MultiversX and Axie Infinity investors are shifting their funds to Everlodge before the anticipated price surge.
MultiversX (EGLD)
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Recent market trends have seen two prominent tokens, MultiversX (EGLD) and Axie Infinity (AXS), experiencing challenging times. As investors reassess their portfolios, a new and innovative platform has emerged as an attractive option - Everlodge (ELDG). With ties to the global hospitality industry (worth over $4.548T in 2022), Everlodge is gaining traction as a haven for investors seeking long-term gains.
Summary
- MultiversX showing minimal gains
- Axie Infinity interest keeps dropping
- Everlodge to fundamentally overhaul the real estate market
Click Here To Find Out More About The Everlodge (ELDG) Presale
MultiversX (EGLD): A Dip in the Market
MultiversX (EGLD), known for its ambitious plans to merge blockchain technology with gaming, is currently facing a downturn. Despite its innovative vision, market volatility, and investor sentiment have led to a MultiversX price decline.
In the past week alone, the MultiversX crypto price plummeted by 4.2%. However, this trend now appears to have subsided as the crypto trades at $31.38, up 0.63% overnight. As with many other altcoins, fluctuations in the cryptocurrency market can be rapid and unpredictable, which has impacted MultiversX’s standing.
But, the MultiversX trading volume has also sunk by 14% in the past 24 hours, plummeting to $10,101,516. With all these bearish signals, many MultiversX crypto holders are looking elsewhere for long-term growth.
Axie Infinity (AXS): Bearish Trends
Axie Infinity (AXS), one of the most popular blockchain-based games, has recently been on a bearish trend. The increased competition and regulatory concerns have affected the Axie Infinity price.
In the past 14 days, the Axie Infinity price sank by 11.6%. Santiment data shows that on July 21, 345 new AXS wallet addresses were established. However, at the end of August 2, the AXS Network saw just 75 new addresses. This 78% drop in network growth indicates that the Axie Infinity ecosystem is beginning to experience a negative trend.
Furthermore, the Axie Infinity coin is trading hands at $5.76, down 1.60% in the last 24 hours. In addition, the technical analysis of Axie Infinity also paints a bearish picture, with all moving averages in red. As a result, Axie Infinity holders are beginning to migrate to different projects that may soar higher.
Everlodge (ELDG): Disruptive Approach to Real Estate Investment
Amidst the market turbulence, Everlodge is standing tall as a beacon of stability. This groundbreaking platform brings traditional real estate investment into blockchain and NFTs, providing investors unique opportunities. Users can fractionally invest in luxurious villas, hotels, and more on this marketplace for prices as low as $100.
One of the significant barriers to traditional real estate investment is the high upfront cost, which limits access to lucrative properties to a select few. Everlodge changes this by digitizing and minting properties into NFTs, which Everlodge then fractionalizes into smaller fragments. Thus, enabling users to invest in real estate with smaller amounts, making it inclusive.
Furthermore, unlike traditional real estate, which can be illiquid and cumbersome to sell, Everlodge provides enhanced liquidity. The NFTs representing the properties can be traded freely on the platform’s secondary marketplace, therefore allowing investors to exit their positions at any time.
Holding the platform’s native token, ELDG, which is now worth just $0.01, is vital to obtaining trading fee discounts and free nightly stays in Everlodge properties. These benefits intrigue countless investors as they flood the ELDG presale, which is now in Stage One. In fact, demand is so high that experts forecast a rise to $0.035 before its presale ends.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”
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