There are a few rare projects that alter the landscape of the crypto world with their massive growth potential. Everlodge is one such project that is likely to become a market titan in the coming weeks.
If you are looking for profitable crypto options, you must invest in this new project. On the other hand, long-standing projects like TRON (TRX) and Polygon (MATIC) have struggled to strike a balance in their market performances.
TRON (TRX) Falls Despite Network Growth
Despite noticing some network growth, the trading price of TRON (TRX) has declined by more than 7% in the past month. As a result, TRON (TRX) is currently changing hands at $0.0774. To tackle the prevailing bearish market conditions, TRON (TRX) has taken some development measures.
Recently, TRON (TRX) announced its use of the Web3 Node Engine Service of Huawei. Interestingly, TRON (TRX) is one of the first blockchains to embrace Huawei’s technology. With this, TRON (TRX) aims to connect developers to blockchains, and help them build dApps more efficiently. By market capitalization, TRON (TRX) is currently in the 11th position.
y00ts NFT Collection Leaves Polygon (MATIC)
Polygon (MATIC) is going through a prolonged bearish phase. The sudden exit of the NFT collection, y00ts, from the Polygon network is the primary reason behind the recent fall of MATIC.
Notably, y00ts had recently shifted to Polygon (MATIC) from Solana, and was one of the most successful NFT collections on the network. However, Polygon (MATIC) has found support in the Reddit Collectible Avatars, which has registered a growth in sales.
The Polygon (MATIC) community hopes that this Reddit-based NFT collection will attract more users to the network. However, the price trajectory of Polygon (MATIC) has moved downward by 23% in the past month. Consequently, the trading price of Polygon (MATIC) has now dropped to $0.5865.
Everlodge (ELDG) Captures All Market Attention
The real estate industry is one of the most profitable, and safest investment assets. To make this industry more accessible to investors, Everlodge has developed a new blockchain platform.
It is a state-of-the-art Web3 platform that allows users to own holiday homes, and luxurious hotels. Notably, the market size of global vacation rentals can grow at a CAGR of 4.7% by 2030. Hence, this new project can do wonders over the coming years.
Here, people can own a luxurious villa for as low as $100, and in the simplest possible way. The platform mints NFTs against real estate properties, and fractionalizes them to make it accessible to small and retail investors.
Besides, people who co-own properties can use their NFTs as collateral to get a loan. Users could also trade their NFTs on the secondary marketplace of the platform, or any ERC20-compatible marketplace.
The platform has announced plans to launch a Launchpad, wherein developers will get an opportunity to raise capital for new projects. Everlodge has ELDG as its native token, and its presale has started. Currently, the purchase price of a token is just $0.01.
However, as per analysts, the token’s market value can explode by 280% during the presale round, and 30x upon launch. Moreover, the token holders will receive multiple benefits that include discounts on trading fees, and staking rewards. Considering the demand for this project, it can raise $12 million during its presale.
Find out more about the Everlodge (ELDG) Presale