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The adoption of cryptocurrencies is growing due to the increasing popularity of the sector. However, choosing a cryptocurrency to make an investment is a challenging task. Therefore, it is advised to take experts’ opinions.
At present, all experts and investors are bullish about the explosion of Everlodge, a new crypto project. Its ongoing presale phase has already amassed over $335,000 within a few days of its entry into the market.
On the other hand, projects like Ethereum (ETH) and Near Protocol (NEAR) are treading through troubled waters.
Join the Everlodge presale and win a luxury holiday to the Maldives
Near Protocol (NEAR) Witnesses Rise In Development Activity
The last few weeks have been difficult for Near Protocol (NEAR) because the network has been treading in the red zone. The price of Near Protocol (NEAR) has tumbled by around 23% over the past 30 days. Thus, the current trading price of Near Protocol (NEAR) has plunged to $1.17.
Meanwhile, the latest data from Santiment suggests that Near Protocol (NEAR) can make a rebound too. The data showed that the development activity on the Near Protocol (NEAR) network has considerably improved in the past month. However, Near Protocol (NEAR) has witnessed a fall in its NFT activity.
Hype Around Ethereum (ETH) Futures ETF Intensifies
Recent news reports revealed that the US SEC may soon approve Ethereum (ETH) futures Exchange-Traded Fund. Although the news created hype around ETH, Ethereum’s latest market performance has made investors worried.
The latest data from Santiment has shown that the number of new addresses joining the Ethereum (ETH) network has declined to 26,600. However, another report has suggested that US institutional investors are shedding their Ethereum (ETH) tokens. This has caused a decline of 12% in the price of Ethereum (ETH) in the past 30 days.
Currently, Ethereum (ETH) is changing hands at $1675.83.
Everlodge (ELDG) Presale Pumps Bullish Sentiments In Market
Everlodge has revolutionized the real estate market by launching a new blockchain platform to deal with the holiday properties industry. The market size of global vacation rental is likely to surge at a CAGR of 5.80% from 2023 to 2030.
Everlodge will help people own luxury hotels and vacation homes for as low as $100. It will mint non-fungible tokens (NFTs) against real estate properties, and fractionalize them. Ensuring the safety and authenticity of these NFTs, the details of the property, including titles, deeds, and ownership, will be stored in the metadata of the smart contract.
The market value of these NFTs will rely on the property against which they are minted. Therefore, the value is likely to increase over time. The platform’s ecosystem is made up of four elements: Launchpad, Rewards Club, Lending, and Marketplace.
ELDG tokens will power the platform’s ecosystem. There are multiple benefits that token owners will receive, such as staking rewards, discounts on trading fees, and free nightly stays in luxurious villas and hotels partnered with the platform. Additionally, the platform’s liquidity pool will remain locked for 8 years.
The presale of ELDG has begun, and a token is currently available at just $0.01. However, the market value of Everlodge is likely to increase by 280% during the presale round, and 30x upon the launch. Thus, the project is expected to outshine established players like Near Protocol (NEAR) and Ethereum (ETH).
More about the Everlodge Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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