What’s the next 1000x crypto? Unironically, those were only practice rate cuts from Jerome Powell and the Fed, and we’re pumping. And Atone Crypto, AtomOne’s token, is one of the few altcoins that exploded last week.

ATONE triggered renewed interest in Cosmos-based plays, pumping +754.4% over the last week. Besides solid fundamentals, the macro landscape is set to pump the wider crypto market.

A screenshot of cryptocurrency market data for AtomeOne (ATONE).
(Source: CoinGecko)

Here’s what Powell did:

  • Widen the wealth gap to levels not seen since the Gilded Age
  • Neglect the labor market with fake data
  • Use stealth QE to promote tangible assets like Bitcoin, gold and equities
  • Profit

He did his job to perfection. But before you chase the AtomOne rocket, the charts suggest this was more blow-off top than sustainable breakout. Let’s dig in and see whether ATONE or Cosmos tokens still have real upside.

What’s The Next 1000x Crypto? How ATONE’s Parabolic Move Fizzled Into a Falling Knife

A textbook pattern unfolded for ATONE crypto. ATONE surged toward $15 in a vicious parabolic move, then collapsed back under $2. The current support sits near $1.80 and if that fails, the next stop is $1.50.

The latest story for ATONE is a 26.7% drop over the last hour.  Resistance looms in the $3.00–$3.20 zone, where selling pressure previously crushed rallies.

(Source: TradingView)

The 20-day SMA (~$2.63) is bending downward. The 200-day SMA (~$6.10) looms overhead, and the 20 crossing down signals a brutal death cross that looks reminiscent of a rug pull. Volume peaked at the top and then sharply tapered as the drop continued, which is typical blow-off behavior.

In short, ATONE’s chart anatomy screams cautio,n and we can’t find a reason for the massive sell-off. It’s now a falling knife until bulls reclaim $3.

DISCOVER: Next 1000x Crypto – 13 Coins That Could 1000x in 2025

Is Cosmos and Its Tokens Still a Legit Bet? Does AtomOne Have Fundamentals to Back Growth?

ATONE is designed to be a community-governed, minimal fork inside the Cosmos ecosystem that supports IBC/ICS. About 36.6% of ATONE’s supply is currently bonded (staked), per explorer stats, with an unbonding period of 21 days.

Still, despite the recent spike, its market cap is modest (roughly tens of millions) and daily volume remains volatile. On-chain activity hasn’t yet justified the parabolic pop.

(Source:Cosmos Ecosystem)

Cosmos (ATOM) itself has momentum. August saw ATOM jump 3.4% as the ecosystem gained integration support (Coinbase’s dYdX support being one).

99Bitcoins analysts now project ATOM reaching $4.50 to $7.50 under moderate growth scenarios.

DISCOVER: Top 20 Crypto to Buy in 2025

Crypto to Explode In Uptober? Snorter Launches Snout First

 

The Layer-1 boom has faded, leaving the stage open for meme-driven plays that actually offer utility. SNORTER is the latest to catch attention and is on the brink of a mega pump. It could be the next 1000x crypto.

Fresh off a $4.2 million presale, and unlike ATOM or other familiar names, this one is raw. SNORTER is a Telegram sniper bot for degens, built to automate trades, copy whale wallets, and front-run the suits before they move.

“Snorter is fast, stripped down, and built for a market that rewards speed.” – 99Bitcoins analyts

(Source: Snorter Presale)

99Bitcoins analysts see Telegram utility bots like Snorter as early signals of what might drive the next phase of the bull market. Under the hood, Snorter runs a custom scanner built to sniff out sketchy contracts before they drain your wallet.

During testing, it flagged 85% of malicious tokens thanks to MEV-resistant relayers. This is shaping up to be one of the more fun meme tokens on the rise.

Visit SNORTER Here

EXPLORE: Singapore Denies Do Kwon’s $14M Refund Demand For ‘Stolen’ Penthouse

Key Takeaways

  • What’s the next 1000x crypto? Unironically, those were only practice rate cuts from Jerome Powell and the Fed, and we’re pumping.
  • 99Bitcoins analysts see Telegram utility bots like Snorter as early signals of what might drive the next phase of the bull market.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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