Everlodge has become the latest sensation in the crypto world. Its presale has garnered massive market support, and its profitability is soaring. According to experts, the value of this growth-oriented project can rise by 30x before the end of the year. Meanwhile, projects like Ripple (XRP) and Cardano (ADA) have been losing their existing holders.
Ripple’s (XRP) Price Drops Amid Recent Collaborations
In the past few days, Ripple has lost all the gains that it earned after the federal court’s ruling in the XRP-SEC lawsuit. More concerning is the fact that Ripple (XRP) is losing its investors despite witnessing an increase in its global adoption.
The latest on-chain data has shown that whales are constantly shedding their Ripple (XRP) tokens. Subsequently, Ripple’s (XRP) price movement has taken a downturn.
In the last 30 days, the market value of Ripple (XRP) has nosedived by 25%. Therefore, the trading price of Ripple (XRP) is currently $0.54. This comes at a time when Ripple (XRP) has partnered with leading global firms such as Western Union, and the Bank of England.
Cardano (ADA) Sees Rise In New Active Wallets
Although the overall market conditions are not favorable, Cardano (ADA) has witnessed growth in a key metric. The latest market data has shown that the Cardano (ADA) network has seen an increase of 6% in its new unique active wallet addresses since April. At press time, the Cardano (ADA) network has 4.26 million wallets.
Besides, Cardano’s (ADA) delegator count has also surged by 30,000 during this period. However, these developments have failed to positively impact the price trajectory of Cardano (ADA). On the 30-day price chart, Cardano (ADA) has suffered a drop of 14%. Thus, the trading price of Cardano (ADA) is hovering at $0.25.
Everlodge (ELDG) Presale Growth Stuns Market Experts
After the global travel restrictions were lifted post Corona lockdown, the hospitality industry has bounced back. As per a research report, the global hospitality industry can grow at a CAGR of 5.8% till 2032. Everlodge is ready to take advantage of this growing trend by developing a first-of-its-kind Web3 platform that aims to revolutionize the hospitality industry.
Its users will get to fractionally own holiday homes, and luxury villas for as little as $100. The platform will create NFTs (non-fungible tokens) against holiday villas, hotels, and other similar real estate properties. Next, it will make fractions of these non-fungible tokens to help small investors purchase them. This one-of-a-kind platform will have a Launchpad, Rewards Club, Lending, and Marketplace.
The platform’s native cryptocurrency is ELDG, and its holders will get a wide range of benefits, like holiday giveaways, discounts on transaction fees, and property raffles. Additionally, token holders can yield an extra income by staking their tokens. Maintaining the authenticity, and security of the platform, its developers’ team has undergone a thorough KYC verification process.
The platform’s presale stage 1 is selling out fast, and an ELDG token is available to buy at $0.012. Notably, the token’s price will rise to $0.016 in the next stage. Meanwhile, experts believe that its price will increase by 280% before the end of the presale phase. The platform will lock its liquidity pool for 8 years, and the team tokens for 2 years. According to the project’s developers, the platform will likely raise $12 million during the presale phase.
Find out more about the Everlodge (ELDG) Presale