The XRP community is on alert after a multi-million dollar transaction with Ripple (XRP) whales.
Meanwhile, ethereum whales are on a buying spree, raising Ether holders’ hopes of a bull run. Furthermore, analysts have predicted a 10-fold price increase for Everlodgean upcoming real estate market web3.
Analysts predict growth as Everlodge enters vacation rentals
According to a recent prediction, more than one billion people will use vacation rentals by 2027. This makes it a promising opportunity for more investors to join the industry and benefit from the growth. Unfortunately, only a few people have the capital necessary to invest in vacation rental properties. This is where Everlodge comes into play.
Everlodge is a Web3 real estate marketplace that will make luxury vacation home ownership accessible to everyone. The platform will achieve this through co-ownership – multiple investors can own shares in a property. Everlodge will use NFTs to represent these properties and then split the NFTs into smaller pieces.
Now you can buy shares in a luxury apartment or hotel depending on your capital. If you need cash or instant money, you can sell the NFTs on Everlodge or ERC20 compatible marketplaces. The interesting thing about the Everlodge platform is that it offers more advantages. First, there is the Rewards Club where you can stay in hotels for free.
They can also get VIP membership, rate discounts and the opportunity to Win a holiday to the Maldives. Currently, the platform’s pre-sale offers ELDG tokens for only $0.02 each. Given Everlodge’s potential, some experts expect its value to increase in 2023.
XRP Whale (XRP) Moves $200 Million, Token Dump Coming?
On October 17, Whale Alert reported a whale transfer of 409 million XRP coins sent to the Bitvavo exchange. Unfortunately, it is not clear whether the whale wants to get rid of the tokens. Meanwhile, Ripple has witnessed 25 weeks of continuous inflows, demonstrating strong investor interest.
However, the price of Ripple (XRP) and its future trajectory remain a topic of debate. Currently, the XRP coin is trading at $0.488874, with low gains over the past week. The token price has yet to gain momentum as Ripple’s lawsuit with the US SEC persists.
However, Sistine Research, a cryptocurrency research company, has joined the price debate. The research firm argued that XRP is one of the tokens with a bullish chart in the crypto market. According to his prediction, the price of XRP will skyrocket by 200% to reach $1.5.
ethereum (eth) Whales on Accumulation Wave, Will eth Rise to $1,600?
On October 17, cryptocurrency market analysis platform Santiment revealed that ethereum (eth) whales are in accumulation mode. ethereum whale addresses with at least 1 million Ether now own 32.27% of the total ethereum in supply. The last time this happened was seven years ago.
This shows that whales are showing great interest in Ether. Meanwhile, ethereum has had a volatile ride in 2023. The ethereum coin started 2023 trading at $1,200 and then rose to a high of $2,139 in mid-April. Bearish pressure has driven the price of ethereum to $1,577.93 in October.
According to CoinMarketCap, eth has been stuck within the range of $1,530 and $1,750 over the past month. Although ethereum‘s technical indicators are bearish, Coincodex has forecast a 9.71% rise to $1,725 in the coming weeks.
Learn more about Everlodge (ELDG) pre-sale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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