bitcoin (btc) and ethereum (eth) have long been a dominant force in the cryptocurrency world.
However, a new project, Everlodge, has emerged as competition for them. It has grown tremendously during its ongoing pre-sale round, where ELDG tokens are pre-sold.
bitcoin (btc) Price Outlook
Recently, bitcoin (btc) made headlines when it surpassed $45,000. However, this growth did not survive for long as several bitcoin (btc) investors look to lock in profits.
Interestingly, bitcoin (btc) is up over 150% this year, showing bullish signs. However, a portion of investors seem to believe that bitcoin (btc) could take a 180-degree turn in the coming weeks.
Therefore, they are selling their bitcoin (btc) tokens to capitalize on the current bullish market conditions. Meanwhile, the most recent sell-off has seen bitcoin (btc) drop 6% in the last week, which was quickly absorbed and is now trading at around $43,000.
Enjin NFTs move from ethereum (eth) to its own blockchain
The ethereum (eth) network has suffered a setback due to Enjin's latest decision. Recently, Enjin announced the transfer of 200 million NFTs from ethereum (to its own network). While the ethereum (eth) network remains the base blockchain for many NFTs, Enjin's departure may hamper its transaction volume.
This has come at a time when the cryptocurrency market is consolidating, aside from a few notable meme coins, of course.
Therefore, the current trading price of ethereum (eth) has remained at $2,259.
Everlodge shines 170% brighter in the eighth pre-sale stage
The vacation rental industry has been booming lately. According to the latest market data, there are around 1.3 million vacation rentals in the United States. Additionally, a new blockchain platform, Everlodgetry to make this industry more attractive.
This unique, state-of-the-art platform combines the concept of blockchain and vacation home ownership. Through this platform, you can own part of a luxurious hotel, villa or any vacation home for only $100. The platform plans to create and fractionate non-fungible tokens (NFTs) for real estate assets. Therefore, several people can own the same property at the same time.
The value of these digital tokens will be tied to the value of real-world properties. Interestingly, the platform will partner with famous real estate agents and hotel chains to add the best places to its ecosystem.
Additionally, the platform has taken measures to prevent rug pulling. It has locked the project's liquidity pool for eight years, while the team's tokens have a two-year lock-up period.
ELDG is the native token of the platform. The first seven stages of its pre-sale have been sold out and the price of one token is currently $0.027. This is a 170% increase from the token's initial price of $0.01.
Disclaimer: The above article is sponsored content; It is written by a third party. CryptoPotato does not endorse and assumes no responsibility for the content, advertising, products, quality, accuracy or other materials on this page. Nothing contained herein should be construed as financial advice. Readers are strongly advised to independently and carefully verify the information before participating in any company or project mentioned and to conduct their own research. Investing in cryptocurrency carries a risk of loss of capital, and readers are also advised to consult a professional before making any decisions that may or may not be based on the sponsored content above.
Readers are also advised to read CryptoPotato's full disclaimer.
Binance Free $100 (Exclusive): Use this link to sign up and receive $100 free and 10% off fees on Binance Futures for the first month (terms).
<!– ai CONTENT END 1 –>
