In the wake of the crypto bullish market, some hitherto strong coins are facing an uncertain future as the coin price decreases. Established cryptos such as Avalanche (AVAX) and Chainlink (LINK) have both succumbed to the threat of bearish markets putting investors in fear.
However, Yachtify, a relatively new project in the Crypto industry has surprisingly become the jewel of investors. In the process, it has garnered more attention than Avalanche (AVAX) and Chainlink (LINK) in the past few months. Let’s delve into Yachtify and see why it has continued to meet the expectations of investors even when bigwigs such as Avalanche (AVAX) and Chainlink (LINK) are completely stuttering.
Investors Groan As Avalanche (AVAX) Finds it Tough in the Crypto Market
Things are not going as expected for popular crypto, Avalanche (AVAX) as its price continues to dip. In the past week, avalanche (AVAX) has been selling at an average price of $17, however, Avalanche (AVAX) has now dipped by 3.70% to be selling for 16.54.
Although analysts believe that the upcoming bullish trends and the signs of recovery shown by the support level may bring out the best of the Avalanche (AVAX).
Avalanche (AVAX) 24-hour trading volume has also gone up by 43.76% which may be due to investors panicking. Avalanche currently has a live market cap of $5 billion and the coin is ranked #16 in coinmarketcap with over 330 million Avalanche (AVAX) coins in circulation.
Whales Sold off Millions of Tokens as Chainlink (LINK) Price Falls
The withdrawal of millions of tokens by some crypto whales may have affected the price of Chainlink (LINK) as the price plunged further. Since attaining an all-time high of $52.88 in the 2021 bull run, Chainlink (LINK) has failed to reach that height again causing investors to lose hope.
In the last 24 hours, Chainlink’s (LINK) price has also gone down by 4.3% signaling the continuation of its bearish trends. Although Chainlink (LINK) has a slight increase of 2.04% in its 24-hour trading volume, the future looks bleak for Chainlink (LINK) with the figures on display.
Chainlink (LINK) is presently trading at $6.96 with a market cap of over $3 billion. It is ranked #19 in coinmarketcap.
Yachtify (YCHT): The Cryptocurrency Bringing New Features to the Crypto Market
The Yachtify platform is bringing a new revolution to the crypto industry with the announcement of a dedicated marketplace for selling and owning fractional yacht investments. The yacht which is minted into an NFT allows investors to own a portion which can serve as passive income when they rent out the yacht. What this means is that a yacht owner can rent out their investment and they will receive an equitable amount of the rental revenue after transaction fees are deducted.
Yachtify has created a token that can be used to buy fractional NFTs that are backed by an underlying yacht. Every yacht has been insured and stored in high port security across the world. Yachtify has also been audited by SolidProof and has undergone KYC application which signifies its seriousness to be a game changer in the crypto ecosystem.
At the presale price of $0.10 presently, investors can own one of the tokens that have been predicted to skyrocket in price over the next few months. Investors who are looking out for amazing projects like Yachtify have started buying the Yachtify token at its presale value before it goes higher.
Join Presale: https://buy.yachtify.market
Website: https://yachtify.market
Telegram: https://t.me/yachtify
Twitter: https://twitter.com/yachtify_market
