Cosmos Loses Key Support as ATOM Staking Yield Hits 18%

Quick Summary:

Cosmos token is on track for its fourth week in the red as its demand dries up and as the crypto industry faces challenges.ATOM dropped to $4.8 on Friday, its lowest point since 2021 and almost 90% below its highest point on record.

Cosmos has lost market share Cosmos, which used to be one […]

The post Cosmos Loses Key Support as ATOM Staking Yield Hits 18% appeared first on BanklessTimes.

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Article Details

Author / Journalist: Crispus Nyaga

Category: CryptoTechnology

Markets: Canada

Topics: Cryptocurrency Top News Cosmos

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 06:33:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: banklesstimes.com

Language: English

Article Length: 1130 words

Reading Time: 7 minutes read

Sentences: 63 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bankless Times

News ID: 22096033

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About Bankless Times

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Update Frequency: 4 posts per day

Year Established: 2011

Headquarters: Canada

News Last Updated: 8 hours ago

Coverage Areas: Canada

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Publisher ID: #29

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