Bitcoin Cash ($BCH) lost its bullish momentum in September, and analysts doubt the token can hit $250 in Q3 2023. On the other hand, Stellar ($XLM) recorded a minor price surge during this period. But the big news is that ChatGPT says hot new DeFi projects like Domini.art ($DOMI) are the best cryptos to buy now.
Keep reading to discover Domini.art’s unique utilities and the latest developments and forecasts on Bitcoin Cash and Stellar.
$BCH Loses Bullish Momentum in September
On August 30, the Bureau of Economic Analysis in the US revised its second-quarter Gross Domestic Product (GDP) growth after flaws in the initial analysis. The Bureau said the US recorded a 2.1% GDP growth instead of the 2.4% GDP initially posted.
Bitcoin Cash investors interpreted this economic action as positive because the Federal Reserve is less likely to raise interest rates in the coming weeks. More Bitcoin Cash speculators bought $BCH tokens. As a result, $BCH surged from $191 on August 29 to $225 on August 30, gaining 17.8%.
However, $BCH soon went bearish in September. By September 4, $BCH had already retraced back to $191. Subsequently, it lost 2.28% the following week, dropping to $188 by September 11.
Yet, analysts expect $BCH will surge in Q4 2023 due to increased investor interest.
Savvy Investors Purchase $DOMI Tokens Early In Presale
Domini.art is an innovative art marketplace that leverages blockchain to deliver democratized ownership of high-end blue-chip artworks. Art investors purchase fractionalized shares in prestigious artworks through Domini.art and can maintain a diversified art portfolio. All artworks on Domini.art are tokenized as popular NFTs.
As a $DOMI holder, you get special promotions and discounts on transaction fees, trading costs, and platform services. You also get enhanced customer support and exclusive invitations to art-related events.
$DOMI is selling for $0.0021 in its presale beta stage, and investors have already purchased over 21 million tokens. After all presale stages conclude, $DOMI will hit the mainstream crypto market and sell for $0.0154. This price action will deliver a massive 633% ROI to early investors.
$XLM Surges In Anticipation of Stellar Upgrade
On September 7, Stellar posted a cryptic message on its official X account. According to @StellarOrg, ‘Change is in the air, and the category is brand. We’re bringing #Stellar ($XLM) to the real world in 5 days. Keep your eyes locked!’
In addition, Santiment, one of the best cryptocurrency analytics platforms, reported that Stellar is positioning for a breakout in Q4 2023, thanks to ecosystem expansion in Q3. AI platforms like ChatGPT also suggest that diversifying crypto portfolios with top altcoins like $XLM is a way to guarantee consistent ROI.
$XLM traded for $0.1232 on September 4. A week later, Stellar reached $0.1258, gaining 2.61%. Now, a majority of analysts think $XLM will surge in Q4 2023, thanks to its ecosystem growth.
For info about $DOMI, visit the Domini presale or Join the Community
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
Source link
![Stellar Lumens [XLM]: Can sellers finally break the $0.11 support?](https://modernslave.io/wp-content/uploads/2023/09/Stellar-Lumens-XLM-Can-sellers-finally-break-the-011-support-120x86.png)
