In the bearish crypto market, THORChain (RUNE), Shiba Inu (SHIB), and Watchvestor (WVTR) are three altcoins that have shown impressive gains and potential in the past week. In addition to remarkable price gains, these cryptos have also introduced exciting developments that promise to reshape the crypto landscape.
Invest in Rolex, Patek Phillippe, Richard Mille, and AP for as little as $10
THORChain Defies Bear Market, RUNE Becomes Top Performer
Over the last few weeks, the THORChain crypto, E symbolized by the ticker RUNE, has been on a meteoric rise, captivating the attention of the crypto community. While these gains were halted by a market sell-off last week, the THORChain coin is back in the green.
Recovering from the sell-off, the THORChain price has increased by more than 20% over the last week. The notable uptick in the price of RUNE can be traced to an increase in the social volume revolving around THORChain.
In addition, the Thorstarter has been gaining momentum over the last few weeks. The THORChain launchpad allows projects to raise funds and provides investors with exposure to new and innovative cross-chain solutions. The first batch of projects; XDEFI Wallet, Runebase, and THORSwap will launch soon.
Shiba Inu Burn Intensifies, SHIB Set for Rally
Following the recent crypto market crash, Shiba Inu looks set to be on a major recovery path. The price of Shiba Inu has found major support at the $0.00000800 support level. SHIB looks set to rally as the community burns more than 100 million tokens this week.
This massive burn comes after more than 2 billion Shiba Inu coins were destroyed in the week of the Shibarium launch. In addition, the Shibarium launch has picked up momentum, with block production going on smoothly.
With more utility being added to the network while the number of tokens in circulation reduces, crypto experts have predicted a price rally for SHIB. In the next few weeks, Shiba Inu has been projected to rally above the $0.0000100 resistance.
Watchvestor (WVTR) Set for Meteoric Rise in Coming Weeks
Another crypto that has captured the attention of crypto investors due to its bullish performance this week is Watchvestor (WVTR). As the first blockchain marketplace for the luxury watch industry, Watchvestor is growing at a rapid rate.
Rare timepieces from luxury brands like Rolex, Patek Phillippe, Richard Mille, and AP will be featured on the marketplace. Utilizing the emerging fractional NFT shared ownership model, Watchvestor will make these luxury watches available for as low as $10.
This new marketplace has attracted a community of passionate watch enthusiasts who share a deep appreciation for the artistry, craftsmanship, and history behind luxury watches. Other investors are attracted to the platform largely because of the growth prospect it offers.
The 40.6% annual appreciation of the luxury watch industry gives investors the chance to earn passive income by owning these NFTs. The influx of these investors has prompted crypto experts to predict a meteoric rise for WVTR. From its current presale price at $0.03, WVTR has been projected to hit a 2023 high of $0.35.
Find out more about the Watchvestor (WVTR) Presale Today:
Website: https://watchvestor.com/
Telegram Community: https://t.me/WatchvestorOfficial
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