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Cryptocurrency News Articles
NOT Struggles to Maintain Value Amid Market Downturn, While DOGE Holds Steady and DigiHorse (DIGI) Rises in the NFT Gaming Space
Aug 16, 2024 at 01:00 am
Investors are keeping a close eye on the mixed fortunes of NOT, DOGE, and the rising DigiHorse, with the latter showing strong potential in the NFT gaming space.
Investors are keeping a close eye on the mixed fortunes of NOT, DOGE, and the rising DigiHorse, with the latter showing strong potential in the NFT gaming space.
Investors are closely monitoring the performance of NOT, DOGE, and DIGI as these cryptocurrencies show varying levels of resilience and potential. While NOT and DOGE are grappling with recent dips, DigiHorse (DIGI) is gaining traction as a promising opportunity in the NFT gaming space. The contrasting fortunes of these tokens offer investors a range of options in the current market landscape.
NOT struggles to maintain value amid market downturn
According to CoinMarketCap’s data, NOT has been on a downward spiral recently. The token has seen a significant drop of 5.96% over the past week, bringing its current trading price to $0.01.
The situation is even more concerning when looking at the monthly performance, with NOT plummeting by 26.61%.
The trading volume has also suffered, decreasing by 19.74%, and is currently valued at $132,894,166.
For investors who purchased NOT at its all-time high of $0.028 on June 2, 2024, the losses are substantial, with over 64.29% of their investment value eroded. The unfavorable market conditions continue to weigh heavily on NOT, leaving investors concerned about its future performance.
DOGE holds steady despite market pressures
Despite not being completely shielded from the broader market trends, DOGE continues to maintain its position in the market.
With a 24-hour trading volume of $637.95 million, DOGE is ranked #12 on CoinMarketCap. The token is currently priced at $0.1053, reflecting a 6.17% decrease over the past month.
Despite the price dip, DOGE’s circulating supply remains at 145.52 billion, which is also its total supply.
The token’s resilience is noteworthy as it continues to attract attention from the community and investors alike. While the price has seen some decline, DOGE’s strong presence in the market and its established user base provide a sense of stability, even as other tokens face more severe volatility.
Is now the perfect time to buy DigiHorse?
Even during market downturns, the ongoing market accumulation of DIGI is sparking considerable interest in this pioneering NFT gaming project. DigiHorse uniquely combines the thrill of gaming with the lucrative potential of NFTs, allowing users to buy, breed, and race digital horses.
Currently in its presale phase, DigiHorse is drawing significant attention from investors who are eager to jump on what could be the next big thing in the crypto market. With strong tokenomics and plans to launch on multiple top-tier centralized exchanges, DigiHorse is positioned for remarkable growth.
Early investors could see substantial returns, with projections indicating a potential 21X gain as the token price is expected to rise from $0.003333 in Stage 1 to $0.075 after listing. DigiHorse is increasingly viewed as a high-potential investment. Now may be the ideal moment for investors to accumulate DIGI tokens and set the stage for future gains.
To learn more about DigiHorse, visit the website, Twitter, Telegram, and presale.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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