ATOM

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.

MinimumFinancial6143

I'm not interested if it's not SOL ATOM, INJ, or LINK. These are the good ones to pick up right now. AKA is also worth checking out based on your risk level. It's an upcoming token of the Akaran racing game.

LargeSnorlax

Exchanges actually steal your staking rewards and don't participate in governance/consensus most of the time, so staking on an exchange is almost always hurting both yourself and the platform you want to support. I remember having a talk with one guy who had been staking ATOM since 2019 - He had missed out on hundreds of thousands of dollars that would've been airdropped to him because he was "staking" it on an exchange, it was a really sad conversation.

biba8163

> coins like DOT, ADA etc Grayscale dropped ADA and ATOM from its large cap trust. That entire large cap trust is mostly BTC 70% and some ETH 23%. It's Excluding-Ethereum Smart Contract trust has a only $13% ADA and 8% DOT. That entire fund is $3.7 Billion (60% SOL) while Grayscale Ethereum's fund is $10 Billion. Most institutional and traditional finance interest is in Bitcoin. There is considerably less interest in ETH. Example before the ETFs back in 2020, with lot smaller marketcaps, Grayscale held $10+ Billion BTC and $1.5 Billion ETH. Besides that there is negligible to zero interest in any other coin. The idea that an ETF will come and pump some random coins you hold is hopium at best. Crypto investors might have fallen for tech meme coins but institutions and traditional investors are not so easily gullible.

SignificanceIcy4452

Thanks for the tips. I did have a look at other available stakeable tokens on that platform and the others just seemed too risky to me. Perhaps a higher yield, but also more likely to go down in price at the same time, and then the yield is lost. I read up on ATOM and the cosmos project and I really believe in the long term strategy they have. And the yield is not too bad even at 16% (compared to the 5% we get in the bank).

SignificanceIcy4452

Oh and I'm staking Cosmos ATOM

solar1ze

Yes. Crypto, stocks, it’s all a gamble, but ATOM seems a worthy risk investment to me, especially at the price now.

solar1ze

You’re always going to hear split opinions about this but, in my opinion, ATOM still has a lot of attraction and its price point is really accessible at the moment. Although not always marketed as well as it could be, there is a lot going on in the Cosmos ecosystem and it has a positive reputation of ease of use and reliability. Alt season hasn’t begun yet, with the exception of Sol, and Atom has a lot of potential to rise x10 at least over the next year or two.

Positive_Feed4666

Buy BTC any time it drops below 60k Then diversify across ADA, ETH and SOL If you want a gamble try STX, AMP, HBAR or ATOM

EdenVII

None of these random fly-by-night coins. Something more established but pricing is accommodating to many people. ATOM, DOT, zcash, dash, ICP. For very low cost, probably ALGO, XRP

Grunblau

I made a rule last bear to sell everything that wasn’t stakable except BTC. Otherwise, I could earn 5+ percent in cash. Only position I am ahead on for staked coins is AVAX. Everything else, I would have been better off selling into BTC or USDC. I do feel like I learned a lot and have doubled some positions via staking. Favorites are ALGO, AVAX, ATOM and associated projects are okay if you aren’t in the US.

CyberPunkMetalHead

Oh that's an interesting one - I would probably put cake on par with UniSwap. I was never really clear on the value proposition of Kusama. I know that's where some more experimental projects are deployed before they make it to polkadot so it's some kind of staging environment? Without knowing more I'd say B tier? I love ATOM but adoption-wise it hasn't done very well in recent years. It's also been vulnerable to attacks int the bast due to its architecture so I'd say upper C probably. I don't really know that much about Vechain so ranking it wouldn't be fair until I've done some reasearch on it

forgotmypassword4714

Nice, some of my favorites made the top tiers (BTC, SOL, LTC and AVAX). What tier would you put these ones in: CAKE, KSM, ATOM, VET?

Objective_Digit

> First up is ATOM: Currently sitting at $5.60 it peaked around $45 in 2021. >Arbitrum a newer token launched in 2023 Arbitrum hit it's ATH of $2.40 in January 2024. It currently sits at $.62 and has a very visible slide against BTC since its launch. Etc.

Dazzling_Marzipan474

That's me with DOT and ATOM. I averaged down a shit ton but still red. Their damn inflation is awful. I'll sell at break even if I can. Don't want those anymore.

josef3110

Together with the upcoming Cardano - ATOM interop I see Cardano becoming a widely connected and interoperable chain. IMO that is a good development for established and proper developed set of cryptos.

TexasBoyz-713

Oh yeah for sure I no longer hold any ATOM but I do like to check up on the sub’s once beloved tokens every now and then

_TheWolfOfWalmart_

ATOM is cooked 🍳

TexasBoyz-713

At this point do yall ever see ATOM hitting $10 again? 💀

CommonSensei-_

I believe that the future is multi-chain. I think both DOT and ATOM will continue to survive and eventually thrive

Blooberino

I bought some more ATOM at 6.5, thinking just was getting a deal.

Trentonhawk

I'm with the OP on Crypto. For 2 months, I have been unstaking and selling most of my bags. I'm tired of this shit. I've been investing since 2020 and have made a decent amount of money, but this bearish trend has no end to it IMO. I think long-term BTC, ETH, and SOL will reach new ATHs, but everything else is dying. I was heavily invested in the Cosmos ATOM ecosystem and sold most of those assets 2 months ago. When I look back at my sells, I made the right choice as most are down around 20% since I sold. I still hold some on the ATOM chains, but I mostly kept my ETH and SOL. I never really held BTC. I just used it for purchases and other things. To all the Diamond Hand Investors, I hope your bags ALL pump to new ATHs soon, but for me, long-term investing will be in the stock market.

BoAndJack

ATOM hit a new low, lower than last bear market 💀 glad I got rid of that shit in March

CorneliusFudgem

I didn’t say what it was. You’re responding to the wrong person about that lol. I’m saying DOT is objectively terribly down as is ATOM. Also this would absolutely be an example of sunk cost fallacy, but once again I’m not the one that said that lol.

flicman

Yeah, both DOT & ATOM are my biggest disappointments. SOL has more than made up for it, though, since I bought in a couple months after the SBF debacle. I put in more than I was comfortable with, which was still not much, but it's done better than everything else I have combined since.

CorneliusFudgem

DOT is doing terribly. that's just objective information. it would be like buying ATOM and trying to say it has been doing great.

IAmSomewhatDamaged

BTC, ETH, MATIC, ADA, SOL, LINK, ATOM (big fan of staking it), and JASMY on this dip so far. Holding on to more cash and waiting to see if we drop anymore. JASMY is one of the few newer Altcoins I’m gambling on this cycle a bit.

_TheWolfOfWalmart_

Brutal. Lots of last cycle's coins are around 2022 bear lows. ATOM even broke the low. This is why you don't hold prior cycle alts as a general rule.

SquatDeadliftBench

Just for BTC. This market isn't only for BTC.  Majority of alts have been bled dry since March 14th.  If you zoom out for, let's say, ADA or LTC or ATOM, you'll clearly see they are down 50%+

viccar0

I’ve held ATOM for 3 years and made -30% in return. Pretty impressive.

MinimumFinancial6143

The solid top caps projects that are currently on discount now are the good ones to invest in. The likes of ATOM, SOL, NEAR, ETH and MATIC. There is also a top gem in the making with an ASI token, which is a combination of FET, OCEAN and AGIX. The first phase is already live this week and the next phase is scheduled for July 15. A good one to buy in my book.

