Dogecoin is struggling in 2023. Its value has fluctuated dramatically, and the project is now down 89.67% from its all-time high. With its competitors now building greater utility, experts believe that Dogecoin could face additional price declines.
Meanwhile, the Everlodge presale is in full swing. The beta stage of its presale has started with a boom and excitement around the project is building daily. On its current trajectory, Everlodge will rally by at least 240% during its presale.
Everlodge Lets Investors Co-Own Vacation Homes
Everlodge is breaking down the barriers to vacation home ownership. The project applies DeFi technology to the vacation property market, allowing investors to fractionally invest in vacation properties. Its marketplace will include hotels, vacation homes, and luxury villas, which can be purchased once an investor creates an account.
Everlodge eliminates the complications surrounding traditional real estate investments, making it easy for investors to invest in vacation homes. Rather than buying an entire property outright, investors can buy fractional NFTs. Each NFT will represent a percentage of ownership of the property.
For example, one NFT could represent a 10% share in a $2 million luxury villa, reducing the price to $200,000. Furthermore, due to the use of smart contracts, all data is stored on the blockchain, and therefore no paperwork is required.
As well as generating a passive income through property ownership, investors will also be able to invest in property developments. Everlodge has developed a launchpad for developers, allowing investors to support the latest projects. In doing so, they could make significant returns on their investments.
To give early investors peace of mind, Everlodge has been audited by BlockAudit. Furthermore, the project’s liquidity pool will be locked for eight years, removing any risk of a rug pull.
Everlodge tokens are currently selling for $0.01. Investors who purchase tokens during the current beta phase will get a 30% bonus on any investment they make. This bonus, as well as a number of rewards, has put ELDG tokens in high demand.
Token holders will also be eligible for free nightly stays at properties in the Everlodge ecosystem. These stays can be used as an additional income source should an investor choose to sell them. Alternatively, they can use them as a free holiday.
Given its potential, investors are choosing Everlodge over many alternatives, such as Dogecoin, which has struggled to gain traction since its 2021 bull run.
Could Dogecoin Lose Its Title As Number 1 Memecoin?
Dogecoin has been heavily criticized in 2023. The project’s lack of developments has caused investors to question the future of Dogecoin. With top competitors such as Shiba Inu building their ecosystems, analysts believe that Dogecoin could soon lose its spot as the world’s top memecoin.
At the time of writing, Dogecoin had experienced a short bull run, increasing in value by 2.59% over the last 7 days. However, this bull run could be short-lived. Experts predict that Dogecoin could fall in August as its lack of utility causes more investors to sell their Dogecoin.
As a result, some Dogecoin holders are now diversifying their portfolios and investing in the Everlodge presale.
Find out more about the Everlodge (ELDG) Presale
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