Cosmos (ATOM) and Litecoin Go Bearish As Everlodge Attracts The Bulls

If you are looking for a once-in-a-lifetime investment opportunity, Everlodge (ELGD) must be on your list. The project has gained widespread attention, and bulls are rallying behind it.

Moreover, its presale tokens are selling out fast, so you have to hurry. On the other hand, long-standing projects like Cosmos (ATOM) and Litecoin (LTC) have succumbed to the bearish market pressure.

Find Out How To Buy Everlodge (ELDG)

The Cosmos (ATOM) Ecosystem Gets Major Support From Wormhole Foundation

The Cosmos (ATOM) ecosystem has received a major push from the Wormhole Foundation. Recently, Wormhole launched a new blockchain that will be able to connect liquidity and users from different blockchains to any Cosmos (ATOM) appchain.

As per the official communique, the new blockchain is called Gateway, and will increase the liquidity on Cosmos (ATOM). Notably, with this development, users and developers from more than 20 different blockchains can on-ramp tokens to any Cosmos (ATOM) chain. The Cosmos (ATOM) community believes that it can attract more developers to the blockchain. Meanwhile, the market value of Cosmos (ATOM) has fallen by more than 9% in the past 30 days.

As a result, the current trading price of Cosmos (ATOM) hovers at $8.42.

Litecoin (LTC) Falls After Halving Event

Litecoin (LTC) recently completed its halving event. However, contrary to expectations, the price of Litecoin (LTC) has suffered a drop after halving. Since the halving event, the market value of Litecoin (LTC) has declined by around 9%. Moreover, in the past 30 days, Litecoin’s (LTC) value has plummeted by more than 17%.

As a result, Litecoin (LTC) is changing hands at $82.62. This fall has been observed despite the fact that the number of Litecoin (LTC) transactions has been more than that of Bitcoin for the past many weeks. At present, Litecoin (LTC) is ranked 12th by market capitalization.

Everlodge Ignites Bullish Market Sentiments

With a transparent business roadmap and high market viability, Everlodge has entered the crypto market to disrupt the real estate industry. As per market data, the global real estate market is worth more than $280 trillion. Hence, this new blockchain project can soon become a blue-chip project.

Everlodge is the world’s first company that has brought vacation home ownership to the Web3 arena. It will allow people to own vacation homes and luxury hotels with just a few dollars. The platform will first mint non-fungible tokens against real-world properties. 

Thereafter, it will fractionalize the NFTs, which investors can purchase for as low as $100. Notably, all the details of the property, including ownership, titles, and deeds, will be stored in the metadata of the smart contract. This will ensure the authenticity of the NFTs.

Additionally, the value of these NFTs is related to the property against which they have been minted. Hence, their value is bound to increase over the years. The platform’s ecosystem consists of Marketplace, Launchpad, Rewards Club, and Lending, each with its distinct use cases.

ELDG tokens will power the ecosystem of the platform. There are many benefits for ELDG holders, such as discounts on property purchases in Marketplace, staking rewards, and free nightly stays in luxurious hotels and villas linked to the platform.

The presale of the token has begun, and a token currently costs just $0.01. However, the market value of the token is likely to jump by 280% during the presale round, and 3000% upon launch. The project will hit Uniswap, and two other leading exchanges after the presale.

Find out more about the Everlodge (ELDG) Presale

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

Telegram: https://t.me/everlodge