The volatility seen in the crypto market recently has led to many altcoins entering the red zone. As a result, whales who initially accumulated Monero (XMR) and Ethereum Classic (ETC) are now looking at alternatives through which they can diversify their holdings. Out of the many projects available, Watchvestor (WVTR) has gained the most momentum, as analysts project a 12x growth in its future.
Monero (XMR) is one of the most-popular privacy-oriented projects. During the year, its low point was at $140, while its high was at $157. This indicates that one of the most significant price barriers for the Monero crypto is now at $180.
Analysts are bullish on the future of the Monero price, as its value is currently in the green zone. With a market cap of $2,707,030,284 and a 24-hour trading volume of $68,689,825, the Monero crypto ranks 27th on the top 100 list. With this in mind, according to the Monero price prediction, it can reach $206.60 by the end of the year.
On the opposite end of this crypto spectrum, there’s Ethereum Classic (ETC). The cryptocurrency has decreased in value by 51.7%. However, it’s not all downhill for this crypto. The Ethereum Classic price saw its low point at $14, with its high point at $17 this year. In addition, with a market cap of $2,224,396,045, and a 24-hour trading volume of $76,494,617, Ethereum Classic remains the 29th largest crypto.
Despite this, analysts are bullish on its future and predict that it can climb back up in value. According to the Ethereum Classic price prediction, it’s expected to reach $22.75 by the end of the year.
Aside from Monero and Ethereum Classic, whales have begun accumulating Watchvestor (WVTR). This platform innovates by enabling anyone the opportunity to invest in watches from Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet for only $10.
The initial cost for these watches can range between $10,000, $100,000, or even $1,000,000. However, not everyone has that kind of capital in order to begin making investments.
As a result, Watchvestor innovates by bringing blockchain technology to the industry. Each watch can get minted as an NFT on top of the network. Afterward, these NFTs can get fractionalized.
The WVTR token also provides a lot of utility. Aside from enabling discounts, it enables anyone to participate in the governance process. During the early presale period, it trades at just $0.03. Analysts project that it will spike by 12x at launch, making it a potential blue chip that investors do not want to miss.
Find out more about the Watchvestor (WVTR) Presale Today
Telegram Community: https://t.me/WatchvestorOfficial
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