Shiba Inu’s price is surging. Is it time to invest?

Key Points

• Shiba Inu is quickly becoming one of the hottest new cryptocurrencies.
• With its price soaring by more than 800% over the past month, it’s a tempting investment.
• There are several factors to consider before investing in Shiba Inu.

The ATOM token has skyrocketed more than 540% year to date.

What happened

Cosmos (CRYPTO:ATOM) recently announced the launch of a new blockchain network, and its ATOM cryptocurrency token is climbing as a result. ATOM was up roughly 6.1% over the previous 24 hours as of 4:45 p.m. EDT.

The Cosmos team announced on Oct. 19 that it would be launching a new blockchain dubbed Sagan. The new blockchain network, which is named after astronomer Carl Sagan, will be used for application testing and experimentation.

The two cryptocurrencies share many features, but which one is a better investment?

• Ethereum has plenty of advantages, but it’s not perfect.
• Cardano is still new to the game, but it’s becoming a strong competitor.
• The right option for you will depend on your tolerance for risk.

The National Basketball Association is preparing  for its 75th anniversary on Tuesday. But it also increased its presence in the cryptocurrency space as it braces for the future.

The NBA agreed to its first cryptocurrency sponsorship deal with Coinbase, the publicly traded company that makes an exchange for crypto trading. In the agreement, Coinbase will leverage just about all the NBA’s platforms including the WNBA, NBA G League, NBA 2K League and USA Basketball. Terms of the deal were not provided.

This list is dynamically created with intra-day price updates. Follow to find and monitor cryptocurrencies with the highest market capitalization. Cryptocurrency is also called coins or virtual money.

For prospective cryptocurrency investors, it can be intimidating to sift through the thousands of digital currencies and try to pick one at the exchange. One approach could be to examine the market capitalisation of a virtual currency.

Get Cosmos Coin price, CMOS chart, trading volume, market cap, exchanges and more.

“Cosmos is a decentralized, peer to peer currency that runs a highly efficient and profitable masternode network.

The market is currently saturated with high return POS coins that die very quickly due to ridiculous inflation levels coupled with developers dumping their pre-mine, which ends up eroding long term value for investors. The development team wants to maintain as much integrity as possible, with maximum transparency regarding issues such as the distribution model, pre-mine and block explorer.”