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ApeCoin and Fantom have failed to perform during the recent market surge. While most projects saw slight price increases, both Apecoin and Fantom decreased. Following this decrease, investors are selling their tokens to limit losses.
Meanwhile, Everlodge is gaining traction as investors await for its presale to begin. This exciting new project could disrupt the travel property marketplace using NFT technology. Furthermore, its native token, ELDG, is expected to offer high returns alongside a number of benefits. As a result, investors are planning to buy Everlodge over ApeCoin and Fantom.
Join the Everlodge presale and win a luxury holiday to the Maldives
Everlodge Introduces Fractional Property Ownership
As of 2022, the global vacation rental home property market is worth $82.63 billion. However, the barriers to entry are extremely high for many investors. Everlodge plans to solve this issue by letting investors fractionally invest in vacation properties.
This process will begin when a seller mints their property as a fractionalized NFT. Once fractionalized, the NFT can be purchased by the Everlodge community, which can buy a percentage of a property instead of the full price.
For example, instead of paying $3 million for a luxury villa, they can buy a share in the property for $300k. In addition to decreasing the barrier to entry, NFT smart contracts simplify the purchasing process. Instead of needing endless paperwork, all data is stored on the blockchain.
This application could revolutionize holiday property purchases. As a result, analysts believe that Everlodge could experience returns of over 30x once its token is released on Uniswap and other Tier-1 exchanges.
Investors looking for passive income opportunities will be able to take advantage of Everlodge’s rewards club and Launchpad. The rewards club will provide Everlodge token holders with free stays at properties. These can be sold for additional income. Alternatively, investors can use the Everlodge Launchpad to invest in new developments. Once complete, investors will generate high returns on their initial investment.
During the first phase of its presale, Everlodge tokens will be sold for $0.01. This will increase at each stage through Everlodge’s dynamic pricing model, hitting $0.035 before its presale is finished.
ApeCoin Hits New All Time Low
ApeCoin decreased by 16.71% in July, hitting a new all-time low of $1.77. Despite many experts predicting that Apecoin would become the next big memecoin, the project has faced consecutive lows in 2023.
This decline has been caused by a lack of interest in the NFT market. In 2023 alone, the demand for NFTs has fallen by 95%. As ApeCoin is linked to an NFT collection, its value has fallen. With the future of NFTs now being called into question, it’s likely that Apecoin’s value will continue to drop throughout August. As a result, investors are now selling their Apecoin to reduce losses and purchase more lucrative cryptocurrencies.
Fantom Is Down 93% From It’s All-Time High
Fantoms’ price has crashed by 25.90% in the last thirty days. What was once a key Ethereum competitor is now struggling to keep up with its competition. At the time of writing, Fantom had fallen to $0.2366.
As Fantom continues to fall, analysts believe that Fantom could hit $0.2 before the end of August. This would be a devastating blow for the Fantom community, and will likely cause a rise in Fantom sell orders.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
