Cryptocurrencies have entered another bull market, and as always investors are looking for the project with the most potential to lead the rally. Litecoin (LTC) and Dogecoin (DOGE) were once leaders of separate bull rallies, but many investors no longer fancy their chances.
With the recent bull market coinciding with the call for utility among crypto projects, investors are looking for projects that solve real-world problems.
In this article, we will review the recent mining machines of Dogecoin (DOGE) and Litecoin (LTC), their market potential, as well as how they compare to the potential market winner, Yachtify.
Dogecoin (DOGE) to Lead a Memecoin Rally?
Dogecoin (DOGE) is the biggest memecoin, and in 2021, enjoyed one of the biggest crypto market rallies ever seen. However, since then, things have cooled off considerably for Dogecoin (DOGE).
Despite cooling off, Dogecoin (DOGE) continues to attract significant interest and developments. BIT Mining recently announced the launch of a new Dogecoin (DOGE) mining machine with higher hash rates and better energy efficiency.
Regardless of what is positive news, Dogecoin (DOGE) has remained lukewarm in the market. Even in the ongoing rally, there are doubts that Dogecoin (DOGE) will be able to replicate the
performance it put forward in 2021.
Can Litcoin (LTC) Stage a Comeback?
Created using a copy of Bitcoin’s core code, and marketed as being better than the original, Litecoin (LTC) quickly amassed attention as well as investors. Litecoin (LTC) was one of the top 10 cryptos but has since fallen down the pecking order.
However, some investors believe that Litecoin (LTC) can stage a major comeback. Is that possible? Well, there has been increased whale activity, a new mining machine from BIT Mining, ahead of a major network upgrade for Litecoin (LTC).
While there are strong chances that Litecoin (LTC) could experience a major rally, it would be nothing compared to what it enjoyed at launch or the growth potential Yachtify (YCHT) could experience in the coming months.
Yachtify (YCHT), Your Chance to Own a Luxury Boat
Yachtify is quickly turning out to be an investor favorite because it is a first-of-its-kind marketplace that solves a long-existing problem – the ownership of luxury boats. Yachtify is effectively pulling down the cost barrier that has reserved ownership of yachts and luxury ships for only a few wealthy individuals.
With fractionalized NFTs, Yachtify will allow investors to own a piece of a yacht, jetski, or speedboat. These NFTs will be backed by physical assets, which will be leased and rented out to individuals and cooperations.
The rental fees will be shared among holders of these NFTs based on the portion they own. Yachtify will also expand its ecosystem to include a lending protocol where users will be able to secure loans at good rates, using their NFT assets and physical yachts as collateral.
The native token to power the ecosystem, Yachtify (YCHT) is currently on sale for $0.1 per token and you can get up to 30% rewards when you buy now. The growth potential of Yachtify is why investors are backing the platform to become one of the next blue chip crypto projects.
Find out more about the Yachtify (YCHT) presale:
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