ATOM

biba8163

| 💎🙌 | Year-To-Date | |:-----------|------------: | ADA | -43%| | AVAX | -38%| | LINK | -30%| | DOT | -50%| | MATIC | -61%| | HBAR | -42%| | ATOM | -61%| | ALGO | -44%|

rsicher1

ALGO, MATIC (now POL), ATOM, DOT Wish I had put that money somewhere else. Anywhere else.

GreenStretch

Ha, all over the damn place is right. I had some ATOM last cycle and sold the staking rewards close to the peak. Still have some and have been staking ever since.

DetroitMM12

Yea the biggest issue with ATOM is they never found a way to monetize the SDKs use which has shown to be a huge detriment to its value.

BuyETHorDAI

Atom should have become the ETH of the Cosmos ecosystem. Instead, the Cosmos Hub has been effectively abandoned due to infighting. It's actually pretty sad, because Cosmos had a chance to be a real competitor to Ethereum. I've held 3-5% of my stack in ATOM as a hedge against ETH being dominant, but right now this is no longer a hedge. Although, this may change in the future, but its basically gambling at this point because it seems pretty dead these days.

Dfranco123

ATOM just keeps going lower. Wild. BTC is about to test the support from yesterday in a bit. 🫡

Soil_Electronic

ATOM lower in price than DOT? crazy times..

camehere2

Cosmos Hub is going through a transition right now to being the "best place to launch a chain." Essentially the Hub is going to focus on doing what their core dev team is already great at- improving the tech stack and services for projects. It will be in some ways similar to AWS. They offer, maintain, and improve the infrastructure and services for consumer chains, and the consumer chains pay in fees that go to ATOM validators and stakers. And there's ongoing discussion of potentially using those fees to buyback and burn ATOM, which I support. The reason everyone is saying ATOM doesn't do anything is because all of the utility is launching this and next year. Partial Set Security, Hydro, the Forge....all on the near-term roadmap. And there are projects lining up to launch with them including Evmos, Pica, Elys, Mars, and a bunch of others using Neutron. My biggest concern as an ATOM holder is that there's little to no marketing or community engagement effort. They're straight up just terrible at strategic communication.

Sultanofsawdust

Can someone ELI5 ATOM's inflation?

Dapper-Natural-4627

No, it is not relevant anymore. It was during the days when L2s were new and experimental, people were discussing if Cosmos App Chains offered an alternative. App Chains are here to stay, dYdX already launched, AAVE launching in 2025. Yet, none of these is ever relevant to ATOM. Celestia and ATOM tokenimica revamp revived some interest, but tokenomics change was a lackluster.

rsicher1

I loved you ATOM

BsdFish8

If you are looking at ATOM, I also recommend OSMO and AKT. Token price may not pay off, honestly, but the dex and VM infrastructure they give you access to are pretty great.

Maleficent_Sound_919

OP stop shilling your $20+ bought ATOM shitbag

adamaid_321

If you stake the coins w/ high inflation (ATOM, DOT etc.) then, if the overall market cap remains constant, you do well - essentially taking relative value from those that can't or don't want to stake. Still a bet on the ecosystem as well of course - both chains have been around for a while and are relatively sticky for projects that are deployed on them (since they're only partially EVM compatible), but both also have struggled to get traction outside of somewhat niche use-cases that don't really drive token prices.

Mission_Department12

I have an ATOM at my Keeplr. I stake it for a year now. I hope there are something big about this coin.

jaemoon7

Well, since this cycle began, many other alts have hit close to their highs from last cycle (ETH- ATH $4800- was over $4k for a bit this past year, SOL- ATH $260- was over $200, etc). ATOM- ATH $45- hit $15 this cycle. To me it seems like a coin that is dying, tbh. In the 23/24 cycle many other alts were riding high with BTC, but ATOM never picked up much steam. Obviously you never know what could happen, but it’s a bad sign if a cycle has seemingly come & gone (maybe is still going, depends who you ask) and the coin has done nothing.

pizza-chit

My ATOM has paid for itself a few times over with airdrops. Still holding it

Same_Cardiologist647

If you wanna buy this is the best time to buy, fundamentally ATOM is a great project. I don't know how high it will go but it will do a few multipliers...

