ATOM recovers 100% in a week: what’s behind the repetition of Cosmos?
ATOM, the native cryptocurrency of the Cosmos blockchain protocol, has gained over 100% in the past week.
Analysts attribute the ATOM rally to two major fundamental factors. First, in the last few weeks Layer-one blockchain protocols, like Avalanche (AVAX) and Polkadot (DOT) have gone through a great repetition.
ATOM / USDT 1-day price chart (Binance). Source: TradingView.comATOM vs. LUNA long-term sentiment score. Source: TheTie
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