The post Maker (MKR) Struggles As Yachtify (YCHT) To Launch Marketplace for Yacht Charter appeared first on Coinpedia Fintech News
Maker (MKR)’s impressive performance in the first two months of the year slowed down considerably since March. It has struggled to pick any bullish run since then. Elsewhere, Yachtify (YCHT)’s upcoming marketplace continues to excite the yacht charter industry as it presents new income-earning opportunities.
Yachtify (YCHT) Opens Up Asset Space To All Investors
Yachtify is on a mission to open up an asset space that has long been considered exclusive to the wealthy. The platform has found ways to reduce the cost barrier to buying, selling, and lending luxury super yachts.
Yachtify combines a team of technicians and yacht specialists to create a platform that will allow investors to enjoy the best of blockchain technology while finding the best deals in the yacht lending business.
Yachtify allows users to also buy or sell shares of yachts. Through its fractionalized NFTs technology, Yachtify creates an easy way for investors to earn extra income from the shares they own. They get paid commissions each time their yacht is rented out. All commissions are paid based on the size of the yacht an investor owns. The platform rents out yachts to maritime schools around the world. Yachtify’s NFTs are a great way to buy Yacht shares, and they cost as low as $100 per piece.
Yachtify’s users will enjoy access to high-end lending protocols where they can get secure loans at competitive prices using their boat assets as collateral. Additionally, the platform will allow users to trade their yacht fractions on Yachtify’s marketplace or other third-party platforms.
Yachtify’s users get benefits like discounts on rental fees, exclusive membership club rights and privileges, and access to boat club events with other organizations. They will also get special account management from professionals.
If you are considering joining Yachtify, now might be a good time because the token costs only $0.10, and the platform also offers a 30% bonus to new investors.
Join Presale: https://buy.yachtify.market
Maker (MKR) Drops Significantly In March
Maker (MKR) has been on an impressive rally since the start of the year, but its momentum had waned greatly since mid-march when official inflation figures were released. Then, Maker (MKR) was trading at $513. It then rallied sharply to $709 by mid-January. Maker (MKR) maintained that price change until Early February when it rallied to $927.
It did rise a bit before falling sharply again in mid-march as a market-wide price drop was triggered by not-so-favourable economic news. Since its march drop, Maker (MKR) has struggled to put together any momentum or rally. It dropped to $669 by mid-march, it then rallied to $801 before it dropped to $691. Maker (MKR) is still expected to finish the year trading at $1000, given its strong bullish momentum that’s expected to continue strongly in the final two quarters of the year.
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