Dazzling_Marzipan474

I've held ATOM and DOT for years now. I still don't even know what I can do with them other than stake and lose money. If they hit $15 I'll dump em

Familiar_Television1

I would buy something with a fixed supply. I’m more than 50% down on ATOM despite restaking daily.

No-Contribution9918

There is not much to do on Cosmos Hub besides stake and vote, which aren't strong usecases unless you're airdrop hunting, but even then the value of the airdrop might not make up for the loss in the price of ATOM (which is also is quite inflationary). Cosmos Hub has not even supported smart contracts until early this year, and even then it is permissioned (meaning it has to go through governance).

CorneliusFudgem

People really equate high APY with good tokenomics If an APY is high, it means the token is inflationary. It erodes value extremely quickly Avoid coins with high APY (ATOM, DOT, DYM, SAGA, TIA). Take note most are IBC chains with absurd VC investors and constant sell pressure (from staked assets and bad vesting unlocks).

leavesmeplease

I get the concern about inflation with ATOM. It can feel like the more you stake, the more you're just losing ground slowly. It’s like trying to keep your head above water in a sinking ship, not super comforting. Cautious optimism seems to be key here; check how the devs are utilizing that ecosystem if you're considering investing. Just keep an eye on how those rewards stack up against potential inflation.

osogordo

Not sure about ATOM, but the Cosmos SDK is pretty popular.

PM_Me_Your_Mustash

When I saw ATOM listed to Uphold I knew it was torched.

Elegant_Tale_3929

XRP and ATOM are mine. 😓

rsicher1

MATIC and ATOM were two of my big alt bets Boy they are looking unhealthy

Grunblau

Agree about infinite number of alts…. Should redefine who can hold “unregistered (digital) securities” and then begin rubber stamping some of the main chains. BTC, ETH, but also AVAX, ALGO, ATOM, DOT, XLM, XRP, and maybe SOL…. Would just need a no action letter

Dazzling_Marzipan474

Hello, ALGO, DOT, ATOM

TexasBoyz-713

How low do you think ATOM goes?

Accomplished-Ad8427

Portfolio №1 (low-risk): 1. BTC (Bitcoin) - 30% 2. ETH (Ethereum) - 20% 3. ADA (Cardano) - 15% 4. ATOM (Cosmos) - 15% 5. AVAX (Avalanche) - 12.5% 6. LINK (Chainlink) - 7.5% For medium-risk and high-risk (more profitable) portfolios, DM me 😉

pyxploiter

what happened to ATOM?

TexasBoyz-713

Definitely a no on the ATOM for me

Iksf

cudda been shorting ATOM tho

crypto_zoologistler

Cardano’s down 88.2% AVAX down 83.5% DOT down 91.6% Uniswap down 84.5% Polygon down 84% CRO down 91.1% Filecoin down 98.3% Arbitrum down 78.7% ATOM down 89.4% GRT down 94.1% Virtually all alts are waaaaaaay down on their ATH right now

Extreme_Nectarine_29

>ATOM holder here since 4 years🫡😄😫 What’s your plan?

Captain_Fredl

ATOM holder here since 4 years🫡😄😫

TxBcrypto

Polygon in an ETH Layer 2 and was built to scale ETH. And lol at “mistakenly called an L2 by A LOT”. So everyone is a clown. If Polygon was a L1, it would have addressed separate from Ethereum addresses beginning with 0x A Layer 1 is Solana, BSC that is its own blockchain and not built on top of another chain. A Layer 3 chain is something built on top of an L2, like XAI. Similarly ATOM /COSMOS is a Layer 0 blockchain. Your concepts are not in place and calling something ETH FRIENDLY absolutely makes no sense. And what has MAINNET got to do with any project being a L1, L2 or L3? Any chain that is functioning stage and has tokens deployed will always be on Mainnet, not on TESTNET.

bitcoin_islander

Staking for ATOM in Exodus wallet is 14% right now. If you're going to buy alts and stake at least make it so that the reward is high enough.

noviwu97

Most people do native staking to hunt for potential airdrops. But airdrop meta kinda dead now. My ATOM and TIA staking already pays for itself multiple fold, but haven't got anything from SUI. So it's mostly gambling.