Grunblau

I really like Algorand via Folks Finance and/or Tinyman (governance is open now). But if you want to stay on chain, AVAX via Core app is great. I’d suggest setting up a few stakes that end every 15 days up to 3 months out. Set a 3 month stake, wait two weeks, set a three month stake, wait two weeks… DOT in SubWallet is also easy peasy for set it and forget it much like ATOM in Cosmostation. But I am sick of Cosmos geofencing all of their projects and I am about to leave the ecosystem.

biba8163

> Polkadot gang 4 years ago in 2020, Polkadot entered the top 10 after a governance vote passed multiplying balances by 100X and change the denomination of DOT from ~$400 to ~$4 so that it looked cheaper for dummy investors that would be dumped on. Dummies bought because they believed para-chains will drive demand for token will go through the roof. May 2019: When people were still bullish on 2017/18 shitcoin scams like IOTA, NEO, etc I said 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/ February 2023: When people were asking what AI coins were going to do, I said rugpull the gullible idiots who invest in them > Just like 99.9% of crypto, they take money from idiots and rug pull. See DeepBrainChain, SingularityNET, etc. https://np.reddit.com/r/CryptoCurrency/comments/10qyi2n/what_will_be_the_new_hot_thing_of_the_next_bull/j6t7sn4/ People might call us MAXIs or FUDDERS or SALTY or TRIBAL. But most of you investing in this bullshit hype projects are getting scammed and going to lose most of your money. Very few are going to time these right. They are what they are. Pump and dump or slow rugpulls at best.

MeatusCleatus2

ATOM isn’t even on here, time to buy some I guess lol

_TheWolfOfWalmart_

Well I can't sit here and list every coin. I just looked through the top 50 and picked out some of the more recognizable names, then checked how much they were down on Tradingview. I didn't cherry pick, like I didn't look at one, see it did well and then not include it in the list to make a point. It's just that every one I looked at was like 80%+ down. Some are doing well like BNB and SOL (and I mentioned this at the end) but they're the exception to the rule. Give me some of your favorite alts from 2020/2021 and let's see how they're doing. Even when alt season comes, if BTC has already done another 2x by then, an alt that's 90% down today is gonna have to do like a 20x in USD from here to break even with it's prior BTC high valuation. Sorry but I don't see like ATOM, ADA, LRC etc doing 20x's.

_TheWolfOfWalmart_

Nope, ATOM will be completely forgotten in 2028.

nthgen

Yeah, I've been thinking of selling it off if it goes on a local run against BTC. I have just kept it because of staking as I make a decent amount from that. Will ATOM be a thing in 2028?? That's my question now.

nthgen

I'm still 2.5x in profit from $ATOM. It's 3% of my portfolio. Do I cash out for more Bitcoin now?

juunhoad

It's nice tech, but for all those cosmos chains you don't need $ATOM, so who cares about that coin?

I_SNIFF_FARTS_DAILY

2021 bag holding master race VET, LINK, ATOM, NANO

fatlever2

Since BTC broke $62K in March 1 to BTC break below $62K today, a lot of coins have almost halved their value. And there was a stream of good news articles being posted about various projects when BTC was going up. Now, nothing. - ADA $0.71 - MATIC $1.02 - AVAX $42 - LINK $20 - ATOM $12 - HBAR $0.12 - VET $0.05 - CRO $0.12 - ALGO $0.22 https://coinmarketcap.com/historical/20240301/

Dazzling_Marzipan474

Ya luckily I averaged down a lot. So I'm at like $9/DOT and $10/ATOM. So it's not awful. I want my portfolio to just be BTC, ADA and KAS.

Dazzling_Marzipan474

I wanted to unload a chunk of DOT and ATOM but when I unstaked it it started falling. So then I just restaked it. So basically I lost even more 😂

conceiv3d-in-lib3rty

Jfc another one with a bunch of last cycle’s trash. MATIC DOT ADA VET ATOM LRC ALGO ONE lmaooo make it stop.

Dazzling_Marzipan474

1 year is too long to stake anything. Even staking my DOT and ATOM for 21 days and 28 days I missed a good selling opportunity a bit back. Woulda definitely took some off the table if it wasn't locked. Now it's too late.

