Once again, the meme coins – digital assets that pay homage to memes – are back in the spotlight, and are riding the bullish waves. Leading the charge is Pepe (PEPE) , a new meme coin, along with Floki (FLOKI).
Meme coins may be on the rise now, but as history has taught us, their gains are usually short-lived. Through the meme coin wave, investors are still backing a Web 3 investment platform, Yachtify (YCHT), that has shown more long-term potential.
This heightened interest shows that Yachtify (YCHT) has huge potential as a token that offers staking rewards better than meme coins. In this article, we will discuss the reason behind the upswing of meme coins and how they stack up against the long-term market winner, Yachtify.
Pepe (PEPE) Debuts on Binance with a Bang
Pepe (PEPE) is a new meme coin inspired by Pepe the Frog – the popular internet meme created by cartoonist Matt Furie in the early 2000s. Pepe (PEPE) was launched on April 14, and due to how popular the internet meme was, its usage exploded.
Upon its Binance listing today, Pepe (PEPE) is leading the crypto gainers, with its price jumping by over 125%. Since its launch, the price of Pepe (PEPE) has increased by more than 4,000%, outperforming the crypto market.
At the time of this writing, Pepe (PEPE) trades at $0.00000388. Despite the massive jump in price, investors are still wary about Pepe (PEPE) because meme coins are notorious for dumping even harder than they pump.
Floki (FLOKI) Rides the Bullish Wave
Floki (FLOKI) is a more established meme coin inspired by the dog breed. Today, Floki (FLOKI) is up by almost 60% because of the same reason as Pepe (PEPE).
Binance announced that the exchange will be listing Floki (FLOKI) in the innovation zone. Floki (FLOKI) is the second-biggest gainer today and currently trades at $0.00005196, according to data from CoinMarketCap.
Since its all-time high, the price of Floki (FLOKI) is down by more than 85%, pointing to the fact that the bull run may not last. As earlier mentioned, smart investors are also avoiding Floki (FLOKI) because of its high dump potential. One project that has caught the attention of investors is Yachtify, thanks because it solves a real-world problem and gives investors the chance to earn passively.
Yachtify (YCHY) is the Next Big Thing
Yachtify has set out to create a unique platform where individuals can earn passive income by investing in and owning fractional stakes in yachts. The boat owners will receive a proportionate share of the rental income based on their investment.
Yachtify’s unique fractional ownership model will enable investors of all income levels to participate in this booming market, gaining access to the benefits of boat ownership without the full expenditure and responsibility of traditional ownership. This will allow everyone to be able to invest in luxury boats.
The NFTs are backed by real yachts and holders will receive rewards when their boats are leased or rented. The platform will operate with a native token, $YCHT. With a total token supply of 100,000,000, only 58,000,000 are available during the presale, so early investors can secure their shares for as low as $0.1 per token.
To avoid sudden sell-offs following the launch, Yachtify will vest tokens on the platform, with investors receiving 20% of their tokens every week for five weeks.
Find out more about the Yachtify (YCHT) presale:
Website: https://yachtify.market
Presale: https://buy.yachtify.market/login
Twitter: https://twitter.com/yachtify_market
Telegram: https://t.me/yachtify
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