Over the last two weeks, the crypto market has been filled with enthusiasm. The biggest reason is the presale launch of Everlodge. Due to its viability and growth prospects, this new project has stirred the entire market, and has raised over $345,000 within two weeks.
On the other hand, projects like Polkadot (DOT) and Cosmos (ATOM) have been trying to gain momentum.
Join the Everlodge presale and win a luxury holiday to the Maldives
Polkadot (DOT) Staking Goes Up
Polkadot (DOT) introduced several developments in recent months, which have started benefiting the network. As per the latest on-chain data, the staking of DOT on the Polkadot network has significantly increased.
Experts believe that Polkadot’s decision, which allowed the unstaking of DOT before the 28-day waiting period, has encouraged more people to stake their tokens. However, investors are still worried about the falling price of Polkadot (DOT).
The market value of Polkadot (DOT) has plummeted by more than 18% in the past 30 days. As a result, the trading price of Polkadot (DOT) has fallen to $4.44.
Cosmos (ATOM) Sees Surge In Development Activity
The Cosmos community has long been in the red zone, as ATOM is continuously losing its market value. On the 30-day price chart, Cosmos (ATOM) is down by more than 18%. Subsequently, the current price of Cosmos (ATOM) has fallen to $7.55.
However, not all looks gloomy for the Cosmos (ATOM) network. As per the latest data from Santiment, the development activity on the Cosmos (ATOM) network has increased by around 30% in the past week.
LunarCrush’s data shows that the bullish sentiments around Cosmos (ATOM) have also increased by more than 42%. This, in turn, can create buying pressure on Cosmos (ATOM).
Everlodge (ELDG) Presale Gets Boost As More Whales Onboard It
Real estate properties are usually in great demand because they give positive and secure returns. Now, think of an opportunity wherein you can own a luxurious villa or vacation stays for just $100. This opportunity is now real, and offered by Everlodge. It is a state-of-the-art Web3 platform that enables users to invest in, and own holiday homes and luxurious hotels.
According to market projections, the size of global vacation rentals can surge to $119 billion by 2030. Therefore, the new blockchain platform is likely to emerge as a blue-chip project in 2023.
On this platform, people can own a luxurious villa for as low as $100. The platform mints NFTs against real estate properties, and fractionalizes them to make them accessible to retail and small investors. Additionally, people who co-own properties can use their NFTs as collateral to obtain a loan. Users will also be allowed to trade their NFTs on the secondary marketplace of the platform, or any ERC20-compatible marketplace.
The platform will be rolling a Launchpad, wherein developers will get an opportunity to raise capital for new projects. Everlodge’s native token is ELDG, which is in its presale. Additionally, the token holders will receive multiple benefits that include discounts on trading fees, and staking rewards. Considering the demand for this project, it can raise $12 million during its presale.
Currently, the purchase price of a token is just $0.01, which will rise to $0.012 next week. However, as per predictions, the token’s market value can explode by 280% during the presale round, and 30x upon launch.
Find out more about the Everlodge (ELDG) Presale