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HomePress ReleaseCan Chainlink Surpass The $10 Mark? Groundbreaking Altcoin Draws Huge Interest

Can Chainlink Surpass The $10 Mark? Groundbreaking Altcoin Draws Huge Interest


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Chainlink is pulling in a significant number of investors this month, but can it cross the $10 threshold? As the market watches Chainlink’s trajectory with bated breath, another intriguing development is taking shape. Everlodge, a decentralized timeshare project, is running a presale event of discounted tokens. Let’s take a closer look at these two investor favorites.

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Join the Everlodge presale and win a luxury holiday to the Maldives

Can Chainlink (LINK) Surpass the $10 Mark?

Chainlink is a decentralized oracle network built on Ethereum that aims to bridge the gap between smart contracts on the blockchain and real-world applications.

Chainlink had a breakthrough in the 2020/2021 bull run, when the price of Chainlink soared from around $2.25 to over $50, driven in large part by the explosion of decentralized finance (DeFi).

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DeFi applications often need reliable, real-world data (such as the price of cryptocurrencies or traditional assets), and Chainlink has become a go-to solution for providing this information in a decentralized way.

However, the bear market of 2022 caused the Chainlink price to drop significantly to under $5. But the Chainlink team has shown resilience and adaptability, with the launch of Cross-Chain Interoperability Protocol (CCIP).

This new feature allows for the seamless interaction of multiple blockchains, and importantly, it’s been leveraged by financial messaging service Swift to optimize their crypto payments.

This important upgrade and partnership has led to renewed optimism for Chainlink. Analysts note that Chainlink has been consistently facing resistance around the $10 level, but the recent progress and increasing adoption of its Oracle services could finally push the price above this hurdle.

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If Chainlink can maintain its momentum and breakthrough in the wider adoption of its services, some even project that Chainlink could reach as high as $100 in the next bull run.

Everlodge (ELDG): The Potential for Exponential Gains Amid Chainlink (LINK)’s Slow Ascent

Everlodge, a groundbreaking platform in the real estate arena, is offering something truly unprecedented: the opportunity for fractional ownership of vacation homes and luxury properties.

Imagine owning a piece of a stunning villa in Miami or a luxurious hotel in Paris without the financial burden of full ownership. Everlodge’s digitization and fractionalization of real estate into NFTs make this dream a reality.

Here’s how it works: A multi-million-dollar property is minted into an NFT, the titles and deeds encapsulated within the smart contract’s metadata. Then it’s fractionalized, allowing for ownership fragments as small as $100. As the property’s value rises, so does the value of your piece of the pie.

But Everlodge goes beyond mere ownership. The platform acts as a launchpad for property developers to raise capital and a hub for users to trade their property-backed NFTs. It even offers a lending element, enabling users to leverage their property holdings for loans.

The platform’s Rewards Club adds another layer of allure, offering free nightly stays across various properties, with the potential to resell these nights for passive income. Imagine a world where your investment not only grows but also lets you vacation in luxury properties worldwide.

The heartbeat of Everlodge’s universe is the ELDG token. This utility token is used as a means of payment, staking, and rewards within the platform. Holders can even stake their ELDG tokens to receive passive income payments in various cryptocurrencies.

Right now, ELDG tokens are being offered at a mere $0.01 during the initial presale phase. However, the price will ascend with each subsequent phase. Analysts are eyeing an impressive rally when ELDG hits major exchanges, with forecasts predicting exponential gains of 3,000% during 2023.

Find out more about the Everlodge (ELDG) Presale



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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.



PR Desk is a guest author on TheCryptoBasic and only delivers sponsored content. Hence, views and opinions published under PR Desk are exclusively theirs and should not be taken as investment advice. If you want to publish your PR, please contact [email protected] or [email protected]

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