Should you buy Wrapped Bitcoin (WBTC) or Cosmos (ATOM) in the near future?

Technical analysis report updated on 30/09/2022

Introduction to the history of two cryptocurrencies

Wrapped Bitcoin Development History

Wrapped Bitcoin (WBTC) coin was recorded by Coin Market Cap system on January 30, 01.

Currently, on the market, Wrapped Bitcoin can be exchanged for 615 other digital currencies.

Wrapped Bitcoin is currently ranked 18th on the cryptocurrency rankings by market cap

History of Cosmos

Cosmos coin (ATOM) was recorded by Coin Market Cap system on March 14, 03. If compared with Wrapped Bitcoin, this coin was born later

Currently on the Cosmos coin market, it can be exchanged for 347 other digital currencies (This number is only 0.56% compared to Wrapped Bitcoin).

Cosmos is currently ranked 23nd on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Comparison of the recent growth between Wrapped Bitcoin and Cosmos

Growth rate Wrapped Bitcoin (WBTC) Cosmos (ATOM) Distance (WBTC - ATOM)
Within 24 hours -0.01% -2.02% 2.01%
Within 7 days 2.32% -13.56% 15.88%
Within 30 days -0.60% 13.59% -14.19%
Within 60 days -17.99% 17.10% -35.09%
Within 90 days 0.51% 58.66% -58.15%

Analysis by growth

Trong khoảng thời gian 3 tháng gần đây đồng tiền Wrapped Bitcoin đã giảm đáng kể với 0.51%. Còn đối với đồng Cosmos cũng trong 3 tháng gần đây đã có sự tăng trưởng vượt bậc

Compare total supply value and market capitalization

Wrapped Bitcoin (WBTC) Cosmos (ATOM)
Maximum total supply 0 0
Circulating supply 245,206 286,370,297
Total supply 245,206 0

* Note
Total circulating supply: Number of coins circulating in the market and in the hands of the public. It is similar to how stocks move in the stock market.
Maximum total supply: The maximum number of coins that will exist in the lifetime of the cryptocurrency. It is similar to fully diluted shares in the stock market.
Total supply: Number of coins created, minus any burned coins. It is similar to shares outstanding on the stock market.

Summary of reasons to buy Wrapped Bitcoin or Cosmos

Reasons to buy Wrapped Bitcoin

Reasons not to buy Wrapped Bitcoin

Reasons to buy Cosmos

Reasons not to buy Cosmos

General note for investors

These are specifications based analysis only

The technical specifications will be suitable for short-term investors, and profit from the investments With large and long-term investments you also need to do fundamental analysis i.e. read and understand more about the technicians, teams, investors behind that particular digital currency.

We do not make investment decisions for you

Automatic parameter analysis articles will help you have a multi-dimensional and easier to understand view than just looking at those with zero numbers.

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