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The crypto market is constantly evolving, with new, exciting developments daily. Recently, Uniswap (UNI), PancakeSwap (CAKE), and Everlodge (ELDG) have all made headlines with achieving milestones and deflation. Be it reaching new heights, burning tokens, or price increases – these developments are causing heads to turn their way. Keep reading this article, as it will take a closer look into why.
Uniswap (UNI): Over 200M Transactions and Counting
Uniswap (UNI) has achieved a remarkable milestone that shows its significance in the DeFi space. The Uniswap exchange recently surpassed 200M total transactions, marking a momentous occasion in its journey. This achievement showcases not only the popularity of Uniswap but also the increasing adoption of DEXs for crypto trading.
With this milestone, Uniswap cements its position as a cornerstone of the DeFi ecosystem, becoming a model for DEXs worldwide. As Uniswap continues to evolve and more transactions occur, experts are optimistic about its price potential.
Forecasts suggest that the Uniswap price could surge to $8.44 by December 2023. Thus, making it an intriguing token for those seeking growth in the DeFi sector.
PancakeSwap (CAKE): A Deflationary Move
PancakeSwap (CAKE) has taken a significant step towards enhancing its token’s value and deflationary characteristics. The PancakeSwap exchange recently conducted a token burn event in which a staggering 8M CAKE tokens were permanently removed from circulation. This move aims to reduce the token’s supply, increasing scarcity and potentially boosting its price.
Additionally, the addition of Transak as a provider within the PancakeSwap platform has expanded its utility for users. In response to this positive development, the PancakeSwap price experienced a modest uptick from $1.14 to $1.16.
Due to all these reasons, market analysts anticipate that PancakeSwap could trade at $1.96 within the fourth quarter of 2023.
Everlodge (ELDG): Price Surges Once More
Everlodge (ELDG), an emerging crypto and real estate player, continues to make waves in the market with its recent price surge. While the crypto market is known for its volatility, Everlodge has demonstrated remarkable resilience and growth potential. Recently, the ELDG native token reached Stage 4 of its presale, rising by 90% from its starting value.
The Everlodge ecosystem is designed to address various challenges in the real estate market, offering innovative solutions that benefit everyone. By tokenizing properties and minting them as NFTs, Everlodge democratizes access to real estate investment. This innovative approach enables individuals to purchase fractions for as low as $100.
As a result, Everlodge will break down the financial barriers that have traditionally restricted real estate investment to the wealthy. As the value of the underlying property appreciates, so will the NFT’s value. Thus offering a flexible way for a broader range of investors to potentially benefit from its growth.
Currently, the ELDG native token is worth just $0.019. Moreover, its long-term growth potential is outstanding thanks to its real-world ties to the hospitality industry (worth over $4.548T). Therefore, experts foresee ELDG soaring by 280% before its presale ends. Some analysts even claim it could surge faster than Uniswap and PancakeSwap due to its low market cap.
About the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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