Another crypto bull market here and once again investors are scrambling to find the best asset to buy. In every cryptocurrency bull market, there has been a standout project that makes the gains of other digital assets look small.
Ripple (XRP) and MultiversX (EGLD) are great investment opportunities but are too popular to be the standout performer despite showing bullish signs. The lesser-known projects are often the biggest gainers, and some investors identified Yachtify as one that has the potential for great gains.
Investors Back Yachtify to Outperform Crypto Market
Yachtify is doing what was previously thought impossible, giving every investor a chance to invest in the lucrative luxury yacht industry that’s worth over $100 billion. The innovative fractional private yacht ownership model that Yachtify is offering ensures that anyone can take part, regardless of their investment capital.
On the Yachtify platform, you can purchase, sell, and rent various types of boats. Investors earn a percentage of the revenue generated on the platform, and they can trade their yacht NFTs on multiple external marketplaces.
In addition, Yachtify plans to unveil a lending protocol as part of its ecosystem. Users will be able to secure loans at good rates, using their NFT assets and physical yachts as collateral. Yachtify is now on presale at $0.1, a great deal as it shows the potential to become a blue chip crypto project.
The Ripple (XRP) Vs. SEC Lawsuit to End Soon?
Ripple (XRP) has endured some of the toughest times in the crypto industry over the last two years. However, there seems to be light at the end of the tunnel with rumors of the ongoing lawsuit file by the SEC against Ripple (XRP) ending soon.
In addition, the top legal advisers of Ripple (XRP) have met with lawyers of Coinbase – the biggest crypto exchange in the United States. This has raised excitement that Ripple (XRP) could be relisted by Coinbase.
If these turn out to be true, it could mark a turning point for Ripple (XRP). These bullish signs, in addition to other developments, could set Ripple (XRP) up for its biggest rally in years. Ripple (XRP) now trades at $0.4588 but has lost 10% in the last month.
MultiversX (EGLD) Sees Positive Development
MultiversX is a highly-scalable blockchain network created to enable the development of dApps for large-scale users and businesses. While MultiversX (EGLD) undoubtedly has the infrastructure, it has struggled to attract top projects.
However, the narrative could be changing with the public testnet of DX25 launching on the MultiversX (EGLD) blockchain. DX25 is a decentralized exchange (DEX) that will bridge traditional finance (TradFi) and decentralized finance (DeFi) on MultiversX (EGLD)
These developments are yet to turn the negative sentiments of MultiversX (EGLD) positive. MultiversX (EGLD) currently trades at $39.42 having lost more than 12% of its value in the last seven days. The lack of positive sentiment is why investors are moving their funds to Yachtify (YCHT).
Find out more about the Yachtify (YCHT) 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.