If you want to achieve your financial objectives through crypto investments, investing in Everlodge will be highly fruitful. This new projects presale has provided investors with a perfect growth opportunity.
Therefore, experts and investors alike prefer it over long-standing cryptocurrencies like Binance (BNB) and TRON (TRX).
Binances (BNB) US Trade Volume Drops By 99%
Binance (BNB) has witnessed a massive erosion in its market share in the United States. As per the latest data from Kaiko, the trade volume of Binances US arm has plunged by 99% since March.
Moreover, many US customers of Binance are still aggressively withdrawing from the exchange. Hence, the market value of Binance has taken a hit. Binances price has dipped by 3% in the past month.
Thus, the current trading price of Binance has plummeted to $210.72. According to experts, the ongoing SEC lawsuit, and growing FUD around the exchange have crippled Binance. Subsequently, as per some market predictions, Binance can close the year within the $190-$225 price range.
TRON (TRX) Attracts New Users To Its Blockchain
Decoupling with the market, TRON (TRX) has been able to move upward in recent weeks. The price of TRON has increased by over 9% in the past month. Consequently, TRONs current market value stands at $0.084.
One of the major reasons why TRON has been rising is its ability to attract new users. The latest on-chain data reveals that the number of addresses on the TRON network has surpassed 185 million.
Besides, TRON has also become the second-highest blockchain network in terms of total value locked (TVL). At press time, TRONs TVL is over $15.6 billion.
Everlodge (ELDG) Presale Solidifies Its Market Position
The data from Coherent Market Insights report suggest that the market size of vacation rentals can surge to $116.7 billion by 2030. Everlodge is shaking up the hospitality industry with its new Web3 platform.
The platform will let users invest in luxury hotels, and vacation homes starting from as little as $100. It is the first blockchain platform to combine NFTs, and the holiday stays sector. The platform will mint non-fungible tokens for luxury villas, hotels, and vacation stays.
Besides, the tokens will be fractionalized to allow small investors to invest. Moreover, the NFTs will increase in value because they will have the backing of real-world properties. The native cryptocurrency of the platform's ecosystem is ELDG.
Additionally, token holders will get discounts on transaction fees, staking rewards, and holiday giveaways. Moreover, they will get access to the rewards club. If you join the rewards club, you will earn complimentary stays at luxury properties.
The token presale round is in its 3rd stage, and has skyrocketed in value. The ELDG token price has gone from a low of $0.01 to a high of 0.018 in a few weeks. The platform adopts a dynamic pricing model. Hence, in the next stage, the price of the token will increase to $0.19.
Analysts predict that the projects value will increase by at least 280% during the presale phase, and by 3000% once it is launched.
Find out more about the Everlodge (ELDG) Presale
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Sahyadri Times journalist was involved in the writing and production of this article.