As Everlodge (ELDG) Soars, Litecoin (LTC) and Tezos (XTZ) Seek Shelter in its Rally

Mobile in front of a tunnel lit with golden colour with Everlodge coins in picture

Image: Everlodge

Amidst the soaring Everlodge (ELDG) rally, established cryptocurrencies like Litecoin (LTC) and Tezos (XTZ) are finding some semblance of shelter. Notably, Everlodge is currently in its presale phase, which makes this compelling rally all the more intriguing and further piques the interest of investors and market watchers alike.

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Everlodge (ELDG): The Impressive Rise from $0.010 to $0.018

Central to Everlodge’s explosive trajectory is its revolutionary proposition in the real estate sector. By championing a decentralized co-ownership model, Everlodge is dismantling traditional barriers.

Everlodge’s groundbreaking strategy of converting properties into divisible NFTs allows investors to grab a slice of luxury real estate, a game-changer in democratising access to upscale properties.

Everlodge’s presale has been nothing short of phenomenal. Initiated at $0.010, ELDG’s token value swiftly catapulted to $0.018 within a short span. As whispers grow about an even more substantial surge of 30x post-launch, it’s little wonder that Litecoin and Tezos investors are keenly eyeing this opportunity.

Everlodge stands firm on its three foundational pillars—decentralisation, frictionless transactions, and unparalleled transparency. The melding of NFT technology with real estate ensures each token holder reaps the benefits of property appreciation while maintaining liquidity.

Diving deeper into the Everlodge ecosystem reveals a multifaceted platform. With offerings like the Rewards Club, Lending Mechanisms, and a Developer Launchpad, Everlodge is charting a course that extends beyond property investments, providing users with a comprehensive financial suite.

Analysts closely watch Everlodge’s moves, anticipating its potential impact on the staggering $280 trillion real estate market. If Everlodge can carve even a modest niche in this space, the repercussions for ELDG’s value could be monumental—a sentiment drawing Litecoin and Tezos enthusiasts towards this burgeoning project.

Tezos (XTZ): A Descending Triangle Pattern and Significant Support at $0.68

Tezos is known for its innovative governance model and impressive market capitalization of $7.2 billion after its ICO. However, the Tezos price has dropped from $9.18 to $0.6782, solidifying its position as one of the market’s underperforming assets.

Tezos’ current predicament is centred around a noticeable slack in development. While platforms like Ethereum have persistently evolved, Tezos has fallen behind the curve. This is evident by its Total Value Locked (TVL) of $49 million, which paints a stark picture of eroded confidence and shrinking relevance of the Tezos blockchain.

Tezos’ price trajectory shows a discernible descending triangle pattern with a strong support level at $0.68. The triangle is projected to reach its apex in October. Losing this level (the current price of Tezos) may see the price fall to $0.40 — a price not seen for four years.

Tezos has struggled to meet expectations and overcome its historical baggage, while newer projects without such constraints have made capturing the crypto community’s attention easier. Everlodge shows promising signs of innovation and adoption, prompting many investors to look away from Tezos and towards ELDG.

Litecoin (LTC): Battling to Maintain Significance Amidst the Everlodge (ELDG) Surge

Litecoin is the fifteenth-largest cryptocurrency, with a market capitalization of $5 billion. Litecoin entered the market in 2011 and has been fighting for relevance ever since despite its many advantages, such as low transaction fees and fast speed.

The 2023 halving event for Litecoin encapsulated this dwindling enthusiasm. Leading up to the halving in August 2023, Litecoin witnessed a bullish run, moving from $65 to an impressive $114. However, its trajectory took a downturn post-halving, plunging below its pre-halving level to touch a concerning low of $58.

Currently hovering around $67.91, Litecoin’s lackluster performance post-halving indicates a shift in trader sentiment. Many traders set their sights elsewhere as Litecoin lacks a compelling narrative before the next halving cycle.

While Litecoin and Tezos have undoubtedly made their mark in the crypto world, the allure of emerging projects like Everlodge, brimming with innovation and disruptive potential, is undeniable.

Market analysts closely watch two pivotal price points: $50 and $75. Should Litecoin slip beneath the $50 threshold, it could spiral toward the $25 mark. Conversely, breaching the $75 barrier could set the stage for a Litecoin rally to its 2023 peak of $114.

Find out more about the Everlodge (ELDG) Presale




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

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