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Ripple (XRP) And Cardano (ADA) Seek Balance While Everlodge (ELDG) Blasts Past Historic Growth Records

Everlodge has unveiled a revolutionary Web3 platform that is set to revolutionize the hospitality industry. This platform is designed to provide users with the opportunity to fractionally own vacation homes, hotels, and luxury villas. It will make this possible through non-fungible tokens (NFTs).

Spotlight Desk

Updated on: 18 September 2023 8:20 am

Everlodge (ELDG)

The presale of Everlodge has filled the crypto market with enthusiasm. Investors are rallying behind this project wholeheartedly. Thus, the first two stages of its presale sold out before its due date.

Experts have forecasted this project to grow by at least 3,000% in the coming months. Meanwhile, long-standing projects like Ripple (XRP) and Cardano (ADA) have lost their momentum.

Join the Everlodge presale and win a luxury holiday to the Maldives

Ripple Releases 1 Billion XRP Tokens

In a major strategic move, Ripple has unlocked one billion XRP tokens from its escrow accounts. According to the official announcement, Ripple (XRP) executed the release of the tokens in four transactions.

Reportedly, the value of the transferred Ripple (XRP) tokens is $510 million. According to experts, this phased release of tokens is part of Ripple’s strategy to maintain a balanced supply of XRP.

Meanwhile, Ripple (XRP) has witnessed an increase in its adoption. Recently, Western Union integrated Ripple’s (XRP) blockchain technology. However, the price movement of Ripple (XRP) still has a bearish bias, following a 21% drop in the past month. Currently, Ripple (XRP) is available to trade at $0.49.

Cardano (ADA) Sees Rise In Development Activity

In recent weeks, Cardano (ADA) has posted a mixed performance. While Cardano (ADA) has witnessed growth in some key metrics, it has suffered a fall in a few others. According to the latest data, Cardano’s (ADA) development activity has been second only to Polkadot.

Development activity of the Cardano (ADA) network was 553 in the past month. Staking of Cardano (ADA) tokens has also witnessed a steady rise. Nonetheless, the data from Token Terminal has revealed that the fee earnings of Cardano (ADA) have seen a 33% decline.

Meanwhile, the market value of Cardano (ADA) has plunged by 9% in the last 30 days. Consequently, the current trading price of Cardano (ADA) has dropped to $0.24.

Everlodge?(ELDG) Ticks All The Boxes For Bull Run

A research report suggests that the average revenue per user (ARPU) of the Vacation Rentals market is expected to be around $116.70. Therefore, there is an ever-growing desire to own real estate properties among investors.

The platform will create NFTs for vacation properties, and break them into fractions. Hence, small investors will get a chance to invest in luxury properties, starting at just $100. The platform will also encourage the idea of co-ownership of real estate properties. Since these NFTs are backed by real estate properties, their market value stays safeguarded in the event of a bear market.

ELDG, the native cryptocurrency of the platform, will provide its owners with a wide range of benefits, like discounts on trading fees, and staking rewards, as well as holiday giveaways. The presale of the token is currently in stage 3, and its buying price is $0.018.

Moreover, the platform will have a total supply of 800 million tokens, of which 480 million ELDGs?will be available during the presale round. Market pundits are sure that the value of this platform will surge by 280% during the presale phase, and 3000% upon the launch.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge