As cryptocurrency holders keep a close eye on the market, two notable tokens, Aave (AAVE) and Theta Network (THETA), have recently experienced some declines. However, amidst these fluctuations, a new opportunity has emerged that has been capturing the attention of investors – Everlodge (ELGD). Today, we will look at all three cryptocurrencies and find out what makes Everlodge so appealing.
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Aave (AAVE) – A Bump in the Road?
Aave (AAVE), a DeFi protocol, has been a fan-favorite for its innovative approach to lending in the blockchain space. But, recent market trends have shown a decline in the Aave price. In fact, the Aave crypto lost 10% of its value in the past seven days.
Over $100M worth of tokens were recently stolen from the Curve DAO ecosystem. As a result, the DeFi sector suffered, with Aave plunging. This bearish trend has continued as Aave trades hands at $63.16 with a market cap of $916M, down 2.06% overnight.
Moreover, the token’s trading volume plummeted by 49% in that same period, sinking to $104,111,543. Due to all these reasons, Aave holders are looking at other options with more room for growth.
Theta Network (THETA) – Weathering the Storm
Similarly, Theta Network (THETA), a decentralized video delivery platform, has also been experiencing red charts. Over the past week alone, the Theta Network price fell by 8.8%. Not even the recent news that Theta Network has collaborated with FedML helped the token value.
To clarify, Theta Network partnered with FedML to create a decentralized AI supercluster to transform generative AI and content recommendation. Nevertheless, the Theta Network token did not see any increase as it now costs $0.761 with a market cap of $761M. This is a decrease of 1.43% in the past 24 hours.
Furthermore, the Theta Network technical analysis also shows its moving averages and technical indicators in red. Therefore, bears have taken control of this token, and holders are migrating to different projects.
Everlodge (ELDG) – The Rising Star
Amidst the ups and downs of Aave and Theta, a new player has emerged in the blockchain space – Everlodge (ELDG). This groundbreaking project takes real estate investment to the next level, offering fractional ownership of hotels and villas through NFTs.
Disrupting the Timeshare Market
Everlodge is revolutionizing the timeshare market with its innovative approach to property co-ownership. By harnessing the power of blockchain and fractionalized NFTs, Everlodge is democratizing access to multi-million-dollar vacation homes like never before.
This marketplace will digitize and mint luxury villas, hotels, and more into NFTs. These vacation homes are divided into smaller fragments through fractionalization, making it possible for a broader audience to own them. Thus, instead of requiring hefty upfront investments, the platform allows users to co-own these luxurious properties for as little as $100.
Everlodge empowers individuals to own a piece of the most sought-after vacation properties and creates opportunities for passive income generation. In other words, if the property value goes up 20%, so will the NFT price. In sum, Everlodge is ushering in a new era of inclusivity and accessibility in the luxury travel market.
The ELDG Token – A Must-Have Crypto in 2023
The ELDG token, the native cryptocurrency of Everlodge, offers its holders many exciting benefits. Firstly, token holders enjoy exclusive discounts on property purchases within the Everlodge marketplace, making luxury property ownership even more accessible. Secondly, holders gain entry to exciting holiday giveaways, adding further value to their investment.
If you are interested in any of these benefits, now is the perfect time to purchase the token, as the price is only $0.01. But, the presale is in Stage One, and further price hikes are coming. Notably, some experts foresee it rising by 280% before its presale ends. Do not miss out on this potential blue-chip token that may even surge 30x on launch day.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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