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The trading volume for the Chainlink (LINK) cryptocurrency recently decreased by 27.34% following its overall price dip. However, while that altcoin has been on a downward trend, others have begun to spike in value. Everlodge is an upcoming real-estate platform enabling anyone to begin investing starting at just $100. With its recent momentum, its price target is $0.035. Join us as we take a look if Chainlink can recover to $8 and if Everlodge can reach its target.
Summary
- Chain Link decreased in value by 3% during the past two weeks
- Everlodge is the first platform to enable fractional vacation home ownership with a timeshare
- The token can reach $0.035 at launch, according to analysts
Click Here To Find Out More About The Everlodge Presale
Chainlink (LINK) Price Dips and Struggles to Recover
The Chainlink (LINK) cryptocurrency ranks 22nd in market cap on the top 100 list. It had an all-time high of $52.70 on May 10, 2021. Now, as of August 6, 2023, the Chainlink price is $7.12. During the past seven days, the Chainlink crypto saw its low point at $7.04, with its high point at $7.70.
Now, the altcoin must break past the $8 price barrier to reach new heights. Consequently, however, the LINK crypto fell by 11.3% in the past two weeks. In addition, during the past week, the cryptocurrency has seen a price decrease of 6.8%. This dip in value has left many investors worried, but there is still potential for this altcoin. According to the Chainlink price prediction, it can reach a maximum point of value of $9.12 by the end of 2023.
Everlodge (ELDG) Expected to Reach $0.035 As Next Price Target
Everlodge is an upcoming, innovative real-estate platform that can forever change how the average person looks at real-estate investment. This asset class has been historically locked only to the very wealthy, but through the implementation of blockchain technology, anyone can now get into it affordably.
On top of Everlodge, each luxury home, villa, or other real estate asset gets digitized and is minted as an NFT. Moreover, each NFT can then get fractionalized and split across multiple fragments. In addition, instead of someone needing $1,000,000 in order to get exposure to the asset, they can invest just $100 and get a fraction of it.
When it increases in value or gets rented out, the value of the NFT will also increase and provide passive income to the investor. The Everlodge ecosystem also features a dedicated marketplace.
Anyone can buy, sell or invest in fractional real estate through it. They can even co-own. The Rewards Club is also a significant point of appeal for many investors. Subsequently, anyone in it can get free nightly stays across all the ecosystem’s properties and hotels.
Like timeshare, depending on the tier, users will have a fixed amount of free nights on an annual basis. They can resell these nights and generate even more capital as a result. Users are fully decentralized and control their own assets whilst also holding their own encryption keys.
During the early presale stages, the ELDG token trades at $0.01. Its next price target is $0.035 when it launches. The Everlodge team aims to raise $12 million during the presale. They will also launch the token on Uniswap and Tier-1 exchanges. As a result, this upcoming project is building the world’s first property marketplace for fractional vacation home ownership.
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.
