ethereum's superiority has been demonstrated in the last two months. The project value has skyrocketed to over $2,300, and ethereum's daily trading volume has consistently reached over $10 billion across centralized and on-chain exchanges.
Two projects that might be worth checking out are Axie Infinity and Everlodge. A recent update could reignite the fire behind Axie Infinity, and Everlodge's value continues to rise as its pre-sale increases.
ethereum ETF delayed by SEC
In the last 7 days, ethereum has decreased by 0.1% and its daily trading volume has dropped to $9.7 billion. This drop has been caused by two events.
First of all, the overall growth of the crypto market has slowed down. Many projects have fallen more than 5% and investment activity has also decreased. Second, the US Securities and Exchange Commission (SEC) has delayed its decision on several ethereum exchange-traded fund (ETF) applications.
According to Bloomberg ETF analyst James Seyffart, there have been delays in applications from Hashdex and Grayscale, which were expected to be resolved by December 25. The SEC has stated that the reason for this delay is to gather more opinions from the public on whether ethereum ETFs should list or not.
Axie Infinity seeks to rebuild its community
If you asked an nft expert about the best P2E games ever made, Axie Infinity would be on this list. Axie Infinity rose to prominence in 2021, although its value plummeted following the 2022 bull market. Now, the project announced that it plans to rebuild its community through exclusive merchandise.
Axie Infinity owners who own Mystic and Origin Axies will now be able to create their own exclusive merchandise. This decision is expected to help rebuild the Axie Infinity brand and has had a positive reaction so far. In the last month, Axie Infinity's native token, AXS, has increased in value by 15.88%, and experts believe that Axie Infinity could start attracting new players in 2023.
In 2023, Axie Infinity released a number of features, including a new evolution for players to enjoy. However, since the game still has a long way to go, Everlodge could be a more profitable investment.
Everlodge presents fractional investments in vacation homes
As ethereum investors begin to diversify, more people are buying Everlodge as the project continues to gain momentum. In Q4, the project sold out 7 pre-sale stages and its native token, $ELDG, is now selling for $0.027 per token.
Everlodge is the world's first decentralized marketplace for vacation homes. Here, users can buy, sell and invest in some of the most beautiful and profitable tourist real estate in the world. He Everlodge The marketplace promises to connect buyers and sellers of tourism properties while removing barriers to entry into the market.
After registering and creating their account, investors will be able to search for properties for sale on the Everlodge marketplace. They can then purchase a fraction of the nft that represents the equity in the property. The nft smart contract will contain all transactional data, including the deed to the property.
Once an investor purchases equity in a property, they will generate a monthly income from it. This income will vary depending on how much the property earns, as well as how much equity the investor has. The higher his wealth, the more they will earn.
This unique ecosystem promises to also offer a launchpad for real estate developers, free stays for ELDG token holders, and more.
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