In the volatile yet exciting world of cryptocurrency, we’re seeing a shifting landscape as Fantom and Curve DAO experience recent setbacks. Meanwhile, an exciting development looms on the horizon as Everlodge kicks off its eagerly anticipated presale phase. Let’s delve deeper into these unfolding scenarios in the digital currency arena.
Join the Everlodge presale and win a luxury holiday to the Maldives
Everlodge : Pioneering A $280 Amid Fantom and Curve DAO Declines
By creating the world’s first fusion of fractional vacation home ownership, timeshare, and NFT technology, Everlodge is crafting a paradigm shift in the $280 trillion real estate industry.
Forget the rigid structures of traditional real estate investments. Everlodge allows users to own pieces of luxurious villas, hotels, and vacation homes, with investments starting as low as $100. This democratizes access to premium properties, once reserved for the affluent.
Beyond property investment, Everlodge’s ecosystem harbors a Rewards Club where members earn free stays and even resell these perks. Imagine sipping cocktails by a Miami villa poolside that you part-own, all while earning passive income!
Leveraging the novelty of NFTs, Everlodge’s properties are minted and fractionalized. All essential ownership data are encapsulated within smart contracts. This ensures transparency, security, and the thrill of owning a unique digital asset tied to real-world luxury.
Everlodge is not just for property enthusiasts; it’s a hub for innovation. Property developers can raise capital, offering the community early entry into promising projects. This synergy between developers and investors accelerates growth and maximizes ROI.
The platform’s heartbeat, ELDG tokens, empower users with discounts, staking rewards, and exclusive benefits. Now available at $0.01 during phase 1 of the presale, these tokens are a gateway to the future of vacation property investment.
With the global real estate market’s vastness, fractional vacation home ownership is a nascent giant waiting to be awakened. Analysts glimpse Everlodge’s potential and foresee over 30x growth in the coming year.
Fantom (FTM): Price Trajectories and Critical Support Levels
Fantom found itself in the hot seat this month, as a severe security infringement hit its Multichain Fantom bridge. Despite being somewhat under the radar, the incident led to cybercriminals making away with a hefty bounty of around $126 million.
The effects of this security lapse have severely impacted Fantom’s trajectory and health indicators. Data sourced from DeFiLlama indicates a sharp drop in Fantom’s total value locked (TVL), which has nosedived to a mere $60 million.
The tremors from the security breach have echoed in the Fantom token price as well, which dipped from approximately $0.32 to less than $0.27 within a span of a mere two days. Analysts highlight that the $0.20 support level is the last bastion before Fantom risks plunging into deeper lows.
Fantom investors are concerned with the project’s capacity to recover from the incident and revive its TVL. The Everlodge presale acts in direct contrast to Fantom’s movements and could be an optimal time for holders of FTM to redeem their losses.
Curve DAO (CRV): From Exploits to Market Jitters
It isn’t only Fantom battling with attacks. The Curve DAO was rocked on July 30 when a security exploit expose weaknesses in the reentrancy locks of multiple Vyper programming language versions. The damaging assault resulted in a loss of around $47 million as Curve DAO’s pools were drained.
Following the breach, the token price of Curve DAO plunged from $0.74 to $0.48. A subsequent rebound to $0.56 exhibits some tenacity on Curve DAO’s part, but the market is still walking on eggshells.
In addition to the security violation, there are rumors that the founder of Curve DAO has been liquidating CRV tokens to cover personal liabilities, dealing another blow to investor sentiment.
Meanwhile, as turmoil struck Curve DAO, Everlodge moves through its presale stages with an impressive amount of interest. Analysts note that this could spell out a win for FTM and CRV holders who view Everlodge as an ideal exit opportunity.
The recently-released Everlodge token has been grabbing headlines within the crypto industry, with the presale already generating an impressive amount of interest.
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/2023/08/16/fantom-and-curve-dao-stumble-as-everlodge-hits-the-ground-running/