The crypto market has recovered today with tokens like Avalanche (AVAX) and Aave (AAVE) showing gains on the daily chart while nursing losses on the weekly chart. Meanwhile, a new crypto project, Everlodge (ELDG), is poised to revolutionize the real estate investment sector. The platform’s innovative solution aims to allow individuals to invest in real estate and earn profits without having huge capital.
Summary:
- Avalanche is showing mixed sentiment.
- Aave is still trading below the 20, 50, 100, and 200-day EMAs despite its price jump.
- Everlodge stage 2 presale is almost ending.
Join the Everlodge presale and win a luxury holiday to the Maldives
Avalanche’s (AVAX) HyperSDK Blockchain Upgrade Hits 140k TPS
According to reports, Avalanche’s testnet has reportedly achieved over 140,000 transactions per second during the testing of its HyperSDK blockchain upgrade.
Ava Labs, the organization behind this achievement, said the HyperSDK will be beneficial to developers. It will allow them to seamlessly connect to a lightning-fast execution environment, without writing extensive code from the ground up.
As a result of the announcement, the price of Avalanche crypto has increased by 4% to trade at $9.48. However, Avalanche’s RSI value is at 26.24, which indicates that the Avalanche market is in an oversold position. The RSI indicator suggests that the Avalanche crypto price could increase further.
Aave (AAVE) Still Under Bearish Control Despite Price Surge
Aave is showing a bearish sentiment on the higher timeframes. Besides, the price has been unable to break above the bearish trendline. The Aave coin bulls pulled off a minor rebound from the $50 psychological zone in mid-August.
However, they have been unable to cause a rally, primarily because of the prevailing intense selling pressure. The Aave crypto price has increased to $53.98, following a 3.11% price increase. According to technical indicators, the current sentiment of the altcoin remains bearish.
Aave recorded 12/30 (40%) green days with 5.66% price volatility over the last 30 days. Also, the price of Aave is trading below the 20, 50, 100, and 200-day EMAs, a sign of bearish momentum.
Everlodge (ELDG): Invest in Real Estate With As Little As $100
Everlodge is a relative newcomer in the crypto landscape compared to established players like Aave and Avalanche. However, analysts believe it has the potential to emerge as a dominant force as it addresses issues in the trillion-dollar real estate sector.
Its innovative concept will allow fractional ownership of million-dollar real estate properties. This concept has generated considerable market buzz, fueling a substantial presale momentum. Several factors contribute to Everlodge’s promising trajectory. Firstly, it eliminates high entry barriers by enabling investors to start with just $100 instead of needing huge capital.
Secondly, it enhances transparency by recording all deeds and ownership details in the metadata of each NFT. Thirdly, it offers a dedicated Launchpad for developers to launch new projects, providing investors with significant ROI opportunities.
ELDG token holders will enjoy access to multiple free nightly stays annually. They can also stake their tokens to earn passive income. In Stage 2, the token is trading at just $0.018, marking a 60% increase from its beta stage. At this rate, analysts project a potential 35x spike at launch.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io
Telegram: https://t.me/everlodge
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