06 September,2023 06:07 PM IST | Mumbai | BrandMedia
The project has sold over 27 million presale tokens within weeks of its launch. Thus, experts are highly bullish about this new platform, and investors are taking a great interest in it.
Meanwhile, projects like Floki Inu (FLOKI) and Pepe (PEPE) have failed to escape the bearish zone.
Join the Everlodge presale and win a luxury holiday to the Maldives
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The market health of Floki Inu (FLOKI) has been on a constant decline for many weeks. Subsequently, in the past 30 days, the market value of Floki Inu (FLOKI) has nosedived by 17%. Therefore, a Floki Inu (FLOKI) token is changing hands at $0.00001811. This has pushed a majority of Floki Inu (FLOKI) investors into the red zone.
IntoTheBlock's latest data shows that more than 89% of Floki Inu (FLOKI) holders suffer losses. According to market analysts, the waning popularity of Floki Inu (FLOKI) has severely impacted its price movement. Investors are losing trust in Floki Inu (FLOKI) as it has lost about 90% of its value from its peak of $0.00033651, with no signs of revival.
The Pepe (PEPE) community is getting worried as the meme coin has been unable to scale up its price despite some green market signals. The data from LunarCrush has shown that the social engagements of Pepe (PEPE) have increased by 276% in the past 7 days.
Whales have also started taking an interest in Pepe (PEPE). Hence, the number of whale transactions involving Pepe (PEPE) has increased. However, the trading price of Pepe (PEPE) has been plummeting for the past many weeks. Thus, Pepe (PEPE) is down by a staggering 33% on the monthly price chart. The current trading price of Pepe (PEPE) is $0.00000086.
According to a research report, the global hospitality market has grown at a CAGR of 7% in the past year. This shows the massive growth potential of the real estate sector. To disrupt, and revolutionize this hospitality industry further, Everlodge has developed a novel Web3 platform.
The platform has prepared the ground to launch a unique Web3 platform that will serve as a real estate marketplace. It will assist people in fractionally owning vacation homes, hotels, and luxury villas. It is a first-of-its-kind platform that uses NFT technology for the vacation home industry.
The platform will create non-fungible tokens for vacation properties. Next, it will make fractions of the NFTs to make them accessible, and affordable to small investors. Hence, the platform encourages co-owning of real estate properties. Moreover, these NFTs will have the backing of real estate properties. This will protect their market value from going down, even if the overall market is bearish. The platform users can also use these NFTs as collateral to take loans.
ELDG is the native cryptocurrency of the platform, and its owners will get a plethora of benefits like discounts on trading fees, staking rewards, holiday giveaways, and many others. The presale round of the token is in its Beta stage, and its current buying price is $0.012.
The platform will have a total supply of 800 million ELDGs, of which 480 million will be open to purchase during the presale round. Analysts are confident that the market value of the platform will soar by at least 280% during the presale phase, and 3000% upon the launch.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
"Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions."