Dogecoin (DOGE) initially saw an upswing in value but, as of recently, has been entering a bearish pattern, leaving many investors worried. Polygon (MATIC) could soon reclaim $0.60 with its bullish outlook, and analysts predict that the upcoming Watchvetsor (WVTR) project can surge to $0.35 by the end of the year.
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Dogecoin (DOGE) Future Outlook
The Dogecoin (DOGE) cryptocurrency is now trading at a value of $0.063682. During the past week, the crypto experienced its high point of value at $0.076952, with its low point at $0.059571.
Currently, it needs to break past the $0.78 price barrier in order to reach new heights. However, analysts are bullish on the future of the Dogecoin crypto. In the past week, its price fell by 17%. However, in the last 24 hours, it’s up 1.7%.
Consequently, according to the Dogecoin price prediction, it can reach $0.098 by the end of the year. As a point of comparison, today, the Dogecoin market cap is at $8,980,667,028, and its 24-hour trading volume is at $352,669,007. Alongside Dogecoin, Polygon and Watchvestor grabbed attention.
Polygon (MATIC) Is Attempting to Reclaim $0.60
The Polygon (MATIC) cryptocurrency broke down from a short-term ascending trend but can soon regain some of its value, according to analysts. Throughout the past week, the Polygon crypto went down as $0.558024 and as high as $0.686420 in value.
Moreover, as of August 19, 2023, Polygon trades at $0.581949 and is now attempting to reclaim $0.60. With a market cap of $5,427,143,210 and a trading volume of $186,957,646, the Polygon crypto is now the 13th largest on the top 100 list. In the past week, the overall price decrease was at 14.4%, but the price began to recover in the last 24 hours with a 1.4% upswing. Based on the Polygon price prediction, it will spike to $0.87 by the end of the year.
Analysts Expect Watchvestor (WVTR) To Reach $0.35 by the End of 2023
Aside from Dogecoin and Polygon, there’s Watchvestor (WVTR), which analysts predict can spike to $0.5 as its next price target. Investors are consistently looking for ways through which they can diversify their holdings, and one industry that has grown in popularity is luxury watch collecting.
However, with some watches costing between $10,000, $100,000, and $1,000,000, it can be difficult for most people to access the asset class. Consequently, Watchvestor is a project that will reduce this barrier of entry to as little as $10. This is done through the usage of fractional NFTs.
There’s a dedicated marketplace, which will be backed by real watches stored in vaults. Each watch is analyzed, verified, and the serial numbers and certificates get recorded within the metadata. Then, through fractionalization, it gets split among smaller pieces that are extremely affordable.
This ensures that anyone can get verified, transparent watches at the lowest possible cost. Subsequently, each ecosystem participant can trade their fractions 24/7 on secondary marketplaces that support Ethereum-based cryptocurrencies like OpenSea.
WVTR is the crypto that’s at the core of the project. It’s used for governance, membership in the Vibrant Communities, and staking. As of August 19, 2023, the project is in the early presale period, and WVTR trades at just $0.03. However, analysts predict that it will climb to $0.35 by the end of the year.
Find out more about the Watchvestor (WVTR) Presale Today
Website: https://watchvestor.com/
Telegram Community: https://t.me/WatchvestorOfficial
Source: https://www.analyticsinsight.net/dogecoin-doge-struggles-to-maintain-momentum-polygon-matic-surprises-investors-and-watchvestor-wvtr-will-climb-to-0-35/