HomeSponsoredFilecoin and Aave Face Selling Pressure While Everlodge Scripts Dream Presale

Filecoin and Aave Face Selling Pressure While Everlodge Scripts Dream Presale


The market’s bearish phase has extended, and has crippled several cryptocurrencies. Filecoin (FIL) and Aave (AAVE) are two cryptocurrencies that have plummeted severely in recent weeks.

However, seasoned investors have already joined the presale of Everlodge. It is a new project that has raised more than $347,000 during its ongoing presale. Therefore, its presale tokens are selling out quite fast.

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

Filecoin (FIL) Collabs With LongHashX For An Accelerator Program

To attract new developers and builders to its network, Filecoin (FIL) has collaborated with LongHashX for a new accelerator program. Named the “FVM Genesis Cohort,” the program will invite dApp developers to build on the Filecoin (FIL) network. Notably, Filecoin (FIL) launched its FVM in March this year, and expanded its business beyond cloud storage.

Filecoin (FIL) hopes to trigger a new wave of development activity on its network with the accelerator program. However, this news has failed to make any positive impact on the price trajectory of Filecoin (FIL). The trading price of Filecoin (FIL) has plunged by 25% in the past 30 days. Thus, Filecoin’s (FIL) current trading price is $3.41.

Aave (AAVE) To Deploy V3 On Base Network

The members of Aave (AAVE) have voted in favor of a proposal concerning the deployment of its Version 3 iteration. The proposal has secured 100% votes in favor, and will allow Aave (AAVE) to deploy V3 on Base, a new Layer 2 scaling network.

However, the development has not been able to make any impact on Aave’s (AAVE) market value. The trading price of Aave (AAVE) has dipped by 24% in the last seven days. Thus, Aave (AAVE) is now changing hands at $55.19. Meanwhile, Aave (AAVE) will deploy V3 on Base this week.

With this deployment, Aave (AAVE) users will now be able to borrow and deposit USDbC (USD Base Coin), WETH (Wrapped Ethereum), and cbETH (Coinbase Ethereum) on the Base platform.

Everlodge (ELDG) Presale Hits Bull’s Eye

Everlodge has brought changes to the real estate industry by building a new blockchain platform. This new platform aims to disrupt the holiday properties sector. As per a market report, the value of the global real estate industry is likely to reach an eye-popping $729.40 trillion in 2028. Hence, utilizing a fraction of this massive target market can make this platform a new crypto king.

Everlodge will help people own luxury hotels, and vacation homes for as low as $100. It will mint non-fungible tokens (NFTs) against real estate properties, and fractionalize them. Moreover, the platform will store the details of the property, including titles, deeds, and ownership, in the metadata of the smart contract.

The market value of these NFTs is dependent on the property against which they would be minted. Therefore, their value is expected to increase over time. The platform’s ecosystem is made up of four elements: Launchpad, Rewards Club, Lending, and Marketplace.

ELDG tokens will power the platform’s ecosystem. Token owners will receive several benefits, such as staking rewards, discounts on trading fees, and free nightly stays in luxurious villas and hotels. Besides, the platform will associate with only well-renowned hotel chains, and developers.

The presale of ELDG has begun, and a token is currently available to purchase at just $0.01. In the next stage, the tokens will cost $0.012. Moreover, the market value of Everlodge is likely to increase by 280% during the presale round, and 30x upon the launch.

Find out more about the Everlodge (ELDG) Presale



*This article was paid for Cryptonomist did not write the article or test the platform.

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