A new meme-coin/cryptocurrency called PEPE (PEPE) has made investors millions and billions of dollars in the days after its inception. But it seems that the days of maximum are coming to an end. Pepe (PEPE) has recently struggled to hold its value in the face of the present negative momentum. There may, however, yet be hope for them.
It would be prudent to diversify into other cryptocurrencies with bright development potential even though Pepe (PEPE) may experience some price increases soon. You should think about investing in Yachtify.
PEPE Declines Causing Investors to Lose Funds
On Sunday, Pepe (PEPE) dropped once again as the cryptocurrency token modeled after the Pepe (PEPE) the Frog meme left at least one investor with losses of $500,000 on paper.
According to Coingecko statistics, Pepe (PEPE) is trading at $0.00000259 right now. The price reached its highest point on Friday at $0.00000420, which may or may not be connected to the 4:20 meme about pot.
At least one significant trader is nursing paper losses as a result of the collapse. On Sunday, the analytics company Lookonchain said that a ‘whale’ purchased 962.3 billion Pepe (PEPE) at an average price of $0.000003122. That transaction is nearly $500,000 in the red at the current pricing.
Memecoins add a dash of speculative speculation to a well-known online meme. Even though they have no usefulness, they have a lengthy history in the crypto world. While early adopters might make significant gains on the ascent, those who purchase close to the top risk sitting on significant losses.
Losses occurred on Saturday when Binance, the largest cryptocurrency exchange in the world, allowed users to trade the token for the first time. The Pepe joke coin was featured on Binance despite a disclaimer stating “the token has no utility and it is created by an anonymous team.”
Yachtify (YCHT) Offering A Rare And Unique Channel of Investment The Blockchain Industry Hasn’t Seen
The internet marketplace known as Yachtify focuses on the sales and rentals of luxury boats. With a focus on the high-end yacht market, we are excited to announce the development of the first blockchain-based boat investment platform. This revolutionary technology allows anybody to buy, sell, and invest in NFTs that are backed by genuine boats.
For those wishing to buy and own a boat fractionally to produce passive income, Yachtify serves as a market. Based on your overall share, you will get a portion of the rental charge when your boat is rented out. You would get 50% of the trading fees for hire-less services if you owned 50% of the charter.
The luxury of owning a boat has always been reserved for the rich. We have created the world’s first fractional yacht investing platform so that the general public may buy, sell, and lease genuine boats.
A Stage One presale is presently available via Yachtify for only $0.1. For as long as they have the tokens, presale investors might get a cut of the platform fees. In more concrete terms, they may make money from their ownership by renting out the yacht they own. Investors may rest well knowing that the liquidity will be permanently locked and that the Yachtify network has successfully passed an InterFi network KYC.
Most seasoned investors are aware that making early investments in solid businesses typically results in high returns. It is strongly advised to visit Yachtify.
Find out more about the presale:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.