$ATOM ATOM is the native token of the Cosmos network. Here are some key information about ATOM:

• Purpose:

• Staking: Users can earn a portion of block rewards by staking ATOM tokens.

• Voting: As a governance token, holders can vote on proposals, participate in the governance of the Cosmos Hub, initiate proposals, and vote on the future direction of the ecosystem.

• Payment Fees: ATOM is also used as a fee required for using the Cosmos network.

• Market Performance:

• The price of ATOM is stable at around $9.63, with a 24-hour trading volume reaching $210.1 million and a market capitalization of approximately $3.609 billion, firmly ranking 22nd in the cryptocurrency market.

• The market capitalization ranking of ATOM is 29th, with a total market cap of $3.471 billion.

• Supply:

• ATOM does not have a fixed total supply; instead, it will increase as the tokens are used, which is intended to encourage users to stake more ATOM tokens.

• Historical Background:

• The Cosmos team can be traced back to 2014, co-founded by Jae Kwon, Zarko Milosevic, and Ethan Buchman with Tendermint. In 2016, the Tendermint team published the Cosmos white paper and issued the ATOM token through an ICO the following year.

• Technical Features:

• Cosmos aims to simplify technical complexity with a modular framework, ultimately building a blockchain internet.

• Investment and Trading:

• ATOM can be purchased on major exchanges such as Binance, Huobi, Coinbase, etc.

• Potential and Prospects:

• As the Cosmos network continues to grow, more and more applications and blockchain projects will choose to build on it, leading to an increase in users and trading volume, which will help boost the demand for ATOM.

• As a cryptocurrency for cross-chain interoperability, with the continuous development of the blockchain industry and the growing demand for applications, the market demand for ATOM will further increase, driving its appreciation.