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The Web3 space is home to over 23,000 cryptocurrencies. From coins and tokens that serve a specific goal to those that were created just as a meme, the blockchain industry is broad and can provide people with a lot of opportunities.
However, not every single cryptocurrency will perform equally, and some might see a much more significant increase in value, while others might dip and lose value.
Investors who originally made an investment within EOS (EOS) and Stacks (STX) are now eyeing the Yachtify presale, as the cryptocurrency has a 40x growth potential.
To see what all of the hype is about, today, we will go over all of these altcoins individually.
Yachtify (YCHT) Offers An Opportunity into The Luxury Yacht Market
The Yachtify project is one of the latest to enter the Web3 space, and it is being developed to offer fractional, private yacht ownership through a model that’s unique and provides investors access to the asset class.
Through the usage of the native YCHT token, anyone will be able to gain ownership over non-fungible tokens (NFTs) that have been minted on top of Yachtify, then fractionalized. Each NFT represents a physical yacht, which is insured, and stored in high-security ports on a global scale.
Any investors can buy a specific percentage of the NFT, for example, 50%, and get passive income through their investment whenever the yacht or boat gets rented out, for example. If they invested 50%, they would get 50% of the profits generated, aside from Yachtify’s fee.
As for the value of the YCHT token, at its presale, it trades at just $0.10. Analysts predict that it can climb in value by 40x in the upcoming months.
EOS (EOS) Worries investors With a 14.1% Decrease
Last month, the team behind EOS (EOS) open-sourced the EVM source code. This marked one of the most significant milestones for the EVM and kept up with ENF’s core values.
Additionally, EOS (EOS) hosted a Consensus 2023 recap, where they went over the Community’s Fireside Chat.
As for the value of the EOS (EOS) cryptocurrency, on May 4, 2023, the altcoin traded at $1.01. In the last 30 days, EOS (EOS) saw a decrease in its value by 14.1%. In the last two weeks alone, EOS (EOS) saw an additional decrease of 8.3%, which has left investors worried about its future.
Stacks (STX) Dips 11.8% and Investors Begin Diversifying
Stacks (STX) went to Twitter and posted a thread surrounding fully programmable Bitcoin (BTC). Layer-2 technologies can enhance the utility of the network end and enable new use cases and applications. Stacks (STX) are responsible for bringing smart contracts on top of the network, which in turn enables a much higher level of functionality to it.
As for the value of the Stacks (STX) cryptocurrency, on May 4, 2023, it traded at $0.774969. Within the last 30 days, Stacks saw a decrease of 11.8%. In the last 24 hours, its decrease was at 1.6%. In any case, the future of Stacks (STX) is uncertain, and as such, investors have begun diversifying.
Find out more about the presale:
Website:https://yachtify.market/
Presale:https://buy.yachtify.market/login
Twitter: https://twitter.com/yachtify_market
Telegram: https://t.me/yachtify
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