In the cryptocurrency industry, trends can occur rapidly. As a result, investors are always on the lookout. Recently, two popular cryptos, Dogecoin (DOGE) and Solana (SOL) have experienced a bearish trend, causing concern among investors.
However, a new player, Yachtify (YCHT), has been gaining traction among investors. The project’s aim is to allow people to own fractional shares in boats and yachts and receive passive income.
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Dogecoin (DOGE) Doge Enters Bearish Cycle
After a minor upswing lately, Dogecoin (DOGE) encountered resistance near the $0.0820 mark and dropped. The price slipped beneath the critical support level of $0.0775, settling at a low of $0.0734.
However, Dogecoin (DOGE) remains under the $0.080 range and the 100 simple moving average (4 hours), with a bearish trend line forming on the Dogecoin (DOGE) 4-hour chart. The bearish trendline’s resistance is at $0.078.
If Dogecoin (DOGE) fails to surge beyond the $0.078 level, the token would continue to drop. Meanwhile, the first support is present at the $0.0735 level, followed by significant support at $0.0720.
According to CoinGecko, the price of Dogecoin (DOGE) is $0.075147246029, representing a 2.60% drop in the last 24 hours and a 6.00% decline over the previous seven days.
Solana (SOL) Continues To Plunge
Despite its strong start in the 2023 crypto market rally, Solana (SOL) has been struggling to maintain its momentum lately. The frequent outages of Solana (SOL) have done more harm than good to the “Ethereum killer.”
Because of this, most investors have lost confidence in the long-term viability of Solana (SOL). As a result, new tokens like Yachtify are gaining traction and receiving significant investment.
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Although Solana’s (SOL) recent underperformance may be disappointing for its supporters, it highlights the ever-changing nature of the market, and investors must adapt to stay ahead of the game.
At press time, the price of Solana (SOL) is $21.39, a 2.72% decline in the last 24 hours and a 7.00% drop in the past seven days.
Yachtify (YCHT) Transforms the Yacht and Charter Investment Industry
Yachtify is shaking up the investment industry by introducing a new investment strategy that brings investment opportunities in the luxury yacht and charter industry to the crypto community.
This revolutionary investment platform, built on blockchain technology, enables investors to own fractionalized NFTs of yachts, granting them a share of the revenue generated when the yacht is sold, rented, or leased out.
Hence, holding Yachtify’s native token has immense benefits and also grants holders access to VIP status and benefits.
Not only is Yachtify a promising investment, but it is also a safe and transparent one. The platform’s liquidity is locked for life, and its smart contract has been audited by SolidProof. Additionally, the team token is locked for three years, providing investors with security and peace of mind.
Yachtify is currently available for presale at a highly affordable price of $0.10 per token, with an enticing 30% bonus. Early investors have higher chances to reap significant profits, with Yachtify’s projected growth estimated to exceed 3,000% in just one year.
By investing in Yachtify early on, investors can participate in a thriving industry and earn passive income from various sources, making it one of the best investment opportunities available.
Find out more about the Yachtify (YCHT) presale:
Website: https://yachtify.market
Presale: https://buy.yachtify.market/login
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Twitter: https://twitter.com/yachtify_market
Telegram: https://t.me/yachtify
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