After a sharp decline in the price of Cosmos (ATOM) and Axie Infinity (AXS), the tokens appear to be consolidating. Meanwhile, Everlodge continues to cause ripples in the crypto world with its groundbreaking concept. This post will delve into these developments, including why Everlodge appears poised for adoption.
- The struggle between the bears and bulls continues, with Cosmos in a consolidation phase
- Axie Infinity stabilizes after recent decline
- Everlodge introduces a novel idea on the blockchain, making it poised for adoption
Cosmos (ATOM) is known in the crypto landscape for the blockchain-related challenges it solves. These problems include speed, cost, and scalability. Meanwhile, through an ecosystem of connected blockchains, Cosmos offers solutions to these challenges.
However, the previous week was bearish for Cosmos, which experienced a substantial price decline. Nevertheless, it appears to be in consolidation, which highlights a near-balance in market dynamics.
With its next price movement dependent on either the bulls or bears gaining a competitive edge, the coming days won’t be short of excitement. Hence, Cosmos can either be in red or green.
Axie Infinity (AXS) is known for its play-to-earn gaming model. As a blockchain-based game, it allows players to collect, breed, raise, and battle Axies. These token-based creatures, Axies, can take various forms, with more than 500 different body parts available.
After recently experiencing a notable decline, Axie Infinity is experiencing consolidation. This period of stabilization often follows significant price fluctuations, although it is uncertain if Axie Infinity will follow a bullish or bearish path.
Nonetheless, investors are closely monitoring the charts to gain insight into Axie Infinity’s next movement. Moreover, sentiment will play a critical role in its next price direction.
Defying broader market trends and the bearishness around Cosmos and Axie Infinity, Everlodge (ELDG) continues its upward trajectory. Its groundbreaking concept, which lies at the intersection between blockchain and real estate, is the primary catalyst for its upswing and growth.
While currently in presale stage 2, there has been massive support and participation thanks to its novel concept.Its upcoming blockchain-based property marketplace aims to revolutionize the real estate industry.
Here, users can fractionally invest in vacation homes, hotels, and luxury villas. It further stands out for being the first to combine fractional vacation home ownership with NFT and timeshare.
To democratize access to the blockchain industry, it introduces fractional ownership via NFTs. This works when digitized real-world properties are minted and tokenized as NFTs, which are then fractionalized. With this, members can co-own luxury homes for as little as $100.
Furthermore, its upcoming timeshare will give token holders the right to use a property as a holiday home. Members can earn free nightly stays across all properties in the ecosystem, which can also be resold to generate passive income.
This innovative concept puts it on the verge of massive adoption, which experts believe will push its price up. From its current price of $0.016, experts forecast an increase of 30x in the coming months.
Find out more about the Everlodge (ELDG) Presale
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