Cosmos Community Upholds 7% Inflation Rate
Login
Free Crypto Signals Join Our Telegram

Cosmos Community Upholds 7% Inflation Rate, Boosting Network Confidence

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Cosmos Community Upholds 7% Inflation Rate, Boosting Network Confidence

The Cosmos community upholds a 7% inflation rate, boosting network confidence. The Crypto community’s rejection of Proposal 868, aimed at reducing the minimum inflation rate, underscores a commitment to maintaining the current 7% rate. This choice is expected to enhance stability and bolster confidence in the Cosmos network, potentially influencing the perception of ATOM among investors and users.

 
The decision signifies a collective stance in favor of existing inflationary measures, suggesting a belief in their efficacy. This alignment could have positive implications for the overall growth of the Cosmos ecosystem. Investors may find reassurance in the community’s decision, strengthening the appeal of ATOM. The rejection of Proposal 868, therefore, reflects the community’s strategic approach to maintaining stability and fostering trust within the Cosmos network.

Key Cosmos Levels To Watch – January 23

Cosmos Community Upholds 7% Inflation Rate, Boosting Network ConfidenceA major correction to the downside is currently ongoing. The market’s uptrend encountered its first major pullback after the formation of a $10.570 high. The pullback led to the formation of the major low at $8.200.
 
According to the RSI (Relative Strength Index), the market is declining into an oversold region. A crash beyond the $8.200 low might flip the market into an oversold state. This is likely to cause the resumption of the market’s bullish trend.

ATOM Key Levels

Resistance Levels: $11.000, $12.580, $13.530
Support Levels: $8.900, $7.880, $6.160

Market Metrics

Total Market Capitalization: $1.57T
Cosmos Market Capitalization: $3.5B
Cosmos Volume: $162M
Market Rank: #22

You can purchase Lucky Block here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News