Everlodge, a promising newcomer in the presale phase, is already attracting investors away from established currencies like Tron and Filecoin. This shift in investment patterns raises intriguing questions as to what is driving this movement. Let’s delve into this phenomenon and shed light on what’s happening in the crypto markets.
Everlodge (ELDG): The Potential of Fractional Ownership Attracts Tron (TRX) and Filecoin (FIL) Holders
By merging traditional real estate investment with modern blockchain capabilities, Everlodge is not just keeping pace with the industry; it’s leading it. The platform offers an exciting and accessible path for investors to enter the luxury property market, promising both novelty and potential returns.
Here, users can invest in premium properties like hotels, vacation homes, and luxury villas without having to buy them outright. In fact, just $100 is enough to get on the property ladder with Everlodge.
What sets Everlodge apart is its unique combination of fractional ownership, timeshare, and NFT technology. The platform not only provides fractional investment opportunities but also integrates rewards clubs, lending features, and a launchpad for developers to garner funds.
At the core of Everlodge’s ecosystem is the ELDG token, a versatile utility token that plays a multifunctional role within the platform. Token holders can leverage ELDG to access property discounts, stake for rewards, and even enjoy free hotel stays.
Currently, ELDG tokens can be purchased for just $0.01 during the first phase of the presale event. The project employs a dynamic pricing model, with the price set to increase at each stage until the token’s official launch.
As the global real estate market exceeds a staggering $280 trillion, the concept of fractional vacation home ownership emerges as a substantial growth avenue. Everlodge’s innovative approach positions it at the forefront of this trend, with analysts predicting gains of over 30x in the coming year.
Tron (TRX): A Dark Future Ahead
Tron has been on a predominantly downhill ride in recent years. Once a stellar performer in the 2017/18 bull market, Tron saw its value skyrocket nearly tenfold to peak at $0.30. However, this apex now appears to be a distant memory as Tron currently trades at a lackluster $0.076.
This downturn reflects a disappointing reality for Tron investors who boarded the hype train in 2018, as they now find themselves nursing losses. Much of Tron’s initial price hike could be attributed to an aggressive marketing strategy led by its CEO, Justin Sun, which generated considerable buzz within the crypto community.
Once the marketing magic subsided, Tron’s price predictably dipped. With Tron holders seeing no returns for five years, they are moving over to the Everlodge presale in their droves.
Adding to Tron’s ills is a circulating rumor that the Tron CTO has been arrested in China. The reported arrest has caused further concern among investors and raised questions about the company’s overall stability.
Filecoin (FIL): A Return to Prominence or Continued Decline?
Once seen as a revolutionary player in the realm of decentralized storage, Filecoin soared by a staggering 1,000% in 2021. Fast forward to the present, Filecoin’s price has experienced a brutal 98% plunge, settling at a paltry $5.90.
This precipitous downfall reflects a mismatch between Filecoin’s inflated valuation and the actual value generated through user adoption. Essentially, Filecoin has not managed to entice enough users to justify its peak price point, leading to its current predicament.
Looking ahead, market analysts anticipate Filecoin will likely oscillate within the $4.50 – $6.50 price band, awaiting the next market uptick. Filecoin holders are sitting on huge losses and the Everlodge presale is offering them a chance to recoup some of their losses.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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Source: https://www.thecoinrepublic.com/2023/08/15/everlodge-draws-holder-away-from-tron-and-filecoin-whats-happening/