KILLER UPDATE FOR LAST WEEK
$ATOM bonded rate just hit a new high after several months --> +65%
What does bonded rate mean? It means how many ATOM tokens are beeing staked to secure the network.
In last week Bonded rate has increased for rougly +2%
Somebody has staked in 1 week over 4,7M $ATOM Tokens through Coinbase Validator. This is rougly over 55M$ investment.
Some huge institution has huge conviction for $ATOM , just like we do
Good tech won't stay under radar for long time.
This can mean just one thing. Either Coinbase is a massive supporter of Cosmos network or an institution buying through Coinbase $ATOM tokens. Keep in mind Black Rock the biggest asset manager and related institutions have now access to crypto through Coinbase
Looks like institutions know that $ATOM is massively undervalued.
Another big thing also happened.
PANTERA Capital, the biggest crypto fund just invested 6,7M$ in COSMOS Ecosystem.
Instiutions keep stacking $ATOM , are you?
ALL ROADS LEAD TO INTERNET OF BLOCKCHAINS!
moontime Baby 🤘🏻🤓