Some cryptocurrency analysts are already calling Domini ($DOMI) one of the best cryptos to invest in with the potential to give investors 50x returns. Stellar ($XLM) and Ripple ($XRP) are also generating lots of buzz in the crypto space as the latter flies past the $0.50 mark while Stellar has shown consistent growth patterns.
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The Domini project provides a top-end art marketplace that transforms investments in high-end artworks. Domini uses its Ethereum-based blockchain to create a secure, transparent, and efficient way for regular people with regular wallets to purchase bits of high-end art that cost millions of dollars.
Domini intends to open up the landscape of premier art markets by using divisible ERC20 coins and smart contracts.
Best cryptos to invest in this year: Domini ($DOMI) innovative solution attracts global investors
Domini leverages fractionalization and blockchain technology to break down the barriers that prevent regular people from investing in art. High-end art has historically been reserved for the world’s wealthiest people since they’re the only ones who can afford the high price tags associated with such works.
Art has historically been a way for wealthy investors to diversify their portfolios and offer an average of 7.6% returns. The value of high-end art has historically been independent of financial markets and inflation-resistant.
Making high-end art more affordable with ERC20 coins and fractionalization
Domini’s team of art experts search for prestigious works that represent a diverse range of periods and styles. Each piece is carefully researched and only blue-chip works that have a history of appreciation are selected and purchased by the art team.
Artworks purchased are transferred to a secure, insured vault for safekeeping and a non-fungible token (NFT) is made for each piece to serve as its digital representative. These ERC20 NFTs are then fractionalized, allowing investors to purchase small portions of them.
That way, instead of each investor having to spend millions of dollars to purchase blue-chip art on their own, they can share the cost with thousands of other investors. The value of these fractionalized pieces increases proportionally as the original art appreciates and investors get a share of any financial gains made from the original. Some tokens also provide additional rewards like exclusive access to events. Investors can monitor the value of their ERC20 coins through their Domini accounts. They can sell or trade their tokens anytime they want.
Ripple ($XRP) trading volume reaches a seven-month high
Ripple prices enjoyed significant growth after a U.S. judge ruled $XRP isn’t a security. Most of those gains were lost during the recent market crash, but Ripple’s on-chain volume continues to grow. Data from Santiment shows its on-chain volume and circulation has increased in recent months,
These numbers indicate a growing number of people are using $XRP for their cryptocurrency transactions despite its parent company’s ongoing tussle with the US Securities and Exchange Commission. $XRP will likely enjoy substantial growth as cryptocurrency markets rebound.
Stellar (XLM) continues to impress
Stellar is a top altcoin that has seen consistent growth throughout the year despite the bearish cryptocurrency markets. Even the recent crash had minimal effect on its value.
Stellar hosts a peer-to-peer network that connects financial systems with blockchain technology. The platform is known for its swift transaction speeds and low costs. It connects people with banks and payment processors while providing a decentralized exchange. The project’s utility gives it tremendous growth potential, and analysts predict continued growth for most of the year.
Summary
Domini, Stellar, and Ripple are three of the best cryptos to invest in this year. All three are expected to enjoy substantial growth, but Domini has the highest growth potential with its presale putting investors in a position to grow their tokens by up to 440% before the event ends. Some analysts are predicting $DOMI prices have the potential to grow 50x once launched on exchanges.
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