*NEW* Investing in Domini Amidst Ethereum & BNB Downturns: Keep a Close Eye on the Markets

Ethereum ($ETH) regained some value in the days leading up to August 31, 2023 while  BNB suffered as the SEC vs. Binance lawsuit took a dramatic twist. As both of these top altcoins fluctuate, Domini ($DOMI) emerges as a promising crypto to invest in.

So what is Domini ($DOMI) all about, and why might it be a good investment? Let's dig into it before we take a look at Ethereum ($ETH) and BNB ($BNB). 

BUY $DOMI NOW ·

Domini ($DOMI) Connects Traditional Art Market with Blockchain Technology 

Domini ($DOMI) is an innovative project that is connecting the world of traditional art to the solutions that blockchain offers. One of the reasons why Domini ($DOMI) is a promising investment is that it offers artwork ownership at a fraction of the price you would find in traditional art markets. 

Domini ($DOMI) accomplishes this by a concept called fractionalization, and it works as follows. Domini ($DOMI) buys artworks from bonafide art vendors and stores them in the Domini ($DOMI) vault. Once secure, these artworks are digitized into crypto assets or NFTs to buy. These digital assets are then broken up into many different pieces or fractions. Each fraction represents partial ownership of the asset.

Here is why this is a step up from the traditional art market. It makes the cost of a diversified art portfolio much smaller than it would otherwise be. Domini ($DOMI) also secures your assets using blockchain-backed ownership.

This gives Domini ($DOMI) an extremely promising outlook because of its real-world utility and disruptive business model. But you do not have to go too far into the future to expect returns from Domini ($DOMI). 

Domini ($DOMI) is currently going through its presale. If you invest now, you will expect a massive 340% surge as Domini's ($DOMI) price rises from $0.0035 to $0.0154 by the end of the presale. You can also enjoy a 10% bonus on deposits using the limited-time promo code "DOMI10".

So now you know a bit about Domini ($DOMI). Let's shift focus to Ethereum's ($ETH) current position.

BUY $DOMI NOW ·

Ethereum ($ETH) Regains Ground Following SEC vs. Grayscale Lawsuit Verdict 

On August 29, 2023, the United States District of Columbia Court of Appeals announced a verdict in the SEC vs. Grayscale case. The case is part of the SEC's wide ranging crackdown on the crypto market. In the end, the judge ruled in favor of Grayscale, bolstering investor sentiment for major cryptocurrencies like Ethereum ($ETH). 

Between August 29 and 31, Ethereum's ($ETH) price rose from $1,644 to $1,706, marking a 3.8% increase. Yet the positive price action may not be sustainable in the long term for Ethereum ($ETH), despite its status as one of the top altcoins.

In fact, Moving Average technical indicators for Ethereum ($ETH) suggest a strong sell position in the coming days. This may point to an oncoming bearish move for the price of Ethereum ($ETH).

So with Ethereum's ($ETH) uncertain outlook, is sentiment shifting to BNB as a good crypto to buy?

BNB ($BNB) Price Volatility As SEC Files Sealed Motion Against Binance

Markets reacted to a surprise development in the ongoing SEC vs. Binance lawsuit on August 28, 2023 with strong volatility in the $BNB price. The SEC filed a secret, sealed motion against Binance, which has raised quite a few eyebrows. Sealed motions are a rarity in lawsuits of this nature and may be filed to protect witnesses or sensitive information in ongoing investigations, among other reasons. 

While the specifics of the motion remain unknown, speculation is running wild – and none of it is good. After an initial spike to $235, the $BNB price quickly fell all the way to its current price level of $214.

Given the magnitude and gravity of the Binance lawsuit, any new developments tend to be met with negative investor sentiment. So it's quite possible that the SEC's sealed motion will continue to wreak havoc on the $BNB price over the coming days.

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