In the crypto market, projects with long-term growth potential, real-world utility, and solid fundamentals will always be more desirable and generate more hype. Due to this reason, the Yachtify project, which is now in Stage One of its public presale, has been a sensation among investors and experts alike. They have even hinted at the possible blue-chip status that this token may obtain, surpassing the likes of Casper (CSPR) in the process. Let’s look closer and find out what makes it so exciting.
Yachtify (YCHT) – combining blockchain technology and yacht ownership
By establishing the first elite yacht club on the Ethereum blockchain, Yachtify has the potential to transform the thriving multi-billion dollar yacht charter industry. Investors of all income brackets can purchase, sell and invest in fractionalized NFTs backed by real-life high-end yachts on the Yachtify investment platform. Yachtify will divide up all the proceeds from the sale or lease of the actual vessel that supports the NFT among all NFT holders depending on their ownership percentage.
The Yachtify native token, currently worth just $0.10, will be the key to purchasing these NFTs and obtaining benefits like reduced trading or maintenance fees. This price is anticipated to increase to $0.60 during the following five months because the presale is presently in Stage One, and demand is high.
To prevent any rug-pull thoughts and concerns, the Yachtify team willpermanently seal liquidity while the team tokens will be frozen for three years. Moreover, the team KYC audithas been completed, and SolidProof performed a token smart contract audit – a 100% safe and sound investment. We believe Yachtify looks to be the most promising investment prospect of 2023, which you can examine below.
Casper (CSPR) continues trading in the red
In the last week, Casper (CSPR) has been on a downtrend, losing 13% of its value. This Casper (CSPR) downward trajectory followed the general market movement during that time. Currently, Casper (CSPR) has a value of $0.04868 with a market cap of $535M, a fall of 1.69% in the past 24 hours. The moving averages for Casper (CSPR) also show sell signals which may be a cause for concern.
Investors rely on the bulls to keep pushing prices up since the Casper (CSPR) RSI is in the overbought area. With these charts in mind, experts predict that Casper (CSPR) could soon fall to its support level of $0.03. Even if bulls manage to take control of Casper (CSPR) again, its price may not reach $1 anytime soon as the token still lacks real-life utility, causing investors to turn to the Yachtify presale for long-term gains.
View the Yachtify presale in further detail below
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