Attracting a hefty investment of $300K, Everlodge (ELDG) has successfully caught the attention of established blockchain entities, VeChain (VET) and Hedera (HBAR). It’s an intriguing development, particularly considering that Everlodge is still in its presale phase. Let’s find out how this new blockchain project is piquing the curiosity of major players in the industry.
Join the Everlodge presale and win a luxury holiday to the Maldives
Democratizing the Real Estate Realm with Everlodge (ELDG)
The core philosophy of Everlodge is the democratization of the luxury real estate sector. By effectively erasing conventional barriers like nationality, origin, and creditworthiness, the platform brings the allure of prime properties within reach of the masses.
Everlodge showcases a steadfast commitment to three key principles: complete decentralization, seamless transactions, and user anonymity. This vision is realized by minting NFTs representing fractional ownership of premium properties.
Stored permanently on the Ethereum blockchain, these NFTs emerge as unwavering symbols of trust, ensuring investors enjoy transparency, authenticity, and unparalleled control over their assets.
Everlodge’s presale proved to be nothing short of spectacular, with the platform raising $250K in record time. The presale price of $0.012 for the ELDG token has generated significant buzz, especially given expert predictions of a 30x surge upon the full launch of Everlodge promises a comprehensive ecosystem, with features catering to both real estate developers and individual investors. The inclusion of a Rewards Club, Lending Features, and a Developer-Centric Launchpad indicates the platform’s holistic approach to revolutionizing real estate investments.
With the global vacation rental market projected to grow exponentially in the coming years, Everlodge’s unique blend of blockchain and real estate may see ELDG rise up the ranks of decentralized finance.
Exploring the Initial Allure of VeChain (VET)
VeChain saw a meteoric 10,000% rise during the crypto heyday of 2020/21 but has since fallen 94% from its 2021 high of $0.2782. Now hovering around $0.016, VeChain confronts a significant resistance point at $0.020. Overcoming this could pave the way for a climb towards the $0.033 mark.
But why has VeChain performed so purely? VeChain’s initial allure was largely credited to its prominent corporate partnerships. However, anticipated surges in transactional activity on its ledger didn’t materialize as expected. This inertia has driven many of VeChain’s major players to look elsewhere for opportunities.
As VeChain’s lustre fades for its investors, Everlodge’s presale shines brightly as a beacon of hope for the future of DeFi. VeChain holders impressed by VeChain’s potential can see the same potential in Everlodge, from a lower risk point of entry and with a fraction of the initial investment.
Hedera (HBAR): Market Dynamics and the Shift to Everlodge (ELDG)
Hedera Hashgraph has gained considerable traction since its launch back in 2019. What differentiates it from other blockchain networks is its consensus mechanism, called Directed Acyclic Graph (DAG), which allows for high scalability and low-cost transactions.
The year 2023 kicked off promisingly for Hedera, with its price jumping from $0.035 to $0.10. Given its backing by industry giants such as Google, IBM, and Intel, many anticipated a potential climb to $1.00 by 2025. However, current market dynamics cast a shadow on these projections.
Hedera is grappling with the $0.05 mark, a robust resistance line. Its inability to surpass this boundary might indicate waning momentum. While analysts recognize the immense potential within Hedera, the absence of fresh innovations appears to have curbed its ascent.
The $0.40 level now stands as the final support line before a deeper correction. This area looks likely to be hit as more Hedera holders swap over to the Everlodge presale to capture the last remaining ELDG tokens.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge