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Prime Investment Window: Domini ($DOMI) Offers 20x Potential, As Lido DAO and Cosmos Stumble
Metaverse tokens like Decentraland ($MANA) recorded reduced user activity in 2023 due to waning investor interest. On the other hand, Curve DAO’s (CRV) ecosystem recorded a decline after successful exploits on its liquidity pools. According to investors, Domini ($DOMI) is the best new crypto to invest in in 2023. Keep reading to learn why investors left $MANA and CRV to invest in Domini ($DOMI).
Decentraland ($MANA) Suffers Declining Ecosystem
According to on-chain data from Santiment, Decentraland ($MANA) Network Growth fell by 73% between July 24 and August 6, 2023. It fell further throughout August, recording a 22% decline by September 2nd. The number of new wallet addresses fell from 782 to 209. Some experts believe this decline is due to the recent SEC regulatory clampdown on Decentraland ($MANA). On August 9, Bitstamp (a major crypto exchange) announced that it would suspend Decentraland ($MANA) trading from August 29.
These ecosystem developments triggered a bearish price movement for Decentraland ($MANA) in August. On August 10 isold for $0.3683. Decentraland ($MANA) fell by 10.23% in a week, and is selling for $0.3304 on August 17.As of September 2nd, Decentraland ($MANA) is trading at $0.2922. Analysts say the crypto industry is slowly moving away from metaverse tokens, and top crypto coins like Decentraland ($MANA) may record an extended bear run in the coming weeks.
Curve (DAO) Records Extended Bear Run
Curve Finance suffered exploits in late July 2023, and the platform lost over $52 million within three days. According to Curve finance founder Michael Egorov, the DEX has recovered 70% of the stolen funds. Also, Curve DAO (CRV) enjoyed patronage from Binance Labs and Aave. Binance Labs pledged a strategic $5 million investment in Curve DAO (CRV), while Aave DAO voted to acquire $2 million worth of Curve DAO (CRV) tokens.
Despite interventions from crypto organizations, the exploits still put Curve DAO (CRV) on a bearish trajectory. On August 10, Curve DAO (CRV) traded at $0.6104. Seven days later, Curve DAO (CRV) was trading at $0.5412 after losing 11.35%. As of September 2nd, Curve DAO (CRV) is valued at $ 0.4385. Analysts say Curve DAO (CRV) may surge in 2023 when the crypto bull cycle returns. Currently, Curve DAO (CRV) investors agree that the best crypto investment in Q3 2023 is Domini ($DOMI).
Domini ($DOMI) Aims to Disrupt Art Investment Through Blockchain Technology
Domini ($DOMI) is a unique art marketplace that combines traditional art investment and novel blockchain technology to democratize high-end art ownership. Historical data shows that art investment portfolios generate an average of 7.6% ROI annually. Domini ($DOMI) allows art investors to own shares in prestigious artworks through fractional investments. Each artwork undergoes authenticity checks before listing on Domini ($DOMI).
Some benefits of buying Domini ($DOMI) tokens include priority access to new artworks, enhanced customer support, personalized recommendations, and discounts. IT EDE will sell for $0.0021 at its initial presale and trade for $0.0154 when it launches in the mainstream market. This massive price surge will represent a 340% ROI for early Domini ($DOMI) investors.
Learn more about the Domini ($DOMI) presale here:
Presale: https://domini.art/
Telegram:
Twitter: https://twitter.com/Dominigallery
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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