Xero-Max

Coinbase, Kraken and Binance run validators (ETH, ADA, DOT, ATOM, etc), making money from centralized AND decentralized staking. Same goes for Wallet providers: Talisman, Keplr, Ledger, cosmosation, and the list goes on.

Dazzling_Marzipan474

And ATOM

bitcoin_islander

The government doesnt print money, it borrows it from the Fed, which prints money. Also, Luna wasnt an obvious scam with its 20% at the time. ATOM had a 20% staking returns during same period and is still standing now at 14% staking returns. Not everything offering a high return is a scam, despite what this sub likes to cry. People thinm crypto overall is a scam because they hear it on the news. Well, let them. More bitcoin for the rest of us. We are now in the years where 1 bitcoin is no longer attainable for the average person. Everyone knew this was coming, everyone who knows about properties of sound money that is.

TheSmoothPilsner

ATOM, BONK, and RNDR are all good for a 5x IMO. Just a matter of when

rsicher1

MATIC, ATOM, DOT, LINK... You're breaking my heart

MinimumFinancial6143

I feel we haven't even started yet. Q4 has a history of positive price action in the market. Although it might not bring the huge market movement people are expecting, the remainder of the year still holds potential. So, the best strategy is to start accumulating the top altcoins now while there is fear in the market. I'm keeping an eye on ETH, ATOM, INJ, as well as the upcoming Rivalz Network token, RIZ, which is expected to go live in Q4.

Carterlil21

Subjective. If you need the money for school, don't invest it in a short term risk asset. If you are actively working to support yourself, 5-15% of paycheck into BTC would be a great long term play. My $30 per week student employment investments have turned into 10-15k after half a decade. My advice would be to stick with Bitcoin. Other cryptos offer great potential and excitement, but unless you sell at the exact right time, Bitcoin will simply outperform. Rip ATOM

Dazzling_Marzipan474

Is anyone actually up a decent amount that got in last cycle? I'm like even or +/- 10%. And I went all in when FTX crashed with a good chunk of cash. DOT and ATOM are wrecking my whole portfolio. I'm about even on ADA, I'm up like 60% on ETH and 100 some on BTC.

biba8163

IOTA is a window into so many of these hyped projects people fell for. It's -80% of its June 2017 price when it entered the market and most people have abandoned ship but you'll still find many people saying the team has been working hard, developing partnerships, working with the European Union, etc. All the hyped tech coins that came out 5 years ago are at a loss and below 2019 prices and just like IOTA people will continue to hold bags even though the writing is on the wall. - XTZ is down ~-50% since 2019 - ALGO is down ~-50% since 2019 - HBAR is down ~-50% since 2019 - DOT is blow 2019 price level - ATOM is below 2019 price level

DBRiMatt

Scammers are scum. Unfortunately multiple wallets were impacted including the loss of all those moons, reddit avatars, 600k DONUT, ATOM and various other smaller balance tokens. Really sucks for a long term community member.

Evil_Goomba

ATOM

KimNeiAssnKluusMiet

Only BTC right now 🤷‍♂️ But I'm pretty sure that if I sold ATOM or something like that today, we'd instantly see a god candle within hours haha

TexasBoyz-713

That was my story for ATOM

biba8163

I don't know how you guys go to sleep with heavy or 100% Alt holdings at this point in the cycle. - After being down -90% since 2021 all the coins with greatest tech and use cases like ALGO, ATOM, DOT, HBAR, etc ....are like another -50% since the beginning of 2024 - XRP which has some fictional use case to save banks trillions of dollars is below 2017 price level - ADA which was going to digitize documents, tracking and identification in Africa is below 2018 price level - LINK which is supposed to create decentralized oracles to connect the real world to the blockchain is -50% from 2019 price level And people holding these coins say, wait until BTC goes on a bullrun then we'll be rewarded. Even the biggest idiots should realize by now these projects are nothing but bullshit hype narratives when BTC is the only thing that can hope to make the coin's value rise.

