Solana ($SOL) went bearish in the last week of August on rumours of an FTX dump. Similarly, Stellar ($XLM) fell going into September 2023. Investors say the best crypto investment for reliable ROI is Domini ($DOMI). Domini aims to democratize high-end art ownership, and investors are backing the platform to succeed. Keep reading to discover Domini’s unique utilities.
Recently, the new management of FTX began moving its Solana ($SOL) holdings from cold wallets. According to data from Solscan, cold FTX wallets currently hold about 7 million $SOL tokens worth $134 million. Solana founder Anatoly Yakovenko gave his opinion on this saga on September 1. The Solana ($SOL) founder said the tokens would be shared among former-FTX customers.
The Solana Foundation revealed that FTX and Alameda Research bought 58,086,686 million Solana tokens worth over $1.1 billion during active trading years. On August 26, $SOL traded for $20.28. A week later, it lost 4.88% and is now selling for $19.77. Analysts say Solana could lose its status as one of the world’s top altcoins and see a massive price dip if FTX were to dump its tokens onto the market.
Recently, Stellar emerged as one the best altcoins in asset tokenization after seeing $300 million in digital funds inflow, courtesy of Franklin Templeton and WisdomTree. Before WisdomTree issued the digital funds, the platform launched its WisdomTree Short-Term Treasury Digital Fund (WTSY) on the blockchain. In addition, Stellar foundation executives recently joined MoneyGram’s board after making a major investment in the company.
Denelle Dixon, CEO of Stellar Development Foundation, said the partnership will help Stellar break into international markets. $XLM fell by 7.61%, despite the positive news. On August 26, it traded at $0.1216 before dropping to $0.1118 as of September 2. Still, most analysts remain bullish based on Stellar’s macro outlook, expecting price to surge in Q4 2023.
Domini is an innovative art marketplace that allows art investors to own fractional shares of high-end blue-chip artworks. With blockchain technology, Domini makes prestigious artworks available to a broader audience, promoting transparency and increasing liquidity in the art market. All artworks are tokenized as unique trending NFTs to help with easy trade in the Domini ($DOMI) marketplace.
In addition, Domini gives expert guidance to art investors on the platform. This guidance includes in-depth market research, personalized recommendations, and due diligence. $DOMI is in its first presale stage, and the token is selling for $0.0021. After all presale stages end, $DOMI will list on major crypto exchanges, sell for $0.0154, and deliver a massive 340% surge to early investors.
For Info about $DOMI, visit the Domini presale or Join the Community
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