After a week-long sell-off, digital assets are attempting to retrace their steps back to the green paths. The recent market recovery of today is led by the likes of Kava (KAVA) and Render Token (RNDR).
While these digital assets are showing considerable bullish signs, market analysts have picked Yachtify (YCHT) as the long-term leader of the incoming bull market. In this article, we will discuss what is behind the recovery of Kava (KAVA) and Render Token (RNDR) and why analysts are choosing Yachtify as their long-term winner.
Yachtify (YCHT) welcomes new and existing crypto investors
Yachtify is a one-of-a-kind crypto investment platform that will revolutionize the yacht investment industry. Yachtify will create a democratic ecosystem for investors giving every investor the opportunity to partake in the investment of luxury boats like yachts, speedboats and skis.
As a marketplace, Yachtify will mint a fractionalized NFT to represent an actual yacht, ski, or speedboat and then allow investors to buy portions of it according to how much they want to invest. Using this method, investors can buy shares of a luxury boat for as low as $100. As a result, many investors are turning to Yachtify’s YCHT token, which analysts predict will surge up to 40x its current value upon launch.
Crypto whales have been accumulating significant amounts of the token, taking advantage of its presale price of only $0.10 per token. Investors do not need to worry as the yachts are completely insured and stored in high-security ports around the world. In addition, owners of yachts can list a minimum of 25% of their private yachts on the platform for fractional sales.
Kava (KAVA) is showing great signs of recovery
After struggling in the market for the last two weeks, Kava (KAVA), a leading borrowing and lending platform, is showing strong bullish signals. Over the last 24 hours, Kava (KAVA) is the best-performing digital asset. The price of Kava (KAVA) has jumped by more than 14% in the last 24 hours to trade as high as $0.8733.
The price jump has wiped out the losses of Kava (KAVA) over the last month and the crypto is now down only 1.3%. Kava (KAVA) is now forming a higher low above an ascending trend line – a bullish sign that could mean more gains for Kava (KAVA) in the next few days.
Render Token (RNDR) trying to break above
Render Token (RNDR) suffered one of the steepest corrections amidst the two-week-long bear market. However, over the last 24 hours, Render Token (RNDR) is attempting a comeback and has seen a significant uptick in its price. The price of Render Token (RNDR) has increased by 6.4% in the last 24 hours to trade as high as $1.88.
However, due to the strong correction, Render Token (RNDR) suffered and its price is still down by more than 10% over the last week. Unlike Kava (KAVA), there are no clear signals that Render Token (RNDR) is effectively out of the bear territory, leading many investors to consider the better investment alternative, Yachtify (YCHT).
Find out more about the Yachtify (YCHT) presale below:
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