Dazzling_Marzipan474

I'll be happy at 80k BTC, 4k ETH, $1 ADA, $1 MATIC, $15 DOT, $15 ATOM, $0.50 KAS and for all my ALGO holders $1

fatlever2

It's kind of crazy to think that it's been a completely different year for a lot of people. Some have made 40-50% for the year while other are like -40-50%. | Coin | Year-To-Date | |:-----------|------------:| |BTC |37% |ETH |13% |BNB |61% |SOL |44% |XRP |-7% |Doge|11% |ADA |-45% |TRON |20% |AVAX |-47% |LINK |-32% |DOT |-44% |Matic |-58% |KAS |42% |HBAR |-37% |ATOM |-54% |VET |-56% |ALGO |-50%

camehere2

Capital will flow BTC >> ETH >> Alts. That's why there's "seasons." Solana is just an outlier and will likely hit its top early bc of it. Coins like ATOM will hit their tops at the tail end of alt season.

fatlever2

> "cars can't keep up with planes. are cars doomed?" we're comparing crypto price performance. It's like saying you noooo, you can't compare Nvidia stock performance to McDonalds, one is making microchips and the other is selling burgers. If the goal is to make money, you can absolutely compare performance of investments. Here is the Year-To-Date performance of loved/hated coins: | Coin | Year-To-Date | |:-----------|------------:| |BTC |37% |ETH |13% |BNB |61% |SOL |44% |XRP |-7% |Doge|11% |ADA |-45% |TRON |20% |AVAX |-47% |LINK |-32% |DOT |-44% |Matic |-58% |KAS |42% |ATOM |-54% |ALGO |-50%

moonshot214

This post brought up a lot of memories haha. I’ve been through so many alt phases-from XLM to IOTA, ATOM to ADA , LINK and so many more. In each case, I loved the project, did my own research, hodled and yet none of them have ever panned out like BTC and ETH. I’ve been in since Fall 2017 and I’ve made my initial investment many times over, taken profit, helped my family, splurged here and there and I still am pretty happy with my bags. But my timing usually sucks whenever I do try to trade and I’m too emotional of an investor to deal with alts anymore. After this run I’m selling them all for the top two. Then I hodl to the moon.

jawni

frankly I would start by ditching cosmos and going for solana airdrops because you're gonna have to hold ATOM(or an equally shitty asset) or SOL to qualify for the airdrops and I'd feel a hell of a lot more comfortable holding SOL and the airdrops on SOL have been far more lucrative.

OnigiriHunter

Looking to get started with Cosmos Airdrops. I only hold ATOM. Any good resources? I’m a total noob

CommonSensei-_

I hold a small amount of xrp. ( BTC, ETH, DOT, ATOM , Algo, and a lil AVA) But this gives me reason to buy a little more. Beating the government , the major adversary is worth my patronage and a strong sign. Who’s with me?!?!?!

biba8163

True but the market gives you indicators of who the sure losers are: After being -90% since 2021 ALGO, ATOM, DOT, HBAR, etc ....are like another -50% since the beginning of 2024. The thing these chains all have in common are predatory tokenomics without any demand for the token. Doubling down on losers and buying dying projects from previous cycles is a great way to keep losing more money

biba8163

Alts that were -90% from 2021 like ALGO, ATOM, DOT, HBAR, etc ....are like another -50% since the beginning of 2024. Doubling down on losers and buying dying shitcoins from previous cycles is a great way to keep losing more money

Extreme_Nectarine_29

>bought DOT at 28 and ATOM at 40 and staked them on a CEX for 14% and 20% returns. Did the same, except the small detail of selling. So much regret. The inflation on DOT is too much.

LrnFaroeseWthBergur

I bought DOT at 28 and ATOM at 40 and staked them on a CEX for 14% and 20% returns. Got rid of both over a year ago, traded for BTC and that helped me recuperate about half of my losses, but still far from all. Good luck with the DOT, I hope you'll do better than I did.

