By Guest Writer • Published: 24 Aug 2023 • 10:00
Image: Everlodge
August has ushered in a new phase in the cryptocurrency market, with Everlodge (ELDG), Sei (SEI), and Hedera (HBAR) making significant strides. Most notable is the Everlodge presale, which has raised over $250k in just a few days. Let’s take a deeper look into what makes these three cryptocurrencies so attractive to investors.
Everlodge is revolutionising the realm of real estate by introducing a unique shared property ownership model, leveraging NFT technology, and offering investment thresholds as accessible as $100.
This innovative approach demystifies luxury vacation properties. No longer do individuals have to purchase an entire property to enjoy its amenities. Now, everyone can join in the ownership of a property and benefit from it, even those with limited budgets.
To understand its modus operandi, Everlodge cherry-picks premium real estate assets, transmuting them into digital tokens or NFTs. These digital assets are then fragmented and distributed among a plethora of investors, each holding a distinct piece of the property pie.
The ELDG token is the heartbeat of Everlodge’s intricate ecosystem. More than just a medium for transactions, it bestows its holders with rewards such as reduced trading and maintenance charges. Moreover, staking ELDG tokens unveils a steady monthly return, serving as a continuous income stream.
The buzz in industry circles around Everlodge, especially during its presale stage, stems from two primary factors. First, the appealing $0.01 price tag for ELDG tokens during the presale presents a rare prospect for early adopters. With the anticipated growth trajectory of the platform and its native token, this minimal investment might yield significant returns.
Additionally, Everlodge’s trailblazing fusion of NFTs and real estate presents a landmark transformation in the gargantuan $280 trillion real estate market. If Everlodge captures even a modest slice of this market, the potential upside for ELDG token stakeholders is bound to be substantial.
Optimism, with its hallmark optimistic rollups, has carved a niche for itself in the Ethereum layer-2 solutions arena. Its recent alliance with crypto titan Coinbase catalysed a remarkable 40% surge to $2.38 in a single day.
However, in the wake of Bitcoin’s descent below the $26,000 mark, Optimism momentarily dipped to $1.20. Yet, Optimism has displayed resilience by climbing back to $1.60 a the time of writing. This rapid recovery underpins the notion that despite a general market downturn, investors still believe in the long-term prospects of Optimism.
An interesting metric to observe is Optimism’s surpassing of Arbitrum in daily transaction counts. This development underscores the increasing affinity towards Optimistic rollups as a trusted mechanism to bolster Ethereum’s scalability. Early birds to this technology might just have the windfall to look forward too.
But it’s not all smooth sailing for Optimism. With over five contenders in the layer-2 space vying for dominance, there’s a ceiling on just how much its price can soar. In contrast, Everlodge is the only player in its highly innovative niche and is thus not subject to this limitation.
The Sei Network is finally here! On its debut at Binance, the Sei token started trading at a modest $0.064. However, Sei rapidly soared to touch a peak of $0.48 before slipping to a current value of $0.15.
On the same day, Sei unveiled the beta iteration of its mainnet. Impressively, Sei’s blockchain, in its alpha testing phase, chalked up an astounding 400 million transactions, with the creation of 7.5 million trial wallets to boot.
Harnessing the capabilities of the Cosmos software development kit, Sei is poised to supercharge the trading prowess of decentralised exchanges (DEXs). Sei brandishes an avant-garde matching engine and incorporates specialised tools to safeguard against potential order front-running exploits.
As we move closer to the culmination of the year, the crypto realm can set its sights on the rollout of 30 distinct applications under Sei’s banner. It’s also noteworthy that SushiSwap is preparing to introduce a perpetual futures exchange with the help of Sei’s framework.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Sponsored
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.