Cosmos (ATOM), a least known cryptocurrency recently comes into limelight when its rank jumped by 1791 positions and secured its place in the club of top fifteen cryptocurrencies by their market cap. The Binance listing effect pushes this cryptocurrency in top 15 Cryptos, after the announcement of its Listing on Wednesday.
World’s largest cryptocurrency exchange, Binance, confirmed earlier this week that ATOM was now a tradable asset.
Binance will open trading for ATOM/BNB, ATOM/BTC and ATOM/USDT trading pairs at 2019/04/29 4:00 AM (UTC). Users can now start depositing ATOM in preparation for trading.
Cosmos Listing Fee: 0 BNB
Learn more about the Cosmos (ATOM) project in our in-depth Binance Research report.
Binance CEO Changpeng Zhao also tweeted on Sunday that Cosmos had not approached an exchange regarding listing but that his team had decided to “list anyway”.
Here is a project that refused to even talk to an exchange about listing (and we have a good relationship with their tech guys), but we list it anyway.
Good tech wins!https://t.co/Zu0uQZuGH6
— CZ Binance (@cz_binance) April 28, 2019
Cosmos Network also known as the Internet of blockchains raised more than $16 million in their ICO held in April 2017. Cosmos is a decentralized ecosystem where thousands of Dapps interoperate to create the foundation for a new token economy. Cosmos networks all types of blockchains by exploiting the benefits of Tendermint and the inter-blockchain communication protocol (IBC). Projects attached to or integrated into the Cosmos network can exchange tokens natively. Cosmos is a Proof-of-stake blockchain network allowing better interoperability, scalability, and usability of all the blockchains.
The price of ATOM is $ 4.59 after rising 17.9% in the last 24 hours, but it has not yet reached the ATH of $ 8.17 recorded in March after its launch. Last week, the price of the token took a major leap by more than 40% following the binance listing.