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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act
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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Shiba Inu and Axie Infinity On-Chart Activity Spikes, Watchvestor to Surge Soon

Bitcoinist
by Bitcoinist
Last Updated: September 1, 2023 5:57 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Amidst this ongoing correction of the broader market, Shiba Inu (SHIB) and Axie Infinity (AXS) both saw a surge in on-chain activity. However, the bullish signals are seen in another project, and that’s Watchvestor (WVTR). Today, we will go over all of these projects to see which one can come out on top.

Invest in Rolex, Patek Phillippe, Richard Mille, AP for as little as $10

Shiba Inu (SHIB) Price Movement

With the launch of Shibarium, the Shiba Inu (SHIB) crypto saw a massive spike in on-chain activity. While the Shiba Inu cryptocurrency did not see a significant increase in value, its trading volume in the last 24 hours jumped by 8.44% and is now at $478,762,318, with a market cap of $4,951,254,800.

This signifies that, while Shiba Inu is down in value, it’s still the 14th largest crypto, retaining its position steadily. In terms of its performance as of August 18, 2023. The Shiba Inu crypto trades at $0.00000845.

It had its weekly low at $0.00000791, with its weekly high at $0.00001119. In the past 30 days, SHIB is up 8.9%, while in the past 24 hours, it’s down 4.6%. At this rate, according to the Shiba Inu price prediction, it can reach $0.00001078 by the end of the year.

Axie Infinity (AXS) Spikes in Activity

The Axie Infinity (AXS) cryptocurrency surged in trading volume by 25% in the past 24 hours and is now at $54,075,068. With a market cap of $636,285,582, it’s the 61st largest crypto on the top 100 list.

Moreover, as of August 18, 2023, Axie Infinity trades at $4.88. Its weekly low was at $4.77, while its weekly high was at $6.12. During the past 30 days, Axie Infinity is down 24.1%, and in the last 24 hours, it’s down 8.3%.

Despite this bearish outlook, investors think the Axie Infinity crypto has high-growth potential. According to the Axie Infinity price prediction, it can surge to $7.73 by the end of the year.

Watchvestor (WVTR) to Surge by 50x At Launch

The luxury watch space is evolving, and Watchvestor (WVTR) is at the forefront with its innovative approach. Those looking to move away from Shiba Inu and Axie Infinity after their recent dip in value, have been eyeing the WVTR token due to its high-growth potential.

Brands like Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet can cost between $5,000 or $10,000 and even upwards to $100,000 or even $1,000,000 depending on the watch’s rarity and demand. As a result, it can be difficult for the everyday person to make their way towards this asset class.

But what if anyone could access it for just $10? This is where Watchvestor fits into the picture. Watchvestor aims disrupt this industry. The platform digitizes, and then mints watches as NFTs.

Each NFT can then get fractionalized, which means that individual investors can just buy a $10 share within a watch. Moreover, all of the serial numbers, certificates, or other important information get stored in the metadata.

The WVRT token now trades at $0.03 during the early presale period. Analysts predict that it can spike in value by 50x at launch. It unlocks many benefits, such as discounts on transactions or Watch Concierge Club fees, alongside enabling governance voting. All of these aspects make it a potential blue-chip token that can surge in value.

Find out more about the Watchvestor (WVTR) Presale Today

Website: https://watchvestor.com/

Telegram Community: https://t.me/WatchvestorOfficial

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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