Polkadot vs Cosmos: Neck-to-neck, but one shows more potential-

Cosmos [ATOM] and Polkadot [DOT] bring together #blockchains , facilitating effortless transfers of data and assets.

1. On one hand, #Cosmos allows developers to build appchains and bridges between blockchains, while #Polkadot uses a sharded multi-chain model, connecting independent parachains within its ecosystem.

2. In terms of blockchain capabilities and growth potential, both $ATOM and $DOT  were in neck-to-neck competition. However, investors must check both blockchains’ native tokens’ price action to understand which bag they should put their money in.

3. The bearish market condition has restricted both tokens from lifting their values in the recent past. To add to the misery, both tokens also witnessed a major price #correction over the last few hours, like most cryptos.

4. However, there was good news. Over the last few hours, both tokens recovered slightly, as their hourly charts were green. Additionally, both DOT and ATOM’s Binance funding rates were red.

Generally, prices move in a different direction than funding rates. Therefore, the chances of a trend reversal remained high for both in the coming days.