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HomePress ReleaseX Acquires Licence For Crypto Payment Add-On. Will Chainlink (LINK), Aave (AAVE), Everlodge (ELDG) Rally Behind This News?

X Acquires Licence For Crypto Payment Add-On. Will Chainlink (LINK), Aave (AAVE), Everlodge (ELDG) Rally Behind This News?

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In a significant move that could reshape the landscape of cryptocurrency adoption, X has obtained a license necessary to offer cryptocurrency payment services within the United States. This development has sparked discussions about the potential implications for various tokens, including Chainlink (LINK), Aave (AAVE), and Everlodge (ELDG).

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How High Can Chainlink (LINK) Go?

Given the recent news, Chainlink (LINK) is poised to be a strong contender for long-term investment. As X ventures into cryptocurrency payments and trading, the potential integration of blockchain-based solutions becomes more apparent.

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Chainlink’s proven track record in providing secure and reliable data feeds for smart contracts positions it well to support X’s efforts in incorporating real-time price data and other crypto-related information. Not only that, in recent Chainlink news, a $20M airdrop occurred. This airdrop is available for qualified L2 Ethereum users.

Due to all these reasons, experts remain bullish on the Chainlink token. In fact, they foresee its price sitting between $8.14 and $9.12 by December 2023.

Aave (AAVE): To Soar Once More

Similarly, Aave (AAVE), a decentralized lending platform, might gain attention if X explores crypto lending and borrowing services options. The compatibility between Aave’s DeFi solutions and X’s vision could lead to new use cases and applications for Aave.

Additionally, Aave v3 recently added support for yield-bearing DAI as collateral. A day after the pool’s debut, individuals deposited $37M worth of sDAI onto Aave v3.

As the crypto landscape continues to evolve, Aave’s innovative DeFi ecosystem positions it well to capitalize on the growing interest in digital assets. Consequently, this makes Aave crypto appealing for long-term investors looking to align with evolving market trends. As a result, experts foresee its price sitting at $84.15 within Q4 of 2023.

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Everlodge (ELDG): An Upcoming Game-Changer

Amidst these discussions, Everlodge (ELDG), a project focused on revolutionizing the real estate industry, could also capture market interest. With its solutions for property ownership, Everlodge might find itself as a beneficiary of X’s entry into the crypto space. To clarify, Everlodge will build the first-ever fractional property marketplace on the blockchain.

Everlodge will digitize and mint luxurious properties such as villas, vacation homes, or hotels into NFTs on this marketplace. Afterward, these NFTs are fractionalized. As a result, Everlodge will eliminate the high upfront cost usually associated with the real estate market. Instead, anyone can become a fractional owner of a property for prices as low as $100.

Not only that, transparency has often been a concern in real estate transactions, with information not readily accessible to all investors. Everlodge stores all deeds and titles on the smart contract’s metadata, ensuring no fraud.

At the core of this project lies the ELDG token, which is now in Stage 1 of its presale. One ELDG token costs only $0.012, but Stage 2 and a rise to $0.016 is approaching. As a matter of fact, many experts foresee a 30x growth on its launch day. With plans of raising $12M during its presale, Everlodge could become a dominant force and a future blue-chip token.

Find out more about the Everlodge (ELDG) Presale

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DisClamier: 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 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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PR DESK
PR DESK
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