While Cardano (ADA) and VeChain (VET) crawl lower, Everlodge (ELDG) is on the rise. The blockchain hospitality platform is leading the charge in the industry, offering an industry-defining change. Notably, Everlodge is in a presale phase of discounted tokens. Let’s take a closer look.
Everlodge (ELDG)’s Revolutionary Rise Amid Market Stagnations
Everlodge is reshaping the luxury real estate landscape, making elite property investments within reach for the everyday individual. Imagine holding equity in an expensive $9 million penthouse in Manhattan, all for an investment as modest as $100. That’s the revolutionary vision Everlodge is bringing to life.
By transforming properties into fractionalized NFTs, Everlodge offers a slice of the property pie at a fraction of the cost. And with blockchain’s power, transactions, and ownership rights are solidified with unparalleled security and transparency.
Beyond merely facilitating investments, Everlodge curates a comprehensive real estate ecosystem. The Launchpad stands out, offering a platform for property developers to crowdsource funds from a vibrant and eager community of investors.
The Rewards Club, an innovative addition, further elevates Everlodge’s allure. Members can spend nights in some of the world’s most luxurious properties. The opportunity to trade these earned nights introduces an exciting dimension to luxury living and wealth accumulation.
In its sixth phase, the ELDG token is priced at $0.023, with over 90 million tokens being snapped up in recent weeks. The clock is ticking, as a price uptick is anticipated once the sales hit the 100 million mark and it transitions into the next phase. Additionally, a 15% bonus awaits every participant in phase 6.
As Everlodge broadens its outreach by partnering with elite hotels worldwide, early ELDG adopters stand on the brink of not merely a financial upswing but also a doorway to a lavish lifestyle once considered beyond reach.
For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.
The Importance of Real-World Applications for Cardano (ADA)’s Valuation
Having soared to an admirable $3.09 in 2021, Cardano’s path has since taken a notable downturn, stabilizing at a worrisome $0.2419. This drastic 90% plunge and breaching the crucial $0.30 support threshold has stirred anxiety amongst its followers.
Skeptics pinpoint the slide to Cardano’s restrained real-world uptake. Despite Cardano’s optimistic “build it and they will come” mantra toward cryptocurrency evolution, many investors are on standby for concrete use instances before pledging allegiance to the network.
The modest Total Value Locked (TVL) of Cardano, standing at $160 million, is overshadowed by Ethereum’s towering $21 billion TVL. This stat alone undermines Cardano’s bragging rights as the so-called “Ethereum killer.”
Analysts note the disparity between Cardano’s TVL and market cap, hinting at a likely ascent in Cardano’s valuation upon the emergence of real-world network applications. Until this materializes, Cardan’s price will likely remain muted between $0.20 and $0.30.
Comparing VeChain (VET)’s and Everlodge (ELDG)’s Approaches to Blockchain Utilization
Like a phoenix rising from the ashes of the 2018-2020 crypto-market collapse, VeChain has proven its mettle by reestablishing itself as a leading player in the blockchain industry. With partnerships and collaborations with formidable entities like PwC and Walmart China, VeChain quickly gained 10,000% to a peak of $0.28.
However, VeChain is now priced at $0.17 after a 93% tumble from the 2021 peak. VeChain’s blockchain still needs to handle the expected transaction volume, which has led investors to consider alternatives despite the company’s impressive partnership list.
This lack of actual adoption is evident from the fact that in the past week, only 1.3 million clauses (bundled transactions) were recorded, less than the over 3 million clauses seen during certain weeks in 2019.
VeChain’s rapid rise in popularity was driven by a unique and innovative narrative, which is also reflected in Everlodge’s ambitious pursuit of the trillion-dollar real estate market. Additionally, with ELDG tokens currently available for only $0.023, potential investors are racing against time to take advantage of the financial opportunities that await the imminent launch of Everlodge.
Source: https://www.analyticsinsight.net/everlodge-leading-the-charge-toward-real-estate-on-the-blockchain-cardano-and-vechain-struggle-for-adoption/