Grunblau

One of my favorite things about AVAX is the staking periods. Originally, I thought this was a negative, but it turns out to be a really nice feature compared to set it and forget it staking and month long unbonding like ATOM. If you set up multiple stakes every 15 days for 3 month periods, for example…you can determine if you want to restake, sell, add, etc… you can always have some available without trying to time anything.

CorrelationVega

Why would you invest in ATOM lol.

indoinjpos

It's crazy that ATOM is currently at the same price as when I bought it four years ago in August 2020. Back then, ETH was $400.

Hurricane_Ivan

I scooped up some LINK, ATOM, and FET. Not sure if those are fast enough for ya

TheFox21

ATOM who?

TexasBoyz-713

Boy am I glad to have gotten out of ATOM a few months back. That’s all for now

Nickel62

Marketcap to TVL you say.... Have a look at CRV and CVX 😂 These three examples should be enough to convince you that marketcap/TVL isn't a good indicator of the value of a token. You can utilize an ecosystem without owning the token. Look at ATOM as well.

Captain_Fredl

Like ADA or ATOM just to call some examples . Fundamental, tech, utility nowadays are worth a shit if you ask me. Hype is all this industry is nowadays

BoAndJack

It's much easier to find an alt with such a chart compared to one in the green, see ATOM/FTM/ALGO and so on and so on 

OderWieOderWatJunge

Why though? I only keep it in Tradingview for loss porn. When I feel bad about a red day I just think of ATOM holders

eskimo9

Decided to cosolidate my shitty alts into ATOM couple of months ago go. Hahahahahzhahvahavzvzvzvzvzvsvzvsvsvvwwbdkdokd

Grunblau

If you had 300 total ATOM with 100 unstaked, would you simply stake it, convert to another coin in the ecosystem or sell to something else? Seems like most airdrops are geofenced… I have a VPN but not willing to use it to lie about US citizenship.

Smiling_Jack_

What happens first: ADA drops out of the top 15, or ATOM drops out of the top 50?

eskimo9

Will my ATOM ever recover, I’m fucking tired of this shit

nthgen

Don't forget $ATOM. It's my biggest alt allocation (I only have 2 alts) at 3%. My avg buy price is $4, so I'm still in profit, but I'm not confident that it'll see a new ATH. I probably should sell for my other alt.

OderWieOderWatJunge

XMR, ADA, ALGO, ATOM, MATIC, DOT, LTC, BCH, AVAX, all Top20 and all of them still on 2022/2023 levels

WeAreDecryptors

similar portfolio to mine but added some ATOM to spread the load. I am looking at some smaller cap coins to buy low and HODL. PICA?

Awkward_Potential_

They literally call these things their "bull case" and "bear case". Their bull case for ATOM would be if interoperability/sovereign chains became the norm and Cosmos became the home of everything. Same for their bull case for ETH, SOL, etc. There is no world where we get the bull case for all of these things.

Stoopiddogface

VanEck has also predicted ATOM at $160... Why TF would anyone listen to them?

ContentTrust4821

is there no "daily" thread anymore? is ATOM (Cosmos) dead? will it it ever get back to $30?

Grunblau

Any reason for ATOM to break out of this month long wedge soon?

Coininator

Higher staking rewards like for ATOM means they are issuing more and more coins, diluting the value of your coins. Yes ETH gas fees are high, easily a couple of $ per simple transfer. But if you put in a couple of ETH and hodl them for years, they won’t matter.

ambermage

Are you talking about ATOM? It feels like you also got hit by that train.

Captain_Fredl

So many have already crashed. ATOM, LRC, AAVE, FTM, MATIC, ALGO … jeez there are soo many in the top 100

Dazzling_Marzipan474

Still time to buy a little back. Ya I've been bag holding a while. It's my second largest after Bitcoin. As well as DOT and ATOM. I had a lot of LINK but I kept buying at around $6 and selling around $8 then it never came back down. And I sold it all like an idiot 😂. Oh well. Good luck out there.