Dazzling_Marzipan474

Yup, I just installed my fkn DOT and ATOM to sell and rebuy. Idk if I'll even rebuy them, they're inflationary garbage. I might just sell them and buy more BTC or KAS. I think I'm going like 70% BTC 5% ETH, 10% KAS and 10% ADA, 5% cash for dips

Captain_Fredl

yea ATOM is amazing haha

biba8163

If your shitcoin is at a loss after 5 years, the market might be giving you a clue. If you don't know what the clue is, you shouldn't be in the market. You'll just continue to lose money. - LTC is at 2013 price level - XRP is at early 2017 price level - ADA is below early 2018 price level - DOT is below 2019 price level - ATOM is below 2019 price level - LINK is -50% 2019 price level

Fun-Memory1523

BTC maybe. Eth maybe. Stable coins are stablecoins. Everything else is now 2022 levels with some even worse than that (fkn ATOM). I have no hope for the altcoin market. Wish I could buy more, but now I'm forced to sit by and watch my portfolio melt.

biba8163

- LTC is at 2013 price level - XRP is at early 2017 price level - ADA is below early 2018 price level - DOT is below 2019 price level - ATOM is below 2019 price level - LINK is -50% 2019 price level If your shitcoin is at a loss after 5 years, the market might be giving you a clue

biba8163

ATOM, DOT, HBAR, etc Bagholders. **Don't fight the Shitcoin Circle of life.** I've been warning noobs and the gullbile since 2017/18 bear market. All the dogshit you hold are token dumps where the circulating supply has gone up insane amounts since ATHs. So when the circulating supply of tokens with no utility, no use case and no demand increases that much there is no way they reach ATHs again. 2019 > 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/ 2023 > I predicted new shitcoin scams like Cosmos, Polkadot, Hydera, Fantom, etc did pump. And expecting these scams to be around in a few years is just as foolish as those people in 2019 who were expecting Stratis, NEO, IOTA, EOS, etc to be around https://np.reddit.com/r/CryptoCurrency/comments/17506yp/daily_crypto_discussion_october_11_2023_gmt0/k4ecz87/

kirtash93

Time to sell my kids and wife to buy some more crypto. I am a degen so I will buy, MATIC, ARB, LINK, ATOM, DOT, ADA and ALGO.

JustComfortable2174

What about KSM, Link, DOT, ATOM?

rsicher1

MATIC and ATOM have been so disappointing Knees weak bags are heavy

Agreeable-Collar-489

Why does no one lime $ATOM? I got back into crypto and everything requires ID validation but ATOM has the levana project which has been a great way to have margin trading in the US! Just VPN to mexico and we are A-game

Every_Hunt_160

The r/cc most favourite altcoins are having a really rough time this year MATIC at sub 50 cents ATOM dropping out of top 50 And of course the all-time favourite Algo, still 97-98% down from ATHs I have all of these in my bag thanks to you guys. A pleasure losing money together!

Smiling_Jack_

ATOM almost out of the top 50. ShockedPikachu

abesWaves

how do you view crypto? Most dominant is BTC. ETH secured ETFs, Solana performing well considering $8 low. The rest of alts with a few exceptions are just not performing at the same level? On the lower end some blockchains are near bear market lows, or have formed new ones relatively recently such as ATOM. I can see it’s been a good year for BTC maxis, as it showcases their narrative

Grunblau

Fuck any bitch-ass project that does this. Don’t make people claim.. just airdrop to wallets that qualify. This is why I am dumping ATOM as soon as I am closer to even.

biba8163

These coins are all hitting All-Time Lows in Sats (BTC value) almost every single day for the past few weeks. The writing is on the wall. But when you are so emotionally invested and join circlejerk groups, groupthink tell you to double down and DCA more into a sinking ship. - DOT - ATOM - HBAR - CRO - ALGO

kirtash93

Like it is said: "Put your coins to work". Personally I like how easy is staking with ADA, but I DOT and ATOM are not difficult either. ETH would be a dream to be a validator but the new Trezor "staking" feature is quite easy to use.