Cosmos (ATOM) Extends Rally with Growing Risks By Cryptovest

Cosmos (ATOM) Extends Rally with Growing Risks

Cosmos (ATOM) added another 15% to its market price, breaking to $3.03, and is up more than 52% week-on-week. But prices are starting to look shakier, with selling eating away at the new gains. Traders are making comments that for ATOM, it’s “bag-selling time”.

ATOM is one of the assets that rallied while other altcoins sank or remained stagnant. Along with ChainLink (LINK), the asset got a boost from its Binance listing. The Cosmos project is seen as highly promising, gaining a free Binance listing based on its technology and team.

But currently, most ATOM trading has moved away from Bina…

This article appeared first on Cryptovest

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