Place/Date: - September 6th, 2023 at 11:15 am UTC · 3 min read
Analyzing the market performances of cryptocurrencies before reaching an investment decision is always the best practice. This article will deal with three cryptocurrencies that have been able to hit the headlines due to new developments.
These cryptocurrencies include two well-established projects – Litecoin (LTC) and Polkadot (DOT) – and a new player – Everlodge. However, experts are convinced with this new project, which can grow by more than 3,000% in the upcoming months.
Litecoin (LTC) has been one of the most active cryptocurrencies in 2023. Litecoin (LTC) has undertaken several development steps since the beginning of the year. These steps include launching the Litecoin (LTC) Card Program, and Halving Event.
Subsequently, the adoption of Litecoin (LTC) has surged significantly in recent months. As per the latest data from BitPay, Litecoin’s (LTC) share in global payments has increased by around 50% since March. However, the price trajectory of Litecoin (LTC) is yet to take pace.
In the past month, Litecoin’s (LTC) trading price has plummeted by more than 29%. Now, a Litecoin (LTC) token is available to trade at $64.40.
Stablecoins have garnered a lot of attention in recent times, and the Polkadot (DOT) network is looking to utilize this opportunity. As per reports, the stablecoin giant, USDC, will be coming to the Polkadot (DOT) network in September. The development takes place at a time when Polkadot (DOT) is suffering a drop in its market value.
On the 30-day price chart, Polkadot (DOT) has plummeted by more than 15%. Thus, the trading price of Polkadot (DOT) has taken a dip to $4.44. Earlier, the USDC issuer, Circle, announced to launch the stablecoin on five new blockchains, including Polkadot (DOT). This, according to analysts, will increase the activity on the Polkadot (DOT) network.
Investing in real estate has never been easier until the launch of this new blockchain platform. To make the hospitality, and real estate industry more accessible, Everlodge has come up with a first-of-its-kind Web3 platform. As per global trends, the real estate industry’s current value is more than $280 trillion. Additionally, the vacation rental industry can grow at a CAGR of 4.7% in the next seven years.
It has entered the market with a hybrid property co-ownership business roadmap. The platform will help people own luxury villas, and holiday homes for as low as $100. The platform will mint NFTs of real estate, such as vacation stays, hotels, and luxury villas. After minting NFTs, it will fractionalize them to help retail investors purchase the tokens. These NFTs are minted against real-world properties; so, their price is certain to increase over time.
Besides, the platform will collaborate with only renowned property developers, and luxury hotel chains to enrich its ecosystem.
Notably, the token owners will get exclusive access to the Rewards Club. Here, users will receive nightly stays at no cost, across all properties listed in the platform’s ecosystem. The token’s smart contract has been audited by an independent auditing firm.
ELDG is the native crypto of the platform. Its presale round has started, and is currently in the first stage. At present, these tokens cost $0.012, but their value will rise to $0.016 in the next phase. Moreover, their market value is likely to jump by 280% during the presale round.
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.