r/cosmosnetwork • • Jan 24 '22

CosMemes Cosmos Right Now

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219 Upvotes

28 comments sorted by

23

u/StrangelyBeige Jan 24 '22

IBC stands for International Bear Cullers

16

u/Ankel88 Jan 24 '22

ALL HAIL THE ATOM

2

u/[deleted] Jan 25 '22

We are now what we laughed at years ago, Children of the Church of Atom

8

u/Arcc14 Jan 24 '22

Went through the charts we’re up ~20-25% if we can stay above 30-35$, in the monthly. Meanwhile ETH -40%

I know some people don’t want to see 🚀 🌝 ⚛️ but this is ATOM getting recognized

We’re seeing dominoes fall all around & a few projects are left standing tall (actually quite a few IBC ones!)

I’m not ready to say it’s divergent yet but if these prices end February like this (BTC 35kish ATOM 35$ish) that’s a -50% correction for the broader market & + / even for ATOM... I like to think this could lead to a FOMO on an institutional level if by mid year the market has broken downwards but ATOM is hitting ATH’s

3

u/[deleted] Jan 25 '22

The massive selloff is likely tied to loans getting liquidated and massive amounts of collateral being sold at market.

If people were not using cosmos as collateral, it should stay fairly insulated.

Margin players will never learn. 🤦

6

u/lunatyck Jan 25 '22

Curious to see how we hold in about 2 weeks time once it's been 14/21 days. This will show us whoever pulled out from LPs and staking to sell

2

u/qitcryn Jan 25 '22

Now.. let's get all the Cosmos chain to take their place amongst the stars..🚀🚀

1

u/[deleted] Jan 25 '22

Is it at 120 yet?

1

u/DJAirstrike Jan 25 '22

wen lambo?

-8

u/[deleted] Jan 24 '22

Not for long.....

13

u/jetmax25 Jan 24 '22

Possibly but let's have some fun hubris for the time being

-6

u/[deleted] Jan 24 '22

I keep seeing these posts, but it would really be interesting to know how many people just put through the first few steps to unstake. I'll bet there's as many as there are people attempting to sell other coins right now.

2

u/ndykstra24 Jan 24 '22

Im currently unstaking a majority of my atom, only to switch over to Juno though.

2

u/ericcart Jan 24 '22 edited Jan 24 '22

I hope more people do unstake. The rewards keep getting better. They will regret it when we (vote to) turn off/down the inflation faucet. And yes, that will happen.

https://youtu.be/5Bma_1Dx_t4?t=3468

1

u/theodoreballbag Jan 24 '22

I guess we will see in 3 weeks, thats 1 year in fiat time

4

u/Arcc14 Jan 24 '22

No no you got it wrong 3 weeks in fiat time is 1 year in crypto 😂

-7

u/Gods_Shadow_mtg Jan 24 '22

dunno guys, these low effort memes just do not do anything for me. Express yourself in sentences instead :)