Optimism and Litecoin Move To The Red Zone, Everlodge Takes Market On The Bullis...

The ongoing market uncertainty has made investors jittery about several projects that have shown sluggishness lately. Optimism (OP) and Litecoin (LTC) are two such projects. Therefore, their investors are rushing towards the presale of Everlodge. This new project promises solid growth potential, becoming a favorite of experts and investors alike.

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

Optimism (OP) Takes Measures To Sustain Its Growth

In recent months, several Layer-2 solutions have entered the market, which has not gone well with Optimism (OP). Due to increasing competition, Optimism (OP) has not been able to sustain its growth. Subsequently, the market value of Optimism (OP) has plummeted by more than 6% in the past month.

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At press time, Optimism (OP) is changing hands at $1.47. To prevent its price from falling further, Optimism tried to expand its OP Stack. Recent market reports suggest that several projects, including Celo, Binance, Coinbase, and Debank, have been using Optimism’s OP Stack to construct their Layer-2 solutions.

Reportedly, all additional Layer-2 solutions that integrate OP Stack will be allocating a portion of their earnings to Optimism’s (OP) treasury.

Litecoin (LTC) Is Continuously Dropping After Halving

It has been over two weeks since the Litecoin (LTC) network underwent its halving event on August 2. It was the third time that Litecoin executed the halving event, and it reduced miners’ rewards from 12.5 LTC to 6.25 LTC.

As with most halving events, the price of Litecoin (LTC) has also suffered a drop. The market value of Litecoin (LTC) has plummeted by around 23% since the halving event. Consequently, Litecoin (LTC) is now trading at $64.35, which is 84% below its peak price of $410.26. Meanwhile, Gate.io, a leading crypto trading platform, has announced the listing of Litecoin (LTC). Notably, this is Litecoin’s (LTC) first listing after the halving event.

Everlodge (ELDG) Presale Goes Ballistic In Stage 1

Owning a home, including a vacation house, is considered one of the best investment decisions. Notably, the global hospitality industry was valued at more than $4.548 trillion in 2022, and is expected to boom further in the coming years. To make the industry accessible to all, especially small investors, a new blockchain platform has entered the market.

Everlodge, a revolutionary Web3 platform, aims to disrupt the hospitality industry with its one-of-a-kind business roadmap. The platform is a property marketplace that would allow users to invest fractionally in hotels, vacation homes, and other holiday real estate. It has combined vacation home ownership with NFT technology.

Everlodge will mint NFTs (non-fungible tokens) against luxury villas and hotels. Next, these NFTs get fractionalized to allow small investors to become owners of luxury properties. These NFTs will be backed by real-world properties, so their value is expected to increase.

The platform will have many benefits for its token holders. These include staking rewards, holiday giveaways, discounts on property transactions and trading fees, and more. The presale phase of ELDG tokens has started, with a price of just $0.01. The project developers have announced that they will supply a total of 800 million ELDG tokens, of which 480 million will enter the market during the presale. Analysts say that the project’s value can increase by 280% during the presale round, and 30x during subsequent months.

Find out more about the Everlodge (ELDG) Presale

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

Telegram: https://t.me/everlodge

None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website.