The $82B Magnet: Cardano (ADA) and Polkadot (DOT), Traders Are Betting Big on Everlodge (ELDG)

2 views 7:37 am 0 Comments December 19, 2023

.post-author {
position: relative;
padding-bottom: 0px;
height: 28px;
}
.author-image {
position: absolute;
bottom: 0;
left: -60px;
width: 100%;
border-radius: 0%;
cursor: pointer;
}
@media only screen and (max-width: 600px) {
.img {
position: absolute;
left: 20%;
width: 250px;
height: 200px;
}
.author-image {
left: 0px;
width: 100%;
}
.code-block.code-block-1 .container {
padding: 0px;
}
.post-author {
margin-bottom: 0;
}
}

Your Image Description

Cardano (ADA) and Polkadot (DOT) are two of the most promising cryptocurrency projects in the industry, with a combined market capitalization of over $30 billion. So why are the top holders diversifying their holdings into the Everlodge (ELDG) presale? This new market entrant is shaking up a $82b industry with an innovative use of fractionalized NFTs. Let’s take a closer look.

Everlodge (ELDG) Soars as Crypto Giants Diversify into Real Estate NFTs

Everlodge has a noble mission to make vacation home ownership accessible to a wider audience. The experienced team is breaking down the barriers to entry in the luxury real estate market by offering fractionalized ownership through the use of non-fungible tokens (NFTs). 

$100 is the minimum investment for individuals to gain exposure to a portion of top-tier properties in the most desirable locations, whether London, Paris, or New York. Middlemen, such as brokers and agents, are removed from the equation to reduce costs and increase accessibility. 

The ELDG token is the utility and governance token for the Everlodge platform. Holding it gives access to the best vacation deals, cheaper fees, staking rewards, access to prize giveaways, and more that has yet to be revealed. It’s easy to see why its price has surged by 170% recently. 

Everlodge’s appeal lies not only in its groundbreaking model but also in its potential for significant financial returns. Not only can users get passive income from properties they invest in, but the ELDG token is expected to appreciate as the platform gains traction. The current presale price of $0.027 could be a bargain in the long run. 

Everlodge is poised to shake up the vacation home ownership market as it enables more people to experience the luxury lifestyle at a fraction of the cost. Analysts recently forecast a 30x surge in the value of the ELDG token when it hits Uniswap in 2024. 

Visit Everlodge

Cardano (ADA) Community Enticed by Everlodge’s Fractional Ownership Model

Cardano is a layer-1 that takes a slow, scientific approach to building a robust blockchain platform.  It promises to be a more scalable, interoperable, and sustainable alternative to Ethereum. This philosophy led to a 100x gain during the 2021 bull run as excitement around the possibilities of smart contracts on Cardano grew. 

However, this event marked the top of the Cardano price as investors took profits after the hype subsided. After reaching a low of $0.22 this year, the price of Cardano has now bounced back to $0.56 as the Voltaire phase nears completion. 

This phase will see the development of governance mechanisms allowing Cardano stakeholders to vote on proposals to improve and upgrade the network. This is expected to finally establish Cardano as a finished product, attracting more developers and businesses to build on the platform.  

However, some Cardano holders are in the game for profits, not the tech. That’s why they are using the recent ADA pump to sell some of their holdings and grab ELDG tokens at discounted presale prices. Cardano is still a long-term hold, but the predicted 30x gains when Everlodge launches is a tempting opportunity for many. 

Will Polkadot (DOT) Reach $100?

Polkadot distinguishes itself in the blockchain space as a network of interlinked blockchains known as parachains. These individual parachains run concurrently, each governed by its rules and consensus algorithm. 

By doing this, Polkadot addresses the congestion issues associated with modular networks like Ethereum. Polkadot rallied by more than 20x as people realized its potential and how it could alleviate some of the issues faced by Ethereum. 

However, the price of Polkadot would later fall to a 2023 low of $3.66 as the bear market persisted. Today, it’s trading at $7.24 after a 20% pump in the last week. Chart analysts now watch the $10 level as the next key resistance level before a possible breakout to $16.

The psychological $100 price point is a dream target for many Polkadot holders. This would give Polkadot a fully diluted market cap of $139 billion, making it the third-largest crypto after Bitcoin and Ethereum. 

It is unlikely for Polkadot to reach $100 in 2024, but it could reach it by 2028 as the whole cryptocurrency market continues to grow. Some Polkadot holders aren’t willing to wait that long and have joined the Cardano holders in selling some of their DOT for ELDG tokens.