After the recent bull run, Ethereum and Solana have experienced significant corrections and have plunged considerably. Traders are now shifting to the PropiChain (PCHAIN) token presale to continue making quick returns.
Let’s examine the project and understand how it can offer better growth than Ethereum and Solana.
Ethereum (ETH) Experiencing Pullback After Rally
Ethereum moved out of a triangular consolidation last month when the crypto market turned bullish. After it broke out of the upper trendline of the triangular pattern, Ethereum had a quick surge, with the price moving over 30% within a week.
Ethereum continued the rally with some corrections, but the momentum faded when it reached the $4,087 price level. Due to reduced demand, the price couldn’t move past this resistance and, after some consolidation, corrected to the $3,213 price level.
The Ethereum price has been moving in the $3,213-$3,548 range for over a week and, at press time, trades at $3,360.60 with a 27% decline in daily trading volume. Thus, demand remains low, and Ethereum is expected to continue the consolidation unless there is a sudden sentiment shift.
PropiChain (PCHAIN): AI-Powered Real Estate Trading Platform
PropiChain is an RWA trading platform that aims to solve the issues plaguing the real estate sector using blockchain, AI, and the Metaverse. It has integrated these technologies into the platform and provides various functionalities to address fraud risks, reliance on intermediaries, and high transaction costs.
PropiChain has brought real estate to the blockchain by dividing properties into fractions and converting them into tokens. It offers a fractional ownership model, which provides better liquidity and more diversification opportunities than the traditional market. Thus, users have an advantage over the conventional investors.
Users gain another edge using the Metaverse as it provides a 3D virtual experience of all real estate so investors can assess any property from the comfort of their homes. Thus, the Metaverse increases investment reach and breaks the geographical barrier to real estate investing.
Furthermore, PropiChain delivers real-time valuations of the listed properties using AI-powered Automated Valuation Models (AVMs). These algorithms find trends in historical sales data and ongoing economic factors to generate accurate valuations that match the actual market price.
Once the user decides on an investment, PropiChain offers automated transactions with AI to simplify the process. The AI automatically executes an order based on the condition set by the user, such as the valuation at which they want to purchase a particular piece of real estate. It then stores the transaction details on the blockchain.
Moreover, investors can use the platform’s smart contracts for automatic lease creation. The smart contracts draft the agreements without manual paperwork from the user and trigger the deal after both parties sign the document and the tenant transfers the funds.
Smart contracts also simplify lease renewals by notifying both parties of the lease expiry and creating a new agreement with revised terms if they agree to a renewal. They store these legally binding documents on the blockchain for transparency.
PropiChain’s native token, PCHAIN, is currently in presale stage two and available to acquire at $0.011. This price is highly undervalued, as the presale reaches the third stage in a few days, and the value will increase to $0.023.
Thus, a $1,000 investment in this stage will become over $2,000 when PCHAIN reaches the next stage and over $2,900 when it launches at $0.032 after the presale. Moreover, PCHAIN is projected to outperform Ethereum and Solana with a predicted 100x rally and can flip the investment into $100,000.
Solana (SOL) Falls To Critical Support Level
With the recent rally, Solana surged over 70% within three weeks and reached a new ATH at $263.83. However, demand declined soon after the new ATH, and Solana started falling in a downtrend.
The Solana price took support from the $204 price level but dropped to the $177 support due to increased bearish pressure. Solana trades at $194.45, and the price has fallen to the 100-day SMA due to the continued downtrend. Solana may reverse from this region and continue the previous trend if demand picks up.
Conclusion
Ethereum and Solana dropped significantly after the rally and are hinting at further correction. However, PropiChain is in demand due to its immense growth potential in the early days.
PropiChain is revolutionizing the real estate sector with its advanced RWA platform. It uses blockchain, AI, and the Metaverse to provide a simple investment experience with improved efficiency, security, and transparency, solving the issues investors face in the traditional real estate market.
Regarding user safety, BlockAudit reported zero security vulnerabilities and complete regulatory compliance after conducting a stringent security audit for the platform. Thus, the audit guaranteed PropiChain’s integrity and safety.
Moreover, due to the team’s dedication to reaching milestones early, PCHAIN is listed on CoinMarketCap. This listing has significantly impacted the presale momentum, and investors can expect more such positive developments soon.
PCHAIN is currently available for $0.011 in stage two of the presale, and those who invest in this stage will receive quick profits as the presale progresses. Analysts suggest that PCHAIN will outshine Ethereum and Solana, and investors will enjoy 100x growth at the next rally.
For more information about the PropiChain (PCHAIN) Presale:
Website: PropiChain
Join Community: https://linktr.ee/propichain
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Disclaimer
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