Near Protocol (NEAR) and Zilliqa (ZIL) have been eye-catching for investors and crypto enthusiasts. With their exponential growth rate, the coins have been promising and assuring traders of maximum returns on investment. However, the tide has changed as the sudden crypto market downturn has created a different experience. Follow closely to understand the impact of the crypto market downturn on Near Protocol, Zilliqa and why investors have moved over to Watchvestor.
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Can Near Protocol (NEAR) Bounce Back From the Bearish Trend?
Near Protocol (NEAR) has had an unstable chart in the crypto market in the last few days. It is one of the popular coins due to its community-run cloud computing platform that tackles blockchain limitations like poor interoperability, low throughput, and low transaction speeds. It also has a consensus mechanism that helps to solve scaling problems.
The bearish trend in the crypto market affected Near protocol, with the coin losing 4.5% of its value in the last 24 hours and currently trading at $1.15. Due to the crypto market downturn, investors are skeptical about investing in the project.
However, analysts are optimistic about a reversal very soon. This led to the question,” How long before Near Protocol bounces back from the crypto market crash? While we anticipate a resurgence soon, holders are weighing their options.
Zilliqa (ZIL) – Can this be a worthy investment for Crypto enthusiasts?
Zilliqa (ZIL) has been argued to be a prospective choice for crypto investors. With the ability to carry out numerous transactions at the speed of light, it has been an eye-catching option. Several decentralized applications have relied on it for their yield farming and staking.
Despite having a market cap of $262,313,527, Zilliqa has not been on top of the market trends in recent times. The market downturn has made its situation slightly complicated with the coin’s value dropping by 7% in the last 24 hours and trading at $0.016 at the time of writing.
This has left investors with no choice but to look for an alternative project with high ROI. However, since Zilliqa still solves the same scalability problem, can it still remain a worthy investment for crypto enthusiasts? Analyst and crypto price prediction platforms are projecting a resurgence soon which would lead to a bull run for the ZIL token.
Watchvestor (WVTR) – The Investor’s Reliable Choice
While Near Protocol and Zilliqa are battling bearish pressure, Watchvestor (WVTR) has become a reliable choice for investors due to its unique offering combining luxury watches with crypto. Just like buying shares in companies, owners can possess their NFTs and even redeem them to be physical watches.
With Watchvestor (WVTR), users have no worries about the authenticity of their favorite Patek, Role, and Richard Mille. The watches on display at Watchvestor are equipped with unique serial numbers and registered on the blockchain to avoid identity theft issues.
Watchvestor (WVTR) has an ecosystem that improves liquidity, maintains digital authenticity, and has fractional ownership of luxurious watches. The market cap of the luxury watch market is projected to grow by 2.38% annually, with an estimated value of 42B in 2022.
The project is currently in the presale phase, with the token trading at $0.03. Crypto experts have predicted that the WVTR token’s value will likely surge by 12x when launched, which could take the price to $0.35.
Find out more about the Watchvestor (WVTR) Presale Today
Website: https://watchvestor.com/
Telegram Community: https://t.me/WatchvestorOfficial
