ATOM Takes a Dive! North Korea’s Got Nothing on This Rollercoaster! 🎢💸

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What to know:

  • So, a former Cosmos developer with North Korea ties walks into a bar… and triggers a security overhaul at Interchain Labs! Audits say ATOM‘s code is as safe as a grandma’s secret cookie recipe! 🍪
  • ATOM took a nosedive from $4.276 to $4.086 in just 24 hours! That’s a 5.52% drop! Talk about a dramatic exit! 🎭
  • Overall momentum? Bearish! Lower highs are popping up like bad jokes at a family reunion! 🐻

Turns out, a North Korea-linked developer was tinkering with Cosmos code from 2022-2024. Now, security measures are tighter than a drum, while exchanges are throwing ATOM holders a bone with more staking options! 🦴

Currently, ATOM is trading at $4.086 after losing 5.52% of its value. It’s like watching your favorite show get canceled! 📺

Technical analysis

  • During the thrilling hour of 22:00-23:00 on June 16th, a sell-off happened with a volume so high (1.4M+) it could’ve filled a stadium! Resistance established at $4.29! 🎤
  • Support is hanging around $4.06-$4.07, like that one friend who never leaves the party! 🍻
  • Overall momentum? Still bearish! Lower highs are forming like a bad haircut! 💇‍♂️
  • But wait! A recovery happened in the last hour, climbing from $4.077 to $4.084! A 0.17% increase! It’s like a phoenix rising from the ashes! 🔥
  • Between 13:24-13:30, ATOM surged from $4.076 to $4.096! Talk about a comeback! 🏆
  • The hourly close at $4.084 suggests stabilization above the $4.07 support level. It’s like finding a dollar in your old jeans! 💵

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2025-06-17 18:33