The Solana price sits on the knife’s edge as it is on the cusp of a 40% plunge if bulls fail to protect the $155 support level. While Solana (SOL) holders hope for a quick reversal above $180, PropiChain (PCHAIN) has emerged as a surprise winner. The upcoming altcoin is a tokenization real estate platform.
The grim picture for the Solana price comes amid solid milestones for the layer-1 blockchain. Solana has a TVL of $5.961 billion, indicating its growing footprint in the DeFi sector. Its transaction fee revenue is rising, yet the Solana price is projected to decline. This drop in the Solana price has augured well for PropiChain’s presale.
PropiChain has been lauded as the best new altcoin to buy now. The upcoming altcoin is projected to rise 21,444% in four months.
Solana Price Faces Crucial Hurdle
The Solana price is facing a crunch time. After failing to blaze past the $180 resistance level, it has retreated to $161.95. Analysts fear the price could slide 40% if it fails to hold the key resistance level at $155. The Solana price dropped from $182.79, forming a local bottom at $157.11.
Analysts claim that the Solana price may fall 10% but will take serious negative catalysts to tank it 40%. A 40% slide for the Solana price will send SOL below $100. While the market has dipped, analysts claim it is healthy, and the Solana price benefits from it.
PropiChain to Rise 21,444%
PropiChain’s token presale has garnered attention from whales and retail investors due to its potential for 21,444% gains.
PropiChain’s value proposition goes beyond massive gains for early adopters. The altcoin will tokenize real estate to transform the $300 trillion property industry. PropiChain will use emerging technologies such as AI, the metaverse, and blockchain to achieve this.
PropiChain will use AI-powered smart contracts to automate transactions. The smart contracts will monitor all steps in real estate transactions, such as verifying rental payments or property purchases.
When conditions are met, the smart contract will automatically carry out the desired transactions.
The automation is precise, eliminating room for human error or oversight. It speeds up transactions while significantly lowering costs and resources. Smart contracts are used for auto-leasing and auto-renewal of contracts.
Smart contracts are important within PropiChain’s ecosystem. To this end, PropiChain recently passed its smart contract audit with BlockAudit, a blockchain firm specializing in Web3 security. This is an important step that gives investors and users peace of mind.
PropiChain will use the Metaverse for virtual touring and staging. This means prospective buyers can tour properties virtually to minimize scouting costs. Virtual staging allows users to experiment with different layouts, offering a unique and interactive viewing experience.
Early investors will reap huge rewards as they will buy the PCHAIN token at its lowest-ever price of $0.004. At listing, the altcoin will be trading at $0.032, marking an 800% surge during the presale alone.
Solana and PropiChain: Mixed Fortunes Await
Solana is at a crossroads where it could plunge 40% or resume the uptrend. This is dangerous for leveraged traders as their positions could be easily wiped out. On the other hand, PropiChain is in the first phase of its presale.
Each PCHAIN token can be bought for $0.004, and its price will surge 21,444% when it starts trading on the open markets. Analysts predict that PropiChain is the best new altcoin to buy now.
Conclusion
PropiChain has made a stride in the right direction. The altcoin has been listed on CoinMarketCap, allowing millions of users to learn more about the project and foreshadowing bigger announcements.
It rounds off its impressive milestones with a clean audit of its smart contracts. PropiChain is making a strong case for being a top altcoin to invest in.
Join PropiChain to earn 21,444% gains while setting a new bar for the real estate industry.
For more information about the PropiChain Presale:
Website: https://propichain.io/
Join Community: https://linktr.ee/propichain
