Crypto Experts Predict that Yachtify (YCHT) Would Steal Market Share From Chainlink (LINK) And Tezos (XTZ)

Crypto Experts Predict that Yachtify (YCHT) Would Steal Market Share From Chainlink (LINK) And Tezos (XTZ)

The crypto market is characterized by high volatility, with some tokens that showed an impressive performance at the start of 2023 experiencing a sudden decline. In contrast, newer tokens like Yachtify’s YCHT are gaining momentum, providing an opportunity for investors to recoup their losses.

Chainlink (LINK) And Tezos (XTZ), which started on a positive note, have recently reached new lows, prompting investors to shift their attention to projects such as Yachtify. Yachtify is building a platform that will allow investors to purchase fractionalized shares in yachts, regardless of their income level. 

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Yachtify (YCHT), Your Road Into The YACHT Industry 

Yachtify aims to create a platform that enables people to earn passive income by owning fractional shares of yachts. Investors can receive a portion of the rental income as long as they hold the token.

Meanwhile, Yachtify has launched a token presale for its in-house token, $YCHT. The funds raised from the sale will be used to develop a marketplace and expand the team.

The private yacht leasing market is valued at billions of dollars, making it a highly lucrative industry. Currently, the $YCHT token presale is in its first stage, with each token priced at $0.10. Following the launch, the token’s value would soon rise to $0.15.

Out of a total token supply of 100,000,000, only 58,000,000 are available during the presale, allowing early investors to secure their stake. Additionally, a 30% bonus is available for those who invest during the first stage of the presale.

Presale: https://buy.yachtify.market
Website: https://yachtify.market
Telegram: https://t.me/yachtify
Twitter: https://twitter.com/yachtify_market

The once-optimistic Chainlink (LINK) appears to have hit a bearish wall, leaving investors unsure about its future. The bears have taken down the bulls, causing the price of Chainlink (LINK) to dwindle.

In the past few weeks, there has been a notable 24.55% decrease in the Chainlink (LINK) market. On Chainlink (LINK) dropped from $8.795 to a low of $6.635, favoring the bears.

Chainlink’s (LINK) price trend started declining on April 19th when it lost its grip on the $8 price mark, falling to $7. It further dropped to $6.91 and $6.99 on May 1st and 2nd, respectively, before reclaiming the $7 price.

As of May 8th, 2023, Chainlink (LINK) was trading in the red. As of May 9th, Chainlink’s (LINK) current price is $6.55. This is a 1.85% price decline in the last 24 hours and a 5.17% price decline in the past 7 days.

Tezos (XTZ) Shows Bearish Momentum 

The fluctuating movement of Tezos’ (XTZ) price in recent days has led to a bearish trend in the crypto market. Despite the persistent efforts of the bulls to rally the Tezos (XTZ) market, their attempts have proven futile, as the value of the coin has declined from $0.982 on May 7th, 2023 to $0.904 on May 9th. 

Currently, the Tezos (XTZ) market is dominated by bears who are expected to continue to exert their influence, resulting in an anticipated decline in price. As of now, Tezos (XTZ) is currently trading at $0.904666, a 2.44% price decline in the last 24 hours.

Additionally, Tezos (XTZ) has underperformed the global crypto market, which is down 3.90%, with a price decline of 8.40% in the last 7 days. It has also underperformed when compared to similar Layer 1 cryptocurrencies, which are down 1.60% by press time.

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