According to the current market status, IOTA and Render Token (RNDR) are in decline. As a result of which investors are hoping for Yachtify to maintain the market’s stability.
Yachtify to Surpass 3000% Growth:
Yachtify is built on Blockchain technology like others. It is a unique protocol in a way that it offers a fractional Yacht ownership model. Yachtify will now allow Yacht ownership to be accessible to the crypto market. Until now, Yacht ownership was confined to only wealthy people.
Yachtify is about to bring a revolutionary innovation. Yachtify will create the first fractional yacht investment platform. It will allow users to buy, sell or rent real-world yachts. This is considered a revolutionary innovation.
If you do not have money to buy a whole yacht then do not worry. Yachtify allows you to own a fraction of Yacht via NFT where the investment can be as little as $100. By investing in Yachtify, investors have double the benefits. They can earn from Yacht charters as well as from fees generated by the platform.
Its native token cost just $0.10 and came with an additional 30% bonus in its presale 1. Given the current situation, the Yachtify token is estimated to surpass 3000% in the following year. And as it is the native token of the Yacht-investment protocol, it is built bullish.
Last but not least, team effort demands to be appreciated. The effort that the team has put in to take investors in their confidence and convince them is commendable. Their identities have been checked and verified through KYC and locked for three years.
Shimmer had no Impact on the price action of IOTA
Clearly, the Shimmer network recently experienced steep growth. It recorded millions of transactions which is incredible. ShimmerEVM was launched last month and within this short duration, it has experienced widespread growth and adoption. This resulted in a transaction milestone of 1 million in a very small duration of time.
But, hard luck, this growth of ShimmerEVM had no impact on the price of IOTA. IOTA is still on a downward slope in terms of pricing. It was recently traded at $0.18 experiencing a 2.1% degrowth in 24 hours. The bulls are trying to rally the price of IOTA, but it cannot match the price of Yachtify.
Render Token market situation
Render Token has been on a negative slope for quite a time now. Analysts have various opinions and all are concerned about its price.
Some suggest that this is the perfect time for Render Token to be accumulated at a cheap rate. They believe that this downfall is a result of the uptrend and that the market will face a rally soon. While others think that the price of Render Tokens will fall further and shouldn’t be seen as a buying opportunity. Because of these diverse opinions, investors find Yachtify a better option now.
Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.
Source: https://www.thecoinrepublic.com/2023/05/14/yachtify-receives-approval-after-large-decrease-in-iota-and-rndr/