Analysts and investors consistently eye the on-chart data for various cryptocurrencies with the goal of predicting which altcoin can surge in value. The investor who successfully managed to predict that Shiba Inu (SHIB) and THORChain (RUNE) can surge in value is now eyeing Watchvestor (WVTR). Today, we will go over the predictions and see why the analyst is so bullish on this upcoming crypto.
Invest in Rolex, Patek Phillippe, Richard Mille, AP for as little as $10
Shiba Inu (SHIB) Future Outlook
The Shiba Inu (SHIB) cryptocurrency is eyeing another price increase with the launch of the Shibarium Layer-2 network. The weekly indicator readings and price actions are bullish and support a breakout from the current pattern that can accelerate this price increase. However, despite these bullish Shiba Inu price predictions, the weekly and monthly charts are not too promising.
The Shiba Inu crypto has increased swiftly since reaching a new annual low point at $0.0000054 on June 10. As of August 18, 2023, the crypto trades at $0.00000865. The Shiba Inu price saw its low weekly point at $0.00000791, with its high point at $0.00001119.
Overall, in the past month, the crypto has been up 8.9%, while in the past seven days, it’s been down 15.8%. Based on the Shiba Inu price prediction, it can reach $0.00001078 by the end of the year.
THORChain (RUNE) Up 58.7% on 14-day Chart
The THORChain (RUNE) crypto surprised investors and traders with a massive upward trend in its value. As of August 18, 2023, the THORChain crypto trades at $1.47. During the past week, the crypto had its low point at $1.08, with its high point at $1.62.
Moreover, during the past month, THORChain has been up 47%. In the past 14 days alone, the crypto went up in value by 58.7%.
The THORChain crypto has a market cap of of $438,593,069 and a 24-hour trading volume of $142,218,608, According to the THORChain price prediction, it can reach $1.19 by the end of the year.
Watchvestor (WVTR) Will Enable Anyone Entry Into Luxury Ownership
Alongside Shiba Inu and THORChain, Watchvestor (WVTR) has grabbed the attention of thousands of investors and traders. During the early presale period, WVTR is selling at just $0.03.
With more investors jumping on board the project on a daily basis, the price is expected to surge. According to analysts, its value can spike to $0.5 at launch. So why did this project gain so much attention?
Watchvestor is the world’s first blockchain-powered fractional investment platform exclusive to making investments into luxury watches. This means that any user that utilizes the capabilities of Watchvestor will be able to buy, sell and invest in rare, collectible watches from brands like Rolex, Patek Phillippe, Richard Mille Audemars Piguet for as little as $10.
Watches get minted in the form of NFTs on top of the network. Subsequently, each NFT is backed by a real, physical watch. Each watch is authenticated, insured, and stored in the secure vault. All of the information gets permanently recorded within the metadata. NFTs then get fractionalized into smaller pieces.
Investors can now either buy a small percentage of an NFT, or the entire NFT. However, if a person buys the entire NFT, they get full ownership of the watch and can get it delivered in any of the 150 supported countries. NFT owners can also list them on OpenSea or other supported marketplaces.
Find out more about the Watchvestor (WVTR) Presale Today
Website: https://watchvestor.com/
Telegram Community: https://t.me/WatchvestorOfficial
Source: https://www.analyticsinsight.net/the-investor-who-predicted-growth-for-shiba-inu-and-thorchain-now-sees-watchvestor-as-a-high-growth-project/