Decentraland is one of the largest Metaverse games in the world. According to DappRadar, Decentraland had over 56,000 active players in 2022, and many cryptocurrency experts believed it could dominate the P2E gaming market. However, since the 2022 bear run, Decentraland has lost its popularity. Now, investors prefer mainstream projects like Ethereum, and many are profiting from new projects such as Everlodge, which is poised for 35x gains.
Decentraland Launches New Cross-Chain Upgrade
The Decentraland marketplace recently had a significant upgrade to enhance its accessibility. The upgrade allows for cross-chain transactions. Now, players will be able to use Polygon and Ethereum to make transactions, which is expected to improve the overall gaming experience.
To implement its upgrade, Decentraland has partnered with Squid, a coss-chain liquidity layer. While making transactions in Decentraland, players will now be rerouted to Polygon and Ethereum if they don’t want to use $MANA.
While this could make Decentraland more accessible, the game’s player base is still depleting. Statistics from CryptoSlam show that Decentraland’s player base has fallen from 55,000 in January 2023 to 30,000 in November. Stats from DappRadar suggest that this number could be as low as 20,000.
As a result, while the Decentraland marketplace could grow in popularity, it’s unlikely to surpass the likes of Ethereum and other large DeFi projects.
Is Ethereum On Track To Hit $10,000?
A recent post by popular crypto investor Altcoin Daily, suggested that Ethereum could be on track to hit $10,000 based on current trends. The investor’s analysis highlighted that Ethereum’s transition to a deflationary model makes ETH more scarce and could drive up investor demand.
Furthermore, Altcoin Daily stated that the consistent development throughout the Ethereum network could trigger additional price surges. As one of the world’s fastest-growing DeFi ecosystems, Ethereum is potentially undervalued. Therefore, its current value of $2,246 could be a bargain compared to what’s to come.
Lastly, Altcoin Daily outlined the growing importance of staking throughout the Ethereum community as a reason why it could rise in value. With more investors staking than ever, Altcoin Daily outlines that the Ethereum community is extremely committed to the project’s growth.
Experts Choose Everlodge Over Decentraland
Everlodge is an exciting new DeFi opportunity for investors looking to build a passive income stream. The project introduces a decentralized marketplace for travel properties. This will operate like a traditional property marketplace, though will let users fractionally invest in travel properties worldwide.
The platform will showcase a myriad of property types. These will include luxury villas, holiday homes, and even hotels. Investments will start at just $100, and the more equity an investor holds in a property, the more they will earn.
Aside from its marketplace, Everlodge will also introduce an innovative property development launchpad. Here, users will be able to invest in new developments, which are expected to offer extremely lucrative returns once completed.
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#Crypto #RWA pic.twitter.com/DKzxKTHGay— Everlodge (@EverlodgeHQ) December 11, 2023
If these factors weren’t already exciting enough, Everlodge will reward ELDG token holders with free stays at properties within the Everlodge ecosystem. This will work much like a timeshare, and investors can sell their time if they want to produce an additional income stream.
The Everlodge presale is soaring and has sold out during seven presale rounds. Stage 8 is its most popular round to date, and tokens are available for $0.027. As tokens are expected to sell out before the end of Q1, investors are holding tokens to profit from expected 30x returns upon launch.
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Source: https://www.analyticsinsight.net/will-the-decentraland-mana-marketplace-surpass-the-popularity-of-ethereum-eth-experts-prefer-everlodge-eldg-for-35x-gains/