is a store of value and it is often used as a criteria for receiving airdrops from newly launched chains but it has been passed left and right by chains that offer more utility than ATOM has. As long as there is no consensus about the new roadmap it is going to be difficult to add value to holding ATOM. Looking at it closely shows that it has little to offer that competitors like Ethereum, Polkadot and Avalanche do not also offer. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

CointestMod

#Cosmos Pro-Arguments Below is a Cosmos pro-argument written by CreepToeCurrentSea. > Cosmos is a decentralized network of independent blockchains that have the capability of scaling and operating with each other. The main goal of Cosmos is the creation of the "Internet of Blockchains" by which blockchains can communicate with each other in a decentralized manner. It's first blockchain, Cosmos Hub, has it's native token called ATOM which as a spam-prevention mechanism, as a staking token, and as a voting mechanism in governance. ([1](https://v1.cosmos.network/resources/whitepaper)) > > # PROs > > **Application Interoperability** > > * One of the issues in blockchain today is interoperable networks. Average users will always have trouble transferring assets from one network to another, often times it's so complex that they get the order wrong and won't get the assets back. Cosmos' Internet of Blockchains (IBC) provides the means of interoperability by creating "zones" and "hubs". Zones are considered regular various blockchains while Hubs are the blockchains that connect the zones. With this idea in hand you can think of a hub as a router while the IBC protocol is the standard of communication. ([2](https://v1.cosmos.network/intro#connecting-blockchains-together-ibc)) > > **Scalability** > > * Another common issue among blockchains is the ability to scale as usage, traffic, and users increases. Cosmos tackles scalability with two methods: > > 1. Vertical Scalability - Scaling of the blockchain itself with the help of COSMOS SDK > (*The Cosmos SDK is an open-source framework for building multi-asset public Proof-of-Stake (PoS) blockchains, like the Cosmos Hub, as well as permissioned Proof-of-Authority (PoA) blockchains. Blockchains built with the Cosmos SDK are generally referred to as application-specific blockchains.* [*Source*](https://docs.cosmos.network/main/intro/overview)*)* > 2. Horizontal Scalability - When a vertically-scaled blockchain reaches it's limit, multiple parallel chains will be running the same application and will be operated by a common validator set, making blockchains theoretically indefinitely scalable. Note that this is not a finished function yet and the result are still pending. > > * It is true that the issue with scalability is one of major ones if not the biggest to be faced in todays generation of blockchains, what COSMOS is offering in it's approach to the issue seems to be unique and effective in that it relies on technology behind the COSMOS SDK application. ([3](https://v1.cosmos.network/intro#Solving%20Scalability)) > > **Ease for Developers** > > * Developers are the one's mostly responsible for the birth of a blockchain and without their expertise none of this would even come to fruition. With Cosmos' Tendermint, developers will have more time to focus solely on the application-layer of the blockchain rather than the underlying protocols within a certain blockchain and thus saving them precious time. Tendermint enables developers to use it as a very flexible tool that is both secure and high performing without having to build a blockchain from scratch. ([4](https://v1.cosmos.network/intro#What%20is%20Tendermint%20BFT%20and%20the%20ABCI)) > > Source: > > [https://v1.cosmos.network/resources/whitepaper](https://v1.cosmos.network/resources/whitepaper) > > [https://v1.cosmos.network/intro#connecting-blockchains-together-ibc](https://v1.cosmos.network/intro#connecting-blockchains-together-ibc) > > [https://v1.cosmos.network/intro#Solving%20Scalability](https://v1.cosmos.network/intro#Solving%20Scalability) > > [https://v1.cosmos.network/intro#What%20is%20Tendermint%20BFT%20and%20the%20ABCI](https://v1.cosmos.network/intro#What%20is%20Tendermint%20BFT%20and%20the%20ABCI) > > [https://docs.cosmos.network/main/intro/overview](https://docs.cosmos.network/main/intro/overview) > > [https://blog.cosmos.network/understanding-the-value-proposition-of-cosmos-ecaef63350d](https://blog.cosmos.network/understanding-the-value-proposition-of-cosmos-ecaef63350d) > > [https://v1.cosmos.network/resources/faq](https://v1.cosmos.network/resources/faq) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

frogman202010

I personally held ATOM for a while but then I realised that it doesn't have much purpose other than airdrops. That coupled with the realisation that about 80% of the people holding ATOM is only for airdrops made me sell my holdings

iwishiremember

[CDC.COM](http://CDC.COM) Cronos runs on ATOM?

symonym7

Where do I check this? Been staking ATOM in Exodus for a while.

