Stellar (XLM), Axie Infinity (AXS), and Everlodge are the most-covered cryptocurrencies these days. However, experts are convinced with Everlodge, a new project with a first mover advantage. Therefore, investors have also rushed to this project for better gains.
Join the Everlodge presale and win a luxury holiday to the Maldives
Stellar (XLM) Gains From Ripple-SEC Issue
The ongoing legal tussle between Ripple, and the SEC is indirectly benefiting Stellar (XLM). Both Ripple and Stellar work to improve cross-border payments, and XLM’s legal status is better than XRP.
This, in turn, has increased the adoption of Stellar (XLM) among risk-averse firms. However, Stellar’s (XLM) price is 22% down on the monthly chart. Thus, the current trading price of Stellar (XLM) has dropped to $0.12.
Meanwhile, as per the data from Santiment, Stellar (XLM) has witnessed a significant surge in its social volume in the past few weeks. LunarCrush’s data has also shown that the social engagements of Stellar (XLM) have increased by more than 76% in the last week.
Axie Infinity (AXS) Sees Improvements In Network Health
The latest data from DappRadar has shown some improvements in the Axie Infinity (AXS) ecosystem. As per the data, the number of active wallets interacting with Axie Infinity (AXS) has increased by 60% in the past month.
Moreover, the total transaction count of Axie Infinity (AXS) surged by 72.39% during the same period. According to analysts, the reintroduction of the Streamer Rewards Program has worked as a prime catalyzer behind Axie Infinity’s (AXS) latest growth.
This comes at a time when Axie Infinity (AXS) is struggling to strike a balance on the price chart. Axie Infinity’s (AXS) market value has dipped by 24% in the past 30 days. Thus, Axie Infinity (AXS) is currently trading at $4.89.
Everlodge (ELDG) Treads On To Become A Blue-Chip Project
Owning a vacation home, luxury villa, or hotel had never been easier. Revolutionizing the global vacation rental market, Everlodge has brought a new platform with unique features. As per a market research report, the global vacation rental market size can grow at a CAGR of 5.3% from 2023-30. Therefore, investors have taken a keen interest in this new blockchain platform.
The new blockchain platform has planned to launch a property marketplace. It is touted to be the world’s first Web3 platform that has clubbed NFT technology with holiday home ownership.
The platform will mint non-fungible tokens (NFTs) against real-world properties, like luxury hotels. Next, it will fractionalize the NFTs to allow small investors to invest in a particular property. These NFTs come with the backing of real-world properties. Property developers can also use the “Lending” feature of the platform to raise money for upcoming projects.
ELDG is the native crypto of the platform, and will offer multiple benefits to its holders, such as staking rewards, discounts on property purchases, and more. The platform users also get access to the Rewards Club. The club allows users to get free stays at select hotels in the platform’s ecosystem. To maintain stability, the platform’s liquidity pool will be locked for 8 years, and team tokens for 2 years.
The presale of ELDG tokens is live, with a starting price of $0.01. However, in the next stage, it will reach $0.012. Moreover, the platform will release only 480 million tokens during the presale phase. Experts believe that the project’s market value can increase by 280% during the presale, and 30x on the launch date.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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