Cosmos Founder Calls For Chain Split, ATOM Down 3%

Still, as of writing, ATOM traded 3.5% lower on the day at $9.59, according to CoinDesk data. The cryptocurrency peeped above $10 over the weekend but failed to establish a foothold above the three-week-long resistance. The weakness perhaps stems from bitcoin, the industry leaders, struggling to get past the $38,000 mark.

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