Tech

IoTeX Integrates With Conflux, Sei Launches Meme Coins and Everlodge Will Fractionalize the Real Estate Industry

9 months ago
Bitcoin Ethereum News

IoTeX (IOTX) experienced a major integration which resulted in an increased appeal towards the altcoin, but its not alone. Sei (SEI) also witnessed exponential growth after meme coins landed on top of the network, leading to a surge in its trading volume. 

Despite this, Evelordge (ELDG) is being accumulated by traders due to its high-growth opportunity. Today, we will look at IoTeX, Sei and Everlodge to see which crypto can come out on top and which is the best cryptocurrency to buy.

IoTeX (IOTX) Integrated With Conflux

IoTeX (IOTX) is a Layer-1 blockchain that’s EVM-compatible and powered by the Roll-DPOS consensus. Its native token, the IoTeX crypto, is used for transaction fees, staking, governance and native dApp development. 

On December 20, 2023, IoTeX made a major announcement where they went over how they integrated with Conflux. Developers can now harness real-world data and seamlessly build DePIN dApps. Alongside this, Conflux is China’s leading regulatory-compliant blockchain, which can result in major expansions into Asia, leading to increased interest. 

Sei (SEI) Launched Meme Coins on Top of the Network

Sei (SEI) is a network optimized for the exchange of digital assets that’s fully open source. Its native crypto, the Sei token, is used for network fees, the DPoS validator staking system, and for native collateral. It is also utilized for the payment of trading fees, leading to increased interest.
On December 20, 2023, Sei announced that meme coins landed on top of the network. In the following 24 hours after the announcement, the trading volume increased by 600x to $16.66 million with $4.69 million in liquidity. With the increased demand for the network, astroport.fi upgraded to a dedicated node, which will resolve UI issues that users might have experienced.  Nodes for Neutron and Injective were upgraded as well.

Everlodge (ELDG) to Fractionalize the Real Estate Market

Everlodge (ELDG) is an upcoming real estate marketplace currently in its crypto ICO phase that can change how traders access the real estate market as it democratizes the industry and makes each fraction available for just $100.

In the past, accessing these properties was difficult as there was a massive price barrier in front of them. Most properties in luxury locations such as Miami would cost millions of dollars, which needs to be paid upfront, making them inaccessible for a lot of people.

Everlodge will change this by minting a $8,000,000 property into 80,000 pieces worth just $100 each. By holding onto these fractions, traders gain access to all of the benefits of property ownership, such as passive income through rentals and value appreciation. This way, anyone can diversify their holdings and jump into the industry without needing millions or needing to get loans and mortgages just to be able to access this asset class. 

Alongside all of this, the platform will feature a Rewards Club, where anyone will be able to access free nightly stays and can resell them for additional capital gains if they do not plan on using them. All of these aspects make it the best cryptocurrency to buy.

Summary

Aside from IoTeX and Sei, another cryptocurrency that has experienced significant growth in its value is Everlodge. During its crypto ICO, the project has reached Stage 8, where it is trading at $0.027. At launch, analysts are projecting a price upswing of 50x, fueled by the overall growth of the industry and the appeal in its ecosystem. 

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Source: https://www.analyticsinsight.net/iotex-integrates-with-conflux-sei-launches-meme-coins-and-everlodge-will-fractionalize-the-real-estate-industry/