Litecoin

Everlodge (ELDG)’s $250K Debut Draws Glances from VET and SOL Circles

Everlodge (ELDG) has impressively burst onto the scene with a $250K debut, catching the attention of crypto enthusiast , particularly those within VeChain (VET) and Solana (SOL) networks. Now in the presale phase, Everlodge is progressively carving out a niche in the trillion-dollar real estate sector. Let’s find out what has caught the eye of VeChain and Solana circles, and what makes Everlodge worthy of such fanfare.

Everlodge (ELDG) and its Stellar Quarter-Million Entrance

At its core, Everlodge seeks to revolutionize the real estate sector by leveraging the power of blockchain. Everlodge’s innovative approach to fractionalized property ownership, underpinned by the robustness of NFT technology, presents an alluring proposition.

Here, luxury isn’t just for the ultra-rich. Everlodge’s platform promises to democratize access to high-end properties, making dreams of owning a piece of a New York penthouse or a Malibu beachfront a reality for many.

But what’s causing ripples in the cryptocurrency circles, especially among the stalwarts like VeChain and Solana, is Everlodge’s audacious entry. A quarter-million-dollar debut sends a clear message: The market is confident in Everlodge’s value proposition and its place in the future of both real estate and crypto.

VeChain and Solana, both key players in their respective domains, recognize potential when they see it. Early backers of both of these projects saw tremendous returns on their investment. Now, it appears that Everlodge is next in line to follow suit.

Perhaps it’s Everlodge’s unique blend of traditional real estate allure with the dynamic world of NFTs that’s causing this intrigue. Or maybe it’s the platform’s promise of rewards, lucrative staking opportunities, and an ecosystem enriched by the ELDG token.

ELDG can be bought for $0.010 during phase 1 of the presale phase. But with this price to keep rising as more tokens are sold, there’s a rush to get in early and reap the rewards. Analysts believe the 250k raised is just a fraction of what the platform is worth and that investors can expect returns on their investment as high as 30x in just a few months.

VeChain (VET): Partnership Milestones and the 10,000% Ascent

VeChain’s prominent collaborations with industry leaders like Walmart, PwC, and BMW were pivotal in its remarkable 10,000% ascent from its 2020 base to the $0.28 peak in 2022.

However, fortune seems to have deviated from VeChain’s trajectory. It has nosedived a staggering 93% from its pinnacle, landing at just $0.01595 today. This steep decline underscores a chasm between VeChain’s high-profile partnerships and tangible on-chain activities. Such a mismatch has given rise to doubts regarding VeChain’s earlier valuations.

Confronting this new reality, OG VeChain investors are realizing the imperative need for VeChain to showcase concrete real-world deployments. With eyes on greener pastures, a sizable chunk of these VeChain investors are gravitating towards Everlodge’s presale, eager to jump on what could be the next big narrative.

As VeChain grapples with its fellow layer-1 competitors, Everlodge emerges as a viable option for investors who are looking to jump into the new wave of NFTs and DeFi projects.

Solana (SOL)’s Role in Layer-1 Tech and the Appeal of Everlodge

In 2023, Solana has showcased a trajectory in the market that’s turned heads. Starting at a humble $8, Solana’s value soared to an impressive $32. This significant rise can be attributed to multiple factors, including Solana’s bounce back from the FTX incident, SEC investigations, and minor network issues that had once rendered it underappreciated.

Yet, this bullish momentum was not enough to break past the notable $32 benchmark. The current price of $20.59 represents a 65% drop in the last six weeks. Analysts still believe that the $20 area is solid support, but there is no doubt that the crash represents a major hit to Solana believers.

Analysts also note that Solana has a strong future as a leader in layer-1 technology and DeFi. The 50% jump in Solana’s TVL since the start of the year is another bullish indicator. However, the fact remains that Solana has been affected by the same bear market sentiments that have impacted other projects, leading investors to turn towards new options such as Everlodge.