Cosmos (ATOM) has recently dedicated a DeFi (Decentralized Finance) fund, Bitcoin Cash
(BCH) is pushing for a resurgence, and Watchvestor (WVTR) is catching the attention of
investors as the crypto market prepares for a potential rally.
Invest in Rolex, Patek Phillippe, Richard Mille, and AP for as little as $10
Cosmos (ATOM) Dedicates Fund To Fuel DeFi Growth
One of the most popular crypto projects, Cosmos (ATOM) has dedicated another $950,000 to be invested in Defi activity. Since its launch, the Cosmos crypto has also devoted over $20 million to support DeFi projects on its network.
The latest fund will invest in DeFi protocols to bring liquid staking to the Cosmos interchain
through replicated security (RS). However, the recent fund has not had any immediate impact on the Cosmos (ATOM) price.
Still under the bearish influence, ATOM has dropped to a new yearly high at $7.45. However, as more liquidity is added to the Cosmos network, the price of ATOM could increase in the coming weeks.
Bitcoin Cash (BCH) Struggles for Recovery in Bearish Market
Prior to the recent crypto bear market, Bitcoin Cash (BCH) has been one of the biggest gainers in cryptos. The price of Bitcoin Cash increased more than 200% between the last two weeks of June and the first week of July.
However, the recent bear market has forced the Bitcoin cash price down to $180 support. BCH is now trying to make a recovery from this key support level. The On Balance Volume (OBV) has improved, showing increased demand for Bitcoin Cash (BCH).
If buyers increase their momentum, the price of Bitcoin Cash will look to reclaim the $220
resistance. However, a drop below its current support could cause the BCH price to revisit lows at $160.
Investors Stack Watchvestor (WVTR) Ahead of Market Rally
Although the crypto market has been bearish, crypto investors have been piling up Watchvestor (WVTR) tokens. The growing number of investors stacking up WVTR comes ahead of a projected market rally for the token.
The price of the token has been predicted to increase from its current presale price of $0.03 to set a yearly high of $0.35. Watchvestor is a one-of-a-kind project creating a new model in the luxury watch industry, leading to bullish predictions from crypto analysts.
This new marketplace will give investors the opportunity to fractionally buy, sell and invest in rare and collectible watches from renowned brands such as Rolex, Richard Mille, and Patek Philippe. The Watchvestor DAO would acquire timepieces that are not easily accessible to individual buyers.
These timepieces would be put on its marketplace as NFTs and sold fractionally, with pieces
starting as low as $10. By reducing the cost of watches from tens of thousands to only $10,
the project aims to involve more watch collectors in its marketplace.
Find out more about the Watchvestor (WVTR) Presale Today:
Website: https://watchvestor.com/
Telegram Community: https://t.me/WatchvestorOfficial
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