According to information from Twitter channel Cosmos Guides, Delphi Digital is coming to Cosmos. It was also revealed that Web3 company has been examining Cosmos behind altcoin ATOM for a while. Here are the details…
Delphi Digital chooses altcoin ATOM
It turns out that Delphi Digital has been reviewing Cosmos for a while. However, if observed for a long time, it was revealed that this project first started to explore the ecosystem in 2018. But now it has officially appeared. After that, ATOM price shows signs of bullishness following the announcement about Delphi Digital x Cosmos. ATOM has been on a remarkable rise since June. In fact, it stands out as one of the best performing cryptocurrencies in the last three months. The altcoin was in a bull run as seen last week. It rose as high as 27 percent after rebounding from the rising support line.
Now, the ATOM price has increased by as much as 20 percent in the last 24 hours due to information about Delphi Digital’s involvement. So what is Delphi? The company is one of the top 5 research firms in Web3. It is also a venture capital firm that creates products. Apart from this, he has also made a name for himself in the media field. Delphi Labs’ core area of interest is DeFi. They believe the future of Web3 is an integrated product ecosystem that takes some of the features of centralized finance but is on-chain. Cosmos makes this vision possible.
Cosmos will host a conference
“Delphi believes that dApps don’t have to deploy a single product, they can launch whole ecosystems,” Cosmos Guides said. Finally, Cosmos said they are excited to see Delphi Digital and look forward to contributions to the Internets of Blockchain. Additionally, ATOM’s Cosmoverse Conference will be held September 26-28. cryptocoin.com As we reported, it will include multiple development updates and cross-chain security launches.
Latest situation in ATOM price
ATOM price surged from $15.68 to $16.61 after the Delphi Digital news. Thus, there was an increase of more than 5 percent. In addition, the trading volume has gained momentum in the last 24 hours. You can observe the change of the cryptocurrency in the last 24 hours in the chart below:
Cosmos, which is currently ranked 21st with a market value of $4.5 billion, seems to have pulled back slightly. ATOM is currently trading at $15.81. Meanwhile, the cryptocurrency has increased by 25.2 percent in the last 7 days and 37.2% in the last 14 days. Thus, it has become one of the top risers on a weekly and biweekly basis.
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