BlazeDemBeatz

Genius move I can’t front. I traded mine for ETH and 😞 ATOM

Grunblau

Just to offer a counterpoint, I have been holding more than enough ATOM to qualify for most of the airdrops. BUT most are geofenced from US users. This means that you probably missed out on some of the most meaningful airdrops. Air dropped projects that are now required for future airdrops. You have to use a VPN and then certify (lie) that you are not a US citizen to qualify. I am in the process of unbonding half of my ATOM right now and will probably throw it in AVAX. My DOT bag has generated airdrops by simply holding it and this makes me happy unlike ATOM with their gate keeping assholery.

thuishaven

I am not day trading my ATOM. Its a long hold for me already years in without any plans to sell in the coming 5 years. So i could not care less. I buy more if it retraces

Simke11

I can just see Chat GPT shilling ADA, DOT, ATOM and ALGO.

Spokraket

You’ll only get ”pump my bags” comments with this. They are both solid projects. Hard to say which one is ”better”. I got DOT, but it doesn’t mean it will do better than ATOM. Then again I do think DOT is quite overlooked by many it’s a very interesting project but I can’t give you an honest opinion on ATOM because I know way more about DOT.

buzzfillon

Dot for ATOM

thuishaven

The comments i read are full with the worst takes.  I will only speak about ATOM which has given me incredible value in airdrops over the past 3 years. (JUNO, OSMO, NEUTRON, STRIDE, CELESTIA, DYME, SAGA) Probably even forgetting some. Those airdrops alone at least 4x my initial position. The consistent staking rewards are significantly compounding over the years too.  This was backwards looking now forward.  1. ATOM about to launch ATOM WARS 2. PARTIAL SET SECURITY (incl. a bunch of new chains that will be secured by ATOM, earning their token while staking ATOM) 3. Permissioned CosmWasm  4. BTC based security aggregation together with Babylon & Nomic Go make your research from here. ATOM has never been stronger positioned. 

imjewishOOF

Having personally done development work with the Cosmos SDK and the Polkadot SDK aka Substrate. DOT 1000000000% better than ATOM

bailtail

That misses the point. Diversification is a risk management tool. It limits downside, but that also comes with the tradeoff of limiting upside. If you own 10 coins and are looking to 10x, you need those ten coins to average a 10x vs only needing to pick one correct one to do a 10x or better if you put it all in one. The odds of getting one right are better than the odds of getting 10 right. As the saying goes, specialization makes you rich, diversification keeps you rich. Having said all that, ATOM and CRO are fucking awful choices…

Dazzling_Marzipan474

I also have DOT and ATOM, staking both. I'm just about to even in both. If either goes to $20 I'll start unloading. If either goes to $30 I'll sell all. I'm also trying to lower the number of holdings. Mostly BTC and a decent chunk of ADA and a little ETH. And of course some CONE.

MinimumFinancial6143

I have got ETH, ATOM, NEAR, TRIAS as well as ARB. These are the tokens I have been DCAing into. Though, I plan to add more gems before or during the altseason. I have the upcoming SIGHT token on my radar. This is a project that represents the pinnacle of data verifiability & computational privacy for web3 AI.

rqnyc

They are all losers, but DOT is worse as ETH L2 sucks air out of DOT. DOT is a de facto L1-L2 ecosystem. Stay with $ATOM at least it’s a stable coin

ActualSherbert8050

I'd rather have DOT right now than ATOM

EndSmugnorance

Can’t recommend any financial advice but I like ATOM

R100K-Martin-Lunger

I would recommend diversifying. Do not touch your BTC though, keep investing in it. Lower the percentage of ATOM and CRO. Invest in high-potential atlcoins with serious fundamentals. I would recommend SOL, ETH, ADA, LINK, BNB, LTC, and look into others but stay away from meme coins propping up everywhere as most f them are rug pulls. I have invested in a crypto fund with automated trading and portfolio rebalancing so I have a pretty diverse portfolio and it's been working well for me.

