After a bullish start to the year, things have cooled down for many digital assets, with the bears regaining control over the market. As the prices of Flare (FLR) and Casper (CSPR) continue to slide lower, many investors have been forced to look for alternative investments, with many buying into Yahctify (YCHT).
Yachtify (YCHT) has been refreshing because it offers them the opportunity to earn passive income while unbothered by the bearish sentiment of the broader crypto market.
Yachtify (YCHT) is bringing yacht investment to everybody
Yachtify intends to disrupt the $100 billion luxury yacht industry by making fractional boat ownership available to investors of all income levels. On Yachtify, you can buy and own an NFT representing a fraction of a luxury boat starting as low as $100. When these boats are leased or rented, owners of the NFTs will receive a portion of the rental fees.
Holders of the $YCHT token will also receive added VIP benefits as well as access to the ecosystem’s marketplace and lending platform. Yachtify’s native token, $YCHT will enable investors to purchase the fractional NFTs that will be backed by genuine boats and yachts. Thus, allowing investors to earn extra passive income from lease to charter businesses.
The first presale phase of Yachtify (YCHT) is still ongoing and is currently priced at $0.10. Analysts believe that the value of $YCHT will climb 40 times before the end of 2023, making early investing a good move. The Yachtify smart contract has also been audited and the team will lock liquidity for life providing security to investors to eliminate any chance of a rugpull. Our top pick for investment choice in 2023 in Yachtify.
Flare (FLR) loses the massive 2023 gains
Flare (FLR) is a layer 1 blockchain focused on making the technology easily accessible to developers and users. Despite being one of the biggest gainers to start the year, Flare (FLR) is currently facing a very rough patch. Opening the year trading at $0.027, Flare quickly rallied to as high as $0.049. However, the token has since fallen into a downward spiral, losing all its gain.
Over the last 30 days, the price of Flare (FLR) has tumbled by 18% with its latest integration of blockchain API on the Google Cloud Marketplace failing to provide relief. At the time of this writing, Flare (FLR) now trades at $0.02781 – not better than it started the year. The poor performance of Flare (FLR) over the last two months has fueled the ongoing dump happening.
Casper (CSPR) struggles to attract bulls
Casper (CSPR), the first live proof-of-stake (PoS) blockchain network, has moved from being one of the best-performing digital assets of the year to being one of the biggest losers over the last few weeks. In the last week, the price of Casper (CSPR) has fallen by more than 15%, more than any top 100 crypto ranked by market.
At the time of this writing, Casper (CSPR) trades at $0.04982 despite trading as high as $0.063 earlier this year. Casper (CSPR) currently shows no bullish momentum, and if the price falls below the $0.048 support level, the price of the coin could drop all the way to $0.04. The lack of bullish conviction surrounding Casper (CSPR) has led to many investors moving to buy Yachtify (YCHT).
Find out more about the Yachtify (YCHT) presale:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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