Bulls Are All In For Everlodge (ELDG), Why Are Litecoin (LTC) And Polygon (MATIC) Struggling To Attract Investors?

Share This Post


Crypto investors have a lot of hope for the last quarter of 2023. They believe that the market can take a bullish turn in the upcoming weeks. A major factor behind their belief is the presale success of Everlodge.

This new project has received overwhelming support from bulls and experts. It promises a massive ROI to its early investors. On the contrary, Litecoin (LTC) and Polygon (MATIC) are faced with market challenges.

Join the Everlodge presale and win a luxury holiday to the Maldives

Long-term Litecoin (LTC) Holders Increase

Last month, the Litecoin (LTC) network underwent its third halving event. Since then, Litecoin has been able to post some convincing performances. As per the latest data, the number of long-term Litecoin holders has crossed the mark of 5 million. This shows that investors’ confidence in Litecoin is growing.

However, the price chart of Litecoin tells another story. In the last thirty days, the price of Litecoin has dropped by more than 2%. Consequently, the current trading price of Litecoin is $65.02. Experts believe that the impact of an increase in long-term holders will take some time to support Litecoin’s price.

Polygon’s (MATIC) NFT Space Expands

The Polygon (MATIC) ecosystem has received a big push in the launch of Pokémon NFTs. This has come at a time when Polygon is suffering a drop in price tables. Polygon’s trading price has dipped by 4.5% in the past month. Thus, Polygon currently trades at $0.52.

Recently, the developer of the NFT collection, Courtyard, completed two phases of the sales of Pokemon Cards on Polygon. Notably, the floor price of the NFTs soared by 10x, generating hype around the Polygon blockchain.

Recently, Polygon was able to surpass Solana in NFT trading. However, how far Polygon can go with this push is yet to be seen.

Everlodge (ELDG) Projected For 3000% Growth

According to the research, the total market size of the real estate sector is expected to grow to $4,923 billion in the next eight years. In order to take advantage of this growth potential, Everlodge has launched a new project in the market.

It brings a new business model to the crypto world. It will introduce a Web3 platform that combines holiday home ownership with blockchain technology. Through this platform, users can fractionally own vacation stays, hotels, and luxury homes for only $100.

The platform will create Non-Fungible Tokens (NFTs) against the physical real estate assets. So, multiple investors can co-own the same property. The platform will associate with only renowned hotel, and real estate developers to identify the best properties for its ecosystem.

 

The USP of the platform is that the value of its NFTs is reliant on real estate properties. So, their market price will increase over time. According to the project developers, the platform will put a lock-in period of eight years for its liquidity pool to prevent any pull-outs. Moreover, team tokens will be locked for two years.

Its presale is live, and more than 40% of its stage 3 is sold out. The price of one ELDG token has gone up to $0.018. This is an 80% jump from the original price of $0.01. Meanwhile, market experts are predicting that the tokens will soar by at least 280% during the presale phase, and a whopping 3000% at the launch.

Find out more about the Everlodge (ELDG) Presale

Website:

Telegram:

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 



spot_img

Related Posts

Trump wants Paul Atkins to lead SEC but he is reluctant...

0
President-elect Donald Trump’s rumored frontrunner for the SEC chair position, Paul Atkins, is reportedly reluctant to take on the role due to the...