Many traders booked enormous profits thanks to the recent Shiba Inu (SHIB) and the PEPE price rally. After a breakout, the altcoin Shiba Inu gave over 40% return, whereas the PEPE price shot up more than 90%.
However, the markets have slowed, and traders who missed this opportunity are tracking another altcoin presale that can show a 330x rally. Let’s uncover this new altcoin and examine its growth potential.
Shiba Inu (SHIB): Is The Pullback Over?
After over a month of sideways price action, Shiba Inu (SHIB) broke out with a price rally. Breaking the $0.00001950 resistance level, Shiba Inu (SHIB) rose 55% to reach the $0.00003044 price level within four days.
However, since then, Shiba Inu has dropped 22% to trade at $0.00002373. In just the last 24 hours, Shiba Inu (SHIB) plunged over 10%. The daily trading volume for Shiba Inu has also seen an intraday drop of 43%, showing declined demand.
Today, the Shiba Inu daily candle is small compared to the last six days, and SHIB is taking support near the $0.00002260 price level. If the price rises from here to stop the pullback, Shiba Inu may continue to form an uptrend, but the price may fall further and take support from the breakout point.
PropiChain (PCHAIN): RWA Altcoin To Outperform SHIB and PEPE
PropiChain is a new real-world asset trading platform changing how people make real estate investments. It is creating a safe future for the real estate sector. PropiChain has developed an investment platform using blockchain, AI, and the Metaverse.
With this platform, PropiChain aims to solve the underlying issues in real estate that affect all investors. It addresses security and transparency issues that arise from outdated methods and reduces reliance on intermediaries such as brokers and agents.
It brings properties to the blockchain by tokenizing them into tiny fractions, which can be traded on a decentralized ledger. PropiChain users can invest in fractions of properties, allowing them to diversify and manage their capital better.
The fractional ownership model also improves liquidity, as more frequent trades will occur on the platform. Users also benefit from increased accessibility, as they can pool their capital to access properties reserved for only the super-rich in traditional real estate.
PropiChain’s use of the Metaverse also improves user accessibility. It allows users to assess their desired investments virtually without traveling to multiple locations. The Metaverse creates an immersive 3D environment with high-detailed textures covering all the corners of properties.
Additionally, the advanced AI on the platform provides accurate valuations for these properties. It uses Automated Valuation Models (AVMs) to analyze historical sales data and current world events that drive the overall market. The AI also frequently updates the valuations with the unfolding changes in the property neighborhood.
AI further aids investment by providing users with automated transactions. The user may specify a particular valuation at which they want to purchase a specific piece of real estate. The AI then tracks that property’s valuation, and upon a valuation match, it automatically executes the order.
PropiChain also automates lease agreements for users with smart contracts. These create lease documents without manual paperwork and store the contract on the blockchain to make it tamper-proof. The agreements are automatically triggered after the signatures and fund transfers.
Smart contracts also help renew leases without additional paperwork. Both parties are notified of the lease expiry, and if they wish to extend it, the intelligent contracts update the lease terms and store the changed details on the blockchain.
PropiChain’s native token. PCHAIN helps maintain and run the platform. It is currently in the first presale stage, available for $0.004 per token. In the next stage, the price will hump to $0.011, providing over 175% return in just a few days.
The altcoin listing price is $0.032, generating over 800% returns for current token holders. However, analysts have predicted the next bull run will take PCHAIN much higher, potentially gaining 33,550% in value by Q1 2025.
The PEPE Price Rallies to New All-Time High
The PEPE price reached a new All-time High (ATH) of $0.00002524 yesterday. The altcoin broke the $0.00001114 resistance level that had rejected the PEPE price multiple times last month. However, after the enormous 126% rally, the PEPE price dropped fast to trade 20% below the ATH today.
The PEPE price has plunged over 11%, currently at $0.00001996. In addition to the price drop, the volume has declined by 47% in the last 24 hours. The Relative Strength Index is at 82 and is slowly dropping out from the overbought region.
The PEPE price trades above the short-term 10-day and 20-day Simple Moving Averages (SMAs), and the MACD line continues to rise, indicating increasing bullish momentum. As the PEPE price drops, it is expected to pull back to the previous ATH at $0.00001735, which may support the price with increased demand.
Conclusion
Don’t fret if you missed the Shiba Inu (SHIB) and the PEPE price rally. The new altcoin PropiChain (PCHAIN) offers tremendous returns that will outshine these tokens.
PropiChain is transforming the real estate sector to make it more secure and transparent for investors. PropiChain is poised for far better growth since its advanced platform uses blockchain, AI, and the Metaverse to solve real-world problems, unlike community-powered meme coins with limited utility.
The platform has been tested for security by the reputable BlockAudit, which, after rigorous testing, found no vulnerabilities and guaranteed the project’s regulatory compliance.
PropiChain has already been listed on CoinMarketCap, and the project is only in the presale phase. This shows the team’s commitment to completing milestones ahead of time. The project’s roadmap has many more developments, which can be expected soon since the CMC listing has boosted the project’s growth immensely.
The altcoin presale offers stage one participants over 800% returns by listing time, and the token is predicted to gain 33,550% with the next bull run. Early participation in the PCHAIN presale can maximize investors’ chances of reflecting this portfolio return.
For more information about the PropiChain (PCHAIN) Presale:
Website: https://propichain.io/
Join Community: https://linktr.ee/propichain