In this article, we will analyze the growth potential of three cryptocurrencies that are quite in the news. They are Filecoin (FIL), Avalanche (AVAX), and Everlodge. However, experts have already given their verdict in favor of Everlodge.
This new project’s business roadmap has won the hearts of investors and experts alike. Let’s see what makes this project so popular.
Find Out How To Buy Everlodge (ELDG)
Filecoin (FIL) Struggles To Maintain Momentum
While the second quarter of 2023 brought some optimism for Filecoin (FIL), Q3 has posed major market challenges for the network. Subsequently, the value of Filecoin (FIL) has fallen by over 10% in the past 30 days.
At present, Filecoin (FIL) is available to trade at $4.13. This shows that Filecoin (FIL) has struggled to maintain its momentum acquired in Q2. Earlier, a Messari report suggested that the storage utilization of Filecoin (FIL) surged by 4% in the second quarter compared to Q1.
However, the overall adoption rate of Filecoin (FIL) is still low. Thus, development activity on Filecoin (FIL) has also declined.
Avalanche (AVAX) Pushes For Tokenized Assets
There is a buzz around tokenized assets, and Avalanche (AVAX) has taken steps to tap this growth opportunity. Recently, Avalanche (AVAX) launched “Avalanche Vista” to highlight the value of tokenization. Avalanche (AVAX) will purchase $50 million of tokenized assets that are minted on the networks.
As per the official communique of Avalanche (AVAX), these assets will belong to different sectors, including credit, real estate, and equity. However, the price movement of Avalanche (AVAX) has been a cause of concern for investors. In the past week, the price of Avalanche (AVAX) has fallen by around 6%.
Consequently, the current trading price of Avalanche (AVAX) has tumbled to $12.53.
Everlodge Shows Massive Growth Potential
Real estate properties have been a favorite investment option for many. Their value is bound to increase, making them the safest investment instrument. Moreover, market data has revealed that the global real estate value is over $280 trillion. Hence, investing in this sector will give good returns. To revolutionize the vacation homes and luxury villas sector, Everlodge has come up with a unique platform.
The platform will launch a property marketplace where people can fractionally invest in vacation homes, hotels, and other similar holiday properties for as low as $100. It is the world’s first blockchain platform that has combined vacation home ownership with NFT technology.
The platform will mint non-fungible tokens against real-world properties, like hotels and luxury villas. Thereafter, it will fractionalize the NFTs to allow small investors to invest in the property. Since the NFTs are backed by real-world properties, their value is immune to market speculations.
ELDG is the native token of the platform. It will offer many benefits to its holders, such as discounts on property purchases and trading fees, holiday giveaways, staking rewards, and more. The presale of the tokens has started, with a price of $0.01.
The platform will supply only 480 million tokens during the presale. So, hurry because these presale tokens are selling out fast. Experts say that the project’s market value can increase by 280% during the presale, and 30x on the launch date.
Find out more about the Everlodge (ELDG) Presale
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.
-Advertisement-
