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PropiChain looks to outperform the Cardano price action with a predicted 30,000% ROI.
Table of Contents
Cardano to breakout from rejection trendline
PropiChain: Real estate altcoin to rival Cardano
Conclusion
The Cardano (ADA) price surged with impressive upward momentum in the recent rally but has slowed over the past two weeks. While Cardano has lost demand, the emerging RWA altcoin PropiChain (PCHAIN) continues to witness increasing investor participation in its presale due to its 30,000% upside potential.
Cardano to breakout from rejection trendline
The Cardano price surged over 300% with the massive rally in November. However, when it reached $1.24, the price encountered a rejection trendline, leading to a consolidation near this resistance.
After a few days, the Cardano price plunged from this region, correcting over 20% to the $0.9 support level. Due to this drop, the price moved below the 10-day SMA line but has since recovered and moved back above it.
In the past few days, the Cardano price has been consolidating just below the resistance trendline, with traders waiting for demand to pick up for a breakout.
PropiChain: Real estate altcoin to rival Cardano
PropiChain is an RWA platform integrated with blockchain, AI, and the Metaverse aiming to eliminate the issues that have long plagued the real estate industry. It seeks to address fraud risks, opaque pricing, and high transaction costs that deter investors from investing in real estate.
PropiChain will divide all properties into fractions and convert them into tokens that users can trade on the blockchain. This approach will offer users a fractional ownership model with better liquidity and diversification opportunities than the traditional market.
The fractionalization of real estate will also allow PropiChain users to collectively access traditionally reserved high-end real estate without depleting substantial capital on a single asset, thus benefiting from improved accessibility and better risk management.
PropiChain’s use of the Metaverse will make real estate even more accessible by providing a virtual experience of far-away properties. This will allow users to assess their dream real estate without traveling long distances, saving them time that can be used to evaluate more properties and make better decisions.
When the user has decided on a property to invest in, they can use the platform’s AI features to simplify the transaction. The AI will automatically execute the purchase or sale order precisely at the valuation specified by the users, removing human error to maximize profits.
Furthermore, PropiChain users will be able to automate property leasing using the platform’s smart contracts. The smart contracts will create legally binding lease agreements and automatically trigger them after the successful completion of signatures and fund transfers.
The smart contracts will also simplify lease renewals and notify both parties when the lease is close to expiring. The tenant and landlord will then get a renewed lease with updated terms without any paperwork. The lease agreements will be stored on the blockchain to ensure they are tamper-proof.
PCHAIN is PropiChain’s native token and will be essential for maintaining the platform.
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The potential for PCHAIN to surpass ADA
The ADA price is in a zone of interest and shows the potential to break out from the resistance trendline for another rally. If the price can gain substantial momentum, it might surge over 180% to reach its ATH at $3.10.
On the other hand, PCHAIN has raised over $1 million in the first presale stage and is in the second stage. Investors are moving fast to get the token at its current $0.011 price before it surges to $0.023 in the third stage and $0.032 after the presale.
This suggests that investors with a $1,000 initial investment in this stage will gain over $2,000 when the presale reaches the next stage and over $2,900 by the end of the third stage when PCHAIN launches.
Moreover, PCHAIN is projected to surge by 30,000%, and investors who hold the token at the lowest price can capture the maximum of these returns when PCHAIN rises after the presale.
Conclusion
Traders await the Cardano price to move past the immediate resistance and surge again. However, the PropiChain presale offers an opportunity with potentially higher and steady returns.
PropiChain seeks to transform the real estate sector with an efficient, safe, and transparent investment platform. Its incorporation of blockchain will improve transactional security and transparency, while AI and the Metaverse will transform investment experience and efficiency.
Regarding user safety, BlockAudit rigorously tested the platform’s security features. The blockchain auditing firm reported zero vulnerabilities and guaranteed regulatory compliance and integrity.
Moreover, PCHAIN was recently listed on CoinMarketCap, which helped the presale gain significant momentum. The project’s development is also going fast and will soon reach further milestones, potentially leading to more momentum and quicker gains.
For more information about the PropiChain presale, visit their website or online community.
Read more: PropiChain’s crypto presale is changing real estate investment unlocking this $300T sector
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