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Can ATOM’s AVAX-like trajectory save the day for the altcoin
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The recent flash crash brought the larger market to its knees. It also brought down the total crypto market cap by almost 15%, with the same falling to $2.3 trillion. In fact, barring some altcoins, most of the market seemed to be flashing red signals.
Cosmos, however, presented a rather curious case after it resisted the market fall initially. But then, its price soon gave in and recorded losses.
As reported in a previous article, for ATOM, the dip came a little late. Basically, its price held well while the larger market tumbled. On 3 and 4 December, ATOM’s price spiked by close to 30%. However, losses soon followed and the crypto fell below the crucial $25.5 support/resistance mark.
Now, the pertinent question here is – With the coin
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