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An ATOM Split?

Cosmos Hub disharmony could lead to a founder-led chain split
Jack Inabinet Jack Inabinet Nov 30, 20231 min read
market analysis An ATOM Split?

The Cosmos Hub (ATOM) is undergoing major changes. Token holders voted to cut ATOM inflation in half last week, but not everyone is happy: ecosystem leadership is now advocating for a chain split! Where’s the ATOM opportunity?

ATOM price reacted positively to confirmation that inflation would be reduced, with the token rallying 8% on Saturday after the vote closed. While the market was pricing in the implications of reduced future sell pressure, the chain’s founder made public his intentions to rage quit after the vote failed to go his way.

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Jack Inabinet

Written by Jack Inabinet

277 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business and remains based out of the Seattle area.

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