Osmo coin has performed very well recently, with an increase of more than 30%, becoming a bright star in the COSMOS ecosystem. However, despite the strong rise of OSMO, its parent chain token ATOM appears to be relatively weak, and the reason is unclear.
In addition, there is an important news about Osmo coin that needs to be noted, that is, Mars Protocol intends to launch its mainnet Mars Hub at the end of January. Before that, a series of measures will be prepared for the airdrop activity, including allowing MARS tokens to be transferred to the Osmosis system through Inter-Blockchain Communication (IBC), and a special fund pool will be set up to encourage liquidity mining between OSMO/MARS pairs.
In addition, some investors in the market have chosen to temporarily withdraw from OSMO because the ETF is close to listing to prevent the risks brought by market fluctuations. These investors generally adopt a conservative strategy and only retain a small number of positions.
As for the future development direction, although the direction of the entire market in the short term is still uncertain, especially considering that Bitcoin may attract a large amount of capital inflow again, thus affecting the prices of other digital currencies, from a long-term perspective, high-quality assets like Osmo still have strong appreciation potential#币安MegadropSOLV $OSMO