AD
AD

Top altcoins like Cosmos ($ATOM) and Polkadot ($DOT) have suffered losses in the wake of the August 17, 2023 market crash. While both coins struggle to recover, some may be pinning their hopes on projects like Domini ($DOMI), with a 633% surge on the books.

We’ll talk more about Domini ($DOMI) in a bit. But first, let’s look at Cosmos’ ($ATOM) and Polkadot’s ($DOT) current situation.

BUY $DOMI NOW ·

Cosmos ($ATOM) Suffers Despite Upgrade Announcement 

On August 11, 2023, Cosmos ($ATOM) announced that the blockchain would be undergoing an update. This update was completed by August 16 and improved Cosmos ($ATOM) in the long run by improving things like the network’s security.

However, despite this positive development, $ATOM went from $8.4 on August 11 to $6.6 on September 2, a 21.4% fall. This is likely related to the market crash that began around mid-August. 

Unfortunately for Cosmos ($ATOM), the downward momentum may continue. The technical indicators for Cosmos ($ATOM), especially the moving averages, indicate a strongly bearish sentiment in the coming days. 

So, while Cosmos ($ATOM) goes through a rough patch, is Polkadot ($DOT) a good crypto to buy?

Polkadot ($DOT) Also Becomes a Victim Of The Bear Market 

On August 29, 2023, Polkadot ($DOT) announced that it would be holding a voting event about listing $DOT on the Kasuma Asset Hub. The Kasuma Asset Hub is a system parachain on the Kasuma blockchain that lets users create and send tokens. Listing $DOT on the Kasuma Asset Hub should help Polkadot ($DOT) expand its presence.

However, despite this positive development, Polkadot ($DOT) fell from $7.4 on August 29 to $6.6 on September 2, a 6.6% decline. Experts may attribute this to the overwhelming market volatility following the flash market crash in the previous weeks. 

As for Polkadot’s ($DOT) price prediction in the coming days, Polkadot ($DOT) may fall further. Despite being one of the top altcoins, Polkadot’s ($DOT) monthly technical indicators point towards a bearish movement.

So, with Cosmos ($ATOM) and Polkadot ($DOT) out for the count, is Domini ($DOMI) the best crypto to buy?

Domini ($DOMI) Brings the Convenience of Blockchain to the World of Art 

Domini ($DOMI) is the innovative blockchain version of the traditional art market. It gives you access to blue-chip artworks previously only available to a select few. Now, you can participate in the lucrative art market at a fraction of the price you would have had to pay otherwise.

 So, how does Domini ($DOMI) do this? Well, for one, it uses NFTs and fractionalization. This means Domini ($DOMI) converts artworks into digital assets and splits their ownership into smaller parts. People can invest in the ownership of these assets using the Domini ($DOMI) marketplace. 

The Domini ($DOMI) marketplace helps users build a diverse portfolio by trading asset ownership with each other. And if you’re unsure about which assets to buy from the Domini ($DOMI) marketplace, you can also use Domini’s ($DOMI) advisory services to help point you to the best investment.

The art market historically yields 7% returns, and Domini’s ($DOMI) place as a groundbreaker in the space should mean it makes even greater returns. If you invest now, you can expect a massive 633% gain as the price increases from $0.0021 to $0.0154 by the end of the presale.

Learn more about $DOMI here:

Visit Domini Presale | Join Our Community

Subscribe to our daily newsletter!


          No spam, no lies, only insights. You can unsubscribe at any time.

This publication is sponsored. Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

Steve, a seasoned blockchain writer with eight years of dedicated experience, brings a wealth of knowledge and passion to the world of cryptocurrency. His journey as a crypto enthusiast spans even longer, fueling his continuous dedication to this transformative technology. Steve's true calling lies in the potential of blockchain to drive positive change, particularly in addressing the pressing issues confronting developing nations. With a deep-rooted commitment to advancing the adoption of blockchain solutions, he strives to bridge the gap between innovation and impact, making the world a better place through blockchain's incredible potential. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

Exit mobile version