There are over 23,700 digital assets, with more being launched every other day. The massive competition created by a large number of digital assets has made it difficult for new projects to gain traction unless they offer something big.
That is the case with Yachtify (YCHT), the next big thing in crypto. Yachtify (YCH) has grown so popular among top investors even while in its presale that market analysts predict it has the potential to outperform the struggling PancakeSwap (CAKE) and Zcash (ZEC).
PancakeSwap (CAKE) Falls to Two-Year Lows
PancakeSwap (CAKE) is a decentralized exchange that became popular for offering great rewards and yields. However, PancakeSwap (CAKE) voted to reduce the rewards, causing the token to fall into a descending triangle pattern.
In the last week, the price of PancakeSwap (CAKE) has fallen by 25%. Going back is even worse, as PancakeSwap (CAKE) has lost more than 45% of its value in the last month, despite the crypto market enjoying gains this year.
Due to the losses, PancakeSwap (CAKE) now trades at $1.95, its lowest value since February 2021. There seems to be no respite in sight for PancakeSwap (CAKE) forcing investors to buy into the more promising Yachtify.
Zcash (ZEC) Decline Continues as Privacy Tokens Lose Appeal
Zcash (ZEC) was one of the first digital assets to launch, and was widely held by investors. However, as regulators outlawed privacy-centric tokens, Zcash (ZEC) has been in a decending pattern causing investors to abandon the project.
Over the last 24 hours, the price of Zcash (ZEC) has tumbled by more than 5% and now trades at $33.92. In addition, on-chain data shows the network activity of Zcash (ZEC) has similarly fallen to multi-month lows.
Zcash (ZEC) which was once a top 10 crypto (ranked by market cap) is now the 75th largest crypto with a market cap of $553.7 million.
Yachtify (YCHT), a Leading the Next Gen Investment Platform
Yachtify is a decentralized Wen 3 project that offers individuals an opportunity to be both yacht owners and investors. One such opportunity is the ability to invest in yachts and other sea vessels at a lower cost than the industry standard, made possible through fractionalized NFT.
Yachtify’s innovative fractional ownership model will enable investors of all income levels to access the benefits of yacht ownership without incurring the full expenses and responsibilities associated with the venture. With Yachtify, you can invest in a yacht for as low as $100, despite the average cost of a one starting at $100,000.
You’re not just buying NFTs with Yachtify, but NFTs that are actually backed by the physical luxury boats. When these boats are rented out, NFT holders get a portion of the lease or rental fee. This unique approach taken by Yachtify is set to revolutionize the industry, making yacht ownership and investment more inclusive, and creating new growth opportunities in the crypto space.
Furthermore, Yachtify’s lending protocol allows users to earn additional income by using their boats or NFTs as loan collateral. This functionality also enhances the liquidity of Yachtify’s NFTs. Now in the first presale stage, you can buy the token powering the ecosystem, YCHT at $0.1, before the 100x experts predict the token will see before the platform launches.
Find out more about the Yachtify (YCHT) presale:
Website: https://yachtify.market
Presale: https://buy.yachtify.market/login
Twitter: https://twitter.com/yachtify_market
Telegram: https://t.me/yachtify
