The Dogecoin price has maintained a steady uptrend, growing over 80% in the previous two months. As DOGE recovers from this year’s major downtrend, it signals a new rally.
At the same time, a new project, PropiChain (PCHAIN), is being called the DOGE killer as it has the potential to generate 8000x returns for early investors.
The Dogecoin Price Hints Breakout From Key Resistance
The Dogecoin Price gained significant momentum last month and has risen over 50% in the past four weeks. Despite the surge, DOGE failed to break out from the critical resistance level at $0.17795, after which the Dogecoin price dropped over 15% to take support at $0.14810.
At the time of writing, the Dogecoin price is $0.1663 after a massive intraday increase of 7.4%. Along with the rise in the Dogecoin price, the daily trading volume for DOGE has also surged over 55% in the last 24 hours.
The Dogecoin price has immense potential for a breakout from the $0.17795 resistance as the RSI and MACD indicators rise fast, indicating tremendous bullish momentum. Also, the Dogecoin Price trading above the short-term 10-day and 20-day SMAs supports this indication.
PropiChain (PCHAIN): AI-powered DOGE Killer
PropiChain (PCHAIN) is creating a Real-world Asset trading platform to transform the global real estate industry. The project is designed to solve the underlying issues in traditional real estate that affect investors and deter newcomers from entering the sector.
It incorporates blockchain, AI, and the Metaverse in its RWA platform. PropiChain stores everything on a decentralized ledger to improve property transaction security and transparency.
PropiChain transforms real estate into tokens that can be traded on the blockchain. The tokens represent small portions of a single property, allowing users to participate in fractional ownership. This provides users with greater liquidity and offers increased opportunities for diversification.
The platform simplifies the trade of these property tokens with the help of AI-powered virtual assistants and chatbots. These assistants guide users through various formalities and transaction processes and answer all their queries.
To help decide which asset to invest in, the PropiChain AI provides accurate property valuations with Automated Valuation Models (AVMs). These AVMs analyze historical property sales and current economic conditions to generate real-time valuations for specific property types.
The AI also provides insights into future price fluctuations and demand changes by analyzing and identifying trends in large data sets of real estate transactions. This data helps users create investment strategies and manage risks.
PropiChain provides automated transactions to implement these strategies with 100% accuracy. The AI executes the orders based on conditions set by the user and stores the transaction details securely on the blockchain.
Another redundant task Propichain automates is the generation of lease agreements. It uses smart contracts to create legally binding lease contracts without the need for high-cost lawyers. After both parties agree upon the lease terms, the agreement is triggered by the completion of fund transfers and signatures.
The platform’s most creative and futuristic feature is the Metaverse, which provides investors with a 3D immersive experience of distant properties. This virtual experience allows users to assess the properties they are interested in without travelling, thus breaking the geographical barrier.
PropiChain (PCHAIN) Vs DOGE: Potential Returns
PropiChain’s native token, PCHAIN, is currently available for purchase at $0.004 in the first stage, increasing to $0.011 and $0.023 in the second and third stages. The token listing price is $0.032, providing over 800% returns to early holders.
With the coming crypto rally, analysts predict PCHAIN could grow up to 80000x, turning even a tiny $100 investment into $800,000.
In contrast, a massive rally could occur if the Dogecoin price successfully breaks out of the crucial resistance. The rally might take the Dogecoin price much higher, reaching up to 800x returns.
However, the new DOGE killer, PropiChain (PCHAIN), offers 10 times more returns and thus seems like a better investment opportunity than DOGE.
Conclusion
Although Dogecoin is hinting at a new rally, PropiChain (PCHAIN) is growing more with its practicality and will play a part in the future of real estate. The platform includes the blockchain, advanced AI, and the Metaverse to create a secure and efficient way to invest in real estate.
PropiChain has been rigorously tested by BlockAudit, which reports the project to be completely free from security vulnerabilities and guarantees its integrity.
PropiChain’s native token, PCHAIN, is already listed on CoinMarketCap. PCHAIN is currently in stage one of the presale, and if you invest right now, it offers an instant 2.75x growth in the next stage and an 8000x return over the long run.
For more information about the PropiChain Presale:
Website: https://propichain.io/
Join Community: https://linktr.ee/propichain
Source: https://coinpedia.org/sponsored/propochain-doge-killer-will-rise-8000x-in-the-long-run/