The current altcoin market presents three distinct paths, but only one project seems to be accelerating. In this article, we will analyze Polygon, Dogecoin, and Cold Wallet.
Polygon's Market Prospects
Polygon (POL) shows signs of growth, trading between $0.22 and $0.23. With over 3 million daily transactions and low fees, the project displays strong fundamentals which may support a 100% increase. A breakout above the $0.23 resistance level on high volume could lead to an increase towards $0.55.
Dogecoin's Situation Before Next Moves
Dogecoin (DOGE) is at a critical level around $0.20. The price structure suggests potential upward movement, but a dip to $0.18 may be necessary to gather liquidity. If the upward momentum continues, $0.30 could be the next goal, but dropping below $0.15 could quickly reverse market sentiment.
Cold Wallet and Its Plus Wallet Acquisition
Cold Wallet's $270 million acquisition of Plus Wallet offers unique advantages. With over 2 million active users before launch, the integration of a cashback system allows users to receive reimbursements for transaction fees. Cold Wallet enters the market as a fully functional platform with proven user acquisition capabilities.
The current situation in the altcoin market highlights various approaches among projects. Polygon and Dogecoin await potential changes, while Cold Wallet starts its market career with significant advantages due to successful integration.
