BNB and Cardano’s Downtrend Pushes Traders Toward Domini ($DOMI) Promises

In the month leading up to September 1st, Cardano ($ADA) had dropped 18.13% to $0.26.  Like many other cryptocurrencies, Compound ($COMP) saw a huge spike around July 14’s XRP Verdict. But it has struggled to keep up since then. 

Meanwhile, Domini ($DOMI) is offering general investors an innovative way to invest in high-value art. But what does Domini ($DOMI) really offer its investors besides that, and is it a good crypto to buy? Let’s look into it before we talk about Cardano ($ADA) and Compound ($COMP) in more detail.

· BUY $DOMI TOKENS NOW ·

Domini ($DOMI) Expects a 340% Price Surge By the End of its Presale 

Domini ($DOMI) is a platform bridging the gap between art and everyday investors. It aims to democratize the ownership of art once held by the privileged only. How does it do that?

Domini ($DOMI) uses NFTs to tokenize specific pieces of art. One painting, for example, may have many sub-parts in the form of NFTs. Everybody who holds a fraction of the NFT has partial ownership of the painting. Domini’s ($DOMI) process makes the barrier of entry for investments quite low. Domini ($DOMI) also makes these investments quite liquid, making it easy for you to cash out compared to the traditional art market. 

Domini’s token, $DOMI, is an Ethereum-based token with a total supply of 1 billion tokens. Interestingly, 65% of these $DOMI tokens are allocated to the presale. Starting from its initial price of $0.0021, $DOMI is expected to gain by a massive 340% to $0.0154 by the end of the presale. 

So before the price starts climbing, you might want to get in on Domini ($DOMI) to get the most out of it. Mentioning coins you might want to invest in soon, let’s talk a bit about another one of the top altcoins, Cardano ($ADA).

Cardano ($ADA) Gains Some Ground Since Robinhood’s Delisting

On June 27, Robinhood delisted Cardano ($ADA) from the exchange following the SEC’s lawsuit against Coinbase and Binance regarding the sale of securities. This may have hurt Cardano’s ($ADA) market sentiment. 

But despite the delisting, Cardano ($ADA) had managed to climb to a higher price of $0.3 on August 8 from $0.27 around the end of June, an 11% increase. This rise may have been in part due to the landmark XRP vs. SEC ruling on July 14 when Cardano ($ADA) witnessed a spike. However, despite the increase, Cardano ($ADA) fell by 3% from $0.3 on August 8 to $0.29 on August 15 and stands at $0.26 on September 1st.

So, Cardano ($ADA) is going through a turbulent time. But because of its strong fundamentals, it may be a viable choice in the long run. However, traders might want to be wary of it for the short term, given its recent losses.

Compound ($COMP) Suffers Heavy Losses Following its CEO’s Exit 

Around June 28, Compund’s founder and CEO announced his exit from the platform. This announcement came with the news of Superstate’s launch, a new entity that will bridge the gap between crypto and traditional financial assets. Although the launch of Superstate should have been good for Compound ($COMP) as a related entity, its CEO’s exit has hurt Compound ($COMP).

However, the negative market sentiment from its CEO’s departure seems to have been outweighed by July 14’s landmark development. The gains Compound ($COMP) made on July 14 after XRP’s partial court victory helped increase its price to around $70, up a massive 67% from around $42 on June 28. 

By August 15, Compound’s ($COMP) price was back down to $56, a loss of 20% from July 14. In the week ending September 1st, Compound fell again to $40.40. So overall, Compound ($COMP), one of the top DeFi coins, may still be undergoing a massive price correction. So, investors may want to ride it out until Compound ($COMP) is verifiably back on an uptrend.

Learn more about the Domini.art ($DOMI) Presale

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