Since its launch, the cryptocurrency market has always been a hub of excitement and potential. With the market recovering from a huge sell-off, three cryptocurrencies have caught the attention of traders and experts. Based on their analysis and forecasts, Cardano (ADA), Polkadot (DOT), and Watchvestor (WVTR) could bring in major returns in 2023.
Cardano Release New Hydra Version, ADA Price Pump Incoming?
Cardano (ADA) is a leading crypto smart contract platform built to support various applications such as DeFi, NFTs, identity management, and governance. To further improve the platform, there is a new upgrade for Cardano Hydra – its scaling solution.
The Hydra v0.12.0 software was released this week and brings additional functionality to the Cardano network. As part of the project, the layer-2 scaling solution will make API endpoints, making it easily accessible to Web 3.0 developers and researchers and could affect the ADA price.
Crypto experts have predicted that as more dApps and Web 3 apps are launched, the Cardano coin could increase in value. The price of Cardano has been projected to rally to as high as $1 – making it a top crypto to hold in 2023.
Polkadot (DOT) Staking Increases As Network Continues To Grow
Amidst the bearish trend in the crypto market, Polkadot (DOT) has been a standout performer. Since the start of 2023, the amount of the Polkadot coin that has been locked in staking has been steadily increasing.
As a result, the total value locked (TVL) has been increased as well. In the last 30 days, more than $257 million worth of Polkadot tokens have been staked. The annualized fee revenue of the Polkdaot crypto has also increased by 84.9%.
With more attention, crypto experts have predicted that the Polkadot price looks set for a massive increase. The token has been predicted to test its yearly high at $7.5 making now a great time to buy Polkadot coins.
Investors Stack Watchvestor (WVTR) Ahead of Price Surge
Another crypto primed for a major price surge in 2023 is Watchvestor (WVTR). Primed for a massive 12x rally between now and the end of the year, investors have been staking WVTR tokens as a result.
Watchvestor is now one of the hottest projects as it introduces a new and exciting investment model. The project is building a new marketplace where investors will get the opportunity to buy, sell, and trade some of the rarest and most expensive timepieces in the world for as little as $10.
The new marketplace will feature a curated collection of luxury watches from brands such as Rolex, Patek Philippe, Audemars Piguet, and more. The ownership details of these watches will be minted as NFTs on the blockchain and sold as fractions on the marketplace.
With the watch market having an annual appreciation rate of 40.6%, crypto investors are particularly interested in this new project. In addition, the potential of WVTR rallying from $0.03 to $0.35 makes Watchvestor one of the most profitable projects.
Find out more about the Watchvestor (WVTR) Presale Today:
- Website: https://watchvestor.com/
- Telegram Community: https://t.me/WatchvestorOfficial
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Cardano Catalyst Project - Discover and Vote for our proposals in Fund 10 by Sep 14th, 2023 11:00 UTC
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