With the recent decrease in the weekly performance of the ApeCoin (APE) and Theta Network (THETA) cryptocurrencies, investors have begun to look for ways in which they can diversify. Out of the many altcoins available, the hybrid property co-ownership platform known as Everlodge can disrupt the real estate market and has already appealed to many investors.
- ApeCoin has been down on the weekly chart by 8.3%
- Theta Network crypto has decreased by 8% and is heading lower
- Analysts believe Everlodge will disrupt the real estate market and surge by 30x
ApeCoin (APE) holders have expressed a downward trend during the previous weeks. The ApeCoin DAO has come under a lot of scrutiny after it was revealed that the leadership board has drawn a six-figure salary on an annual level. The ApeCoin crypto DAO’s governing members had a salary of $75,000 per month.
After this news went public, the ApeCoin price witnessed a sudden downfall in social metrics. In addition, the exchange rate of the ApeCoin crypto also dipped. As of August 2, 2023, ApeCoin trades at $1.81.
In addition, its weekly low point was at $1.77, with its high point at $2.02. During the past 14 days, ApeCoin has been down 12.5%, with its weekly decrease being at 8.3%. According to the ApeCoin price prediction, it can increase to $2.05 by the end of the year.
The Theta Network (THETA)’s price has seen an 8% decrease on the weekly scale and has decreased by 46% year-to-date. As a result, many investors and analysts are now looking at the future potential this altcoin has and if it’s worth holding onto their balances.
The current Theta Network price is $0.7629. It has a market cap of $762,881,250 and a 24-hour trading volume of $13,149,280. Moreover, the Theta Network crypto saw its low weekly point at $0.759123, with its high point at $0.832094.
As a result, many turned to the Theta Network price prediction, where analysts estimate that the crypto has the potential to surge to $1.07 by the end of the year. As a result, many have begun to diversify to projects such as Everlodge for more significant gains.
Everlodge (ELDG) To Disrupt Real Estate Market
The Everlodge project will completely change the way the average person enters the real estate market. Traditionally, every person needed to put down a large upfront capital or get a mortgage to afford further real-estate purchases.
All of this will change through Everlodge. As it will establish a marketplace where anyone can fractionally invest in hotels, vacation homes, and luxury villas on top of a blockchain.
Subsequently, it will establish the world’s first company that combines fractional home ownership with timeshare and NFT technology.
Moreover, this means that instead of needing, for example, $3 million to buy an entire home, a person could just buy a fraction worth $100. If the price of that home increases by 20%, so will the value of the nFT.
In addition, each user will be able to co-own these homes and generate passive income. The launchpad will also allow developers to raise capital from the community, while users will benefit from getting early access to projects for high ROI.
The ELDG token plays a major role in this ecosystem. Holders will receive discounts on property purchases within the marketplace and will be able to use the token as a payment currency. Holders will also get discounts on trading and maintenance fees. At the early presale stage, the token trades at just $0.01.
The token is expected to surge by 280% during the presale and by 30x on launch day. In addition, Everlodge will raise $12 million in total during the presale and will launch on Uniswap and other Tier-1 exchanges.
Find out more about the Everlodge (ELDG) Presale
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