Leading platforms like Uniswap (UNI) and PancakeSwap (CAKE) have held the DeFi spotlight for some time. However, a new contender, Everlodge (ELDG), has emerged, causing a stir in the DeFi community. With its unique features and ambitious goals, ELDG has intrigued UNI and CAKE holders and wondered whether a shift of power is underway in the crypto landscape.
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Uniswap (UNI): Could Soon Launch on the FVM
Uniswap (UNI) is currently displaying promising bullish signs as it undergoes a significant vote within its ecosystem. In recent Uniswap news, Michigan Blockchain has initiated a vote to deploy it on the Filecoin Virtual Machine (FVM). The FVM has experienced a notable surge in adoption, with the TVL surpassing $84M.
This move is rooted in the belief that integrating Uniswap with FVM aligns with Filecoin’s pivotal role as a leading storage provider in the blockchain industry. Filecoin’s widespread adoption has positioned it as the primary storage solution, and Michigan Blockchain anticipates that Uniswap’s multichain vision will further enhance the decentralized data economy.
In light of these developments, experts are forecasting that the Uniswap price may reach $8.44 by December 2023.
PancakeSwap (CAKE): New DRAM Stablecoin Launch
PancakeSwap (CAKE) is now riding an upward trajectory, with recent developments further fueling its momentum. Notably, PancakeSwap has listed the Dirham-Inspired DRAM Stablecoin, a tokenized equivalent of the United Arab Emirates (UAE) national currency. This move is a step towards enabling seamless cross-border value transfer for users in various regions.
Akshay Naheta, the founder of DRAM and a former SoftBank executive, believes this stablecoin will be pivotal in facilitating international transactions. The DRAM stablecoin’s listing on the PancakeSwap exchange through the Binance Coin (BNB) pair underscores its growing prominence in the crypto space.
As market analysts closely monitor these developments, they anticipate that the PancakeSwap price may range between $1.73 and $1.96 within Q4 of 2023.
Everlodge (ELDG): A New Contender
In a world where inefficiency, opacity, and high costs affect traditional real estate transactions, Everlodge (ELDG) emerges as a beacon of innovation. This upcoming property marketplace will address these longstanding issues and usher in a new era for the real estate market.
For example, one major issue in the real estate market is the high initial investment. Everlodge will remove this by introducing fractional ownership. To clarify, it will digitize and mint high-end villas, vacation homes, and more into NFTs, which are then fractionalized. As a result, anyone can become a fractional owner of a blockchain-based hotel for a low price of $100.
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Moreover, Everlodge’s Rewards Club will redefine the way individuals think about hospitality and real estate investment. Individuals can earn complimentary nightly stays across all properties and hotels within Everlodge’s expansive ecosystem by becoming a member. Users can also generate passive income by reselling unused nights.
However, only ELDG native token holders will gain access to this Club. This token is now worth $0.023 in Stage 6 of its presale – a 130% rise from its starting price. With real-world ties to the $280T real estate market and a low market cap, ELDG may even soar faster than Uniswap and PancakeSwap. Thus, experts foresee a surge to $0.038 before its presale ends.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.cryptopolitan.com/uniswap-uni-and-pancakeswap-cake-holders-shocked-everlodge-eldg-the-new-crypto-powerhouse/