The crypto industry is very dynamic, with investors’ attention frequently shifting from one project to another. Although Cardano (ADA) and Aptos (APT) are popular tokens, investors want a token with new utility and huge potential benefits.
Recently, there has been a huge shift in investor sentiment toward Yachtify, a relatively new digital currency that will allow people to own and sell yachts.
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Cardano’s (ADA) Transaction Volume Spikes
Cardano (ADA) has recorded a remarkable jump in transaction volume lately. This surge in activity has coincided with a rise in the total number of active wallets on the Cardano (ADA) network.
Input Output Global, the entity driving Cardano’s (ADA) growth, has reported that the network processed 65.4 million transactions in the last seven days, while the total number of wallets has surpassed 4 million as of March 2023.
Despite recent price volatility, Cardano’s (ADA) transaction volumes and network growth show promising signs. Increased whale activity on the network, as evidenced by the accumulation of coins in whale addresses, suggests a growing confidence among larger investors.
Such activity often leads to bull runs, and Cardano’s (ADA) futures market is also displaying bullish signs. Currently, Cardano (ADA) is trading at $0.393485, a 3.07% increase in the last 24 hours and a 1.92% decline in the past 7 days.
Aptos (APT): Bears Overcome Bulls As Price Drops
According to Aptos (APT) price analysis, the coin has remained within a consolidation range and has not been able to break out. Despite a downward break, Aptos (APT) buyers stepped in and prevented a further decline, resulting in a resurgence to $10.02 after it dropped to $9.45.
However, the coin’s price has slightly decreased to $9.92 today, with further declines hanging on the horizon. As hourly volatility continues to drop, Aptos (APT) is expected to trade near its current price range.
Aptos (APT) is facing resistance at $10.74, while support is present at $7.89. The current price of Aptos (APT) by press time is $9.91, representing a 2.88% increase in the last 24 hours and a 1.36% decline in the last 7 days.
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Yachtify (YCHT): Opening $100B+ Yacht Industry to All And Sundry
Yachtify is creating an ecosystem that will cater to both cryptocurrency enthusiasts and yacht lovers. The platform will provide a marketplace for users to invest in fractional NFTs, each backed by real yachts.
Investors irrespective of their income would be able to buy, sell, and own fractional shares in yachts and boats which the company would rent out for a given up. Investors would receive capital gains anytime the boat or yacht is rented out.
In addition, Yachtify is launching a rewards club for members, granting access to premium perks, exclusive networking events, and special NFT releases.
To avoid abrupt sell-offs post-launch, tokens will be vested on Yachtify, with investors receiving 20% of their tokens weekly over five weeks. Yachtify’s initial presale is ongoing and tokens are priced at only $0.10 each.
There is also a 30% bonus for early investors who buy before the price increase at month’s end.
Yachtify holds substantial growth potential and could emerge as a top-tier cryptocurrency. Experienced investors are already acquiring Yachtify tokens, and it is a smart move to join them.
Find out more about the Yachtify (YCHT) presale:
Website | Presale | Twitter | Telegram
Disclaimer
This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.
Source: https://beincrypto.com/crypto-whales-shift-attention-from-cardano-and-aptos-to-yachtify/