Do you see these coins as promising? The Atom is trading just above $9.5 but peaked at no more than $12.5, do they have a chance to skyrocket? Are there any fears that the LUNA coin is waiting for them?
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The LUNA situation can't happen to ATOM. It is a fairly safe, conservative option really. If I had spare money, I'd be accumulating ATOM at these prices. No stablecoin for ATOM, so no risk there.
Terra issues are not cause for alarm for the rest of the Cosmos eco-system. It has been hit by UST collapse, mainly as it was a popular as a liquidity pool pair in the various Dex's. Overall, LUNA systematic failure is not replicated with ATOM and other Cosmos assets.
Not financial advice.
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I will have to take the time to go into the details of this coin. Thank you!
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Cosmos used UST as it's stable coin. I think once it imports a proper one it will peak again. It had been $US30 in the past and I think that is a fair price point. I could be wrong though.
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Maybe I have a stereotype lol. regarding the price of coins exceeding 1 Hive in value, lol, I will try to overcome it)
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