Smiling_Jack_

That's because the Cosmos ecosystem is not the Cosmos Hub blockchain (ATOM). ATOM is just another L1 like TIA, OSMO, etc. built on top of the Cosmos ecosystem technology stack. ATOM could literally disappear and it would have no effect on the rest of the Cosmos ecosystem. It really is just a mascot chain.

hl2889

I agree. I used to find it bullish that LUNA(😅), TIA, SEI, INJ, DYM etc were all cosmos projects but they really have no effect on ATOM

tonto515

Hopefully Stride will introduce that native stake option for other Cosmos assets soon, because it’s enormously useful for $ATOM. They only just pushed that feature a couple months ago and they’ve been onboarding new assets constantly.

tonto515

You can liquid stake your natively staked $ATOM on app.stride.zone and get $stATOM without having to wait for the 21-day unlock.

CryptoDad2100

The price of ATOM is not likely to increase much given that it has an infinite supply. It's memed as the stablecoin of the ecosystem. I have a good sized bag and treat it as a perpetuity kind of like I do with ETH (I sell the rewards and either cash them out or swap to other crypto ... forever). There are tons of Tendermint projects which have "better" tokenomics from a price appreciate standpoint (max supply) - you'll have to DYOR there fam.

No-Contribution9918

Assuming you're specifically referring to Cosmos Hub, then I wouldn't say it's "dead", but tbh there are more interesting Cosmos chains out there (e.g. Osmosis, Celestia, Cronos, and others). Cosmos Hub governance just passed a proposal for permissioned CosmWasm, which will make it so smart contracts/dApps will come to Cosmos Hub, thus giving ATOM more utility.

GoodNature33

Staking ATOM gave people TIA/ SAGA/ DYM airdrops and other more...each of them were high 4 figures, low 5 figure airdrops. ATOM is far from dead, just the coin itself didnt move much.

fan_of_hakiksexydays

Smart contracts aren't built on coins, they're built on the blockchain. In that case yes, smart contract are built on Cosmos. If you're asking if the ATOM coin is used in any related way to the dapps, yes. In the same way Ether is used in an integral part for all the Ethereum dapps, smart contracts, tokens, etc... work. ATOM is at the core of the network functionality and usage. It has all the same basic utility and network validation as Ether with all gas fees, transaction fees, network incentive etc... and it's at the center of the governance utility.

Smiling_Jack_

Are any of these smart contracts built on ATOM?

fan_of_hakiksexydays

The chain is actually Cosmos (ATOM is the name of the token not the chain). But it's OK, most people don't make the distinction between the chain and the coin, and everyone understand which chain they refer to. Lit Zellic Aleph DFNS Kado Code4Rena Meson Squid Liminal Xbanking Add3 Mantra Finance Rollkit Cobo Ziion and many more...

Smiling_Jack_

Name one DApp that runs on ATOM.

Smiling_Jack_

There are no projects being built on it. Nothing runs on ATOM. It's just a token L1 for the Cosmos ecosystem. Literally the only reason to hold it is for airdrops and if you think it can ride the coattails of other real projects in the ecosystem.

paulymat

it's always a nice day for some ATOM.

FoxtrotThem

Nice day for some ATOM and a fat line of Bitsong.

