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Dogecoin (DOGE) and Stacks (STX) Whales Flocking to the Everlodge (ELDG) Presale As Stage 1 Begins

28 August 2023
in DOGE
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Dogecoin (DOGE) and Stacks (STX) Whales Flocking to the Everlodge (ELDG) Presale As Stage 1 Begins
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The cryptocurrency sector is buzzing with anticipation as the Everlodge (ELDG) presale kicks off its first stage. Among the most intriguing developments is the participation of not just any investors but Dogecoin (DOGE) and Stacks (STX) whales. Keep reading to explore why these established investors are paying attention to Everlodge’s presale project.

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

Dogecoin (DOGE): Providing Dismal Returns

Dogecoin (DOGE), once celebrated for its viral charm and community-driven spirit, has faced a shift in sentiment as investors grapple with dismal returns. The token’s meteoric rise was marked by meme culture and a solid online following. But as time has passed, Dogecoin’s inability to sustain substantial growth has prompted many whales to seek alternatives.

In fact, the highest point the Dogecoin price reached during 2023 so far was $0.0964. Even some prominent analysts in the field predict that the Dogecoin value could sit between $0.089 and $0.098 by the end of 2023. 

Due to all these reasons, Dogecoin whales are directing their attention to projects that offer real-world utility and long-term value appreciation.

Stacks (STX): Stuck in Limbo 

Stacks (STX) finds itself in limbo, which has led many whales to explore other projects with more significant growth potential. STX’s unique value proposition lies in its role as a bridge between the Bitcoin blockchain and smart contract capabilities. 

Although the Stacks coin hit the $1.19 mark in March 2023, the price has been on a downtrend ever since. The Stacks network’s current predicament, marked by slower price movement, has prompted whales to seek projects that offer more upside potential.

While Stacks continues to fuel smart contracts for Bitcoin, experts predict it may reach $0.78 within Q4 of 2023. Nevertheless, Stacks whales migrate to projects demonstrating strong momentum and tangible use cases, ultimately seeking to maximize their returns.

Everlodge (ELDG): A New Chapter Unfolds

While Dogecoin and Stacks whales have different motivations for exploring the Everlodge (ELDG) presale, the common ground is its vision. Everlodge’s ambition to revolutionize the real estate sector through blockchain technology speaks to the desires of many investors. It aims to accomplish this by building a unique property marketplace. 

On this marketplace, anyone may become a fractional owner of a luxurious property on the blockchain for a low cost. To clarify, Everlodge will digitize and mint high-end villas, vacation homes, and more into NFTs. Afterward, it will fractionalize these NFTs. As a result, it solves the issue of high upfront costs associated with real estate for decades. 

Furthermore, real estate investments are often illiquid, making it challenging for investors to swiftly capitalize on changing market conditions. But, Everlodge will provide a secondary marketplace where users can easily trade, buy, and sell NFTs, introducing more liquidity.

The project’s native token, ELDG, is worth only $0.012 as it is in Stage 1 of its presale. Unlike Dogecoin and Stacks, ELDG has real-world ties to the $280T real estate market and a low market cap of $5.7M. Therefore, it will surge faster than its rivals. Experts predict a rise to $0.035 before the presale ends.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

Credit: Source link

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Tags: BeginsDOGEDogecoinELDGEverlodgeflockingPresaleStacksStageSTXWhales
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