According to a recent report from Coinbase, the average crypto market cap was $1.3 trillion in April 2023, expressing a 17% increase compared to Q1’s average of $1.1 trillion. The third quarter is fast upon us, and investors are scrambling to determine which coin will win out from July.
Crypto asset volatility in April dropped by 25% more than the Q1 average, as forecasters suggest a more consistently performing token would be the wise choice as we near Q3. This article will discuss DogeMiyagi (MIYAGI), Polkadot (DOT), and Litecoin (LTC) and why they are the tokens you should add to your portfolio in 2023.
Connecting The Polkadots
The first choice in our list of cryptos to invest in during Q3 is DOT, the native coin of the Polkadot crypto project. In May 2020, Polkadot was launched as a protocol designed to accept unrelated blockchains to connect securely. If you want value or data to flow seamlessly between blockchains like Ethereum (ETH) and Bitcoin (BTC), the Polkadot protocol is your best bet.
The success of the Polkadot project has led to DOT performing well in the index. Recent news that Polkadot and its sister network Kusama have new developments catering to growth verticals has caused a positive market response. When writing this article, the DOT was trading at $5.38; it rose by 0.93% over the last 24 hours and dropped by 6.58% in the previous seven days. Market capitalization sits at $6,355,280,647.
On October 7, 2011, Litecoin (LTC) hit the crypto index with a bang after being created from a Bitcoin (BTC) blockchain fork. After concerns that Bitcoin was becoming a centralized project, the separation made it more difficult for large scale mining firms to take advantage. The Litecoin native token LTC has suffered from differing fortunes over the past few years until a solid final quarter in 2022 propelled the coin to strength in 2023.
Recently transactions on the Litecoin blockchain have surged to all-time highs. It has been reported that On May 8, Litecoin executed more than 525,000 transactions in a day, further proof of its prevalence in the market. LTC was trading at $80.64 when writing this article, up 1.32% over the last 24 hours and down 8.70% during the previous seven days. Market capitalization sits at $5,878,008,726
It’s clear that investors are moving towards digital currencies with character. DogeMiyagi may only be in its presale stage, but they are already creating a growing and exciting meme coin community readying for launch. In a relatively short time, DogeMiyagi is all everyone can talk about!
The key to creating a buzz during a crypto projects presale is ensuring your development stage promotes a unique offering with room to grow. The team behind DogeMiyagi have utilized the presale stage well, and their pickup numbers are increasing. DogeMiyagi plans to offer NFTs to help foster a fun, vibrant club with freebies and privileged access to an exclusive domain.
Another successful feature of any crypto project is a well-developed Decentralised Autonomous Organisation (DAO). DogeMiyagi looks to ensure their investors can collaborate in a fluidly structured meme coin community. This project still has more to offer in the coming weeks, and come July, who knows what they might produce?
As we near Q3, established coins like Polkadot and Litecoin are starting to realize that the meme-coin generation is upon us. It wouldn’t be wise to ignore the leading players currently performing well in the coin index, but if you want to invest in the future, DogeMiyagi is gathering pace.
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.
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