tobeydv

I asked, "What little known cryptocurrency has good technology innovation, adoption rate, team expertise, and regulatory environment?" The answer is slightly different from yours. OpenAI ChatGPT 4: Identifying a "little known" cryptocurrency that exhibits good technological innovation, adoption rate, team expertise, and a favorable regulatory environment requires looking beyond the top cryptocurrencies by market capitalization. Here are a few cryptocurrencies that might fit this criteria, although they may have varying levels of obscurity and risk: 1. **Algorand (ALGO)**: Algorand is designed to speed up transactions and improve efficiency, compared to older blockchain systems. It uses a Pure Proof-of-Stake (PPoS) consensus mechanism, which is designed to reduce the energy consumption associated with mining. Algorand is known for its strong academic roots and a team led by Silvio Micali, a professor at MIT and a Turing Award winner. 2. **Hedera Hashgraph (HBAR)**: Unlike traditional blockchain, Hedera Hashgraph uses a graph-based consensus mechanism that allows high throughput and low-latency consensus. Hedera has gained some adoption for enterprise use cases and is governed by a council of global companies, which includes Boeing, Google, and IBM, among others. 3. **Tezos (XTZ)**: While somewhat more known, Tezos is noteworthy for its on-chain governance process, which allows the protocol to evolve through community consensus rather than hard forks. This could potentially lead to a more stable and adaptable regulatory stance over time. 4. **Avalanche (AVAX)**: Known for its high throughput and low latency, Avalanche provides a platform for decentralized applications and custom blockchain networks. It is considered innovative due to its unique consensus protocols and has been gaining traction within the DeFi community. 5. **Cosmos (ATOM)**: Cosmos aims to solve some of the hardest blockchain problems related to scalability and interoperability. With its novel inter-blockchain communication (IBC) protocol, it enables different blockchains to exchange data and tokens with each other seamlessly. When evaluating cryptocurrencies, particularly less known ones, it's crucial to consider not just the technological aspects but also market adoption, the expertise and credibility of the team, and the regulatory landscape in which they operate. Each of these factors can significantly impact the potential success and longevity of a cryptocurrency. As with any investment, it's important to conduct thorough research and consider the associated risks.

Machete521

Stuff like: Offering alternate versions of blockchains (ADA, DOT) Inter-chain operability (LINK, ATOM, RUNE to name a few) Decentralized Fianance (ETH, ADA, DOT, etc.) Cleaning up data on blockchain (GRT, Arweave kind of?) Moons is earned (or formerly earned) by shitposting anf getting popular posts/comments. Its really no different than a shitcoin on solana.

Hurricane_Ivan

I'll be prioritizing the following (greatest to least): * LCX * QNT * LINK * XMR * ATOM Maybe a bit into LTC too.

purplecowz

Works for ATOM

biba8163

> If you are in "crypto" to make fiat, buy new cycle shitcoins. I was saying this in 2019 that new shitcoin scams like ATOM, DOT, etc were coming and not to hold on to your old shitcoin scams... > Don't worry, a new round of shitcoins will be coming with new hype. Soon people will be shilling about Cosmos, Polkadot, Hydera Hash, Fantom, Radix, etc. Some of these other coins that are in the top 25 will be gone the way Stratis, Golem, MaidSafe, Bitshares, SingularDTV which were in the top 25 at this time in 2017. https://np.reddit.com/r/CryptoCurrency/comments/bjohvq/daily_discussion_may_2_2019_gmt0/emd4p9j/ ...the thing now is there are literally thousands and thousands of shitcoins

Fuglypump

If ATOM goes to $1 I will be very sad

bahay-bahayan

So like what ATOM’s trying to do?

Imperialtech69

That's because ATOM's inflation is insane. Same problem with DOT.

GalcomMadwell

ATOM, I can't believe I used to have such high hopes for the COSMOS. Seems silly now

BoAndJack

Also ATOM one of the worst performing coins close to a new absolute low since '21 if BTC drops 5% more lol for rid of it at 11€ luckily... Really bittersweet but still not as bad as ADA I guess

Vegas_42

I'm going with a mix. BTC, SOL, AVAX, ATOM, FET, INJ, GRT, DOT and WIF.

HunterHunted

Where do you hold ATOM to get those airdrops?

Quixote0630

ATOM isn't the worst investment. It's practically a stablecoin with the added benefit of regular airdrops. Been holding my bag for 2 years and I'm only up 4% after the weekend dip, but getting TIA, DYM, and SAGA drops in the last few months has made holding worthwhile. Also, I reckon HBAR might be a slow burner. Its governance council is outrageous - Google, IBM, Boeing, Deutsche Telekom, Nomura, Dell, Standard Bank, LG + many more. Rarely in the limelight, but it's growing.

