A tale of two Market Cap Trajectories going in the opposite direction?
Yup.
Chainlink has grown 25% during the latest Crypto Winter, while Cosmos Network #ATOM has lost 50% of its Dec 2022 Market Cap.
Just in the last 24 hours Chainlink is now up 40%...
So let's dive in and see why the two most prominent Interchains are diverging.
Here are a few cryptosphere realities which might be influencing both:
The BTC Maximalist Effect?
The ETH 2.0 Flippening Acceleration?
Geo Market Use Differences?
Artificial Validator Node Count Caps?
Down Economy Realities and the need to Convert Crypto to FIAT to keep solvent?
Chainlink Whale Transactions at Three-Month High as LINK Explodes: Santiment
Is Chainlink the current Whale Interchain of Choice to move value between bets? Likely.
Here might be a few reasons why:
A. Lower Fees?
B. Ease of Cross-Chain Verified Traceability?
C. Announcements of Future Staking Improvements? WEB3 spin?
BINGO its D. me thinks.
Now there's a thought, let investors not be shackled to their staking amount and at the mercy of market volatility. Agility is the name of the game these days, especially with automated order routers handling transactions these days among the big boys.
Chainlink has a Feature Road Map that Whales and small investors alike want. Chainlink have been listening
Cosmos on the other hand are running around seeking government approvals every where, so who do they really serve? The investors paying transaction fees or the government?
Hmm
As far as Cosmos Network is concerned and Informal Systems the SDK engine behind them?
"Wake up Ethan Buchman"
is about all I can think of saying at this time.
Yeah ATOM went up a bit in the last day, likely investors hedging their bets after the Chainlink roadmap induced LINK surge.
Imo cryptosphere Investors interested in the Interchain have weighed in on this current Inter-chain leadership battle, weighed and measured both leaders and, have decided in the case of COSMOS, Sexy UX/UI Candy is not enough and, the Chainlink Road Map is worthy.
This battle of the Interchain giants aint over by a long stretch, cuz Chainlink's Sergey Nazarov still needs to bear down and deliver, on time.
That said, Cosmos just got a big wake up call and,
Investors got a nice reveal of the future of the worldwide Digital InterState of Inter-Blockchains called
"No Staker Lock-in"
The future of the cryptosphere is the Inter-Chain because there are two viable choices out there that make this new market not only a reality but a FOSS Community powered certainty!
TK over and out
PS- Chainlink, road map spurts of Market Cap growth are not sustainable, just a snapshot of investor sentiment.
