Domini.art ($DOMI), Dogecoin ($DOGE), and Binance Coin ($BNB) are three altcoins to watch as all three have the potential to enjoy substantial growth in the next year. The Domini.art presale is underway and investors who get in now position themselves for up to 340% profits by the time the event ends. That’s significant returns, considering how bearish cryptocurrency markets have been lately. $DOMI is currently selling for $0.0021 but is set to launch on exchanges at $0.00924.
Domini.art has come up with a creative way to allow people who don’t have millions of dollars in their bank accounts to invest in prestigious works of art that can earn substantial profits. It uses ERC20 coins (non-fungible tokens), fractionalization, and smart contracts to create a secure and transparent way for investors to buy portions of art they couldn’t otherwise afford and enjoy proportional financial gains.
Top altcoins to watch: Domini.art ($DOMI) could outperform top crypto coins like $BNB and $DOGE
Domini.art has emerged as one of the best DeFi projects to be launched this year thanks to the innovative way it opens up high-end art investments. The world’s richest people have historically enjoyed substantial profits buying and selling the most prestigious works of art.
High-end art investments offer 7.6% returns on average and have outperformed market indexes like the FTSE 100 and the S&P 500 for over 23 years. For the world’s elite, these investments are a way to diversify their portfolios and protect themselves against market forces.
They also get to enjoy substantial profits as was the case with Russian billionaire Dmitry Rybolovlev, who bought Leonardo da Vinci’s Salvator Mundi for $127 million in 2013 and sold it for $450.3 million four years later. The previous buyer before Rybolovlev, Yves Bouvier, purchased it in 2013 for $75 million and sold it to Rybolovlev later that same year for $127 million. Bouvier walked away with over $52 million in profits in a few months, while Rybolovlev earned over $322 million in four years.
Domini.art has invented a process where people with regular wallets can buy fractions of such famous works of art and earn proportional profits. Here’s how it works:
- Domini.art sends out its art experts to curate high-end art with a history of price appreciation. A wide selection of works are curated to represent various periods and styles to match each investor’s tastes. The most promising pieces are bought and transported to an insured vault
- A non-fungible token is made for each artwork stored in the vault. These tokens cannot be imitated or duplicated, plus their authenticity can be verified on the blockchain. Each NFT shares the value of the original work it represents
- NFTs are fractionalized so investors can buy more affordable fractions of them. Investors are entitled to a proportional share of any profits made off the artwork in the future and their tokens appreciate in line with the original work. Investors can track the growth of their tokens through their Domini.art accounts
Dogecoin struggles to keep up with $DOMI
Dogecoin is the biggest meme coin in the cryptocurrency space, with the seventh-largest market capitalization at $8.7 billion. It’s a pure cryptocurrency that doesn’t have any other substantial uses, but it’s been able to enjoy significant growth in the past thanks to people like Elon Musk touting the project on Twitter, now X.com.
Despite $DOGE’s large market share, poor tokenomics like an infinite supply of tokens restricts its long-term growth. There are currently over 141 billion $DOGE tokens in circulation. $DOMI, on the other hand, is built on well-structured tokenomics like a one billion token cap and burn taxes.
SEC troubles lead to $BNB woes
$BNB prices dropped by over 25% when the US Securities and Exchange Commission (SEC) filed 13 charges against Binance exchange and its owner, CZ. $BNB hasn’t enjoyed any substantial growth since the Binance exchange’s legal troubles started, but many in the cryptocurrency space expect prices to surge once the exchange’s legal woes are behind it.
Binance exchange’s battles with the SEC recently intensified when the agency’s court filing accused Binance of not cooperating with its investigation and a lack of transparency. This courtroom battle likely won’t end anytime soon so $BNB is unlikely to keep up with $DOMI’s growth.
Summary
$DOMI will likely outperform many top crypto coins this year and beyond thanks to its creative way of opening up high-end art markets to regular investors. Tokens are set for 440% growth during the presale and some projections have prices growing as much as 3,000% once tokens are released on exchanges.
Learn more about $DOMI here:
Visit Domini.art Presale | Join the Community
