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Cosmos DeFi Ecosystem Sees Growth, Will ATOM Follow
ATOM is the native token of the Cosmos network, a decentralized network of independent blockchains. Cosmos uses a novel consensus mechanism called Tendermint, which allows it to achieve high scalability and security.
The high scalability and ability of Cosmos to allow blockchains to communicate and exchange value with each other has made it one of the fastest-growing DeFi networks. Cosmos has also launched a new DeFi fund to fuel greater DeFi activity.
As the DeFi activity increases, crypto experts have predicted a price increase for the Cosmos coin, ATOM. In addition, the ATOM price has formed a bottom at $7.3, leading crypto experts to predict that the Cosmos crypto could rally above $10 in the coming weeks.
Crypto Experts Predict Huge Move for Aptos (APT)
Launched with a transaction throughput of over 150,000 transactions per second (tps), the Aptos network was an instant success. The Aptos crypto token was also backed by Andreessen Horowitz (a16z), further authenticating the project.
The high throughput of the Aptos network makes it a preferred location for those looking to build dApps. The recent crypto market rally has sent the price of APT down to a critical level at $5.7. With this historically bullish level, crypto experts have predicted a huge move for APT.
The last time the Aptos price dropped to this level, APT rallied by more than 300% to reach a high of $19.5. While the Aptos coin may not be able to repeat the previous performance, crypto experts have predicted a rally above $10 in 2023.
Turn To The Intriguing Watchvestor Marketplace
Another project that is growing in popularity in the DeFi space is Watchvestor (WVTR). The project aims to bring the luxury watch marketplace to the DeFi space. The marketplace will feature rare and luxury collectible watches from brands like Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet.
Although these rare, collectible watches normally cost thousands of dollars, Watchvestor uses a shared ownership model to reduce the entry barrier. By combining Web 3 with NFTs and blockchain technology, Watchvestor will reduce the barrier of entry to $10.
The Watchvestor DAO will acquire the physical luxury watches, which will then be minted into fractional NFTs. These physical watches will be authenticated, insured, and stored in a secure vault. The fractional NFTs will be sold on the marketplace starting from $10 to the entire value of the watches.
With the potential of transforming a $75 billion industry, crypto experts have predicted a major price increase for WVTR. Now trading at $0.03, the token has been projected to surge as high as $0.35 by the year’s end.
Find out more about the Watchvestor (WVTR) Presale Today:
Website: https://watchvestor.com/
Telegram Community: https://t.me/WatchvestorOfficial
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.