The crypto market is highly volatile, with many coins’ values declining steadily. Enjin Coin (ENJ) and Stepn (GMT) are two of the coins that have declined in the last few days, making their holders seek alternative projects with high ROI. Watchvestor (WVTR), a new luxurious watch investment platform, is currently making waves in the market, with experts projecting a 12x return when launched. Let’s look at these coins and see their current market performance.
Enjin Coin (ENJ) is a blockchain-based gaming platform where users can explore all sorts of activities, including website creation, games, and virtual item stores. The token underwent remarkable progress at the beginning of the year before the current crypto market downturn set in. This has led to the Enjin Coin value dropping in the last few days.
Also, the coin didn’t make any significant progress in the last 30 days as it has been on a bearish run. Despite this, analysts are bullish on the future of the Enjin Coin and are predicting an upward trend. If that happens, the Enjin Coin could trade above $1 before the end of the year.
However, it is still uncertain if this prediction will come to pass. As a result, investors are moving to Watchvestor, with incredible potential which has been projected to surge in the year.
The attention of investors is shifting from online gaming and many Gamefi tokens are being affected. Stepn (GMT) tokens, one of the altcoins that started the year on a positive note, have declined in the last few weeks.
The current bear market has also not been friendly to the token, with investors seeking profits elsewhere. Stepn tokens’ value has declined by 27% in the last 30 days and is on a downtrend in the last 7 days.
Although the token is on a downtrend, the crypto market indicators show signs of a resurgence soon. Based on forecasts, the Stepn token could hit the $1 benchmark before the end of the year. The Stepn aims to incentivise users to live a healthier lifestyle with its token reward mechanism.
With its promising road map, there is no doubt that a resurgence could happen soon, which could lead to a bull run.
While holders of Enjin coin and Stepn are seeking alternative investments, Watchvestor is ready to onboard them with its unique qualities. Watchvestor will decentralize the watch market that has been monopolized and create a more accommodating environment for average investors.
It will also be the first platform to combine Web 3, NFT, and blockchain technology into one ecosystem for investors to maximize the potential of the platform.
The luxurious watches will be minted into NFTs with serial numbers and pre-registered on the blockchain. With just $10, investors can own the fractional NFTs and use them to trade on the platform or any Ethereum-based marketplace.
Investors can also purchase the entire NFT , and get the physical watch shipped to them in any of the 150 countries supported by Watchvestor. To unlock the potential of the platform, investors have to purchase the WVTR utility token which is currently at a presale price of $0.03.
The token will only be available at presale for 90 days before it moves to decentralized exchange. Analysts have predicted that this token will surge to $0.35 when it is eventually launched.
Find out more about the Watchvestor (WVTR) Presale Today
Telegram Community: https://t.me/WatchvestorOfficial
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website.