After last month’s rally, the XRP price has consolidated for over two weeks and recently plunged as it failed to break out from a crucial resistance level. Due to uncertainty in the XRP price, investors are moving to the Propichain (PCHAIN) token presale that is foreshadowed to experience a 42,102% rally.
Let’s examine this project in detail and understand how it holds the potential for such enormous growth.
The XRP Price Fails To Move Above Consolidation Range
Before the recent rally, the XRP price had been stuck inside a declining wedge pattern. After over a year of trading in this pattern, the XRP price broke out of the upper trendline due to the massive rally and surged by over 470% within a month.
Despite the enormous momentum, the XRP price faced significant rejection from the $2.9 resistance level and dropped to trade sideways in the $1.9-$2.6 range. Yesterday, the XRP price bounced from the $1.9 level and, in the last 24 hours, has gained over 12%, currently trading at $2.32.
Due to the lost momentum, the XRP price has moved below the short-term 10-day and 20-day SMAs and is expected to continue the sideways trend unless there is a massive shift in market sentiment.
PropiChain (PCHAIN): Invest In The Future Of Real Estate
PropiChain is an RWA platform that aims to address the issues that have long plagued the real estate industry with its blockchain, AI, and the Metaverse integrated trading platform. It eliminates opaque pricing, fraud risks, heavy reliance on intermediaries, and high transaction costs.
PropiChain has brought global real estate to the blockchain by converting properties into tradable tokens. The property tokens represent fractions of a property, allowing investors to partake in a fractional ownership model, which offers better liquidity and diversification opportunities than the conventional market.
Fractionalization also improves accessibility, as users can pool their capital to access real estate reserved in the traditional market. Thus, PropiChain gives users an edge over conventional investors.
Another advantage users have is access to the Metaverse, which further enhances accessibility by offering an immersive virtual experience of all properties. This feature allows users to assess far-away real estate and finalize a property without traveling.
When investors have chosen a property, they can track its valuation using AI-powered Automated Valuation Models (AVMs). The AVMs are complex algorithms that generate accurate valuations based on sales data and economic factors. Using this data, investors can strategize their investments ahead of time.
Furthermore, PropiChain offers automated transactions to help implement these strategies with 100% accuracy. Users can specify the valuation at which to purchase or sell a particular asset, and the AI will execute the order precisely when that valuation is hit.
Users can also automate the leasing process using the platform’s smart contracts to create lease agreements without manual paperwork or expensive lawyers. The smart contracts automatically trigger the deal after completing signatures and fund transfers.
Tenants can also use smart contracts to automate the monthly rent transfer and liberate themselves from redundant tasks. If the rent is delayed, the landlord can set a fixed penalty, which the smart contracts add to the next payment cycle.
PropiChain’s native token, PCHAIN, is an essential part of the ecosystem and is crucial for the platform’s proper functioning. Let’s analyze the token’s growth potential and compare it with the XRP price to determine which offers better returns.
Upcoming PCHAIN Rally To Outperform The XRP Price
The XRP price trades 39% below its ATH at $3.84. If it can regain demand and break from consolidation to start another rally and reach the ATH, there can be an opportunity for 65% gains. However, the PCHAIN presale outshines these potential returns.
PCHAIN has proceeded to the second stage of the presale, having raised over $1 million in the first stage. PCHAIN is available at $0.011 in this stage, which is undervalued as it will increase to $0.023 in the next stage and $0.032 after the presale.
Thus, investors who have invested $1,000 in this stage will receive over $2,000 by the next stage and over $2,900 when PCHAIN launches after the presale. Moreover, analysts foreshadow that PCHAIN will undergo a 42,102% rally and advise early participants to hold the token to tremendous heights.
Conclusion
The XRP price has slowed and struggles to regain momentum as price volatility creates uncertainty. Meanwhile, the PropiChain (PCHAIN) presale is witnessing increasing participation.
PropiChain is transforming the real estate market with its secure and transparent property investment platform. It uses blockchain, AI, and the Metaverse to solve underlying issues in the sector and provide users an advantage over conventional investors.
Regarding user safety, BlockAudit has thoroughly tested the platform and reported zero security vulnerabilities or regulatory violations, guaranteeing PropiChain’s integrity.
Moreover, PCHAIN has been listed on CoinMarketCap, which has given the project a broader audience and boosted the presale performance. Investors can expect more momentum as the project reaches further milestones.
PCHAIN is available to acquire at an undervalued price in the second stage of the presale, so early investors have an excellent opportunity for quick profits. Analysts predict those who hold the token for the coming rally can capture up to 42,102% returns.
For more information about the PropiChain (PCHAIN) Presale:
Website: PropiChain
Join Community: https://linktr.ee/propichain
