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Cosmos (ATOM) Shows Signs of Recovery Amidst Bearish Market Sentiment

Cosmos (ATOM) experienced a bearish trend on April 17, 2023, dropping the asset to a low of $10.12 from $12.88. However, the current month has seen a surge in demand for Cosmos (ATOM), leading to a remarkable price performance. The 24-hour trading volume is up by 9.04%, indicating that the market activities around ATOM are increasing. The ecosystem recently announced the adoption of its first Cosmos native shared security model by a widely known Permissionless CosmWasm platform called Neutron, which could attract more investors, traders, and institutions into the network, driving the demand for ATOM significantly over time.

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