- The JUNO coin is favoring the bulls by 3.6% at $30.89 in the intraday session.
- The JUNO coin has shown strength by increasing $25.8 to $31.13 in just 7-days.
- JUNO/BTC pair price is trading at 0.0007135 satoshis, which is bullish by 5.8%.
What is a JUNO coin?
Juno is a self-contained public blockchain in the Cosmos ecosystem that enables the development of compatible smart contracts. The network provides a decentralized, permissionless, and censorship-resistant platform enabling developers to swiftly and safely create smart contracts using established frameworks and compiling them in multiple languages such as Rust and Go. Contract modules that have been battle proven, such as CosmIsm, enable decentralized applications (dapps) to be built on resilient and secure multi-chain smart contracts.
Juno, like a layer 1 smart contract network, addresses the bottlenecks of first generation smart contracts, such as limited scalability and high deployment and execution costs, and provides an easy environment for developers all over the world to deploy easily, deployable, secure decentralized applications efficiently.
Created by $ATOM investors and delivered entirely to staked atom investors. Juno is a grassroots attempt to create a sister hub to the Cosmos Hub. The primary goal is to transfer smart contract burden to a specified zone while also delivering utility back to the Hub. Atom owners have a solid motivation to foster a healthy collaboration atmosphere with the Cosmos Hub and, ultimately, enhance Juno security with Cosmos Hub shared security.
JUNO coin’s price prediction 2022
At the time of writing, the JUNO coin is trading at $30.81, which is bullish by 3.50%. The Coin has increased its cost from $25.8 to $31.13 in just 7-days trading session. Nowadays, the coin is just near its all-time high mark and may hit it’s ATH again at the end of this month.
The trading volume has declined by 46% at $5.39 million, over the past 24-hours session. For the past several days the volume data reflects the stability in the coin price apart from yesterday’s session where the trading volume had jumped above $10 million. The coin price is trading near $30-round level, bulls may dump the coin price if bulls fail to step up and push the price higher. However, the volume to market capitalization ratio is 0.004002. The coin has immediate resistance at $32.48 (ATH-mark) and, $30-level may act as a support if bulls sustain the price above $30.
Conclusion
If a person is looking for a platform to implement smart contracts, the JUNO coin might become a good investment.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.