Solana Millionaires Flock to PropiChain, Anticipating a Rally to Rival SOL’s 2021 Bull Run

Solana (SOL) has gained bullish momentum in the past few days as the broader crypto market recovers. However, a new presale, PropiChain (PCHAIN), has caught the eye of SOL whales, who expect PCHAIN to outshine the 2021 Solana returns.

Let’s examine this new project and understand the current market dynamics and potential returns for SOL and PCHAIN.

Solana (SOL) Faces Critical Resistance After Breakout

The current market price for Solana (SOL) is $218.92 after a massive 5.9% intraday price surge. The daily trading volume has increased significantly by over 80% in the last 24 hours, indicating increased demand.

Solana (SOL) recently broke the upper trendline it had been facing rejection from since March. It has gained almost 40% within one week, showing massive bullish sentiment. 

Solana has a Relative Strength Index (RSI) of 78, which is rising, indicating the altcoin is highly overbought. Solana is facing resistance near the $221 price. This price could be an entry for the bears, which may make the price drop to retest the trendline.

PropiChain (PCHAIN): New RWA Altcoin Challenges Solana

PropiChain (PCHAIN) has developed a real estate trading platform to solve issues like opaque pricing, heavy reliance on intermediaries, fraud risks, and money laundering that deter investors from property investments.

It uses blockchain, AI, and the Metaverse to solve these issues and create a safe environment where users can have peace of mind.

PropiChain converts properties to tokens that users can trade on the blockchain. Every piece of real estate can be divided into tokens representing small portions of that property. PropiChain users can access reserved luxurious real estate since they can pool their capital and own fractions of a property.

This fractional ownership model improves liquidity and accessibility for small investors, thus providing them an edge over traditional investors.

Another way PropiChain improves accessibility is by integrating the Metaverse. The Metaverse provides an immersive feel of all the properties on the platform, allowing investors to virtually assess the real estate they are interested in. This allows users to finalize which property to invest in without leaving their homes.

PropiChain further helps with investment decisions by providing accurate valuations for these properties using Automated Valuation Models (AVMS). The AVMs are complex algorithms that analyze previous real estate sales data and current economic indicators to generate valuations that reflect the actual market price.

Additionally, the AI delivers market insights, such as future price fluctuations and demand changes for specific property types, by finding trends in large data sets of historical property transactions. Using this information, users can strategize investments ahead of time to maximize gains.

Now, to properly implement these strategies, AI offers automated transactions based on conditions provided by the user. The condition can be – to purchase a specific part of real estate when it hits a particular valuation. When the condition is satisfied, the AI executes the transaction and stores the details on the blockchain.

PropiChain also automates lease agreements using smart contracts. These create legally binding lease terms without manual paperwork or the need for lawyers. The smart contracts trigger the lease agreement and store it immutably on the blockchain after the tenant has transferred the funds and both parties have signed.

Smart contracts also automate lease renewals by notifying the landlord and tenants when the contract expires. If both consent, the updated lease agreement is created without additional paperwork and stored on the blockchain for security.

PCHAIN, PropiChain’s native token, powers the entire platform and guarantees its proper functioning. It is currently in presale.

Solana vs. PCHAIN: Comparing Future Growth Potential

The 2021 SOL bull run generated over 480% within three months, from 13 August 2021 to 7 November 2021, when SOL made its All-time High (ATH) of $260.06. Solana (SOL) is moving towards the ATH and trades 15% below it.

A pullback is expected, and Solana might retest the trendline since the price surged quickly and is now overbought. Yet, if Solana successfully breaks the immediate resistance at $221, it may retouch the ATH, gaining around 20%.

However, many experts gravitate towards PCHAIN, which is predicted to outshine the historical returns produced by SOL. 

PCHAIN is currently in stage one of the presale, available at $0.004 per token. This price will increase as the presale progresses, reaching $0.011 and $0.023 by the second and third stages. The token is expected to list 8x the current price at $0.032.

Investing in PCHAIN in stage one will produce over 800% returns for those holding the token until the presale ends, potentially flipping a $500 investment to $4,000 within months.

Conclusion

Recently, Solana (SOL) has been performing well after breaking out of consolidation. However, uncertain about the extent of growth, traders are switching to a more promising altcoin, PropiChain (PCHAIN).

PropiChain is a new RWA project that aims to transform the real estate industry. It incorporates blockchain, AI, and the Metaverse to provide users with increased security, transparency, ease of investment, and improved accessibility.

In a recent audit conducted by BlockAudit, PropiChain passed all the security penetration testing and showed no vulnerabilities. The audit guarantees PropiChain's integrity and regulatory compliance.

PCHAIN has already been listed on CoinMarketCap, which shows the project’s commitment to completing milestones ahead of schedule. As the project grows, more developments will follow shortly.

Early participation is essential to maximizing returns, as PCHAIN is set to generate 800% returns for stage one investors by the listing time.

For more information about the PropiChain Presale:

Website: https://propichain.io/

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