Savvy Investors Buy low: Get $DOMI, $CFX, and $MANA Before September’s Surge
Disclaimer: The text below is a press release that is not part of Cryptotelegraph.com editorial content.
Conflux ($CFX) and Decentraland ($MANA) saw bearish price movements in early September. While Conflux implemented a hard fork upgrade, a leading crypto exchange delisted $MANA from its platform. As a result, currently, some investors say the best crypto to buy is Domini.art ($DOMI). But are they right?
Let’s delve into an in-depth look at these three contenders and their performance in 2023.
Investors Buy Up $DOMI Tokens at Presale Beta Stage
Domini.Art is a creative blockchain-supported art marketplace built to democratize ownership of high-end blue-chip artworks by allowing investors to own fractional shares in these assets. This art investment system allows for transparency and increased liquidity in the art market. On Domini.art, artworks are tokenized as popular NFTs to provide immutable ownership records.
Furthermore, Domini.art offers advisory services to $DOMI holders. These advisory services include in-depth market research and personalized recommendations depending on your investment goals. Moreover, $DOMI holders acquire and maintain a diversified art portfolio thanks to a fractionalized investment framework.
$DOMI is selling at the presale beta stage for $0.0021, and the platform has sold over 23 million tokens already. When all presale stages conclude, the token will hit the crypto market and trade for $0.0154 on major crypto exchanges. This price action will deliver a massive 633% ROI to early investors.
$CFX Records Double-digit Loss in Early September
Conflux went through a major hard fork upgrade on September 7. According to reports, the hard fork v2.3.0 upgrade occurred at the Conflux epoch of 79,050,000, and the process did not result in new tokens. Binance supported the upgrade by handling technical requirements for users holding $CFX tokens.
Binance has redeposited all $CFX tokens back to their owners’ accounts, and Conflux announced the successful completion of the hard fork upgrade. Despite this positive ecosystem development, $CFX lost 11.68% in September.
On September 5, $CFX traded at $0.1277. Then, within the week, $CFX fell and is trading for $0.1132 on September 12. Yet, despite this negative price movement, analysts say Conflux’s recent ecosystem progress will likely trigger a price surge for the token in late September and Q4 2023.
· BUY $DOMI NOW ·
Top Crypto Exchange Suspends $MANA Trading
On August 29, Bitstamp (a leading crypto exchange) announced via its X platform that it would halt trading of $MANA tokens for its US users. Additionally, Bitstamp said $MANA holders could withdraw their tokens anytime. In a subsequent blog post, Bitstamp explained that this decision was due to regulatory pressure on $MANA from the US SEC and CFTC.
Bitstamp also halted trading for other top altcoins, including $SOL, $SAND, and $MATIC. In other news, Decentraland launched a community emote contest with 20,000 $MANA prizes on August 28.
Despite this development, $MANA lost 26.41% this past month. More precisely, $MANA traded at $0.3078 on August 13. By September 12, $MANA dropped to $0.2723. Yet, analysts say the price dip is a great buy opportunity for $MANA, as price could see a strong recovery when the bull cycle returns.
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