Table of Contents
- Ripple (XRP) Sees Drop In Network Growth
- Floki Inu’s (FLOKI) Social Metrics Show Selling Pressure
- Everlodge (ELDG) Accelerates Its Growth Engine
- Find out more about the Everlodge (ELDG) Presale
Given the dynamism of the market, and the interdependency of several factors, it becomes complex to predict the trends. Everlodge is a new project, whose presale has turned out to be a massive success.
As per analysts’ forecasts, its early investors are likely to get a 3,000% ROI. On the other hand, Ripple (XRP) and Floki Inu (FLOKI) have struggled to retain their user bases.
A few days ago, many big corporations integrated Ripple’s blockchain technology, giving a positive push to XRP. However, this growing trend is not visible when it comes to the network growth of Ripple (XRP).
The latest data from Santiment has indicated that the number of new addresses on the Ripple (XRP) network has been stagnant for the past many weeks. Notably, for the past two weeks, the number of active addresses on the Ripple (XRP) network has stagnated around 85,800.
It implies that only a few addresses have been participating in trading, or transfer of Ripple (XRP) tokens. Meanwhile, the price of Ripple (XRP) has witnessed a rise of 1% in the past month. Therefore, Ripple (XRP) now trades at $0.51.
Floki Inu (FLOKI) has been suffering from high selling pressure, leading to a constant price decline. In the past thirty days, the value of Floki Inu (FLOKI) has suffered a plunge of 16%. As a result, the current market value of Floki Inu (FLOKI) has dipped to $0.000015.
Moreover, the latest on-chain social metrics suggest that Floki Inu (FLOKI) may see a further decline in its price. LunarCrush’s data shows that bearish sentiments for Floki Inu (FLOKI) have strengthened by 53% in the past week. Moreover, bullish sentiments around Floki Inu (FLOKI) have gone weak by 50%. According to experts, these two metrics together may keep Floki Inu(FLOKI) under a bearish phase for a long time.
Everlodge (ELDG) Accelerates Its Growth Engine
As per estimates by Smith Travel Research (STR), there are around 187,000 hotels across the globe. Also, the demand for vacation stays is growing leaps and bounds. It is because they are projected to give massive returns over time.
Everlodge will give users the chance to own a holiday home, or luxury villa, for $100. Initially, the platform will create NFTs against vacation homes and hotels. Later, it will generate fractions of these NFTs to assist small investors in purchasing them. Additionally, the platform has established a self-flourishing ecosystem with Launchpad, a Rewards Club, Lending, as well as a Marketplace.
ELDG is the platform's native cryptocurrency, and its holders receive lots of perks. It includes holiday giveaways, discounts on transaction fees, and property raffles. Moreover, users can stake their tokens to yield additional income. The platform has undergone a rigorous verification process, proving that it is secure and legitimate.
The first two stages of the platform’s presale are sold out, and an ELDG token’s cost is hovering at $0.018. Moreover, the token’s price will reach $0.019 in the next stage. However, experts forecast that by the end of the presale phase, the project would have increased its price by 280%. The platform has chosen to lock the liquidity pool for a period of 8 years, and the team's tokens for 2 years.
Find out more about the Everlodge (ELDG) Presale
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.