Cosmos' ATOM token has declined 7.85% over the past 24 hours, falling from $8.11 to $7.48 as of August 18, 2023. This extends the downward momentum seen over the past week, in which ATOM has sunk 10.83%.

Looking further back reveals even greater erosion. Over the past month, ATOM is down 19.55%, while the past 6 months show a substantial 47.69% decline.

However, Cosmos remains a top 20 cryptocurrency with a market capitalization now standing at $2.58 billion. Its 24-hour trading volume hit $231.17 million, indicating there is still meaningful interest in ATOM despite its lackluster price performance.

From a technical standpoint, ATOM appears oversold with its Relative Strength Index around 30. Previous instances when ATOM neared oversold territory marked profitable buying opportunities, suggesting current weakness may precede the next upswing.

Broader macroeconomic concerns such as rising rates, high inflation, and recession fears have weighed on cryptocurrency prices recently. However, Cosmos' role in powering the blockchain interoperability movement could enable it to outperform most crypto assets over the long run.

Current Prices Make Cosmos an Attractive Buy

With ATOM trading nearly 80% below its all-time high, current prices present an appealing entry point for long-term crypto investors.

As an interoperability-focused blockchain network, Cosmos aims to enable communication between different cryptocurrencies and blockchains. This addresses a major pain point that has slowed mainstream adoption of decentralized technologies.

Cosmos' robust developer ecosystem and real-world bridging capabilities position it well to capture growing demand for interconnected blockchain environments.

Considering ATOM's severe discount from past price levels and Cosmos' integral role facilitating the decentralized future, substantial upside potential exists for patient holders willing to endure near-term volatility.

I Predict Cosmos Reaching $50 by 2025

Given Cosmos' integral utility promoting blockchain interoperability, strong developer community, and undervalued current pricing, I anticipate its ATOM token ascending to $50 by 2025. This represents over 550% upside from today's levels.

As blockchain adoption accelerates, the ability for disparate cryptocurrency and blockchain networks to seamlessly interact will become critical. Cosmos' advanced bridging solutions address this need for communication and data transfer.

Once the current risk-off environment shifts back to risk-on, leading altcoins like Cosmos with real-world utility typically surge to reprice in the future growth they enable.

From a long-term perspective, Cosmos appears significantly undervalued at current levels compared to its potential as a core infrastructure layer of the decentralized Web 3.0. Its next bull run could be explosive.

While short-term volatility remains likely, Cosmos seems well-positioned to massively outperform Bitcoin and other crypto assets over the course of the next 2-3 years as its critical bridging capabilities gain traction.

Should I Buy Cosmos Now?

For investors seeking established blockchain projects with practical utility, current conditions make Cosmos worth considering.

ATOM can be purchased at an extreme discount compared to past price levels. This suggests substantial upside potential exists once macro pressures fade and crypto bullishness returns.

However, short-term risks remain elevated. Cosmos' price could continue declining alongside broader crypto market weakness if economic conditions further deteriorate. Appropriate risk management is still essential.

But for long-term, utility-focused crypto investors, accumulating ATOM during bearish sentiment could yield tremendous rewards in the years ahead. The opportunity appears well-worth the inherent volatility and uncertainty.

How Much Cosmos Should I Buy?

Determining how much Cosmos to buy depends primarily on your risk tolerance and investing time horizon. As a volatile cryptocurrency, ATOM should represent only a small portion of a diversified portfolio.

Most experts suggest allocating 1-5% of your total assets to any single crypto asset. This provides ample upside exposure while limiting downside risk. More conservative investors should cap ATOM below 1%, while aggressive investors may opt for up to 10%.

Dollar cost averaging - making small recurring buys - can help smooth out volatility compared to a large lump-sum investment. Cosmos is a long-term play, so avoid overallocating funds you may need access to in the short-term.

Considering your specific risk appetite and timeline enables determining a prudent ATOM allocation that balances its substantial growth potential with the inherent volatility and risks of crypto investing.