Subscribe Logo
Outlook Logo
Outlook Logo

Business Spotlight

Everlodge (ELDG) Eyes 50X Growth As Bitcoin (BTC) Faces Downturn And Fantom (FTM) TVL Slumps

Given the platform's revolutionary approach to real estate investment, it's no wonder that analysts are forecasting a massive 50X growth. Even in a time when the broader market is filled with uncertainty, Everlodge stands out, providing both innovation and a lucrative opportunity.

Everlodge (ELDG) Eyes 50X Growth As Bitcoin (BTC) Faces Downturn And Fantom (FTM) TVL Slumps
info_icon

As the cryptocurrency market experiences a shake-up, with Bitcoin facing a downturn and Fantom witnessing a slump in Total Value Locked (TVL), Everlodge presents an intriguing prospect. Now in its presale phase, Everlodge aims to defy the market trends, setting its sights on an ambitious target of 50X growth.

Everlodge (ELDG): The Silver Lining in a Clouded Crypto Landscape

As the market reels from Fantom's security breach and Bitcoin's weakening strength, Everlodge emerges as a promising outlier with its impressive sale of over a million tokens in just a few weeks.

This innovative platform combines the luxury of vacation home ownership, the dynamics of NFTs, and the accessibility of fractional investments. The result is a marketplace that allows anyone to buy stakes in a variety of high-end properties, enabling fractional ownership with just $100.

By offering fractional investments, Everlodge opens up the luxury vacation property market to a whole new class of investors - those who couldn't previously afford to buy entire properties but now have access to diversified real estate portfolios.

The ELDG token, central to Everlodge's ecosystem, offers investors a multifaceted role that encompasses property discounts, staking rewards, and exclusive benefits. This utility-driven token offers a real use case with demonstrable value, as evidenced by the success of its sale.

During the current presale phase, Everlodge is offering ELDG tokens at an enticing price of $0.012. This price is increasing gradually as each stage of the presale sells out, so it can be beneficial to invest as soon as possible.

Given the platform's revolutionary approach to real estate investment, it's no wonder that analysts are forecasting a massive 50X growth. Even in a time when the broader market is filled with uncertainty, Everlodge stands out, providing both innovation and a lucrative opportunity.

Fantom (FTM): A Security Breach Shakes the Foundations

The cryptocurrency industry recently experienced a jolt with a sizable security breach on Multichain's Fantom (FTM) bridge. The incident, which resulted in the theft of a considerable $126 million worth of digital assets, including the native Fantom token, has led to serious fallout for the project.

Fantom's total value locked (TVL), an important health indicator, experienced a significant decline from over $200 million to just $65 million within days. The current TVL sits at $58.

But it is the price of Fantom that has been most affected by the security breach. The Fantom token, which had reached a peak of $0.65 in February, has since dropped to a current price of $0.2071.

With numerous supports already breached, the $0.20 area is the last line of defense before an even sharper decline. The recovery journey looks uncertain as investors seek stability and security, putting the onus on the Fantom team to restore confidence.

info_icon

Bitcoin (BTC): The Slump Below $26,000 Amid Everlodge (ELDG) Presale Success

In a rare moment of reprieve, Bitcoin's traditionally volatile behavior took a backseat for several months this summer. Evidenced by the narrowest Bollinger Bands ever seen, the leading cryptocurrency showcased unusual stability in its trading patterns.

However, as with all things Bitcoin, this phase of calm was short-lived. Bitcoin later plummeted from $29,100 to $25,600 within a mere 72-hour window. With Bitcoin currently priced at $26,000, the market is divided. Some view this dip as a prime purchasing window, while others brace for further turbulence, especially given the break from its previously constricted trading bracket.

This recent fall can be attributed to slow progress surrounding the Bitcoin ETF applications. The market got too bullish when the ETF applications were announced, and with Gary Gensler making bearish comments, a long squeeze caused a sharp decline.

Amidst this chaos, alternative investments like the Everlodge presale are gaining traction. As Bitcoin gyrates unpredictably, investors are gravitating towards the Everlodge presale, which is predicted to reach over 50x growth.

Find out more about the Everlodge (ELDG) Presale