Everlodge (ELDG) has surged by 170% as investors flock to grab discounted tokens during an ongoing presale event. Such an incredible surge in value leads many to speculate that Everlodge (ELDG) could be the next project to 100x in value. Interestingly, holders of Tron (TRX) and Apecoin (APE) are swapping out their holdings for ELDG before the next price rise. Let’s take a closer look at this up-and-coming DeFi project.
Everlodge (ELDG): Forecasting 3,000% Gains
Described as “where Airbnb meets Web3,” Everlodge is set to disrupt the real estate market by offering fractional vacation home ownership via advanced NFT technology. Just $100 can give you a slice of the booming $82 billion global vacation property market.
This approach opens up a new world of possibilities for those who wish to invest in real estate but can’t afford its high costs. With Everlodge, the investment is decentralized, transparent, and accessible to anyone with an internet connection. The best part is that you can even receive passive income as a return on your investment.
We’re thrilled to announce that our website just got a makeover! ?
Check out the fresh look and discover the NEW features we’ve added. It’s all about making your experience even better!
Plus, remember that our Presale is still ON.
Explore now: https://t.co/SIYWBylwQD#RWA pic.twitter.com/aTuT8x7z36
— Everlodge (@EverlodgeHQ) October 23, 2023
Another talking point of the Everlodge platform is the Launchpad feature. Here, developers get access to a pool of investors looking to fund new real estate projects, while investors get exclusive deals. This creates a win-win situation for all parties.
The ELDG token is the fuel that powers the platform, and it’s currently being offered at a discounted rate of $0.027 during the eighth presale phase. This price is set to rise at the end of each phase, so the earlier you invest, the better your potential gains.
Holders of the ELDG token enjoy discounts on property purchases, lower transaction fees, reduced maintenance costs, and staking rewards. Additionally, they receive rewards such as complimentary stays at Everlodge properties, which they can use or monetize.
The $280 trillion global real estate industry faces high entry barriers, a lack of liquidity, and limited investment opportunities. This has led analysts to believe that the innovative approach offered by Everlodge could potentially disrupt this market, with 3,000% gains expected on launch day.
Does Tron (TRX) Have a Future?
Tron has climbed from $0.065 this spring to a peak of $0.1127 in November as the crypto market awakes from its slumber. While the current price of $0.099 represents a small correction in the last month, it is still a 100% gain since 2023 began.
However, while the recent price performance is encouraging, Tron is still below the 2018 high of $0.30. Plus, the current market cap of $8.80 billion leaves little upside room compared to other popular cryptos tackling real-world problems.
This limited growth potential and no high for six years has caused some Tron holders to jump into the Everlodge presale for greater potential gains. Everlodge has a current market of $21.60 million, which is a tiny fraction of the $280 trillion market it is targeting.
Technical analysis shows that the $0.11 level is the next resistance to break if Tron is to continue its recent upward trend. Should a move occur, the 2021 peak of $1.80 looks like the most obvious target to aim for.
Apecoin (APE): Understanding Its 96% Price Fall
ApeCoin was temporarily the talk of the town in 2022 amid the sharp rise in the Bored Ape Yacht Club (BAYC) NFT collection. However, with the bear market taking its toll on the NFT market, ApeCoin’s price has fallen 96% to the current price of $1.61.
The ApeCoin token was designed to have high utility within a thriving ecosystem. However, this utility has yet to take fruition, and the hype around the BAYC brand has waned to new lows. In fact, the floor price for the NFTs has fallen below 26 ETH from a high of 152 ETH.
Technical analysis of the ApeCoin chart shows that the strong resistance sits at $2 and $4, while the support levels lie at $1.50 and $1. The current price of $1.61 represents a 60% gain since the October low.
ApeCoin holders are taking this opportunity to sell their tokens and diversify into other projects with more potential for growth. Everlodge is one of the top choices for these investors, as it has rallied 170% in recent months and will keep rising until the presale event is over and launches on exchanges.