The crypto market can be simplified as a tussle between buyers and sellers, which determines the price. While tokens such as Chainlink (LINK) and Lido DAO (LDO) are currently caught in the bears’ net, Yachtify is set to lead the bull market and surge ahead of the two.
Yachtify (YCHT): Passive and Different Streams of Income
Yachtify is a dream come true for crypto enthusiasts with the desire to own a yacht, even if fractionally. Yachtify is an investment platform built on blockchain technology and leveraging NFT through the ownership of fractionalized non-fungible tokens backed by real-life yachts. Its native token, $YCHT, will govern the operation of the marketplace, which provides it with its utility.
Through Yachtify, investors will enjoy numerous income streams, one of which is charter fees. Two, as holders, they are entitled to part of the revenue generated by the platform through fees. This makes Yachtify a better investment and is a testament to the huge participation in its presale.
The presale currently costs just $0.10 with a 30% bonus, making it a cheap investment. Its lifetime liquidity lock, SolidProof audit, and team token lock for three years make the investment safe and worthwhile.
Chainlink (LINK): Will the Token Brush Off the Bears This Week?
Chainlink (LINK) is experiencing a significant decrease in trading volume in the past 24 hours at the time of print. The current dip in the price of Chainlink (LINK) might just be attributed to investors taking profits after the latest price rally. Or, it could just be caused by the lack of trading activity in the crypto market generally.
At the time of writing, Chainlink (LINK) is trading at $6.7, recording a 2.9% drop in price in the past 24 hours and a further 4% drop in the past 7 days. A rally in the price of Chainlink (LINK) might happen this week as the bulls wake from their weekend slumber.
Nevertheless, investors have their attention set on Chainlink’s (LINK) next price movement and won’t think twice about pulling their investment to invest in Yachtify. Moreover, some are already, as evident in the high participation in the Yachtify presale.
Lido DAO (LDO): Whale Transaction Only Brought Attention But Had No Impact on Price
In a recent development, Lido DAO (LDO) recorded one of the largest transfers since its launch. On May 6th, a significant amount of Lido DAO (LDO) tokens—70 million, worth about $135 million at the current valuation—was moved from a self-custodian wallet to another with similar features, signifying that it wasn’t to be sold. This transfer has been identified as the eighth-largest Lildo DAO (LDO) transfer since its launch.
Usually, such token movement implies long-term investment or holding borne out of confidence, which could be bullish for Lido DAO (LDO). However, the whale transaction hasn’t had any positive price effect on Lido DAO (LDO). The price of Lido DAO (LDO) is down by over 6% in the past 24 hours and a whopping 14% in the past 7 days at the time of writing.
In light of this, investors are considering investments in Yachtify presales, which offer significant growth. Moreover, the interest in the presale is high, evident in the massive participation.
Join Presale: https://buy.yachtify.market
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