{"id":532339,"date":"2023-05-12T21:00:08","date_gmt":"2023-05-12T21:00:08","guid":{"rendered":"https:\/\/wncen.com\/?p=532339"},"modified":"2023-05-12T18:36:19","modified_gmt":"2023-05-12T18:36:19","slug":"cosmos-atom-shows-price-recovery-in-response-to-new-update-reveal","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/cosmos-atom\/cosmos-atom-shows-price-recovery-in-response-to-new-update-reveal\/","title":{"rendered":"Cosmos (ATOM) Shows Price Recovery In Response To New Update Reveal"},"content":{"rendered":"

Over the past few days, Cosmos Hub (ATOM) has demonstrated remarkable strength and resilience in its price fluctuations, despite significant downturns across the broader cryptocurrency markets due to shifts in trader sentiment. For three consecutive days, ATOM bulls have managed to bounce back and maintain the native token’s price, despite Bitcoin’s bearish momentum that has caused most altcoins to plummet.<\/p>\n

Cosmos’ (ATOM) renewed strength and price stamina in the crypto markets may be linked to the fresh updates announced by the team behind the project.<\/p>\n

Related Reading: Bitcoin Bearish Chart Pattern Looms, Legendary Trader Sounds Warning<\/a><\/div>\n

Adoption Grows For Cosmos Replicated Security Model<\/h2>\n

In an exciting update, the Cosmos team announced<\/a> yesterday that its first Replicated Security Model went live and has gained adoption by a top smart contract and consumer chain platform.<\/p>\n

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1\/ The first #Cosmos<\/a> native shared security model just got adoption \ud83d\udca5@Neutron_org<\/a> is the first Consumer Chain to leverage @cosmoshub<\/a> Replicated Security.<\/p>\n

Replicated Security brings a new era of utility for #ATOM<\/a> \u269b\ufe0f<\/p>\n

Appchains can now launch with the economic security of #ATOM<\/a> pic.twitter.com\/sMp6mXhjPC<\/a><\/p>\n

— Cosmos – The Interchain \u269b\ufe0f (@cosmos) May 11, 2023<\/a><\/p><\/blockquote>\n