Yachtify (YCHT) Presale Gains Traction, Zilliqa (ZIL) and Monero (XMR) Prices Dips

Investors in the cryptocurrency market are constantly monitoring market trends and token performance to know which projects to invest in due to the volatile nature of the industry. 

Meanwhile, concerns have arisen among investors as they see Zilliqa (ZIL) And Monero (XMR) on a downward trajectory. However, Yachtify (YCHT), an innovative platform that plans to provide fractionalized NFT ownership of yachts, has become the subject of investor competition as its token presale gains popularity.

Investors Lose Interest In Zilliqa (ZIL) As Bearish Trend Continues 

Since the start of April, Zilliqa (ZIL) has been on a downward trend, with its price falling to a monthly low of $0.029.  While Zilliqa (ZIL) experienced a remarkable surge in March, with its price skyrocketing to $0.27 in just six days, Zilliqa (ZIL) has been on a downward trajectory since then, hitting a low of $0.022 in mid-March.

On April 25th, the price of Zilliqa (ZIL) broke below the $0.03 support level. Analysts predict that Zilliqa (ZIL) will continue to drop after breaching the $0.03 support level.

According to CoinGecko, Zilliqa (ZIL) is trading at $0.02465716 by press time with a 24-hour trading volume of $43,088,326. Zilliqa’s (ZIL) price has plunged by 6.36% in the past 24 hours and 12.90% in the past 7 days.

Monero (XMR) 71.50% From All-Time High 

Monero (XMR) is a leading privacy-focused crypto that utilizes the CryptoNote protocol, a private, secure, and untraceable currency system. Monero (XMR) employs a unique form of cryptography that ensures all transactions are 100% untraceable and unlinkable. 

However, the functionality of Monero (XMR) has failed to generate traction, affecting the price of the coin. Besides, regulators in different countries are currently banning privacy-focused tokens.  

At the time of writing, Monero (XMR) is priced at $154.66. This reflects a 2.29% decrease in price over the past 24 hours and a 1.27% decline in the past week. The highest price ever reached by Monero (XMR) was $542.33 in 2018. Currently, the token’s price is 71.50% lower than its all-time high.

Yachtify (YCHT): Your Chance To Own An Expensive Yacht

Yachtify is revolutionizing the traditional yacht investment system by introducing an innovative solution to the expanding yacht charter market. This solution will enable users to own, sell, buy, and trade fractionalized NFTs that represent luxury yachts.

Meanwhile, Yachtify will store real-world yachts in secure ports worldwide, create an NFT for each yacht, and fractionalize the NFT, giving users the ability to purchase shares in the yacht for as little as $100.

The platform prioritizes security, which is why the project underwent an audit by SolidProof. Additionally, a recent KYC audit assures investors that they are using a trustworthy and secure platform.

Investors who participate in the initial stages of the Yachtify (YCHT) token presale stand to gain substantial rewards. They will receive discounts on storage, transaction, and maintenance fees. The token is currently priced at $0.01 in the first presale stage and could appreciate by up to 40x before the end of 2023 as the platform gains momentum.

Find out more about the Yachtify (YCHT) presale:

Website: https://yachtify.market

Presale: https://buy.yachtify.market/login

Twitter: https://twitter.com/yachtify_market

Telegram: https://t.me/yachtify

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.