In the events leading to the bull run, some tokens are exhibiting bearish tendencies while some are mounting bullish challenges. The market stats show that WEMIX (WEMIX) is battling bear pressure while Gala (GALA) is gaining attention after falling to the bear market earlier in the year. Meanwhile, the highly anticipated news is here. Everlodge (ELDG) has finally been listed on the Uniswap exchange. This top DeFi crypto is set to redefine the real estate world while making luxury affordable to everyday investors.
Everlodge (ELDG)
With WEMIX and Gala both having an element of bearish pressure, investors of the Everlodge project are excited as the ELDG token hits Uniswap. Everlodge completed its presale on January 29 with a massive acceptance from the crypto community. The platform’s unique solution to the monopoly of the rich in the real estate world has resonated with crypto investors.
By minting physical real estate assets into digitized NFTs and allowing investors to purchase each fractional NFT with as little as $100, Everlodge will create a pathway to wealth for many investors. Investors can also explore different Everlodge ecosystems such as a marketplace to buy and sell assets, a launchpad enabling the development of new projects, a reward club for only steadfast members, and a lending protocol to earn collateral loans.
With the Everlodge platform set to list the tokens in more Tier 1 crypto exchanges, now is the best time to join the project at a very good price point. Users can buy the ERC20 token, ELDG, for just $0.06 at Uniswap. Early investors have reported over 190% ROI from their investment. The token will be airdropped on Feb 16 to the community members for their unwavering support thus far.
In terms of security, the smart contract has been audited by InterFi Network with the KYC verified by the BlockAudit team.
WEMIX (WEMIX)
Having barely escaped the bear pressure in Q4 of 2023, the WEMIX price chart shows the dominance of the bears in the market since the turn of the year. The past month has seen WEMIX lose 21% of its price value with another 7% loss noticed in the weekly charts.
Despite these bearish struggles, enthusiasts are upbeat about the chances of the token staging a resurgence soon. WEMIX continues to get global adoption such as its recent listing on Spain’s largest virtual asset exchange – Bit2Me.
Gala (GALA)
The Gala (GALA) tokens bullish trajectory witnessed in the last days of 2023 to early January is under threat as the coin has been on a downtrend since the beginning of the year with the price dipping by 5.52% in the past 30 days. However, a strong bullish push was noticed in the Gala weekly charts, after its price value was recorded at 9.70% in the past week.
Other Gala key metrics such as trading volume and market cap have also been going strong in the past week, signifying that the bulls are still dominant.
For more information about Everlodge (ELDG) please visit their website.
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The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
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Published: 13 Feb 2024, 06:44 PM IST