Amid the crypto market’s recent bounce-back from a sell-off, an intriguing phenomenon is catching the community’s attention. Both Dogecoin (DOGE) and Polygon (MATIC) holders are rapidly offloading their holdings and moving to the Everlodge (ELDG) presale. Keep reading to learn more about this development and what makes Everlodge appealing.
Dogecoin (DOGE): Hype Slowly Fades
Viral memes, celebrity endorsements, and a vibrant community caused Dogecoin’s meteoric rise to fame (DOGE). However, as the initial excitement settles, Dogecoin’s hype gradually diminishes.
For instance, the Dogecoin price has been trending sideways since the start of 2023, as it has fluctuated between $0.07 and $0.09 since then. For this reason, many experts predict that the Dogecoin value could sit between $0.089 and $0.098 by the end of 2023.
As a result, investors who initially joined the frenzy may now seek different projects with more upside potential.
Polygon (MATIC): Holders Seeking New Horizons
Polygon (MATIC), once hailed for its innovative L2 scaling solutions, has garnered substantial attention. However, some Polygon holders are starting to explore alternative avenues for profits.
Although there was some positive Polygon crypto news recently, like its partnership with the Celo Foundation, its growth potential has been limited. In fact, even though the Polygon price soared to $1.53 in February 2023, it has been on a downtrend since then.
Also, market analysts foresee the Polygon price sitting between $0.79 and $0.87 by December 2023. As a result, investors are becoming more discerning, looking for projects that offer technical innovation, solid use cases, and growth potential.
Everlodge (ELDG): A New Player Emerges
Everlodge (ELDG) presents a unique project resonating with investors seeking innovative solutions within the crypto ecosystem. Its pioneering approach to blending blockchain with real estate has intrigued those seeking diversification beyond the traditional crypto market.
Firstly, Everlodge introduces the concept of fractionalized properties, allowing investors to hold fractional ownership in real estate assets. In other words, it will digitize, mint, and then fractionalize NFTs representing luxurious villas, hotels, and more. This tangible asset backing adds a layer of stability that resonates with those looking to expand their portfolios.
Secondly, the Everlodge native token ELDG is now in Stage 1 of its presale and costs only $0.012. This token gives access to free nightly stays in Everlodge properties, governance voting rights, and staking rewards. ELDG is separated from Dogecoin and Polygon because of its low market cap and ties to the hospitality industry (valued at $4.5T in 2022).
In other words, it will experience a much faster surge as it needs fewer new funds, and its long-term growth potential is outstanding. Therefore, experts foresee a $0.035 price for it before its presale ends – a 191% ROI to those who buy it now.
Find out more about the Everlodge (ELDG) Presale
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.