ATOM is one of those assets where funds have shown how to legally siphon off the money they invested. Instead of price manipulation and services of market makers, they started to make projects on COSMOS ecosystem and to distribute Airdrop to themselves. The price looks good considering the fixation in the $30 area. Higher than 30$ we are unlikely to see, it is hard to move such projects.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.