Across the Web3 space, there are thousands of projects through which cryptocurrency investors and traders can go through. What this means is that users can have difficulties when it comes to making the right decision.
However, experienced investors know the value of getting into a project in its presale period. With the recent decrease in value of Mina (MINA) and PancakeSwap (CAKE), investors and traders have begun making their way toward the Yachtify presale-stage project, and today, we will go over all of these cryptocurrencies to see how they can perform.
Mina (MINA) Entered the Red Zone with A Decrease of 15.6%
Mina (MINA) made waves across the Web3 space with the launch of zkIgnite, Cohort 2, which was an event where participants would form teams, brainstorm ideas, get mentorship, or even submit proposals for funding their ZK projects.
As of May 2, 2023, Mina (MINA) also held the week’s Cohort 1 Gathering, which was open to the full community.
As of May 3, 2023, Mina (MINA) traded at $0.626451. In the last 30 days, the Mina (MINA) decreased in value by 15%.6%. In the last seven days, it saw an additional decrease of 9%. With this in mind, the Mina (MINA) cryptocurrency has worried investors. As such, Mina (MINA) investors are beginning to diversify.
PancakeSwap (CAKE) Saw a Massive Decrease of 33.7%
PancakeSwap (CAKE) also engaged their community when they announced the launch of the liquid staking integration with Binance Earn, which went live on the BNB Chain as well as on Ethereum.
Users could stake ETH and receive WBETH and Earn ETH staking rewards, which gave a lot of appeal to PancakeSwap (CAKE).
However, when we go over the recent performance of the PancakeSwap (CAKE) cryptocurrency, it has been in decline. As of May 3, 2023, PancakeSwap (CAKE) traded at $2.51. In the last 30 days, the PancakeSwap (CAKE) cryptocurrency lost 33.7% of its value. In the last seven days, it saw a decrease of 9.6%. As such, investors are worried about the future of the cryptocurrency.
Yachtify (YCHT) Is Fractionalizing Ownership of Real-World Boats Through NFTs
The Yachtify project is being developed with the goal of enabling anyone on a global scale the opportunity to make an investment within fractions of boats. In other words, non-fungible tokens (NFTs) get minted, then fractionalized on top of the network. Whenever someone buys a boat NFT or a fraction of the NFT, and it gets treated out, they can earn the rental amount.
This is dependent on the percentage of ownership they have in the boat. For example, if they own 50%, they can get 50% of the profits, aside from the trading fees.
Throughout the stage one presale, the YCHT token trades at $0.10. Analysts predict a massive jump in its value upon launch, and as such, investors and traders have the unique opportunity of getting into the project early to get the most out of it.
Find out more about the presale:
Website: https://yachtify.market/
Presale: https://buy.yachtify.market/login
Twitter: https://twitter.com/yachtify_market
Telegram: https://t.me/yachtify
