A cryptocurrency token on the Ethereum blockchain, YieldStone has been taking the digital asset and real estate investment world by storm. YieldStone envisions a change in the way that people can invest in real estate by leveraging blockchain technology to bridging the divide between land records and its investment.
At present, YieldStone (YIELD) is trading at $0.07278 (0.21%) in the past 24 hours which translates to an increase of 7.15%. Currently token ranks #3268 on the cryptocurrency market with a market cap of $7.28 million. By assuming this circulating supply as 100 million YIELD tokens that is also the total and maximum supply of the token, this figure can be derived.
YieldStone has trading volume of $247,412.08, which is an increase of 46.37% over the last day. The fact that this surge in trading activity implies growing interest and liquidity for the token really becomes evident. At the moment, according to one important metric that measures the trading and liquidity of a cryptocurrency in line with its size (the volume to market cap ratio), the ratio is currently sitting at 3.40%.
Additionally, $7.28 million is YieldStone’s fully diluted market cap, including the total supply of tokens. The circulating supply of this token is currently equal to its maximum supply and this figure suggests that the token’s maximum supply is completely transparent with no further token inflation left in the future.
YieldStone is very different to other cryptocurrencies in that it focuses on the real estate industry. YieldStone is utilising blockchain tech in an effort to make real estate investment more accessible and efficient. This has the potential to democratise property investment and generally to extend access to real estate markets which have historically been out of reach for many.
Real estate investment with blockchain technology has pros. It can offer increased property transaction transparency, reduce intermediary cost, and permit fractional ownership of a property. These characteristics allow investors to deploy less capital to diversify their real estate portfolio and could provide new opportunities.
As common with many digital assets, YieldStone’s performance in the cryptocurrency market has been volatile. Last year, the token has had a meteoric ride, with both good and bad news. For example, YieldStone has seen its all time high at $0.442 on August 23, 2024 which suggests massive returns are possible. Like many cryptocurrencies, it has also gone through some decline, with the current price a stark decline from peak.
The fluctuations in price did not affect the presence of YieldStone in the cryptocurrency ecosystem. So it is listed on any major currency exchanges for easy trading and liquidity. By being on these platforms, the token is more visible and accessible to investors who want to explore real estate space in the intersection of blockchain technology.
While YieldStone team has been promoting project through Telegram and Twitter (X) actively at the moment. However, building trust and adding new investors to the platform, this community engagement is crucial. Yieldstone.io is the official project website to learn more about the token and it’s backend technology.
Of course, as with any cryptocurrency investment, it’s important for potential investors to do their homework and understand the risks. It is no secret that the cryptocurrency market is a volatile place, and prices can jump drastically in a short space of time. In regards to the regulatory landscape for cryptocurrencies (and particularly those used to purchase real estate), the world of projects such as YieldStone is not yet fully developed, and things can change.
If YieldStone is able to deliver on its promises of revolutionising real estate investment through blockchain technology, its success looking ahead will hinge on its ability to do so. More investors could be brought up onto the project if the project can successfully bridge that gap between the traditional property markets and the digital asset space.
YieldStone’s position in this niche makes it a part of the concept of tokenizing real estate assets which is catching on in the broader financial industry. Because investors are looking for alternative ways to diversify their portfolio and get exposure to real estate markets, YieldStone may grow rapidly.
At the same time, we believe YieldStone represents an interesting aspect of the cryptocurrency space, as it uses the blockchain to create a real estate investment. While the project already has a good current position and price performance, in terms of a long term success it will be riding on how the project will be able to execute its vision and navigate through the difficulties of the cryptocurrency market and real estate market. With such a rapidly changing digital asset landscape, users of blockchain and property investment will be wanting to keep an eye out for YieldStone’s progress.
