Ethereum's inflation rate has recently surged to 0.74%, casting doubt on its "ultrasound money" status. Investors are wary that this inflation will undermine its value and impact its store-of-value appeal, prompting them to seek alternative investment avenues like whitelist presale tokens.
Following Mark Cuban's criticism of memecoins, Dogecoin (DOGE) traders are shifting their focus to tokens offering greater utility.
In the search for high-growth potential tokens, many investors are turning to the PropiChain (PCHAIN) whitelist presale, offering an anticipated 2000x return on investment.
Ethereum (ETH): Sluggish Recovery Amid Uncertainty
Ethereum, with its $300 billion market capitalization, is a leading cryptocurrency. After a significant decline last week, Ethereum (ETH) has begun to recover slowly on low volume.
With an intraday increase of over 2.7%, Ethereum's (ETH) current market value is $2,484.57. Trading volume has increased by 44% in the past 24 hours.
Ethereum (ETH) is trading below its 20-day Simple Moving Average (SMA) and currently faces resistance at the 50-day SMA.
$2,554.42 acts as immediate resistance, with another resistance level at $2704.72. Should the Ethereum (ETH) price drop, support levels at $2311 and $2265.93 may prevent further declines.
Dogecoin (DOGE): New Trend After Correction?
Dogecoin (DOGE) has been on an upward trend lately, following two weeks of volatility.
Dogecoin (DOGE) is currently trading at $0.114 with a 4.6% price increase over 24 hours. Trading volume has also surged by over 50%.
Currently trading above its 50-day SMA but below its 200-day SMA, Dogecoin (DOGE) faces resistance at $0.11553.
If Dogecoin (DOGE) breaks through this resistance, another resistance at $0.12135 may attract sellers. Dogecoin (DOGE) finds support at $0.10736 and $0.10207.
PropiChain (PCHAIN) Whitelist Presale Gains Momentum
Traders looking for explosive growth in well-established cryptocurrencies like Ethereum (ETH) and Dogecoin (DOGE) are flocking to the PropiChain (PCHAIN) whitelist presale.
PropiChain is reshaping real estate investments by digitizing real estate and turning properties into NFTs.
Its unique AI technology simplifies and streamlines complex and time-consuming real estate investment processes. Automated transactions, market insights, and demand prediction enhance the user experience.
Smart contracts automate leasing, eliminating brokers and intermediaries. Agreements are stored on the blockchain and executed automatically based on pre-set conditions.
Smart contracts also facilitate automatic monthly rent payments and hassle-free lease renewals, directly from the tenant's wallet to the owner's wallet.
The native token, PCHAIN, powers the platform's transactions and DeFi components. The whitelist presale for PCHAIN is underway, offering a remarkable 2000x return potential.
How to Join PropiChain's Whitelist Presale
Visit the PropiChain Whitelist Presale and register for the PCHAIN token's whitelist presale using your email address. You will receive a notification when the token presale commences. This quick process can yield up to a 2000x return on investment for early participants.
Conclusion
Due to market volatility surrounding Ethereum (ETH) and Dogecoin (DOGE), many traders are gravitating towards the PropiChain (PCHAIN) whitelist presale for its promising growth prospects.
PropiChain aims to revolutionize real estate through blockchain and AI. By transforming properties into NFTs and automating transactions, PropiChain simplifies traditional real estate processes.
Early participants in the PCHAIN whitelist presale can seize the opportunity to invest in this groundbreaking project and secure the substantial returns projected.
For more information about the PropiChain Presale:
Website: https://propichain.io/
Community: https://linktr.ee/propichain