Otherwise-Guitar4651

Don't think ATOM is in accumulation zone. Trading volume is low; in accumulation, should see high volume, but not happening. Price keeps dropping with no quick spikes, shows low demand. Market sentiment is negative, more sellers than buyers. Technical indicators RSI, MACD show downtrend continuing, not accumulation.

c_a_r_s_o

Dude you gotta get some Bitcoin it is the main asset. I DCA every day into BTC, ETH, SOL, and ATOM.

TexasBoyz-713

Sold my ATOM for SOL months ago, never looked back

FoxtrotThem

ATOM does need to sort its arse out but I still think its a very project overall, probably my personal fave of all the tokens I'm into - I really dig the staking side of it and think its got the best implementation for miles. I do want to contend you saying the entire ecosystem, as I've got so much love for Bitsong, one of the few projects to not only have something that works, but also something thats continually developing - I've been very impressed by their ability to deliver not only a functioning platform, but a whole range of decent things from the BTSG token itself, to Sinfonia and the actual Bitsong platform for owning/streaming audio and very soon video from the chatter in the Discord. Its been good to see them grow, and while I've been checked out in the fiat mines for a while, the early community chats were very intimate and honestly its nice to see it still doing welll and active (again something that can't be said not just for alot of whats on the ecosystem, but other tokens altogether). More power to them I say.

GroundAcrobatic2623

ATOM and it's entire ecosystem (HUAHUA, TIA,MARS, SECRET JUNO etc..) is hot trash wow. Im slowly bleeding to death, if I went with SOL or AVAX or anyfuckingthing else Id be up by a lot. I keep telling myself we're due for a pump but I'm just going deeper in the hole..

Simke11

You'll also need to add ALGO and ATOM

MinimumFinancial6143

I am considering ETH, ATOM, and other projects in trending sectors such as AI, RWA, DePIN, and Web3 Gaming. I'm keeping an eye on the VoYd Token Generation Event, the upcoming token for Call of the VoYd: Heartliners, and the ASI token launch, which results from the merger of FET, OCEAN, and AGIX.

Downtown_Feedback665

I cashed out many moons on my main account that I had earned here. Brian Armstrong wasn’t really wrong about the premonition, he was wrong about the execution. The implementation was just on Reddit, and it made bots and moon farming the only goal of people posting here. But also, I had both been tipped, and tipped other users in moons on multiple occasions. Outside of crypto, more than 90% of companies fail before they come close to an IPO. Then 90% of those that IPO’d also fail. Power law is everywhere and very real. Also vitalik was made by crypto. He was earning 10btc per article written on btc magazine in the early 2010s. He then went on to employ quite a few people. Same with the Solana folks, AAVE, folks, ATOM folks, DOT folks. There’s jobs that are created with crypto companies, but few are operating under good faith. There’s *maybe* 25 total use cases for blockchain/crypto, with more than 14000+ tokens out there. There are around 40-50 companies actually making a good-faith effort at the real use cases. Everything else is indeed a scam. Keep in mind, this is par for the course in a completely unregulated industry that favors the creators of the token and hurts all the investors. I’ve seen almost nobody go to jail for fraud for blatant rug pulls. Sure they got SBF, Do Kwon got a slap on the wrist, CZ got a slap on the wrist, but they aren’t going after “shitcoin x” run by a dude in his basement, building on Solana and marketing by himself. There is no socializing losses. The current government position on crypto is they want to milk the retail investor of every dollar when they go into crypto so that they never think of doing it again and stick to fiat.

FoxtrotThem

More ATOM, more Bitsong, more more more!

Nonchalant_Calypso

Hate to say this, but ATOM?