The presale launch of Everlodge has filled the market with a sense of optimism. Crypto enthusiasts believe that this new project can cause the next market bull run. Investors are also rallying behind this project from its early stage.
Meanwhile, Cosmos (ATOM) and Avalanche (AVAX) have failed to post any promising market performance. In this article, we will analyze the growth prospects of these three cryptocurrencies.
Cosmos (ATOM) Releases Its 2024 Roadmap
As 2023 is about to end, Cosmos (ATOM) has buckled up for the coming year. Recently, Cosmos (ATOM) released its roadmap for 2024, with a special focus on seamless interoperability.
Cosmos (ATOM) has highlighted four key areas in its 2024 roadmap. They are developer experience, modularity, user adoption, and go-to-market strategy.
Meanwhile, Cosmos (ATOM) has revealed that it facilitated 52 million transfers worth $29 billion in the past year. However, ATOM has not responded positively to the roadmap released by Cosmos. On the monthly price chart, Cosmos (ATOM) is down by 6%. Thus, a Cosmos (ATOM) token currently costs $7.07.
For the last many weeks, Avalanche (AVAX) has been moving in the red zone. Subsequently, the market value of Avalanche (AVAX) has dipped by 12% in the past thirty days. Therefore, Avalanche (AVAX) is now available to trade at $8.88.
However, Avalanche (AVAX) is actively involved in increasing its user base, and network activity. Recently, Avalanche (AVAX) has partnered with SK Planet to launch a ticketing platform. With this, Avalanche (AVAX) aims to enhance the experience of users who search for tickets on the internet.
Avalanche (AVAX) will also try to address issues that are hurting the ticketing industry in South Korea, like counterfeit tickets.
Everlodge (ELDG) Makes Market Bullish With 3000% Presale Rise
The hotel industry has witnessed a boom in recent years. As per a research report, the sector’s market size can reach $1.21 trillion by 2023. So, people around the world are looking for ways to invest. However, it is difficult and costly to own holiday properties, for individuals.
Everlodge is one of the first Web3 projects to capitalize on this trend. It will utilize NFT technology to build a platform for hospitality real estate. It creates NFTs for holiday real estate properties.
The platform will fractionalize these NFTs after the minting process. This will allow retail and smaller-scale investors to acquire luxury properties at a relatively low cost of $100. Additionally, individuals can use their NFTs as collateral to get a loan.
Moreover, the NFTs are backed by actual properties. So, they will keep growing in value. Everlodge uses ELDG token, which is based on Ethereum, as its native crypto. The token holders get several perks, like deals, giveaways, and rewards from staking.
Currently, the platform is in its third phase of presale. The token is trading at $0.018. According to the developers, the total supply of ELDG will be capped at 800 million. However, only 480 million tokens are unlocked during the presale phase.
As per market analysts, the token’s value is expected to increase by 280% during the presale, and 3000% by the time it is launched on Uniswap.
Find out more about the Everlodge (ELDG) Presale