Yachtify (YCHT) is increasing in relevance as Bitcoin (BTC) faces problems

Price fluctuations and predictions are critical indications for cryptocurrency traders, whales and investors. Due to several recent events in the cryptocurrency market, current price fluctuations and estimates, Yachtify, a new investment platform for crypto enthusiasts, will outperform well-known cryptocurrencies including Bitcoin (BTC).

Bitcoin (BTC) transactions on hold

According to the latest statistics on May 7, Binance, the world’s largest cryptocurrency exchange, has resumed Bitcoin (BTC) withdrawals after a one-hour halt.

Binance states that due to “severe congestion” on the Bitcoin (BTC) network, they have been forced to stop accepting withdrawals.

Despite taking this controversial step, they said their technical staff was working frantically behind the scenes to provide a temporary solution to the situation. Binance maintained its faith in the Bitcoin (BTC) network’s ability to remain stable and enable fast and economical transactions. Binance informed Bitcoin (BTC) users that their funds were safe and that they had nothing to worry about.

The growing popularity of inscriptions comparable to non-fungible tokens (NFTs) may be the cause of the current congestion of Bitcoin (BTC). The recently published BRC-20 standard only makes it worse. According to the latest data, the mempool has over 400,000 pending transactions. In the previous hours, the number varied between 397K and 403K.

Since then, Binance has given users one hour to withdraw Bitcoin (BTC) tokens.

As Mempool indicates that there are still over 400,000 unconfirmed transactions, it is unclear whether the issue has been resolved. This indicates that the Bitcoin (BTC) network is congested despite Binance’s action.

You can buy Yachtify tokens here.

The way to invest in yachts will be revolutionized by Yachtify (YCHT)

Yachtify aims to create the first blockchain-based marketplace for yachts. Through it, investors will have the chance to generate passive income through investments in and ownership of fractional boat ownership. More specifically, depending on how much of the yacht they end up owning, they can make money by renting it out.

An investor who had a fraction of a boat with a value of 40% would thus, in addition to the trading fees, also be entitled to 40% of the rental income.

Investors have a special chance to work in the marine sector, which has several recession-proof income streams, using the Yachtify Protocol. shared private boat ownership as proposed by the Yachtify protocol. In doing so, it will give its customers access to the prosperous and potent private boating industry.

Yachtify’s pre-sale is currently ongoing; at the first stage, the $YCHT token is worth only $0.1. Investors in the presale are eligible to receive a percentage of platform fees as long as they hold tokens.

Investors can rest assured knowing that the Yachtify network has undergone an InterFi network assessment and that liquidity will be permanently locked.

The Yachtify idea is promising and distinctive. It provides a safe alternative investment platform for investors looking to diversify their portfolios. Yachtify has a lot of potential and could quickly become a top tier cryptocurrency.

To learn more about Yachtify, visit;

Advance sales | Website | Telegram | Twitter

Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. Although we adhere to the Trust Project guidelines for objective and transparent reporting, this content was created by a third party and is intended for promotional purposes. Readers are advised to independently verify information and consult with a professional before making decisions based on this sponsored content.

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