Everlodge, currently in its presale phase, is about to revolutionize the $280 trillion real estate market — a move that has captured the attention of Bitcoin (BTC) and Ethereum (ETH) enthusiasts worldwide. Let’s learn more about Everlodge and why it’s quickly becoming the talk of the town.
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Everlodge (ELDG): Raising $250,000 Amid Bitcoin (BTC)’s Volatility and Ethereum (ETH)’s ‘Death Cross’
Everlodge is bringing the next evolutionary step in real estate investing. By fusing the principles of blockchain with the opulence of luxury properties, Everlodge introduces the world to the concept of fractional ownership via NFTs.
This trailblazing venture promises to democratize luxury real estate investments, making penthouses in skyscrapers and villas by the beach accessible to the average investor. But, what’s truly causing this magnetic pull towards Everlodge among Bitcoin and Ethereum enthusiasts?
- Diversification: Cryptocurrency enthusiasts are always on the lookout for promising assets to diversify their portfolios. Everlodge offers a fresh avenue, marrying tangible assets (real estate) with the intangible (cryptocurrency) in a seamless blend.
- Innovation with Familiarity: Everlodge’s application of blockchain and NFT technology aligns with the core beliefs of crypto veterans, making it an enticing option that feels familiar yet innovative.
- Strong Utility: The ELDG token is more than just a currency. It acts as a passport to the world of luxury, granting token holders access to premium stays, attractive property discounts, and even passive income opportunities through staking.
- Promising Returns: With the Everlodge price rising during each presale phase, early adopters have been reaping the rewards of their investments. Plus, early forecasts are projecting explosive growth of 5,000% once it launches on tier-1 exchanges.
- A Bridge Between Worlds: Everlodge represents a symbiosis between the digital realm of cryptocurrencies and the tangible world of real estate. This dual existence makes it particularly appealing to investors looking to bridge their crypto assets with real-world commodities.
In conclusion, as the realms of luxury real estate and blockchain converge under the Everlodge banner, it’s becoming abundantly clear why the giants of crypto – the Bitcoin and Ethereum enthusiasts – are turning their gazes towards Everlodge and the ELDG token.
Bitcoin (BTC): The Lowest RSI in Five Years and ‘V’ Reversal
Bitcoin has always been a rollercoaster ride for investors, but recent fluctuations in Q3 have taken this unpredictability to new heights. From a dip at $24,800 in mid-June, Bitcoin made a swift recovery, touching over $31,000 in a mere week.
Yet, after hitting a wall at the $31,800 resistance, Bitcoin’s price is now on a downtrend. The slip below the pivotal $29,500 – $30,000 range has seen a sharp sell-off of more than 20% to the current price of $26,100.
A lot of the earlier optimism came from Bitcoin ETF applications, hinting at regulatory approval and potentially opening the floodgates for institutional money. The question now looms: if not the ETF buzz, then what will propel Bitcoin forward?
Moreover, Bitcoin’s RSI has been the lowest for five years. This would usually trigger a ‘V’ reversal in price, as investors rush to scoop up the dip. However, Bitcoin continues to move sideways on thin support.
Amidst these challenges, Everlodge’s presale continues to move forward and attract investors from all walks of life. In fact, Everlodge has raised more than $250,000 since the Bitcoin support break.
Ethereum (ETH): 50% TVL Slump Since Mid-April
Once a paragon of innovation and meteoric gains, Ethereum’s current trajectory is one of uncertainty and challenges. Despite its best efforts over the past year, the digital currency titan remains stubbornly below the $2,100 threshold. As it stands, Ethereum’s recent 10% weekly decline has brought it to $1,644.
But the descent might be far from over. Alarm bells are ringing in the form of a “death cross” on Ethereum’s weekly charts. This ominous technical signal, which occurs when the 50-period moving average crosses below the 200-period moving average, previously resulted in a 60% drop in Ethereum prices.
Adding fuel to the fire are indicators like dwindling network activity and the specter of widespread sell-offs. A glaring testament to the bearish sentiment is the Total Value Locked (TVL) in Ethereum, which has slumped by 50% since mid-April.
With confidence in Ethereum’s price waning, the team at Everlodge is leveraging its investing renaissance to welcome Ethereum investors. The presale now stands as a beacon to those looking for a safe, reliable platform on which to invest their digital assets.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge