The cryptocurrency market is now worth more than $1 trillion with many projects coming up daily. One of the newest projects that have caught the attention of crypto investors is the Yachtify project. The project which is still in its early stage seeks to solve real-life problems. It is a project that will allow users to buy, sell, rent, or own a timeshare in anything from jetski to sunseeker yachts.
While the Yachtify project is gathering momentum in the crypto market, Litecoin (LTC) and PancakeSwap (CAKE) are finding it difficult to maintain stability in the market.
Litecoin (LTC ) Struggles to Maintain Stability as August Halving Event Draws Closer
As the August Litecoin (LTC) halving event draws closer, crypto experts have predicted that the Litecoin (LTC) price could gain higher versus the Bitcoin (BTC). While the creator of Litecoin (LTC), Charlie Lee is anticipating the coin to rally above 700% in the next bull run, there is yet no sign that such a thing could happen soon.
Litecoin (LTC) is currently trading around $87.87 and has fallen by over 5% in the last three weeks.
Although the coin has made slight progress when compared to its value at the beginning of the year, there is no guarantee that the coin will reach its all-time high of over $330 very soon.
Currently, Litecoin (LTC) has a market cap of over $6 billion and the coin is ranked #12 in coinmarketcap. Litecoin (LTC) has a 24-hour trading volume of over $327 million and there are over 72 million Litecoin (LTC) in circulation which could be cut short during the August Litcoin (LTC) halving event.
PancakeSwap (CAKE) Continues its Bearish Movement
PancakeSwap (CAKE) has been on a bearish movement in the last month. The PancakeSwap (CAKE) which started the year on a promising note has failed to sustain the momentum.
The PancakeSwap (CAKE) which traded around $4.6 on 9th February has been on a free fall since then. While crypto traders predicted the coin to rise above $10 in the year, that can’t be guaranteed presently. The PancakeSwap (CAKE) is currently trading around $2.5 with a live market cap of over $493 million.
The 24-hour trading volume of PancakeSwap (CAKE) is around $30 million which is over a 20% decrease when compared to the previous day. PancakeSwap (CAKE) is ranked #87 in coinmarketcap with over 195 million PancakeSwap (CAKE) coins in circulation.
Yachtify (YCHT) popularity grows as investors consider the project
Many investors are already showing interest in the Yachtify project as they look into what the project is offering.
The Yachtify project which is still in the developmental stage is set to become the first Blockchain across the globe which will allow people to buy, sell or own a yacht. While this might seem impossible to people, the Yachtify project is here to make it possible.
The project will also allow investors to earn a revenue share of the platform as far as they have the Yachtify token. The project will also give users permission to trade fractionalized NFTs that are backed by real-world yachts.
The Yachtify project has passed an Audit with the SolidProof Network while liquidity will be locked for life.
The Yachtify project’s $100 billion industry will ensure that you have a return on investment. This is one of the best times to invest in a project while the price is just $0.10. The YCHT token is currently on presale and the price might rise very soon. So it is wise to invest now in a project that could become the next blue chip crypto.
You can open the links below to read more about the project.
Join Presale: https://buy.yachtify.market
Website: https://yachtify.market
Telegram: https://t.me/yachtify
Twitter: https://twitter.com/yachtify_market
