The Jetshare protocol, a leading crypto built on the Binance Smart Chain, has joined the pool of cryptocurrencies that provide people with financial freedom (BSC). Jetshare has assembled an experienced team of aviation specialists and technical developers to assist in delivering a first-rate project for the community.
However, JETT$ will face some challenges from several market competitors, such as well tokens like Ethereum (ETH) and Aave (AAVE).
Ethereum (ETH) struggles to rise above $1,600
The price of Ethereum began to rise steadily above the $1,600 pivot level. ETH attempted another upside break above the $1,640 resistance zone, but the bears thwarted further gains.
The decentralised open-source blockchain platform Ethereum has its coin called Ether. ETH serves as both a framework for the execution of decentralised smart contracts and a host of other cryptocurrencies.
The price of ETH began to decline after a peak near $1,639 was achieved. The 100 hourly simple moving average and the $1,600 level were both moved lower. In the most recent leg, from the $1,518 swing low to the $1,639 high, the price fell below the 50% Fibonacci retracement level.
The price of Ether is currently trading beneath the 100 hourly simple moving average and $1,600. Near the $1,590 mark, there is immediate resistance. However, the problems won’t end there. If Ethereum fails to break through the $1,600 barrier, it may continue to fall. On the downside, initial support is near the $1,550 level or the triangle lower trend line.
Here are several ways Jetshare (JETT$) can be beneficial for investors
The Jetshare (JETT$) token, the first of its type to join the cryptocurrency market, promises to offer a once-in-a-lifetime opportunity to disrupt the closed and hidden world of luxury private Jets to investors seeking a secure investment. The protocol makes it possible for crypto aficionados and aviation buffs to invest in a fraction of an NFT that is backed by a real aeroplane and profit from its commercial use. The majority of the planes on the Jetshare marketplace are privately owned, and the others are from Jetshare’s fleet. The site is used by private owners to discover new revenue streams for their Jets.
Jetshare token holders will have access to free sightseeing flights and Aviator flight hours, smart NFTs, discounted private Jet charters, flying lessons and many more benefits. Holders can utilise JETT$ tokens in several ways, including payment for booking Jet charters from third-party companies, access to worldwide private jet events and for goods at private airport terminals worldwide.
When taking a side-by-side look at Jetshare (JETT$) with the #2 market leading token, Ethereum, and DeFi lending token Aave, it is fair to say that Jetshare brings a touch of uniqueness to the crypto market. Alongside introducing the $30 billion jet market at the fingertips of its investors. Visit https://jetshare.io/ for more info and to support.
What does the third iteration mean for the Aave (AAVE) platform?
Aave is a decentralised financial protocol that enables cryptocurrency lending and borrowing. Lenders make money by depositing digital assets into specially designed liquidity pools. Using this liquidity, borrowers can then take out fast loans by using their cryptocurrency as collateral.
Following a successful DAO vote, DeFi lending platform Aave is prepared to release the third iteration of its protocol on Ethereum.
The seven assets, including wrapped bitcoin, wrapped Ether, wrapped staked Ether, USDC, DAI, link, and AAVE, will be supported when Aave v3 on Ethereum launches. DeFi risk manager Chaos Labs suggested these investments. Earlier in January, the Aave DAO approved Chaos Labs’ risk-off strategy for the launch of Aave v3 on Ethereum.
All asset prices, with the exception of wrapped bitcoin and wrapped staked Ether, will be obtained straight from a Chainlink feed. Chainlink is an oracle protocol that supplies data to smart contract protocols, including price feeds.