Cosmos (ATOM) Soars 55% This Week: Why the Sudden Surge?

Cosmos (ATOM) is the biggest mover in the crypto space over the past week amid growing optimism. Let’s analyze the key reasons.

Key Drivers

The Bitcoin rally that fired up the crypto space over the course of the first six months of the year may have slowed down considerably, but there are many other tokens that are making rapid gains in the market. One of those cryptocurrencies that has been making impressive gains over recent days is Cosmos (ATOM).

The token has had a superb week and rallied by as much as 55% when …