Toncoin’s Position Deteriorates After Rally
From August, Toncoin has been showing strong performance. It managed to briefly secure a place in the top 10 cryptocurrencies. Thanks to the integration of the TON wallet by Telegram and partnerships with Tencent Cloud and Chainbase, the price of TON peaked at $2.6 in mid-September. However, it has now dropped to $2.10, losing momentum but still holding above the $2.00 support. The price is expected to surpass $3 by the end of the year.
THORChain Consolidates as TVL Grows
Similar to Toncoin, THORChain’s RUNE also experienced a significant rise in August. Although the price has stabilized at $1.70-$1.75, the total value locked on the network has increased. With the number of swappers on the network also increasing, the fundamental analysis suggests a continued rally, with the potential to hit $1.98 in the near future.
Everlodge Revolutionizes Real Estate Market
With a market value of over $280 trillion, the real estate industry has been relatively inaccessible due to high costs and complexities. Everlodge aims to change this with its blockchain marketplace, offering fractional investing in vacation rentals. By digitizing titles, deeds, and ownership records into NFTs, the platform will make real estate investment more accessible. This innovative approach could potentially attract millions of new investors to the real estate market, with Everlodge projected to surge to $0.5 this year from its current $0.025 price.
Hot Take: Everlodge’s Potential to Disrupt the Real Estate Market
While the Toncoin and THORChain have faced setbacks after rallying, Everlodge has emerged as an exciting prospect, aiming to transform the real estate industry. With the ability to make real estate investment available to a wider audience, Everlodge’s innovative approach has attracted bullish investors. Its potential to rally to $0.5 this year showcases its promising position in the market and underscores the growing interest in blockchain-based solutions for real estate investment.