Why Are Cosmos and Ethereum Holders Shedding Their Tokens? Community Find New Market Champion In Everlodge

The presale of Everlodge has become one of the most cherished events of 2023. Due to its high-value proposition and unique business roadmap, this new project has become the most sought-after investment option.

Experts are also putting this new project over Cosmos (ATOM) and Ethereum (ETH).

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

Cosmos (ATOM) Suffers Drop In Liquidity After Terra Collapse

A recent report has revealed that the collapse of Terra had made a severe impact on the Cosmos (ATOM) network. The report has shown that the Cosmos (ATOM) network’s liquidity has slumped significantly after the Terra fiasco. Thus, investors have raised concerns about the stability of Cosmos (ATOM).

Subsequently, the price of Cosmos (ATOM) has also taken a downturn. In the past 30 days, the price of Cosmos (ATOM) has plummeted by 17%. Therefore, the current trading price of Cosmos (ATOM) has come down to $7.88.

The data from LunarCrush has also revealed an increasing bearish sentiment around Cosmos (ATOM). Reportedly, bearish sentiments around Cosmos (ATOM) have intensified by more than 23% in the past week.

Ethereum (ETH) Plunges As Big Investors Lose Interest

The price trajectory of Ethereum (ETH) is getting worse day-by-day. In the first few months of 2023, Ethereum’s (ETH) market value was swinging between $1800 and $2000. However, in recent months, Ethereum (ETH) has turned bearish with constant price drops.

In the past thirty days, the market value of Ethereum (ETH) has plunged by more than 11%. As a result, the current price of Ethereum (ETH) has fallen to $1,675.72. Moreover, investors are getting disenchanted with Ethereum (ETH) as it hasn’t been able to touch the psychological mark of $2,000 for quite some time.

Now, a report has revealed that institutional investors in the US are showing less interest in Ethereum (ETH). This, according to experts, has hurt the price trajectory of Ethereum (ETH).

Presale Everlodge (ELDG) Investors May Get Millions In Returns

According to a research report, the market size of the global real estate industry is expected to grow at a CAGR of 5.2%, and reach $5.85 trillion by 2030. To encash this growing opportunity, Everlodge has unveiled a state-of-the-art Web3 platform that has disrupted the crypto market as well as the hospitality industry.

The platform will help people own vacation homes, and luxury villas for just $100. The platform will mint NFTs against vacation properties, including luxury villas and hotels. Thereafter, it will fractionalize the non-fungible tokens. Thus, small investors will be able to purchase them. The platform’s eco comprises four components: Launchpad, Rewards Club, Lending, and Marketplace.

ELDG is the native crypto of the platform, and its holders will get multiple benefits. These benefits include discounts on transaction fees, property raffles, and holiday giveaways. Besides, staking rewards will also be given to the token holders. An independent auditing firm has audited the smart contract of the tokens. The platform’s team has also completed a KYC.

The presale stage of the platform has started, and the tokens are available to purchase at $0.01. However, their value is expected to pump by 280% during the presale phase. To maintain stability on the platform, Everlodge will lock the team tokens for two years, and the liquidity pool for eight years. As per its whitepaper, the platform is eyeing to raise $12 million during the presale.

Find out more about the Everlodge (ELDG) Presale

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