During bearish and bullish trends, investors are usually confused about how to go. Because of its unpredictability, investors want to invest in projects that guarantee them profits. Recently, Yachtify (YCHT) has become the darling of the crypto industry, while the often reliable Lido DAO (LDO) and NEAR Protocol (NEAR) are surprisingly falling.
Yachtify – the newest comer into the Crypto world, is now bossing over other tokens, such as Lido DAO and NEAR Protocol, with the potential to become a blue-chip gem cryptocurrency. Let’s have a look at why Yachtify is attracting so much attention.
Bearish calls taking Lido DAO (LDO) to the cleaners
Often rated as one of the Defi staking platforms that have performed creditably well in the crypto market since launch, Lido DAO (LDO) popularity is beginning to wane as Lido DAO fails to sustain the momentum it started. Over the last 24 hours, Lido DAO has dropped to $1.8566, representing a decrease of 1.32%, which is a serious concern for investors.
However, it may not be all doom and gloom for Lido DAO as it can still bounce back. Since the Lido DAO ecosystem is still undergoing testnets, fortune could shift from bearish to bullish. Pending the time Lido DAO testnets will be completed; investors may have to focus on another project.
Lido DAO (LDO) is trading at $1.81 with a live market cap of $1 billion.
NEAR Protocol (NEAR) secures partnership but price still not encouraging
Although it may have partnered with Nansen AI and Google Cloud to develop its ecosystem further, NEAR Protocol (NEAR) has not been able to translate these partnerships to bullish price movement as the NEAR Protocol price continues to dip. NEAR Protocol, a decentralized application platform, is beginning to show the uncertainty of the crypto market.
As of the last 24 hours, the NEAR Protocol price has dipped by 1.73% while its market capitalization has also reduced by 1.66% over the same period. Although NEAR Protocol’s (NEAR) 24-hour trading volume increased to $55.7 million, representing 60.22%, its performance over the last few weeks is already making some investors hyperactive.
The NEAR Protocol (NEAR) is currently trading at $1.78 with a live market cap of $1 billion.
Yachtify (YCHT): A smart investment platform attracting investor’s attention
In contrast to Lido DAO (LDO) and NEAR Protocol (NEAR) downward positions, Yachtify (YCHT) has continued to grow in leaps and bounds as it becomes the bride in the crypto ecosystem. Established in 2022 with the potential to become a blue-chip gem cryptocurrency, Yachtify aims to bring new innovations to the crypto market.
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According to the project whitepaper, the platform aims to decentralize the maritime industry to allow average Investors to become part of the investment team. This will allow them to invest in yacht ownership, an underlying yacht minted into an NFT.
Safety stamped by SolidProof, Yachtify (YCHT) aims to lock liquidity for life and also the team token for three years. After securing an audit, it has progressed to the stage of KYC application which will be out soon.
At the Presale value of $0.10 presently, investors who know the true potential of this potential are already driving the sale. Millions of the tokens have been sold with growing interest from investors.
You can read more about the Yachtify (YCHT) below:-
Join Presale: https://buy.yachtify.market
Website: https://yachtify.market
Telegram: https://t.me/yachtify
Twitter: https://twitter.com/yachtify_market
Source: https://www.cryptonewsz.com/yachtify-proving-a-smart-investment-ahead-of-lido-dao-and-near-protocol/