In recent days, there has been a lot of buzz around a new project, Everlodge. This new project has mesmerized investors, and experts with its massive growth potential. Analysts have forecasted this project to grow by at least 30x in the coming months.
On the other hand, market conditions are tough for both Ethereum (ETH) and Pepe (PEPE). Investors of both these projects are looking to shed their tokens to join ELDG.
Join the Everlodge presale and win a luxury holiday to the Maldives
Ethereum’s (ETH) Exchange Supply Increases
The latest data from Glassnode has revealed that the monthly transaction volume of Ethereum (ETH) has surged. As per data, the transaction volume of Ethereum (ETH) has surpassed $93 million.
However, a close analysis of the data reveals that the transaction volume of Ethereum (ETH) has surged largely because of the ongoing downtrend. Notably, in recent weeks, there has been a significant influx of Ethereum (ETH) tokens on exchanges.
Experts believe that a surge of Ethereum on exchanges denotes an increasing selling pressure on ETH. Meanwhile, the trading price of Ethereum (ETH) has taken a dip of 11% in the past seven days. Subsequently, Ethereum (ETH) is now changing hands for $1,654.37.
Pepe (PEPE) Suffers A Massive Dump Event
Pepe (PEPE) has suffered a severe dump event, which has caused a steep fall in its price. Recently, a wallet transferred about 16 trillion Pepe (PEPE) tokens on crypto exchanges. Soon after this dumping event, Pepe’s (PEPE) price dropped by about 20% within hours.
Thus, Pepe (PEPE) is now changing hands at $1,654.37, a fall of 11% in the past month. At press time, a Pepe (PEPE) token is available to trade at $0.00000089. However, Pepe (PEPE) has seen a surge in whale activity.
This, according to the Pepe (PEPE) community, can trigger the demand for the token, thereby increasing its price.
Everlodge (ELDG) Is Considered The Best Option
Everlodge has developed a new platform that allows users to own luxury holiday homes, villas, and hotels for as low as $100. As per a research report, the current value of the global hospitality market is more than $4.548 trillion. Therefore, this new project has been able to make a big impact on the crypto world.
It will create NFTs against villas and luxury holiday homes, and fractionalize them to help small and retail investors. The value of its NFTs will directly be related to the price of real estate properties. Since the real estate market experiences continuous price increases, the value of these NFTs will increase too. These NFTs will also qualify as collateral for short to medium loans.
The platform has also planned to roll out a Launchpad. This will provide developers with a place where they can raise money for their upcoming real estate projects. Besides, users can invest in projects early, and maximize their ROI.
The platform has begun the first stage of its presale, and its price has surged from $0.01 to $0.012. Meanwhile, the platform uses a dynamic pricing model. So, the market value of ELDG tokens will increase at each presale stage, with $0.016 being the next rise. Experts are confident that the market price of the project can reach $0.038 by its launch time.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge