This Week’s Biggest Cryptocurrency Headlines: Calyx Network ($CLX), Polkadot ($DOT) and Dogecoin ($DOGE)?
Volatility has become a hallmark of the crypto market and yet the market continues to thrive this month, March 2022. Many investors have already made huge profits with recent price growth rates and the month is not even over yet! The crypto sphere and the crypto market were severely affected at the beginning of 2022 but showed resilience and continue to push the economy forward. Looking to join in? Learn more about Calyx Network ($CLX), Polkadot ($DOT) and Dogecoin ($DOGE).
Three Cryptos That Are The Perfect Investments:
Calyx Network ($CLX)
Calyx Network is a community-driven project that is working on improving multi-chain crypto trading. The network provides an innovative and highly developed system that benefits crypto investors, as it offers exceptional quality provided by different and innovative features. One particularly beneficial feature is that it authorises investors to move between tokens in one simple transaction at the best rates available across all aggregated liquidity sources (DEXs).
The Calyx Token ($CLX) is the protocol’s native token and because it is a community token, it can be administered and governed by every community member via CalyxDAO, a decentralised autonomous organisation. This will be possible because the network has made sure the community is heard and that the Calyx coin ($CLX) can have a central role in achieving the network’s economic, fiscal, and governance goals; meaning that holders of $CLX tokens will be able to vote on numerous critical agendas by staking their tokens.
The crowd sale price for 1 Calyx ($CLX) token has been announced at $0.10 and the maximum token supply for the token is to be 500M. Crypto market experts are confident that the token should see an almost instantaneous price growth rate in the first stage of its presale; which is beneficial to those who invest early when the buying price is still low.
Polkadot ($DOT) has been thriving since its launch in 2020. This cryptocurrency is particularly unique as crypto market experts claim its innovative technology has the potential to revolutionise the market. The Polkadot protocol is also quite impressive; as an open-source sharded multichain protocol, it enables the connection and security of a network of specialized blockchains and facilitates the cross-chain transfer of any data or asset types (not only token). This feature allows blockchains to be interoperable with each other, these are known as ‘parachains’.
Polkadot has successfully solved the problems with data interchange between blockchains, contributing to better efficiency and more scalable blockchains. The price predictions for this crypto are very attractive since it’s been predicted to reach $300 by the end of the year, that’s a 1400% increase from its current price.
The Polkadot (DOT) price today is $20,49 with a 24-hour trading volume of $1.2B. The current market cap is $20.2B and has a circulating supply of 987.579.315 DOT coins.
Dogecoin ($DOGE) was launched in December 2013 which makes it one of the first-ever meme coins; in its initial stages, the coin had relatively little value as the crypto market was still developing into the money-making sphere it is today. In 2021, Dogecoin ($DOGE) became one of the top ten biggest cryptocurrencies by market cap and its total current value has reached $50 billion.
Combined with Shiba Inu ($SHIB), another dog-themed cryptocurrency, the amount for a multi-billion-dollar market cap and the $79B value of Shiba Inu ($SHIB) and Dogecoin (DOGE) (as of October 28, 2021) was able to surpass the market capitalization of 388 companies on the S&P 500.
The Dogecoin (DOGE) price today is $0,133974 with a 24-hour trading volume of $2.3B. It has a live market cap of $17.7B and a circulating supply of 132.6B DOGE coins. A large amount of Dogecoin in the world is what makes it more resistant to inflation.
The Value Keeps On Increasing
Calyx Network ($CLX)
The Calyx Network’s ($CLX) token currently stands as the best and newest investment for this week as its presale is in the first stage. This means you can buy the coin now, at a very low cost. The smart approach, according to crypto experts, is to purchase crypto for low before the market explodes to $3 Trillion, as predicted by many.
This cryptocurrency should then be worth a lot more than it currently is since it is expected that it will experience a massive price growth at a fast rate in the following weeks. This means that the sooner you purchase a coin, the more likely you are to profit as the coin will only increase in value from now.
The Polkadot (DOT) blockchain network and its cryptocurrency ($DOT) have managed to secure a highly successful position in the cryptocurrency market today. The token is currently the 11th largest cryptocurrency by market cap and 12th largest when measured by daily trading volume, right on top of ($DOGE).
Polkadot has been on a roll recently and has acquired beyond 13% in market value over the past three days. The coin ($DOT) bounced from a low of $18.30 to a high of $20.49. Some market experts predict a very realistic potential increase as the buying pressure might have the strength to push Polkadot toward $22 instead.
According to CoinMarketCap.com, the price of Dogecoin ($DOGE) has spiked more than 12% over the last 24 hours. This recent increase is certain to have come after Dogecoin was made available at cryptocurrency ATM machines across the United States. This increase in price allowed Dogecoin ($DOGE) to secure a new position in the crypto market as it managed to climb to 12th place by market cap.
However, despite its excellent recent progress, Dogecoin ($DOGE) has always been a great profit. For instance, if you had purchased $1,000 worth of DOGE at the beginning of last year at a price of less than a cent per coin, it would have been approximately $121,052 three months later when it hit a high of 69 cents. This is a profit of over 12,000%.