Sei Coin (SEI) TVL Surges, Algorand (ALGO) Nears Support, Everlodge (ELDG) Completes Presale Lists on Uniswap
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/Everlodge/ – Despite having faced a week-long price struggle due to fluctuations, SEI coin is experiencing an increasing surge in trading activity as its TVL has been increasing recently. While this happened, Algorand went through a resilient week trying to price above its support price of $0.1911. Fortunately, the token is already close to breaking out of a bearish trend under its support price.
On the other hand, Everlodge has just completed its ICO phase and has been listed by Uniswap, analysts are suggesting it as the best crypto to invest in for real estate investors and home vacation enthusiasts.
SEI Increases in Trading Volume while Its Price Struggles
Since the second week of January, after surpassing the resistance point of $0.85, the price of SEI coin suffered a devastating decline afterward dropping to around $0.57. Alongside this decline, SEI lost a significant amount of value in both market cap and TVL.
However, SEI’s decline was decisive and began a bullish outlook. Though still appearing to be in a bear market, SEI recovered a total of 21.39% in the past seven days, moving the price of SEI from $0.6047 to $0.75, before slightly falling to $0.73 just recently.
Interestingly, SEI has also boosted its TVL rate to a current total of over $429 million. This was preceded by a whopping 122% in the past 24 hours. Following suit is SEI’s market cap which has also appreciated by 9.62%, leaving it at over $1.7 billion.
Algorand (ALGO) Makes Effort to Price above Its Support Price
Algorand price has been hovering below $0.1911 support for more than 4 weeks now, in a bearish phase. Currently, Algorand has been able to rise over 13% in the past 7 days, however, has not been able to meet up with its support price.
The price of Algorand is currently holding within a weekly range of $0.158 to $0.1849. Algorand crypto shows a lot of promise to surpass this range, considering how resilient it has been in the past few weeks.
The current trajectory of Algorand price is signaling a comeback as it has been closing in on its support. Should Algorand break out of its support of $0.1911, there’s a possibility of ALGO token reaching its next resistance at $0.25, just as it did early this year.
With a Start Price of $0.035 Everlodge (ELDG) Becomes the First RWA Token to Launch on Uniswap
Following the successful completion of its presale, which saw its native ELDG token experience a surge from $0.01 to $0.029, Everlodge ( ELDG) is poised for further growth, buoyed by its recent listing announcement on Uniswap.
With plans to expand its market presence through additional tier-1 exchange listings, Everlodge emerges as the best crypto to invest in, and it’s positioned to deliver long-term gains for investors.
Everlodge (ELDG) has swiftly captivated investor interest, boasting an impressive 190% return on investment (ROI) during the presale campaign. Essentially, the project introduces a novel concept, offering fractional ownership of diverse real estate assets, consisting of vacation homes, hotels, and luxurious villas.
By digitizing these real-world assets (RWAs) into NFTs, potential investors can access co-ownership opportunities starting from just $100. And, beyond its core offering, Everlodge presents a range of enticing features, including a dedicated loan platform, reward club, discounted rental fees on co-owned properties, trade discounts, a marketplace, and a launchpad for aspiring property developers.
In a move to ensure market stability and safeguard investors’ interests, the team has committed to locking the team token for two years and the liquidity pool for eight years, effectively mitigating potential market volatility. This positions Everlodge not only as a favorable crypto to buy, but also as a sustainable project.
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