Amid the growing uncertainties, Everlodge has brought stability to the market. This is a new project whose presale has made historic growth, and can raise $12 million soon. Moreover, its value has surged more than 20% within a few days of its launch.
Therefore, investors of Cardano (ADA) and ApeCoin (APE) are also restructuring their portfolios to invest in this new cryptocurrency for better gains.
The past few months have been quite challenging for the Cardano (ADA) community. The price trajectory of Cardano (ADA) has been dropping, causing a severe loss to its investors.
Over the past 30 days, the price of Cardano (ADA) has taken a dip of more than 15%. Thus, the trading price of Cardano (ADA) has dipped to $0.26. Therefore, the majority of Cardano (ADA) investors are suffering losses.
The latest data from IntoTheBlock reveals that more than 92% of Cardano (ADA) investors are out of money. Besides, the number of Cardano (ADA) accounts held by whales has also plunged in recent months.
The ecosystem of ApeCoin (APE) has taken a massive blow in recent weeks, causing the project to fall to a new low. In the last week, ApeCoin (APE) became the worst-performing metaverse-based project after its value dropped by 15%.
The bearish sentiments around ApeCoin (APE) are strong, which is visible in the latest event. Recently, an ApeCoin wallet holder dumped all its APE tokens at a loss of about $1.5 million. It implies that investors are not optimistic about ApeCoin’s (APE) revival.
Besides, the profitability of ApeCoin (APE) has also suffered a drop. The data from Santiment shows that the number of ApeCoin (APE) transactions that suffered a loss was more than the profitable ones.
Everlodge (ELDG) Emerges As The Next Big Player
As per a research report, the size of the global vacation rental industry can reach close to $120 billion in the next 7 years. To utilize this growing trend, Everlodge has announced the upcoming launch of a novel, and disruptive blockchain platform.
This new platform will act as a real estate marketplace where users can invest in holiday homes, and luxurious hotels for as low as $100. The platform will mint non-fungible tokens against real estate properties before fractionalizing them into smaller units.
It will allow people to own luxurious holiday real estate properties without taking any undue financial burden. The platform will also rollout a Launchpad, which will help developers raise capital for their new projects. Additionally, people co-owning properties may use their NFTs as collateral to obtain a loan.
Everlodge has adopted ELDG as its native token, whose presale round is undergoing stage 1. At present, a token’s price is $0.012, and will become $0.016 in the next round. However, as per market projections, the new platform’s value can surge by 280% during the presale round, and 3,000% upon launch. The tokens will offer many benefits to their owners, like discounts, giveaways, and many more.
One can also generate a passive income by staking their tokens to receive a monthly interest. Besides, the platform will put a lock-in period of 2 years for the team tokens, and 8 years for the liquidity pool to eliminate any rug pull.
Find out more about the Everlodge (ELDG) Presale
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