Shiba Inu Price to Feel Pressure of Incoming Airdrop, Traders Rotate to Low Cost RWA Competitor

The Shiba Inu price action is expected to take a positive turn since Shiba Inu (SHIB) recently announced an airdrop of 10 million PhilToken for SHIB holders who have held the token since 28 August 2024 in non-custodial wallets like Trust wallet and metamask. 

This likely results from a partnership between Shiba Inu and PhilToken.Meanwhile, a new RWA project, PropiChain (PCHAIN), is quickly rising to become a leader in the sector as it witnesses exponentially increasing participation in its presale.

Today, we will analyze the Shiba Inu price action and understand why traders flock to PropiChain (PCHAIN).

Future Shiba Inu Price Analysis: Implication of Airdrop

PhilToken has collaborated with other cryptos for philanthropic reasons and to take social responsibility by giving back to the community. The strategic airdrop by Shiba Inu (SHIB) is expected to accelerate the project's and community development.

Over the past three weeks, the Shiba Inu price has been moving in an uptrending channel. The channel's lower trendline is currently supporting the Shiba Inu price. If it breaks this trendline, it could end the short-term uptrend.

The Shiba Inu price has declined for three days, making the bearish three black crows pattern. At press time, it is $0.00001742, having dropped over 3.9% in the last 24 hours.

With this collaboration with Shiba Inu, PhilToken aims to fuel mutual project growth and development. However, since the Airdrop announcement on Monday, the Shiba Inu price has plunged significantly, and there has been no positive reaction to the news yet.

As the Shiba Inu price continues to decline, traders are drawn to the PropiChain (PCHAIN) presale, which signals explosive growth potential with its serious mission.

PropiChain (PCHAIN): The Most Practical RWA Token

The traditional property investment process is very time-consuming and requires high effort. The industry is plagued with many issues, such as fraud risks, large capital requirements, entry barriers for newcomers, and heavy reliance on intermediaries.

PropiChain (PCHAIN) is a rising project focused on Real World Assets (RWAs), specifically real estate. It aims to transform the real estate industry by solving these issues and attracting more investors to participate in property investments.

PropiChain improves security and transparency in property transactions by bringing properties on the blockchain to allow trade on a digital and decentralized platform. All crucial investment-related details are securely stored on the decentralized public ledger.

This is accomplished through NFT tokenization, which converts properties into NFTs, allowing investors to exchange real estate on the blockchain easily. A single property may be divided into numerous small portions, each represented by a unique NFT. 

This enables investors to own fractional real estate, increasing opportunities for diversification and improving liquidity. PropiChain users can choose which part of a property they want to own. Investors also get increased access to large properties as they may pool their capital to share a property.

Now, to determine which properties and portions to invest in, users can take advantage of PropiChain’s AI-powered Automated Valuation Models (AVMs). These highly accurate algorithms provide real-time property valuations by analyzing trends in previous sales data, market conditions, and property attributes.

After deciding where to invest, users need to know the best time to invest in these properties. PropiChain uses AI to provide predictive insights into market price volatility and demand fluctuations. Using this, users can enter at the right time by creating informed strategies.

Proper execution is crucial to maximizing gains using these strategies. PropiChain users get help with this via AI-powered automated transactions. AI can perform buy or sell orders based on predetermined conditions provided by the user, such as when a particular property hits a specific valuation.

PropiChain allows further automation on the platform using smart contracts. The conventional leasing method is very cumbersome and requires help from brokers and lawyers. The smart contracts on PropiChain help create lease agreements without extensive paperwork or intermediary assistance.

The completed agreement is legally binding to both parties and stored on the decentralized ledger, making it tamper-proof. The contracts execute the agreement automatically after the signatures and deposit of funds. 

Similarly, with smart contracts, lease renewals are simplified and do not need additional paperwork. When the lease term is about to expire, the tenant and landlord are notified, and upon confirmation, the renewed agreement with the updated terms is again stored securely in the ledger.

All these creative automation and security features drive investors towards the presale of PropiChain’s native token, PCHAIN.

The token is currently available for $0.004 in the first presale stage. The price is set to increase as the presale progresses, reaching $0.011 and $0.023 in the subsequent stages. The listing price is expected to be $0.032.

Experts recommend investing in PCHAIN in the first stage since it provides over 800% returns by the time of listing and is predicted to grow 100x by Q1 2025.

Conclusion

The Shiba Inu price continues to suffer even after the news of the massive 10 million PhilToken airdrop from the collaboration between Shiba Inu (SHIB) and PhilToken. Investors are looking for new opportunities that offer growth beyond the overall market.

Many traders rush to the new RWA project, PropiChain (PCHAIN), which aims to fix the prevalent issues in real estate and provide users with a more secure, efficient, and transparent environment.

Experts believe in its potential for explosive growth and suggest participating early in the PCHAIN presale to generate 100x returns.

For more information about the PropiChain Presale:

Website: https://propichain.io/

Join Community: https://linktr.ee/propichain