Yachtify (YCHT): The Crypto Innovator Pushing Monero (XMR) and Stellar (XLM) Down the Pecking Order
In an industry as dynamic and volatile as cryptocurrency, the battle for survival and recognition is always fierce.
In an industry as dynamic and volatile as cryptocurrency, the battle for survival and recognition is always fierce. Many tokens are battling to outpace one another. In this current dispensation, Yachtify has become the toast of investors and has outmuscled Monero (XMR) and Stellar (XLM) in the crypto market.
The reason Yachtify is currently exceeding expectations is because of its unique features which other cryptocurrencies such as Monero (XMR) and Stellar (XLM) don't offer. As Yachtify begins to make innovative contributions to the crypto market, we explore what this means and the implications for other tokens.
Monero (XMR) Succumbs to Pressure as Price Decline Continues
The bearish trends appear to have triumphed over Monero (XMR) as it continues to be overwhelmed by the red lines. Monero (XMR) which is the privacy-focused digital asset has not had it easy since the beginning of the year, going down 3.97% from its 7-day all-time high of $164.88.
According to the rumor circulating in the crypto community, the steep decline in price for Monero (XMR) may have been unconnected with its delisting from a popular exchange Huobi which left many of Monero (XMR) admirers disappointed and disillusioned.
Although Coinmarketcap pegged Monero (XMR) 24-hour trading volume to a little above $63 million which represents a significant increase of 30.95%, investors are already concerned whether things will improve for Monero (XMR).
Stellar (XLM) Disappoints as It Fails to Sparkle
The recent Stellar (XLM) Quest update appears not to have had any positive effect on Stellar (XLM) token as the token price continues to plunge. Investors have been envisaging that the growth of the stellar (XLM) ecosystem will translate to a surge in price, but the last few days have proven that to be a mirage.
In the last 30 days, Stellar (XLM) has plummeted by 12.3% to $0.09112, a 90.04% drop from its all-time high of $0.9381 attained in 2018. Although the last 24 hours have seen Stellar's (XLM) trading volume increase by 20%, investors are already looking for alternatives as Stellar's (XLM) token fate remains uncertain.
Yachtify (YCHT) Performs Better as Presale Volume Increases
Launching a new crypto coin that could outpace existing tokens is an enormous task, however, Yachtify appears to have found its way around the crypto ecosystem. The blockchain-based yacht investment platform seeks to allow investors to make a passive income out of yacht investment.
The yacht which is minted to an NFTs allows investors to invest and then get a percentage of the sale when they put it up for sale. Investors can also purchase fractional NFTs that have underlying yacht assets and list some portion of it for fractional sale. With this, low-income personalities can also buy and invest in the often high-class maritime industry.
Audited by SolidProof and currently undergoing KYC application, Yachtify announced that the liquidity will be locked for life and the team token will be locked for three years. With the presale still at stage one and the price currently at $0.10 per YCHT token, this is an opportunity for investors to invest in Yachtify because of its huge potential.
Join Presale: https://buy.yachtify.market
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