#WalletConnect @WalletConnect
Recently, I noticed the $WCT daily trend, and I was probably thinking about whether there is a chance in the future?
WalletConnect is an open-source protocol that aims to connect cryptocurrency wallets with decentralized applications (dApps) in a secure and decentralized way.
Launched in September 2024 and deployed on Optimism's OP Mainnet, its network token $WCT has a total supply cap of 1 billion, playing a dual role in the ecosystem as rewards and governance, aiming to incentivize participation and drive decentralized governance.
WalletConnect enables users to interact with dApps without revealing their private keys through QR codes or deep linking technology, enabling cross-chain interoperability and a seamless user experience.
WalletConnect is the core infrastructure of the Web3 ecosystem, supporting more than 600 wallets and 40,000 applications, and has facilitated more than 185 million on-chain connections to date, serving more than 30 million users across multiple blockchain networks such as Ethereum, Solana, Cosmos, Polkadot, Bitcoin, and more.
Wallets are a core component of the Web3 ecosystem and have a significant positive impact on the growth and adoption of Web3 projects.
Wallets enhance user autonomy and decentralization, everyone can own their own on-chain assets, and promote the popularization and growth of the dApp ecosystem, wallets are the gate to the blockchain.
With the growth of Web3 users, wallets will also become an important entry point for traffic competition, and which wallet is safe and easy to use is also the first choice for users.
At present, the price of WCT is $0.32, and I don't know if there are any surprises in a longer period, after all, there is no wallet token out of the circle.
Of course, the crypto market is highly volatile, and the trend of WCT is affected by a variety of factors, including market sentiment, project development and the overall crypto market trend.
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JP
MR 21 - Direct IBC deposits
This connects THORChain to EVERY chain connected to @cosmoshub via a single deposit.
How it works:
1) Users on a remote IBC chain deposit directly to the THORChain Cosmos vault with a memo
2) TC observes and executes
Ie - swap from Injective to Atom to BTC
- TC swaps the atom to BTC and sends to the user’s address.
Will work with Skip and Rango to make this work widely
THORChain
Sneak peek into v3.8.0 🧐
Step by step, something new (and big) is coming… $TRX
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Max Resnick
digital oil: ethereum
digital natural gas: fartcoin
digital solar: solana
digital nuclear: atom
digital hydro: hyperliquid
digital wind: also fartcoin
hot air rises
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Brendan McCord 🏛️ x 🤖
6yo daughter just handed me a note, said she wanted to invest in Cosmos. She had scribbled the following:
Cosmos
Dad
1000000
AI
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Midas
Trump finished the war between Iran & Israel
Nothing is stopping the Altseason now
$BTC hit $105k again, but this is just the start
Next weeks will print thousands for early holders
Here’s why + BEST tokens you MUST buy now👇🧵
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Cosmos price performance in USD
The current price of Cosmos is $4.0040. Over the last 24 hours, Cosmos has decreased by -1.69%. It currently has a circulating supply of 455,821,191 ATOM and a maximum supply of 455,821,191 ATOM, giving it a fully diluted market cap of $1.82B. At present, Cosmos holds the 34 position in market cap rankings. The Cosmos/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Cosmos is a decentralized hub bridging multiple blockchains using Byzantine Fault Tolerance (BFT) consensus algorithms like Tendermint. This pioneering platform not only aspires to knit together diverse blockchains but also to enhance their collective functionality. With a unified vision, the Cosmos team aims to break down barriers, envisioning a cohesive blockchain realm, all under the Cosmos umbrella.
What Is Cosmos
Cosmos, often called the “internet of blockchains,” seeks to revolutionize the blockchain industry by addressing major challenges like scalability and interoperability. It does so by fostering communication between distributed ledgers without relying on a centralized server.
The Cosmos ecosystem comprises application-specific sidechains named “Zones.” These Zones are interconnected through the Cosmos Hub, similar to Polkadot's parachain model.
ATOM, its native token, facilitates governance voting and strengthens security through staking.
The Cosmos team
Cosmos was developed by the Tendermint team. Its co-founders, Jae Kwon, the mastermind behind the Tendermint consensus algorithm, and Ethan Buchman, have rallied a team of adept blockchain developers, cryptographers, and computer scientists.
How does Cosmos work
Cosmos utilizes a "hub and spoke" architecture, where the Cosmos Hub acts as the central hub, and various independent blockchains, referred to as “Spokes,” connect to it. These independent blockchains, known as Zones, leverage the Tendermint consensus protocol and communicate with the hub using the Inter-Blockchain Communication (IBC) protocol.
In contrast to many platforms that depend on smart contracts for inter-chain interactions, Cosmos introduces an open-source tool that allows developers to design and develop decentralized blockchain applications. Additionally, Cosmos offers software development kits (SDKs) to streamline the creation of these applications.
ATOM tokenomics
ATOM is the native token of the Cosmos network. It underpins the network's Proof of Stake (PoS) consensus model, with validators and delegators staking ATOM tokens to bolster security and partake in consensus. Moreover, ATOM holders possess governance rights, influencing the trajectory of the Cosmos network through their votes. ATOM can also be used to pay transaction fees or staked for additional rewards. An annual inflation rate of 7 percent to 20 percent incentivizes ATOM holders to stake their tokens.
Distribution of ATOM
ATOM was initially distributed as follows:
35 percent earmarked for staking rewards
30 percent disseminated to partner exchanges to ensure liquidity
10 percent set aside for the Interchain Foundation
10 percent remains with Tendermint
15 percent was allocated to the team and investors
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 12K new posts about Cosmos, driven by 7.8K contributors, and total online engagement reached 9.7M social interactions. The sentiment score for Cosmos currently stands at 64%. Compared to all cryptocurrencies, post volume for Cosmos currently ranks at 915. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Cosmos.
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Posts
12,499
Contributors
7,786
Interactions
9,733,966
Sentiment
64%
Volume rank
#915
X
Posts
6,472
Interactions
3,964,831
Sentiment
52%
Cosmos FAQ
How much is 1 Cosmos worth today?
Currently, one Cosmos is worth $4.0040. For answers and insight into Cosmos's price action, you're in the right place. Explore the latest Cosmos charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Cosmos, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Cosmos have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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