Most investors diversify to get the highest ROI, either in the long term or in the short term, depending on their preferences. Those looking to get the best outlook out of both time frames are buying Near Protocol (NEAR), Tezos (XTZ), and Watchvestor (WVTR). But why have these three altcoins been selected specifically out of all of the others? In this article, we will analyze their on-chart data to see why.
Near Protocol (NEAR) to Spike in Value
The Near Protocol (NEAR) cryptocurrency has seen a massive fluctuation in its value during the week. In the past month, the crypto saw a price decrease of 22.2%. However, in the last 24 hours, it remained stable with a 0.6% price increase.
As of August 20, 2023, Near Protocol trades at $1.16. Analysts are bullish on its future, but in order to achieve the predicted gains, it needs to move above $1.4. During the past week, Near Protocol saw its low point at $1.11, with its high point at $1.36.
With a market cap of $1,095,511,372 and a trading volume of $33,953,838, Near Protocol is the 41st largest crypto. According to the Near Protocol price prediction, it can reach $1.77 by the end of the year.
Tezos (XTZ) to Provide Massive Roi in 2023
Based on the latest gathered on-chart data surrounding the Tezos (XTZ) cryptocurrency, it trades at a price of $0.704380 and has a trading volume of $13,361,077. The Tezos crypto has a market cap of $662,885,852, making Tezos the 58th largest on the top 100 list.
However, cryptocurrency saw a price decrease of 16.9% in the past month and an 11.6% decrease in the past week. While Tezos is currently in the red zone, if it breaks pat $0.9, it can reach new heights by the end of 2023. Consequently, this is evident from the Tezos price prediction, as analysts believe it can surge to $1.01 by the end of the year.
Investors Turn to Watchvestor (WVTR) for High-Growth Potential
It’s clear that both Near Protocol and Tezos can increase in the long term, but those seeking quicker gains have been eyeing Watchvestor (WVTR).
During the early presale period, the native token, WVTR, trades at just $0.03, and investors are accumulating it, as analysts predict that a climb of 12x will occur by the end of 2023.
Consequently, the Watchvestor platform provides a marketplace where anyone can fractionally invest in some of the rarest watches globally, starting at just $10. Moreover, the platform digitizes, then fractionalizes watches that are authenticated and then stored in vaults. The serial numbers and certificates get stored in the metadata of each NFT.
Subsequently, anyone can just buy a fraction of the watch and then trade their fraction at any supporting marketplace. There’s a highly liquid secondary market. Watches from brands like Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet are available.
When an investor buys the entire NFT, they can also get their watch shipped to any of the 150 supported countries. With this in mind, WVTR has appealed to investors who want the highest returns.
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