Everlodge Emerges as Competition to Bitcoin and Ethereum
A new project called Everlodge is gaining traction as a competitor to Bitcoin (BTC) and Ethereum (ETH). During its presale round, the ELDG tokens are being sold and the project has seen significant growth.
Bitcoin Faces Profit-Taking Pressure
Bitcoin recently reached $45,000, but some investors are looking to lock in profits. Despite a 150% rally this year, there is speculation that Bitcoin may reverse its course in the coming weeks. As a result, some investors are selling their Bitcoin tokens, causing a 6% decline over the past week. However, the market quickly absorbed the sell-off and Bitcoin is now trading around $43K.
Enjin Transfers NFTs from Ethereum to Its Own Blockchain
Enjin’s decision to move 200 million NFTs from Ethereum to its own network has impacted the Ethereum network. While Ethereum remains the base blockchain for many NFTs, Enjin’s departure could affect transaction volume. This comes at a time when the crypto market is consolidating.
Everlodge Shines in Presale Stage Eight
The vacation rental industry is booming, and Everlodge aims to make it more attractive through its blockchain platform. By investing as little as $100, users can own a fraction of luxurious vacation homes. The platform plans to create fractionalized non-fungible tokens (NFTs) linked to real estate assets, allowing multiple people to own a share of the same property. The platform has also implemented measures to prevent rug pulls by locking liquidity pool and team tokens for several years. The native token of Everlodge, ELDG, has seen a 170% increase in price during the presale.
Hot Take: Everlodge Disrupts the Vacation Rental Industry
Everlodge is disrupting the vacation rental industry by leveraging blockchain technology and fractional ownership. By offering affordable access to luxurious properties, it aims to revolutionize the way people experience vacations. With its focus on transparency and partnerships with reputable realtors and hotel chains, Everlodge has positioned itself as a promising player in the market. The ongoing presale success and significant price increase of ELDG tokens indicate strong investor interest in this innovative project. As the vacation rental industry continues to thrive, Everlodge has the potential to reshape the way people invest in and enjoy their vacation homes.
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