Polygon Whales Stockpile 120M MATIC, How Did The Price React?

Polygon has seen great attention from whale traders in the past week as they stockpiled 120 million MATIC coins. This comes as the platform draws near to its Polygon 2.0 goal. On the other hand, the Everlodge AI tool has become the talk of the crypto and real estate sector. Let’s find out what it does.

Polygon (MATIC) Whales On A Rally

Polygon (MATIC) experienced a notable price pump from mid-October to early November together with the crypto market. Unfortunately, bears came and pushed Polygon from $0.92 to the $0.70 region. As a result, traders have reduced their exposure to the Polygon crypto. 

On-chain data indicates that large investors, known as whales, have maintained their interest in accumulating Polygon MATIC. Ali Charts, a famous crypto trader, brought the crypto community’s attention to the massive accumulation. 

He tweeted that whales acquired more than 120 million MATIC tokens in the past week alone.  On the other hand, the Polygon network has also experienced great expansion. The number of active addresses on the network has surged from 120,000 to 385 million over the past three years.

Meanwhile, the Polygon price has been bearish in the past week as it fluctuated between $0.729539 and $0.791176. Although the Polygon coin showed a 1.9% drop on the seven-day, it held on to an 18.8% gain on the 30-day price chart.

Everlodge (ELDG) Unveils AI Tool To Ease Real Estate Market Monitoring 

Everlodge (ELDG) recently became the first platform to incorporate AI into its Web3 real estate marketplace. By using AI technology, Everlodge was able to track and analyze property prices all over the world in different regions in the past. This has allowed the platform to provide real-time information about property values in those areas. 

This tool could also predict undervalued markets. In addition, real estate investors can now discover hidden opportunities. For example, two years ago, Everlodge’s AI could have predicted the present outlook of the Dubai real estate market.

Everlodge’s conversion of real estate assets into NFTs is aimed at making owning property in the real estate sector more accessible. Everlodge’s primary goal was to increase access to real estate properties. Apart from real estate, Everlodge offered various projects. 

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The rewards club provided users with complimentary stays at different properties and hotels. The number of complimentary stays you could enjoy through the rewards club depended on your level of activity. Users get the opportunity to sell these overnight stays, creating an extra source of income. 

Everlodge tokens are up for purchase at a low price of only $0.025 each. A significant advantage of Everlodge was that ELDG tokens could be staked to earn rewards, similar to the way Polygon operates.

In the meantime, the Everlodge platform introduced a Christmas Meme Contest, which closed on December 4th. Traders could design festive memes that captured the essence of Everlodge and share them on X while tagging Everlodge. Attractive prizes for the winners – the first-place winner receives $500 worth of ELDG.

For more information about Everlodge (ELDG) please visit their website.