The crypto market is currently on a roller coaster ride. But analysts are optimistic that the market is heading for a new all-time high.
The next bullish frenzy is expected to start around the second half of 2024.
Strategic investors are thinking beyond BTC, ETH, SOL and XRP this time. While large-cap coins are saturated, new meme coins offer plenty of room for returns.
The growing traffic to Dream Cars ($DCARS) the pre-sale reflects this trend. Here is an analysis of why the new cryptocurrency is trending.
1. Dreamcars makes luxury cars accessible to everyone
Dreamcars is a new blockchain project that makes luxury car ownership accessible to everyone. It revitalizes the NFT market, currently flooded with pretentious and low-quality artwork. Result: the market stagnates.
NFTs can do so much more, as projects like Dreamcars show.
Dreamcars offers fractional NFTs backed by physical cars, parked in one of the project's rental showrooms. They earn monthly rewards from the rental income generated by the attached physical car.
While luxury cars cost a fortune, Dreamcars is making them more accessible through blockchain tokenization and splitting. Fractional NFTs start at just $10.
Although NFT investors cannot move into these vehicles, they can use them as a great passive crypto income opportunity. Token holders can easily trade these NFTs on the Dreamcars Marketplace or other external platforms.
Liquidity is one of the main attractions of Dreamcars. Traditional auto transactions can take weeks or even months to buy and sell. Trading fractional NFTs requires just a few clicks. The hassle-free process is streamlined.
It would not be an exaggeration to say that Dreamcars ($DCARS) is revolutionizing the luxury car market.
2. Fluid, transparent and reliable
NFTs are often seen as mere status symbols for the wealthy. And luxury cars too.
But they have more to offer than meets the eye.
Using blockchain technology, Dreamcars allows individuals to own fractions of luxury cars and earn rental income.
How it works? We'll take a look.
Dreamcars manages a diverse fleet of fully insured luxury vehicles like Mercedes-Benz, Porsche, Bentley, Rolls-Royce, Ferrari, Lamborghini and others.
THE Dream cars A team of industry experts sources luxury cars from reputed dealerships. Each NFT is directly linked to the purchase contract of the corresponding car.
Only vehicles with valid insurance, warranties and impeccable maintenance records are considered. All information about the car and its ownership is then added to the NFT metadata. It is publicly available on the blockchain for anyone to view and verify.
Fractionalized NFTs are listed on the Dreamcars NFT Marketplace and the underlying cars are available for rental in Dreamcars' physical showrooms.
The conventional burdens of owning a luxury car are removed. This includes substantial upfront costs, ongoing maintenance, and concerns about depreciation. Additionally, the Dreamcars team handles maintenance tasks and secures customers for rentals. NFTs therefore constitute an excellent passive income with an active economic model.
3. Monthly rental income, 60% APY
The potential annual yields (APY) of Dreamcars NFTs can reach 60%. There are also plans to introduce a lending protocol, which will allow users to use their car-backed NFTs as collateral for loans. This will further fuel demand for the token.
The first luxury car to enter the Dreamcars fleet is a black Lamborghini Urus. All safety and regulatory standards are ensured. The fleet will gradually expand to include more sought-after models over the coming months. Monthly rental income will provide consistent cash flow to NFT holders.
Investors looking for a low-risk source of passive income will also find Dreamcars suitable.
Since fractionalized NFTs are profitable, investors can diversify their portfolios by acquiring shares of different luxury cars on a small budget. Diversification mitigates risk to a large extent.
How to buy Dreamcars NFTs?
Dreamcars NFTs are not yet available for purchase. Investors will need $DCARS tokens to purchase the NFTs.
$DCARS tokens are now in pre-sale phase at discounted prices. The $DCARS smart contract has undergone an extensive security audit by Solidproof, eliminating vulnerabilities and susceptibility to hacks.
Due to their highly market-relevant utility and application, the tokens appear promising for turbocharged price action on their exchange listings.
The listing price of $DCARS after the presale is expected to be 285% higher than the current presale price of $0.0105.
The difference leaves room for substantial potential returns for early supporters from the start. The momentum from pre-sales is expected to further boost the token's popularity in the weeks following the first exchange listings.
However, Dreamcars is designed to be a long-term investment. The actual application of the token makes it an event not to be missed this year.