The crypto market downturn that started a few days ago, leading to the fall in the price of many cryptos, appears to be coming to an end, as many coins are seeing green signals across the market. Shiba Inu (SHIB) and Dogecoin (DOGE), which have been deeply rooted in the bear market, are currently gaining upward momentum. Similarly, Watchvestor (WVTR), the luxury watch investment platform, is attracting more investors.
Shiba Inu (SHIB) Sparks Bullish Hope As Chart Turns Green
After undergoing a massive downtrend in the past week, Shiba Inu (SHIB) is gradually gaining ground. The meme coin had slipped by 21.32% just last week, with investors losing hope of a reversal. However, the past few hours have seen Shiba Inu appreciate slightly to spark the possibility of a resurgence among its holders.
The position is further reinforced by the trading charts, which show slight green lines. However, the only downside to Shiba Inu’s current upward trend is the trading volume. Over the last 24 hours, the trading volume has dropped by 42% to stand at its current $220 million.
Because of this, many investors are still skeptical about the stability of Shiba Inu and are considering alternatives such as Watchvestor as a worthy investment.
Dogecoin (DOGE) Turns Green Again After Long-Term Battle With the Bear Market
After spending months battling with the bear pressure, Dogecoin (DOGE) is back among the bullish tokens. Many analysts have attributed the recent upward movement to Dogecoin to Elon Musk’s continuous mention of the meme coin on the X platform.
Most importantly, the speculation about DOGE becoming a payment option on the X platform fueled the positive momentum.In the last 24 hours, Dogecoin has climbed by 1.24%, with the coin currently trading at $0.063.
However, the trading volume suffered a setback, losing 58% to stand at its current $320 million. As a result, many investors are yet to be convinced about Dogecoin’s resurgence. With this, many are exploring moves to Watchvestor for maximum returns.
Investors Eye Watchvestor (WVTR) as a Worthy Investment
While Shiba Inu and Dogecoin are showing bullish signals, Watchvestor (WVTR) is also attracting investors with massive promises. Watchvestor is the first blockchain-based platform where all types of luxurious watches are sold, bought, and traded. Since the costs are high up to $100,000 dollars to purchase real luxury watches physically, Watchvestor will make it affordable for every crypto enthusiast.
Watchvestor will accomplish these tasks by digitizing the watches and minting them into NFTs. These NFts, which come with a unique serial number and are registered on the blockchain, can be purchased fractionally or wholly by investors.
With just $10, investors can be a fractional owner of a minted watch NFT. Investors can go one step further by purchasing the complete NFT and getting it shipped to them.
Investors can also trade their fractional NFT watches on the Watchvestor or any NFT marketplace. To unlock the incredible potential of the Watchvestor marketplace, investors have to purchase the WVTR token, which is currently in the presale phase and selling for $0.03.
With crypto experts projecting that the token will skyrocket to $0.35 when launched, now is the time to harness this opportunity for future gains.
Find out more about the Watchvestor (WVTR) Presale Today
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