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PropiChain looks to outperform the Cardano price action with a predicted 30,000% ROI.
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The Cardano (ADA) price surged with impressive upward momentum in the recent rally but has slowed over the past two weeks. While Cardano has lost demand, the emerging RWA altcoin PropiChain (PCHAIN) continues to witness increasing investor participation in its presale due to its 30,000% upside potential.
Cardano to breakout from rejection trendline
The Cardano price surged over 300% with the massive rally in November. However, when it reached $1.24, the price encountered a rejection trendline, leading to a consolidation near this resistance.
After a few days, the Cardano price plunged from this region, correcting over 20% to the $0.9 support level. Due to this drop, the price moved below the 10-day SMA line but has since recovered and moved back above it.
In the past few days, the Cardano price has been consolidating just below the resistance trendline, with traders waiting for demand to pick up for a breakout.
PropiChain: Real estate altcoin to rival Cardano
PropiChain is an RWA platform integrated with blockchain, AI, and the Metaverse aiming to eliminate the issues that have long plagued the real estate industry. It seeks to address fraud risks, opaque pricing, and high transaction costs that deter investors from investing in real estate.
PropiChain will divide all properties into fractions and convert them into tokens that users can trade on the
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