Everlodge (ELDG) Boasts Enormous Growth, While Chainlink (LINK) and Monero (XMR) Try To Regain Momentum
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Lately, projects like Chainlink (LINK) and Monero (XMR) have had a hard time staying afloat. However, the presale launch of Everlodge is the reason to cheer for.
Bulls have rushed to this project, and are aggressively accumulating its presale tokens. Experts believe that the new crypto will soon become a blue-chip project.
Chainlink (LINK) Records Fresh Addresses
The Chainlink (LINK) ecosystem has witnessed an increase in its network activity. The data from Lookonchain reveals the opening of 81 fresh Chainlink (LINK) wallets in the last few days. Besides, these new Chainlink wallets have withdrawn LINK tokens worth $31.58 million from Binance.
Experts believe that whales are accumulating Chainlink (LINK) tokens. This optimism has positively impacted the price of Chainlink (LINK). The current trading price of Chainlink (LINK) is $7.21, following a 20% surge in the past month.
However, analysts fear that such continuous outflow can result in a liquidity decline for Chainlink (LINK).
Binance Delists Monero (XMR) in Belgium
Growing regulatory concerns around privacy coins have been hurting Monero (XMR) for a long time. In the latest event, Binance has announced that it will stop supporting Monero (XMR) in Belgium. According to experts, this can significantly erode the user base of Monero (XMR).
Notably, Monero (XMR) has been blacklisted in several other countries too. However, investors are still showing confidence in Monero (XMR), which is up by 2% on the monthly price chart. Currently, Monero (XMR) trades at $143.89.
Meanwhile, Monero (XMR) is focussing on improving its network to attract new users. Recently, Monero (XMR) increased its privacy and efficiency through features like Ringsize 16, and Bulletproofs+.
Everlodge (ELDG) Presale Boasts Enormous Growth Prospects
The hotel and resort sector has been booming in recent years, and it is expected to get bigger with time. According to a study, the global hotel and travel accommodation industry is likely to have an annual growth rate of 7% from 2021 to 2025. But it’s been difficult for people to own holiday properties. However, Everlodge is here to help. This new Web3 platform will bring NFT technology to the hospitality real estate industry. It will create NFTs for vacation properties.
The platform will fractionalize NFTs after minting them. Thus, it will allow small-scale investors to purchase luxury properties for just $100. You can also use these digital tokens as collateral to obtain a loan.
The platform’s NFTs will be backed by real properties. So, they will continue to increase in value. The ELDG token is the native cryptocurrency of Everlodge. Holders of these tokens will get several benefits and lucrative deals, giveaways, and staking rewards.
The platform is currently in its 3rd stage of presale. A token is currently available for $0.018. The developers have stated that the total supply of the ELDG token will be limited to 800 million. Moreover, only 480 million tokens will be available during the presale phase.
Meanwhile, analysts predict that the token’s value will increase by 280% during the presale period. Additionally, experts believe that the project can surge by 3000% at the time of launch on the Uniswap exchange.