Cardano and Solana have undergone significant corrections after the rally, hinting at another surge if demand returns. The next rally could take these altcoins 50x their current value, but analysts predict that PCHAIN can outshine this with its post-presale surge.
PropiChain (PCHAIN) is in the presale phase and shows potential for three times the returns of Cardano and Solana by the end of the year. Let’s examine the project to understand how it has such immense growth potential.
Will Cardano (ADA) Surge Again After Correction?
Due to the massive rally in November, Cardano surged over 300%. Despite the enormous momentum, the price faced rejection at $1.25, which led to a decrease in demand, and the Cardano price consolidated below this resistance.
After a week of consolidation, the price plunged over 20%, and Cardano dropped to the $0.91 support level. The price recovered but again faced rejection near $1.13 and dropped to $0.9. In the last 24 hours, the price has moved +0.48%, and at press time, Cardano trades at $0.8894.
The price has now been corrected to the 50-day SMA line, and Cardano is expected to regain demand in this region and undergo another rally.
Solana (SOL) Takes Support At Crucial Trendline
Since the peak of March 2024, Solana traded in a declining wedge, which extended until the recent rally, when the price broke out of the upper trendline. Solana surged over 70% and reached a new ATH at $263.83 on 23 November.
However, the demand vanished, and the Solana price started to fall from this new high. Solana now trades at $183.81, 30% below the ATH. The price is now taking support from the upper trendline of the declining wedge it had broken past with the rally. If demand picks up, Solana can again surge significantly from this level.
PropiChain: Real Estate Meets AI and The Metaverse
PropiChain is an emerging RWA platform that aspires to solve the issues that have long plagued the real estate sector. It integrates blockchain, AI, and the Metaverse into the platform to address fraud risks, opaque pricing, and high transaction costs in traditional real estate.
PropiChain divides properties into fractions and converts them into tokens tradable on the blockchain. This approach allows users to participate in fractional ownership and enjoy better liquidity and increased diversification opportunities than the traditional market, thus gaining an advantage over conventional investors.
Users gain another edge with the Metaverse integration, which offers a virtual experience of all real estate. Investors can assess any property from the comfort of their homes and thus increase their investment reach. Therefore, the Metaverse saves time and cost by breaking the geographical barrier to investing.
Moreover, PropiChain provides accurate real-time valuations of these properties using Automated Valuation Models (AVMs). These AI-powered algorithms analyze historical sales data and current economic factors to generate valuations matching the property’s actual market price.
When the user has finalized a property to invest in after careful assessment, PropiChain offers automated transactions to simplify the acquisition process. The user can specify the valuation to purchase a particular piece of real estate, and the AI will automatically execute the order and store the details on the blockchain.
Furthermore, users can also automate the leasing process using the platform’s smart contracts. The smart contracts help create lease agreements without manual paperwork and trigger them after both parties’ signatures and completion of the fund transfers.
Smart contracts also help simplify lease renewals. They notify both parties when the lease is close to expiring and create a new agreement with updated terms if they agree to a renewal.
PCHAIN: RWA Altcoin To Outperform Solana And Cardano
PropiChain’s native token, PCHAIN, is a necessary element and ensures the platform’s proper functioning. It is currently in presale stage two at a low price of $0.011. The presale will progress to the third stage in a few days, and the value will surge to $0.023. PCHAIN will launch at $0.032 after the presale.
Thus, a $1,000 initial investment in this stage will be worth over $2,000 when PCHAIN reaches the third stage and over $2,900 when it launches. Moreover, PCHAIN is projected to outperform Cardano and Solana with a massive 150x by the end of the year.
Conclusion
Technical analysis on Cardano and Solana suggests that the altcoins can have another rally if there is enough demand after the price correction. However, PropiChain (PCHAIN) offers much higher returns.
PropiChain is transforming the real estate sector with its blockchain, AI, and the Metaverse integrated investment platform. It offers a simplified investment experience with increased efficiency, security, and transparency to solve the issues investors face in conventional real estate investment methods.
Regarding safety, BlockAudit has conducted a thorough security audit for the platform and reported zero vulnerabilities, complete regulatory compliance, and a guarantee of PropiChain’s integrity and user safety.
Moreover, PCHAIN has been listed on CoinMarketCap, significantly boosting the presale momentum. The project’s development team is working to reach further milestones quickly, which means investors can expect to make quicker gains.
PCHAIN is currently in presale stage two, available to early investors at an undervalued price of $0.011. Analysts suggest PCHAIN will outshine the Cardano and Solana rally and have a 150x growth by 1 January 2025.
For more information about the PropiChain (PCHAIN) Presale:
Website: PropiChain
Join Community: https://linktr.ee/propichain