With the broader market turning bullish, the Cardano price has undergone a massive rally, providing enormous returns to many traders. However, the price has been consolidating for over a week, and investors are shifting funds to the new token presale, PropiChain (PCHAIN), to continue growing their portfolios.
Let’s explore the project in detail to understand the reasons behind its massive 40,000% return potential.
The Cardano Price Consolidates From Decreased Demand
The recent rally, which started on 5 November 2024, shot the Cardano price over 300% within a month. However, the rally lost momentum upon reaching $1.32, and the Cardano price consolidated below the $1.24 resistance level for the next few days.
This week, on Monday, the Cardano price corrected over 20% but bounced back from the $0.9 support level. Over the last 24 hours, it has plunged over 2.5% and trades at $1.08. The Cardano price has recovered in the previous four days but faces rejection from the 10-day SMA.
Despite the minor recovery, the Cardano price consolidates below this SMA line due to insufficient momentum. The MACD oscillator indicates increasing bearish pressure, and the price may be corrected further until demand returns.
PropiChain (PCHAIN): Modernizing Real Estate Investing
PropiChain is the new altcoin rivaling the Cardano price, gaining massive investor support for its mission of transforming the real estate sector. Many real estate investors face fraud risks, opaque pricing, and low liquidity.
PropiChain has developed an innovative solution to address these issues—a futuristic real estate trading platform incorporating blockchain, AI, and the Metaverse, liberating investors from the challenges.
PropiChain has transformed properties into tokens that users can trade securely on the blockchain. Thus, it has brought real estate to the blockchain, improving security and transparency in property transactions.
The property tokens represent fractions of properties, so users have flexibility on capital to invest in an asset. The fractional ownership model also enhances liquidity and provides more diversification opportunities, giving users an edge over traditional investors.
The Metaverse further advantages users by breaking the geographical barriers to real estate. It provides a virtual experience through which users can assess their dream real estate without traveling long distances. Thus, the Metaverse helps investors reach far-away properties without leaving their homes.
Furthermore, PropiChain’s AI provides real-time valuations for these properties. The Automated Valuation Models (AVMs) analyze historical sales data and current market conditions to generate valuations that match the market price.
Additionally, once the user has decided on an investment, the AI offers further help with automated transactions. Using this, investors can maximize the potential return on investment as the AI removes human error and precisely executes the order at the valuation provided by the user.
Users can also automate property leasing using PropiChain’s smart contracts and eliminate manual paperwork. The smart contracts trigger the agreement when both parties sign, and the tenant transfers funds to the landlord.
The smart contracts also notify both parties when the lease approaches expiry and extend the lease terms if they agree. All the legally binding lease documents are stored on the blockchain to maintain transparency and security.
The native token, PCHAIN, ensures the proper functioning of the platform and all its features. It is currently in presale and shows excellent potential to outshine the Cardano price with the surging price in its presale.
PCHAIN raised over $1 million in the first stage, and the token’s value has surged over 175% to $0.011 in stage two. PCHAIN will again surge and reach $0.023 by the next stage, turning $1,000 into over $2,000 within a few days. The launch price is $0.032, so this investment will surge to over $2,900 at the end of the presale.
Moreover, experts foreshadow that PCHAIN will ride the bull run to tremendous heights after the presale and suggest early investors can generate up to 40,000% returns, potentially turning $1,000 into $401,000.
Conclusion
Due to the Cardano price slowing down, investors are participating in the PropiChain presale for its enormous growth potential.
PropiChain is revolutionizing the real estate sector using blockchain, AI, and the Metaverse. Advanced AI tools help users make investments, the Metaverse facilitates virtual property visits, and smart contracts simplify property leasing.
Regarding platform security, the blockchain security firm BlockAudit has performed rigorous testing and reported zero security vulnerabilities and complete regulatory compliance.
Additionally, PCHAIN has been listed on CoinMarketCap due to the team’s commitment to the roadmap and early milestone achievement. Since the listing, the presale has gained speed, and investors can expect to see more positive updates soon as the project is further expanded.
PCHAIN offers early investors an excellent chance to outperform the Cardano price by the end of the presale. Experts advise holding PCHAIN for up to 40,000% returns after the launch.
For more information about the PropiChain (PCHAIN) Presale:
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