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Crypto Reporter

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Chainlink (LINK) and Avalanche (AVAX) Take Backseat as Community Cheers for Everlodge (ELDG)

August 30, 2023 By Crypto Reporter PR

Chainlink (LINK) and Avalanche (AVAX) have been feeling less positive in their communities lately. Even though Chainlink (LINK) and Avalanche (AVAX) have done good things for blockchain, there’s a new player that’s getting a lot of excitement and interest – Everlodge.

Join the Everlodge presale and win a luxury holiday to the Maldives

Chainlink (LINK) Price Drops as Community Waits for Staking v0.2

Chainlink (LINK) is facing some challenges. One challenge is its staking initiative. Staking is a way to help secure a blockchain network. Chainlink’s staking initiative, called Chainlink Economics 2.0, uses staked LINK tokens to enhance network security.

Some people think it is a good idea, while others have concerns. One concern is that the v0.1 release of Chainlink (LINK) Staking did not achieve enough decentralization.

The community is hoping that the upcoming v0.2 release of Chainlink (LINK) Staking will be more comprehensive, and will balance flexibility and security better. However, the price of Chainlink (LINK) is $6.04. Thus, Chainlink (LINK) has gone down by 4.19% in the last 24 hours.

Avalanche (AVAX) Faces Challenges and Price Dips

Avalanche (AVAX) is currently facing some challenges. The Avalanche (AVAX) Foundation tried to encourage Dexalot but the project has not been without its problems. Dexalot has been criticized for its high gas fees, and slow transaction speeds. Additionally, the Subnets feature, which was designed to make trading faster and more efficient, has not been as successful as the Avalanche (AVAX) team had hoped. Some users have complained that Subnets are not as secure as the main Avalanche (AVAX) network.

Additionally, the price of Avalanche (AVAX) is $10.04, and went down by 0.57% in the last 24 hours. Currently, Avalanche (AVAX) is 8.42% lower than it was 7 days ago. Compared to the highest price it ever reached, which was $146.22, Avalanche (AVAX) is lower by 93.09%.

Everlodge (ELDG): Own a Piece of Property for $100

Experts anticipate that the size of the global fractional ownership market will hit $33.7 billion by 2028. It’s set to grow steadily at a rate of 12.3% from 2021 to 2028. This boost is because more and more people are preferring vacation rentals, causing real estate prices to go up.

Everlodge is a new platform that will use blockchain technology to make it easier for people to own property. It will do so by allowing people to buy fractional ownership of properties in the form of NFTs. Thus, you will be able to own a piece of a vacation home, a luxury apartment, or even a commercial building, even if you can’t afford to buy the whole thing.

Everlodge will also have a Rewards Club that gives members perks like discounts on stays, and free upgrades. This will make owning property through the platform even more attractive.

Additionally, Everlodge will also allow people to borrow money against their property-backed NFTs. This can be helpful if you need cash for a down payment on a new home, or to pay for unexpected expenses.

Currently, in the first presale stage, the ELDG token costs $0.012. But there’s an expectation that it will soon rise to $0.016, marking a 33% increase. Moreover, experts think its value might go up by 4,000% before it officially launches.

Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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