The slow Ethereum price action in the past months has led investors to switch to new altcoin alternatives that offer a chance to outperform the markets.
These investors track the progress of the latest presale opportunity, PropiChain (PCHAIN), as they wait for their investments to grow enormously. Let’s examine how this new RWA altcoin promises explosive growth with the transformation of the $300 trillion real estate industry.
The Ethereum price has gained over 2.8% in the last 24 hours and is currently at $2,900.54. However, despite the surge in Ethereum price, the daily trading volume has plunged 14%.
Over the last three months, the Ethereum price had been in a triangular consolidation, which it recently broke. The Ethereum price grew over 20% in the previous three trading sessions but faces rejection from a crucial resistance near the $2922 price level.
At the time of writing, the Ethereum price action creates a shooting star candlestick pattern, indicating a trend reversal. This analysis is supported by the fact that the Ethereum price faces rejection from the 200-day Simple Moving Average (SMA).
PropiChain is a new RWA platform designed for real estate trading. It addresses property investment issues such as corruption, opaque pricing, significant capital requirements, and reliance on brokers and agents.
It uses blockchain, AI, and the Metaverse to solve these issues that have haunted investors for decades.
PropiChain has brought real estate assets to the blockchain by dividing each into tokenized pieces. The tokens represent small parts of a single property that users can trade with each other on the blockchain.
This fractional ownership model increases liquidity and diversification opportunities. In this way, PropiChain has improved accessibility for new investors who can now invest in real estate with a small capital that they can build up over time.
The Metaverse further improves accessibility by helping users assess properties far from their location. It provides a 3D virtual real estate experience, allowing investors to finalize an investment decision from the comfort of their homes.
PropiChain’s AI also helps make investment decisions by providing accurate valuations for these properties. The AI-powered Automated Valuation Models (AVMs) analyze historical sales data and current market dynamics to generate these valuations. Users can develop investment strategies with this information.
Further, to aid the proper execution of these strategies, the AI offers automated transactions. It triggers the purchase or sale order based on users’ conditions, such as a property dropping to a desired valuation. Upon successful execution, the AI stores the transaction details on the blockchain to make it tamper-proof.
PropiChain even automates the cumbersome lease agreement process. It uses smart contracts that generate legally binding documents without manual paperwork. Smart contracts trigger the lease agreement after signatures and successful fund transfer.
Smart contracts also automate the monthly rental payments, guaranteeing on-time rent deposits by the tenant. However, if the rent is still past the due date, the landlord can set a fixed penalty that the smart contracts automatically deduct, thus providing peace of mind.
The platform’s native token, PCHAIN, powers all these innovative features. PCHAIN is currently in the first stage of the token presale. Let’s see what the presale offers.
The Ethereum price may start a new rally if it successfully moves away from the congestion and breaks the current resistance level. This could take the altcoin to its full potential, i.e., its All-time High of $4,891.70, generating over 68% returns.
However, PropiChain’s altcoin presale overshadows this. The altcoin, PCHAIN, is currently valued at $0.004 in the first presale stage. The second and third-stage prices are $0.011 and $0.023, providing quick returns to current holders, while the listing price of $0.032 will generate 800% returns for stage one investors.
With the next bull run, PCHAIN is expected to rise tremendously, with predictions pointing at up to 8,000x returns. Early participation is crucial for reflecting this excellent growth in your portfolio.
Uncertain about the Ethereum price recovery, traders flock to the new altcoin, PropiChain (PCHAIN), hoping to generate massive returns.
PropiChain is transforming the real estate sector using blockchain, AI, and the Metaverse. It provides users with property details, automation, and the ability to experience real estate remotely, creating a simplified investment environment.
After rigorous testing conducted by BlockAudit, the platform showed zero vulnerabilities, highlighting the project’s integrity. The auditing firm also guarantees PropiChain regulatory compliance as it found no legal violations.
Recently, PCHAIN was listed on CoinMarketCap, showing the project’s continuing growth. As PropiChain keeps following its roadmap and checking items off the checklist, more developments are coming.
An investment in PCHAIN at this stage can boost your portfolio multifolds as the token is predicted to rise 8,000x with the next rally.
Website: https://propichain.io/
Join Community: https://linktr.ee/propichain
Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content. |
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