Hello and welcome to CryptoBull in this video. We are going to do another interesting project. We will be doing a price prediction for Cosmos. But before we start, if you are new to CryptoBull channel, this is the place where we are reviewing or doing a quick reviews and price predictions for different cryptocurrency project sores. We are doing some trading, click on CryptoBull under this video and you will get redirected to channel's homepage of CryptoBull. Here you will find this playlist, CryptoPrice Predictions and many cryptocurrencies which we have predicted here on CryptoBull. They already are making X's on CryptoBull channel. We are doing trading and I haven't been making recently any videos on trading but I will start doing it because many of you are asking me in my Patreon to make videos also in trading. And if you are interested in my low-cap Crypto cryptocurrency picks, then those I am adding to my Patreon and I am doing it almost every day. Or my Crypto cryptocurrency projects where we can invest and we can make 10000 X's on our investment. Let's get into the project. Cosmos is a smart contract platform. If you think about Bitcoin for example, then Bitcoin is only payment platform. Where all transactions which are being done on Bitcoin blockchain are stored in blocks and those blocks are organized in queues and they run on one whole blockchain. And this blockchain is getting bigger with every single day because more and more transactions are being done and more and more blocks have been generated on Bitcoin blockchain. Every 10 seconds one block is being added to Bitcoin's blockchain. So Bitcoin was the version one blockchain. Then came in Ethereum and Ethereum created another blockchain which also runs on one blockchain. Only difference is that on an Ethereum blockchain technology was created to create a smart contract. Developers are able to create a DApps for decentralized applications or decentralized websites. You can think about DApps. It's the same only difference in DApps is that there is also behind the user interface. There is also a blockchain. If you take down for example, you will not destroy the blockchain functionality because blockchain runs independently. But the thing here is that all transactions and all DApps and everything is being built on Ethereum one blockchain. And this makes these blockchains very overloaded. It makes them very expensive. As you know for example now if you are sending transactions on Ethereum, they are very expensive source. They are getting very slow. So as some transactions doesn't go through they go as failed. Just because there is too many transactions on Ethereum blockchain. So for that reason we obviously needed level 3 blockchains similar as Polkadot which we already reviewed in one of my previous videos. And Cosmos and Cosmos is also very similar to Polkadot blockchain technology. And if you haven't watched my Volkadot video goal and watched that video also, I have that also in this playlist which I showed you just now guys. Crypto price predictions which is this first playlist guys. So what is Cosmos? Cosmos is similar blockchain to Polkadot. And what's the difference in these blockchains or these are Web 3 blockchains which are creating independent blockchains. On Cosmos there is the main hub which is main blockchain but the thing is that their blockchains or different DAPS or applications or new blockchains can be created separately. And they are called zones on Cosmos. And this allows for cheaper transactions. This allows for faster transactions. And this makes these blockchains which are built on Cosmos independent one from each other. This means that if one of these blockchains gets overloaded we straficking it doesn't affect all other blockchains which are being built on Cosmos or on Polkadot. So for example as we reviewed in my Polkadot video. But if on Ethereum which is level 2 blockchain technology if you build something and if blockchain Ethereum blockchain gets overloaded it overloads all applications, all DAPS which are building built on Ethereum blockchain. That's pretty much the main thing and if you are interested to learn more about Cosmos what is Cosmos you can come in here in their website. This is huge and this is legit project guys. And you can click here on what is Cosmos. Strictly speaking, Cosmos is the centralized network of independent parallel blockchains. So different blockchains which are independent from each other. So they don't overload each other when there is traffic or more traffic or more users for example to one particular blockchain which is built on Cosmos. However these all are like I saw each separate blockchain which is built on Cosmos. They are called zones and they are connected to main hub which is called hub in Cosmos ecosystem. And each powered by BFT consensus algorithm like tender mint consensus and in other words Cosmos in ecosystem of blockchains that can scale and interoperate with each other. More information you can find here like what is blockchain if you are interested in general what to understand what is blockchain and how it works and how does Cosmos fit into the broader blockchain ecosystem. I will not be reading I will not be getting into technicalities of any of these projects come in and read them for yourself. But now let's get to the main question of the video what is the potential of cryptocurrency Cosmos and that is our ticket for Cosmos is atom. As you can see here guys you can click on Explorers and you will not be able to find it on Etterscan. Which means that this is the coin and this is one of those cryptocurrencies which is coin which doesn't run on Ethereum and they have built their own blockchain. This is what you need to understand you will not be able to send it to your Ethereum wallet as with many other cryptocurrencies which we have been reviewing on this cryptoable channel guys. So if we look at circulating supply currently in circulation there is only 210 million. If we for example would compare just for comparison Polkadot which is also the same type of blockchain guys which provides pretty much the same only there is some technical differences. You will see that this Polkadot currently has in circulation 908 million where in Cosmos we have only 210 million. And on Cosmos guys by the way there is much more applications already built than on Polkadot ecosystem. So for me if I look at all these comparisons and Cosmos is also around lots of time as you can see here if we come into coin market cap and we check for example here since when Cosmos is already here listed you will see that it is March 2019. So this is already for a couple years around and this is legit blockchain similar as Polkadot with legit team on which already there already have been built lots of different apps much more than on Polkadot like I mentioned already guys. So to my opinion this project is undervalued very highly undervalued because this is working project if it is legit project it has less in circulation tokens and there will ever be less tokens than in for example Polkadot and currently it costs only 23 dollars. So to my opinion this price could go up to 100 150 dollars easily in this 2021 altcoin season. And this guys as always is just my opinion this is not a financial advice and if you found this video useful leave a like share this video subscribe to my channel if you are new and if you have projects leave them in comments of this video and see you in the next one.