Both Shiba Inu ($SHIB) and Dogecoin ($DOGE) hail from the meme coin category, and investors have been wary about purchasing non-utility tokens since the 2022 crypto bear market. Currently, investors say the best crypto investment for reliable ROI is Domini.art ($DOMI). Read to discover expert opinions and forecasts on these top altcoins and the new crypto tokens.
Shiba Inu’s Shibarium Set to Hit Another Milestone
Shiba Inu launched Shibarium in August, and the blockchain bounced back after its initial setback. Recent on-chain data reveals that Shibarium is nearing the three million total transaction mark. The platform has processed over 2.8 million transactions since its launch, and analysts say the blockchain may hit this mark in the next few days. Shibarium also boasts 1,246,500 wallets and 695,663 total blocks.
Despite Shibarium’s ecosystem progress, $SHIB has not seen any significant liquidity inflow in September, and the token maintained a ranging price movement during this period. On September 12, $SHIB traded for $0.000007212. A week later, $SHIB gained 0.94% and is trading for $0.000007287. Analysts say $SHIB will record a significant price surge in Q4 2023 if Shibarium sees massive user adoption.
Dogecoin: Investors Display Apathy in September
On September 11, the co-founder of Dogecoin, Billy Markus (also known as Shibetoshi Nakamoto on X), provided a reason why $DOGE is falling. The founder said on X that he likes “when people ask why crypto is falling as if there’s any rationality in trading hash strings for thousands of dollars in the first place.”
In addition, top $DOGE influencers like Elon Musk have been quiet about the token recently, leaving investors to wonder if Dogecoin’s relevance is declining. Like $SHIB, $DOGE maintained a ranging price movement in the third week of September.
On September 12, the token traded at $0.06108. The following week, $DOGE gained 1.85% and is trading for $0.06228 on September 19. Analysts say Dogecoin bulls may not return to the market in Q4 2023 unless a significant ecosystem development occurs.
$DOMI Prepares to Deliver Massive ROI to Early Investors
Domini.art is a creative blockchain-based art marketplace that allows art investors to own fractionalized shares in high-end blue-chip artworks. As a result, prestigious artworks have democratized ownership, leading to more excellent value for the assets and increased liquidity in the art market.
All artworks are tokenized as trending NFTs, giving them an immutable ownership record and making fractionalized investments easier.Furthermore, Domini.art features a dedicated NFT marketplace where art investors from all backgrounds can trade artwork shares in a fair environment.
$DOMI is in its first presale stage, and the token is selling for $0.002625. At the end of all presale stages, $DOMI will list on major crypto exchanges and sell for $0.015400. This price action will deliver a 487% ROI to early $DOMI investors.
For Info about $DOMI, visit the Domini presale or Join the Community
Source: https://www.analyticsinsight.net/shib-and-doge-battle-for-market-liquidity-domi-is-the-best-utility-to-grow-wealth/