Investors avoid THORchain (RUNE) and Litecoin (LTC) as price drop lingers, move to Yachtify (YCHT)

As the sell-off of popular cryptocurrencies like THORchain (RUNE) And Litecoin (LTC) continues, Yachtify has caught the attention of crypto investors and traders as a better project, providing an opportunity for anyone to own a yacht. The offer has sparked interest among many in the crypto community and they are currently amassing YCHT for just $0.10 before it skyrockets.

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Yachtify (YCHT): why you should own a yacht

With the luxury yacht industry surpassing $100 billion in the wake of the COVID-19 pandemic, there has been a surge in demand among consumers. However, the high cost of operation and maintenance has hindered many potential investors from entering the market. Yachtify aims to solve this problem by allowing anyone to own fractionalized NFT-based shares in luxury boats.

The platform wants to introduce a secure, accessible, and efficient investment platform for everyone. Its fractional ownership model will allow individuals with varying income levels to invest in this thriving market and gain the benefits of boat ownership without the expenses and stress involved.

This innovative approach is set to transform the industry, making yacht investment and ownership more inclusive. Moreover, experts have predicted that Yachtify’s launch could yield returns of up to 100x. Currently, in presale, investors can acquire Yachtify tokens for $0.1, with early backers of the project qualifying for discounts on storage, maintenance, and transaction fees. Yachtify wins our award for top crypto investment in 2023. You can purchase tokens and find out more about the presale by using the links below.

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THORchain (RUNE) price decline continues

THORchain (RUNE), a decentralized liquidity protocol, enables users to exchange Bitcoin assets across multiple networks with ease while still maintaining full control of their holdings. Users can swap assets without relying on order books as a source of liquidity on THORchain (RUNE). In July 2019, THORchain (RUNE) raised funds through an initial DEX offering (IDO) on the Binance DEX.

In April 2021, the protocol launched its single-chain chaosnet, followed by a multi-chain upgrade last April and the Mainnet launch last June. Despite these numerous developments, the platform’s native token, THORChain (RUNE), is yet to take flight. At press time, the price of THORChain (RUNE) is $1.19, representing a 1.01% price drop in the last 24 hours and an 8.93% decline in the past seven days.

Litecoin (LTC) price continues in a downtrend

Litecoin’s (LTC) price faced resistance near $90 last week, leading to a fresh decline below the $85 support level, similar to Bitcoin and Ethereum. Meanwhile, Litecoin (LTC) has experienced a break below a crucial rising channel with support around $86 on the 4-hour chart, causing the pair to trade below the $80 support level, forming a low near $75.26.  Litecoin’s (LTC) price is now attempting a recovery wave, currently trading above $85 and the 100 simple moving average (4 hours).

The immediate resistance for Litecoin (LTC) is near the $82 level, which is close to the 50% Fibonacci retracement level of the downward move from the $89.13 swing high to the $75.26 low. The next significant hurdle is near the $85 level, and a clear break above it could trigger a strong price increase. According to on-chain crypto market data, the price of Litecoin (LTC) is $79.48, with a 1.62% price increase in the last 24 hours and a 10.00% price decline in the past seven days.

Find out more about the Yachtify (YCHT) presale:

Presale: https://buy.yachtify.market

Website: https://yachtify.market

Telegram: https://t.me/yachtify

Twitter: https://twitter.com/yachtify_market

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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