September 13th, 2023 at 8:15 pm UTC · 4 min read
Everlodge (ELDG), often hailed as the ‘Web3 AirBNB’, is rapidly attracting attention from Kava (KAVA) and Tezos (XTZ) holders. Notably, Everlodge is currently in the presale phase, presenting an exciting opportunity for early investors to get involved in this revolutionary project. Let’s take a closer look.
Join the Everlodge presale and win a luxury holiday to the Maldives.
Everlodge has been dubbed the ‘Web3 AirBNB,’ and with good reason. Taking the real estate game onto the blockchain, it offers a unique platform where luxury and accessibility converge.
By using fractional property ownership via NFTs, Everlodge has managed to open up the luxury real estate market to a broader audience, with entry points starting from a mere $100.
Where conventional real estate practices often shut out small investors, Everlodge’s model welcomes them. Handpicked premium properties undergo a tokenization process, leading to their digital representation on the blockchain, thus breaking down barriers and making luxury real estate a more democratized investment.
The fervor surrounding Everlodge’s innovative proposition has become undeniable during the ELDG token presale. Starting at $0.01 during the initial phase, the ELDG tokens are now priced at $0.012 after more than 3 million were sold in the first few weeks of the Everlodge presale.
This surge in interest wasn’t limited to novice traders. Veterans from the Kava and Tezos communities, platforms known for their rigorous blockchain solutions and smart contract functionalities, were among the top contributors.
These communities are known for identifying and backing projects with substantial real-world use cases. Everlodge, with its ambition to revolutionize the real estate landscape through blockchain, resonates with these values, making it a prime candidate for investment and support.
The crypto landscape is no stranger to innovations, but every so often, a project like Everlodge comes along, challenging norms and setting new benchmarks. Industry experts recognize the potential for everlodge to transform the billion-dollar vacation home market, and foresee a 30-fold return on investment for ELDG holders in the coming year.
The Kava platform is a suite of cross-chain DeFi solutions that includes stablecoins, loans, and yield-generating accounts. It is built on the Cosmos SDK. At its core, the native Kava token is crucial for governance decisions and streamlining various processes on the Kava platform.
Price-wise, Kava presently trades at $0.64, a sharp decline of 93% from its 2021 peak, which was at $9.19. The recent trend hasn’t shown signs of revival either, with Kava seeing a 6% slump in the past week.
From a technical standpoint, Kava has consistently traded beneath the $1.10-1.50 resistance range since November 2022. The fall below the $1.00 this week only adds to the bearish outlook. Analysts note that a fall to the $0.50 is likely before any recovery can be seen.
In light of this, many Kava holders are choosing to remain bullish by investing in Everlodge, a surefire way to diversify their portfolio and hedge against potential losses on Kava.
Tezos has positioned itself as one of the top players in the DeFi space thanks to its reliable and resilient network infrastructure. After soaring to an impressive $7.2 billion market cap post-ICO in January 2021, Tezos has since plunged, losing over 92% of its value to now stand at $0.6870.
The root of this descent lies in Tezos’s lack of adoption. While juggernauts like Ethereum and Solana lead the charge into the DeFi 2.0 phase, Tezos appears stagnant, evident from its modest TVL of just $49 million.
In light of these challenges, it comes as no surprise that Tezos investors are now turning to Everlodge, enticed by its low token prices. This is a time-limited opportunity for Tezos holders to purchase ELDG tokens at a discounted rate before the presale ends.
Market experts highlight the significance of Tezos’s breach of the key $0.70 support level. It’s crucial for Tezos to rally from this point if it wishes to retain its place among the elite 100 projects. Should it manage a recovery, overcoming the $0.10 resistance will be the next hurdle to signal any long-term bullish trend.
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