Mars Hub Launches Independent Cosmos Application Chain

An airdrop on the mainnet will unlock 64.4 million MARS tokens for Terra Classic holders who held them throughout the two historical snapshots. Osmosis blockchain will launch the first Mars outpost in early 2023.

Timeline of Cosmos

Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday's move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point.

Key Points: Quasar has successfully raised $5,432,100 (countdown intended) for its bridge round, with a $70 million valuation. A $5.4 million fundraising round headed by Shima Capital and including participation from Polychain Capital, Blockchain Capital, HASH Capital, CIB, and others was completed for Quasar, a Cosmos-based DeFi protocol.

The Cosmos [ATOM] network saw a material increase in active developers over the last few months, according to a Token Terminal tweet on 10 January. While this may seem like a positive development, ATOM's price continued to decline.

Cosmos Daily, a popular Twitter handle that posts updates related to the Cosmos ecosystem, revealed an update about the ecosystem. The Cosmos [ATOM] was the most traded Cosmos IBC token in the last seven days.

At present, HedgeUp, Atom, and Ripple have become the most sought-after cryptocurrencies owing to their stability and high out-turns.   Bitcoin has remained the top choice of investors for quite a few years.

The popular pseudonymous host of crypto market analysis show “Coin Bureau” explained in a recent interview why he is so bullish on $ATOM, the native coin of proof-of-stake (PoS) blockchain Cosmos.

While there are a number of different protocols vying for attention, Snowfall Protocol (SNW) is quickly gaining ground as a top choice for those looking to invest in the crypto space.

The $HDUP cryptocurrency will power the HedgeUp platform, allowing users to earn passive income from alternative investment instruments such as wine, diamonds, aviation, gold, fine art, and luxury watches

The current state of the crypto market has created a great deal of uncertainty in the industry. However, despite the FUD, Osmosis, a DEX on the Cosmos [ATOM] ecosystem, has continued to build and announced a new stableswap.

In December, Bitcoin outperformed the native tokens of the Solana, Ethereum, Polkadot, Binance, and Cosmos ecosystems, according to data analyzed by CryptoSlate. The post Bitcoin outperforms Layer 1s SOL, ETH, DOT, BNB, ATOM in December appeared first on CryptoSlate.