Avalanche and KuCoin Try To Rebound While Whales Flock To Everlodge’s Presale

The crypto world is abuzz with Everlodge’s presale launch. This new platform’s unique business roadmap has won the trust and support of both experts and investors. Whales are overwhelmingly pouring big money in its ongoing presale phase.

Meanwhile, Avalanche (AVAX) and KuCoin (KCS) have taken steps to rejuvenate their network health. Let’s see what makes ELDG a better investment option than Avalanche (AVAX) and KuCoin (KCS).

Join the Everlodge presale and win a luxury holiday to the Maldives

Avalanche (AVAX) Enters Japanese Market

To fight against the prevailing bearish market conditions, Avalanche (AVAX) is expanding its network by tapping new countries and regions. Recently, Avalanche (AVAX) forged a partnership with a Japanese firm, SBI VC. Under this partnership, SBI VC will adopt the AvaCloud WEB3 launchpad of Avalanche (AVAX) to introduce its services.

As per experts, the utilization of AvaCloud will increase the demand for Avalanche (AVAX) staking. However, the price trajectory of Avalanche (AVAX) has been moving downward for the past many weeks. In the past 30 days, the price of Avalanche (AVAX) has plunged by more than 21%. Thus, Avalanche (AVAX) is currently trading at $10.86.

KuCoin (KCS) Launches New Initiative To Attract Users

To increase its user base and demand, KuCoin (KCS) is aggressively expanding its ecosystem. Recently, KuCoin (KCS) launched a new initiative that aims to support its new affiliates. Under this programme, KuCoin (KCS) will give guaranteed rewards to selected affiliates over two weeks.

This, according to experts, can encourage its affiliates to attract more users to the KuCoin (KCS) network. However, the market price of KuCoin (KCS) has dropped by 18% over the last month. Subsequently, the current trading price of KuCoin (KCS) has come down to $4.90. By market capitalization, KuCoin (KCS) is in the 79th position.

Everlodge (ELDG) Shines The Most In 2023

Everlodge is a pioneering blockchain platform that has revolutionized the landscape of the hospitality industry. According to experts, this unique blockchain project can grow at a historic rate because of the size of its target market. A research report has suggested that the global vacation rental market is likely to grow at a CAGR of 12.4% by 2031.

Everlodge has announced plans to launch a blockchain platform that will serve as a marketplace to help people invest fractionally in hotels, luxury villas, and vacation homes. It is the world’s first-of-its-kind platform to combine NFT technology with vacation home ownership.

The platform will create non-fungible tokens against vacation properties like hotels. Next, it will fractionalize the NFTs to make them purchasable by small, individual investors. Hence, the platform supports the co-owning of real estate properties. Notably, these NFTs will be backed by real estate properties, so their market price will stay protected from any crash. These NFTs can also be used as collateral for loans.

ELDG is the native crypto of the platform, and the token holders will receive a range of benefits such as discounts on property purchases, reduced trading fees, holiday giveaways, and staking rewards, among others. The token’s presale round is currently in the Beta stage, and its market price is $0.01. The platform will supply a total of 800 million tokens, of which 480 million will be unlocked during the presale phase. Market gurus believe that the project’s value will increase by 280% during the presale round, and 3000% upon the launch.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

Via: 2Usethebitcoin.com

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