Safe Haven Assets To Have in Your Portfolio – Litecoin, Chainlink, and Pomerdoge

Very high volatility is one of the major things associated with cryptocurrencies. However, not all digital assets share the same level of volatility. The less volatile cryptos are often called safe haven assets and are a must-have in every crypto portfolio. Litecoin (LTC), Chainlink (LINK), and Pomerdoge (POMD) have been picked by experts as options to mitigate risk while providing substantial gains.

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Litecoin (LTC) Could Rally Ahead of Halving Event

One of the oldest cryptocurrencies, Litecoin (LTC) could be on the cusp of another bull market. With the next Litecoin halving projected to happen next week, the chances of a price increase for Litecoin are high. This is because the last two halving events were followed by significant price increases.

At the time of this writing, Litecoin trades at $91.84, gaining 1.5% over the last 24 hours. If the rally holds up, crypto experts have predicted that LTC could trade as high as $150. Coin Price Forecast has predicted a 60% increase from the current price of Litecoin at $91.18.

Litecoin is also considered a safe haven asset largely because of its utility. In addition, the long-term success of Litecoin also adds to its risk mitigation.

Chainlink (LINK) Connects the World To Blockchain

Chainlink (LINK) is one project that has become very popular for its unique use cases. The Chainlink project is built to connect the world to the blockchain. The platform enables developers, startups, and enterprises to easily build Web 3 projects.

As a result, the Chainlink project has become very popular among institutional investors. Chainlink has entered partnerships with leading names in different industries, including Swift, QuickNode, PwC, and Celo, among others.

In addition to being a secure asset, Chainlink also promises a substantial increase. In the last week, the price of LINK has increased by more than 18%. At the time of this writing, Chainlink trades at $7.89 and could rally by more than 10% if it breaks above the $8 resistance.

Pomerdoge (POMD) To Lead the P2E Space in 2023

Pomerdoge is another project that offers massive utility and a chance of a great increase in its price in 2023. This new project aims to capitalize on the potential of the fast-growing blockchain gaming market as a P2E cryptocurrency game.

According to data from MarketsandMarkets, the global blockchain gaming market will hit $65.7 billion by 2027. Pomerdoge has been predicted to play a significant role in the growth of P2E as one of the first all-inclusive gaming platforms.

Currently, the price of POMD stands at a mere $0.007, but crypto analysts have expressed a bullish outlook on the project.

They have projected that the price of POMD would end the year with an impressive 4,000% ROI for early investors. If Pomerdoge soars by 4,000%, the token’s price would soar to $0.28.

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