*NEW* Polkadot & Uniswap See Sharp Declines: Why is Domini the New Crypto Sensation?

*NEW* Polkadot & Uniswap See Sharp Declines: Why is Domini the New Crypto Sensation?
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Polkadot ($DOT) recently partnered with one of the top stablecoins in the crypto industry. However, Polkadot ($DOT) remained bearish in late August 2023. Similarly, Uniswap ($UNI) continued its bearish trajectory despite securing a court victory. Investors say the best crypto to buy in Q3 2023 is Domini ($DOMI). Domini ($DOMI) aims to democratize art ownership, and investors are backing the project to succeed. Let's find out why!

Polkadot ($DOT) Sees Major Ecosystem Expansion

On August 24, 2023, Circle, the issuer of USDC, announced plans to launch USDC on the Polkadot ($DOT) blockchain. USDC is one of the most popular stablecoins in the world, and its expansion to Polkadot ($DOT) will hasten Circle's plan to launch cross-chain transfer protocol (CCTP) on the mainnet. With Polkadot's ($DOT) help, Circle will launch its Web3 Services Pillar and Programmable Wallets.

Polkadot ($DOT) saw a minor decline in late August despite this news. On August 24, 2023, Polkadot ($DOT) traded at $4.41. Within a week, Polkadot ($DOT) lost 2.70%, and the token is currently trading for $4.28. According to analysts, Polkadot ($DOT) could remain bearish in the short-term due to its removal from the Binance Liquid swap. Binance also delisted top altcoins like $ADA, $FIL, $AVAX, and others.   

Uniswap ($UNI) Goes Bearish in Late August

On August 30, 2023, Judge Katherine Failla delivered a significant court judgment in favor of Uniswap ($UNI). A trader named Nessa Risley and a group of other Uniswap ($UNI) users sued Uniswap ($UNI) for trading unregistered securities and allowing token issuers to release scam coins on the platform. Judge Failla threw out the case, saying Uniswap ($UNI) cannot be held responsible for the actions of token issuers as it is a decentralized exchange.

In addition, Judge Failla said the problem was the anonymity of the Defi companies issuing the tokens. Despite Uniswap's ($UNI) victory, the token fell 4.04% in late August. On August 24, 2023, Uniswap ($UNI) traded at $4.60. Uniswap ($UNI) lost 4.09% within a week, and the token is trading at $4.41 on September 3. Analysts say some investors have lost trust in new defi projects on Uniswap ($UNI), and the token may remain bearish for the near future.     

Domini ($DOMI): Leveraging Blockchain Technology in the Art Industry

Domini ($DOMI) is an innovative art marketplace that aims to democratize high-end blue-chip art ownership by allowing for fractional ownership. As a decentralized art marketplace, Domini ($DOMI) breaks the traditional barriers in high-end art investment while offering increased liquidity to the art market. To ensure uniqueness, artworks are tokenized as popular NFTs and sold to art investors on the Domini ($DOMI) marketplace.

As a Domini ($DOMI) holder, you can access multiple benefits like priority access to new artwork, enhanced customer support, and personalized recommendations. Domini ($DOMI) is currently in its presale beta stage, and the token is selling for $0.0021. When Domini ($DOMI) hits the mainstream crypto market, it will sell for $0.00154. Early Domini ($DOMI) investors will get a massive 340% ROI at the end of the presale stages.  

For info about $DOMI, visit the Domini presale or Join the Community

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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