Space (ATOM) Loses Bullish Momentum in Mid-November

On November 1, the Interchain Foundation confirmed the launch of the IBC protocol on Avalanche via the Landslide Network. According to ICF, this development will enable seamless interoperability between the Cosmos ATOM hub, the Avalanche blockchain, and more than 100 other chains supported by IBC. Additionally, Avalanche's C-chain is now based on the Cosmos ATOM SDK, resulting in greater cohesion among the top altcoins and blockchains.

Although Cosmos ATOM rallied in early November, the token recovered and turned bearish by the third week. On November 16, Cosmos (ATOM) was trading at $9.91. A week later, ATOM was down 11.13% and trading at $8.83. Experts are convinced that the surge of Cosmos (ATOM) has slowed down due to the exit of bulls from the crypto market. Therefore, the Cosmos ATOM cryptocurrency could most likely sell for $10.00 in December. $ATOM #AtomicSwaps #ATOM