Cryptocurrency is synonymous with the potential of 100x returns, but it’s not easy to spot the next big winner. In this article, we’ll explore one such opportunity: Everlodge (ELDG). This new crypto asset is currently in a presale phase that’s attracting huge investment from the likes of Render (RNDR) and Decentraland (LAND). Let’s take a closer look.
Everlodge is redefining the real estate landscape by crafting a novel hybrid model for co-owning properties. Utilizing NFT technology, they’re making property investment accessible to all, starting at just $100.
Here’s a glimpse into the mechanics of Everlodge. It begins with the selection of properties like opulent villas and hotels, which are then digitized and encapsulated into NFTs. Each NFT is subsequently divided into fractional units, making property ownership a democratic affair.
Consider a $3 million villa, for instance. Everlodge can dissect it into 30,000 individual units, with each fragment costing $100. As the tangible property’s value appreciates, so does the worth of these digital NFT units. It’s a symbiotic relationship that illustrates the direct link between the real-world asset’s value and its digital counterpart.
Within the Everlodge ecosystem, the ELDG token serves as more than just currency. Holders of ELDG enjoy privileges like reduced trading and maintenance expenses, and they can even stake their tokens for a fixed monthly interest. This unique feature turns ELDG into a source of passive income.
The current low token price of $0.01 during phase-1 of the presale creates a lucrative gateway for early birds. Those who acquire the last remaining tokens are positioned to reap enormous rewards in the future as Everlodge launches and tackles the $280 trillion global real estate market.
Experts and analysts are buoyant about the future of Everlodge. Predictions point towards a 280% ascent in the token’s price during the presale phase, followed by a jaw-dropping 30-fold escalation when the token reaches top-tier exchanges later in the year.
Render serves as the utility token within the Render Network, a decentralized platform for 3D rendering. Though it offers a different take on the $2.80 billion rendering market, the financial performance of Render has been less than promising.
After a brief uptrend that saw Render reach a peak of $2.60 on April 28th, 2023, up from $0.40 at the year’s start, the token has faced a swift decline. As of now, Render is trading at $1.68 following a sharp and concerning sell-off in recent weeks.
This decline becomes even more pronounced when comparing Render’s current value to its all-time high of $8.76. With the token still languishing 80% below this peak, it is hard for Render holders to ignore the 100x growth potential of Everlodge.
The crypto market thrives off of hype, and Render had its fair share of it. Now, as the hype has died down and prices stagnate, the momentum is shifting to Everlodge with each passing day.
Enter Decentraland, a virtual world where the lines between gaming and reality blur. Here, plots of virtual land can be yours. Develop sprawling digital parks, lease them, sell them, or monetize them in other inventive ways.
The promise of being both a creator and a virtual real estate tycoon took the Decentraland price to a height of $1111 in 2021. Even Apple started showing interest in the potential of 3D digital platforms, and Decentraland was part of the mix.
However, this early Decentraland hype never took off, as the platform didn’t become widely adopted. The lack of adoption has seen prices tumble, and Decentraland is now trading for just $0.36 – a 94% drop from its all-time high.
Like Render, Decentraland holders are now looking to the promise of 100x growth with Everlodge. The project’s plans are ambitious, but if they can deliver on their promises this could be the next big crypto success story.
Find out more about the Everlodge (ELDG) Presale
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website.