GabeSter

* ATOM / BTC at a new ATL * ALGO / BTC at a new ATL * **and... BTC is still at 62K.** Some people were telling me on my post yesterday - That ALT/BTC charts are disingenuous. What those people still don't realize is that if BTC continues to retrace lots of ALTS will be falling beneath their recent bear market lows.

Quixote0630

My TIA and INJ bags are down 15%. ATOM bag still green. Made over $2k in airdrops since February. Not phased.

LongMaybe1010

ATOM shit coins absolutely destroyed. So much for all that airdrop hunting hah

jspartanlee

I'd go with the first two options, but start with the second, so: First sell all your MOONs for more ATOM. Then sell all of your ATOM for MOONs.

Jabanger

I like DOT but it's like ATOM, great project terrible tokenomics and high inflation

nthgen

Anything that's not Bitcoin, including my only shitcoin holding: $ATOM

stealthtomatoe

Cosmos supporters do you hold ATOM or some coins on top of it like DYM, and if so, why?

Smiling_Jack_

ATOM isn't a layer 0. Nothing is built on it. It's just one of many L1s in Cosmos.

excubitor15379

What's in ur opinion biggest dissapointment coin that was sth last run: ADA, MATIC, DOT, XTZ or ATOM?

El_Demetrio

everyone bashing the op, but this is the most common denominator in crypto…otherwise we would all be rich. The bear market is ruthless and no one knows how low it’s going to get, and when most people invest huge amounts of money in a bull run they are hesitant to keep investing more, it’s called human nature. I was lucky I was an early investor in DIMO and used that airdrop on $20 dollar SOL, to try to diversity I invested evenly with ATOM and AVAX, guess what SOL was the only one that gave bull run results. In January I swapped my avax and atom for Bitcoin, good move, Got in at around 43k, but the better move should have been buying Bitcoin at the beginning instead of avax and atom. Live and learn, it’s the only way!

AncientProduce

I've received drops a lot (well into 5 figures) from just holding $ATOM (Cosmos) so that should also be on your radar.

Prestigious-Twist372

BTC, ETH, LINK, ATOM Strong Maybe: SOL, ADA, DOT

SineLinguist

In 20 years half of the crypto ecosystem will be running on cosmos sdk and ATOM will be trading at $12.50 give or take a few cents.

Stoopiddogface

Just rebalanced my portfolio... sold off all my cosmos bags except for ATOM and put them all into my AKT bag. Going into the bull holding BTC, ATOM and AKT...

Salvashunned

Got my alts loaded QNT AAVE ALGO ATOM LINK ETH

yessyussy

What happened to ATOM and the Cosmos chain? Seems like it hasn't gained any value back from the bear market after holding on strong for a while

donbindner

In past times of stress (i.e. when a lot of people have been making transactions, like February 2022) a lot of networks just failed to work. Algorand and Cosmos were two that did not fail. That made a big impression on me. If you're of a "not your keys = not your coin" philosophy, then you need a network that is going to work in times of stress. If you're using a network that effectively goes down with congestion, or becomes too expensive to use in the same scenarios, then you effectively have to keep your coins on a CEX or you'll never be able to use them when it counts. Granted, that's not necessarily the to-the-moon narrative, but I can see why people love ALGO more than making money (and ATOM for a similar reason).

mrNas11

Nah, after the whole LUNA fiasco, the Cosmos ecosystem has been affected by the network effects. Former ATOM / SCRT / LUNA / OSMO bag holder here.

Quixote0630

It looks a solid project. There's been some hype around it for a while. Main airdrop for ATOM and TIA stakers. Like TIA and DYM before it, I will probably stake it. Don't use Binance. Don't care what Binance users do with whatever they farm before Tuesday. But looking forward to seeing what the project can do.

Quixote0630

It's definitely stable, but dead? TBC I guess. I'm a massive fan of the Cosmos ecosystem. It's still super active in terms of development and governance. New project are utilizing the tech and still dropping to ATOM stakers. I'm comfortable holding for now. My ATOM bag is only up 40%, but I've made more than enough from airdrops to make holding it all this time worthwhile. TIA, DYM, with SAGA (looks like it might be another big one) and HAVA coming next week.

