2 Reasons Why Cosmos' ATOM Token Is Soaring Today

One of the more intriguing top 20 cryptocurrencies by market capitalization few investors may have heard of is Cosmos (CRYPTO: ATOM). This token has been on a tear over the past week, appreciating nearly 30%. Today, it rose 5.8% over the past 24 hours, as of 1:15 p.m. ET. 

This impressive performance has been driven by two key factors investors have their eye on. 

First, cryptocurrency exchange FTX announced that it would list Cosmos' ATOM token on a spot market basis. The ATOM-USD and ATOM-USDT trading pairs will be available starting at 2 p.m. UTC today. 

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Source Fool.com