PeaceLoveComedy

Is ATOM dead? Seems like it just can’t recover & has been sadly one of the worst performers in my port - I want to believe in it, but I am debating converting to a project that is more likely to perform well in this bull run.

Smiling_Jack_

What features? ATOM doesn't have anything built on it. It's just a mascot chain for the ecosystem. It's main selling points were staking rewards, airdrops, and primary onramp for ecosystem liquidity. But the latter isn't even relevant anymore as plenty of other Cosmos L1s can be purchased on CEXs now. ICS could be a reason to own it, but personally I think that whole endeavor will be a nothingburger. Airdrops are the only reason I would ever suggest anyone hold any.

falsomovimento

FYI I don't recommend starting staking in the middle of bull if you have not been into it. It will take awhile to get good airdrops and locking your assets could cost opportunities. I would start doing that for the next bear. Unless you are deadset on holding ATOM. In that case staking is better than holding on exchanges and is very easy with something like Keplr wallet.

falsomovimento

Yeah... holding ATOM on exchange is like holding a stablecoin. It will go up if dumb money floods the market but there are far better bets.

fan_of_hakiksexydays

But long term, isn't it still gonna be ATOM that's gonna be more the go to coin to buy if Cosmos does well?

XChristoff

Hold and stake. Atom airdrops are the best, DYM and TIA gave me 2x my atom bag alone. Hopefully in the future the ATOM token itself gets some proper demand

fan_of_hakiksexydays

What's your reason for holding it? Is it for the tech/utility and the potential that has long term as an investment and more reliable holding? If that's the case, there's not gonna be too many better options than Cosmos. If you're just looking for quick gains or big upside just within this a bullmarket cycle, there's gonna be better options, but ATOM should still have some decent upside simply by having attractive tech features, not being at risk on tanking on tech failures.

Captain_Fredl

I just staked ATOM and was eligible for 2.6m Hava coins.. so yea

Anishinabeg

I'm at the point where every larger dip is another excuse to purchase. Grabbed a bit more ETH, BTC, DOT and ATOM today. Staking the latter two.

ThomasTheTrai

staking projects I really like, it's my contribution towards them, ATOM, DYM, GSWIFT mainly, have some other from cosmos ecosystem tho

ThomasTheTrai

staking projects I really like, it's my contribution towards them, ATOM, DYM, GSWIFT mainly, have some other from cosmos ecosystem tho

conlius

Just continuing to sit on my BTC/ETH bags. Play with a small chunk in L2 lending (stables) and liquidity pools (again, stables or stables paired with eth). Holding a real bag of ATOM for airdrops. Otherwise I keep some change parked on an exchange and have a few gambles on other coins that I don’t plan on holding long. I’ve consolidated a lot in the bear market and beginning of the bull. I used to hold a bunch of different stuff but like 90%+ of the portfolio is BTC/ETH and stables now. I’m bullish but also in my 3rd cycle. Took some profits last time but cautiously monitoring this run as I want the outcome to be me rebalancing out a bit to fund some more joy in life.

TexasBoyz-713

I split the money between FET and STX, both are in profit more than my ATOM bag ever was in the 2 years that I held it

Captain_Fredl

For what is the question. Everything is a gamble right now. ATOM was just a good stable coin

Captain_Fredl

I really dont know what to do with my ATOM bag.. its a really hate love relationship

Grunblau

ALGO, ATOM, XLM, XRP, and DOT are green and I don’t know how to feel about it…

h1way

it's funny that we can't really tell whether ATOM, ADA and all those other altcoins that were hot last bullrun and haven't really gone up a lot yet are yet to have their run or if abstract use case ideas and L2 don't matter this altseason. for what it's worth, i expect AI coins to continue to ouperform last altseason's darlings, and i don't expect much from my bags of ALGO, LRC, QNT and HBAR CKB has performed nicely though and i'm up 3X with LINK, too

lucamila5

Not at all healthy imo, the ATOM_BTC pair keeps hitting new lows and small pumps like yesterday die the very next day.

Disabledmage

$ATOM

sedplas

I remember reading through the similar posts last time around and ending up with bags of LUNA, ONE, LRC, SOL, ATOM, MATIC. All seemed lile reasonably good projects, They all made sense untill they weren't. I am back in green on SOL just recently, after 3 years. All the rest are red.