Recently, two popular tokens, ApeCoin (APE) and Axie Infinity (AXS), have seen their holders making a noteworthy migration to the Everlodge (ELDG) presale. But what’s driving this shift, and what does Everlodge have to offer that’s attracting these enthusiasts? Keep reading this article as it provides answers to those questions.
Join the Everlodge presale and win a luxury holiday to the Maldives
ApeCoin (APE) holders are exploring other investment opportunities due to several factors, including the imminent unlock of over 40.6M tokens. With a total value approaching $50M, this significant token release is primarily slated for insiders directly and indirectly involved with the project.
Notably, Yuga Labs’ founder is set to receive tokens valued at over $2.7M, and when combined with the Treasury allocation, this amounts to over $14M. This impending unlock offers insight into ApeCoin’s performance, as it has faced challenges in the past year.
Market analysts have made a bullish ApeCoin price prediction, with the token value sitting at $2.32 by December 2023. But, holders are looking at other projects with more room for growth.
Axie Infinity (AXS) holders are beginning to explore alternative investment options as the crypto market landscape evolves. Data from the cryptocurrency analysis platform IntoTheBlock, shared by analyst Ali Martinez on September 1, reveals a significant trend.
Approximately 99.54% of Axie Infinity addresses find themselves in a state of loss, signalling a challenging period for existing holders. This data underscores the shifting sentiment among Axie Infinity coin investors, with some seeking opportunities in other projects with potentially more favourable dynamics and growth prospects.
Although experts in the field foresee the Axie Infinity price reaching $7.73, many holders are looking for ways to diversify their portfolios.
Unlike many tokens focusing solely on digital assets or DeFi, Everlodge (ELDG) bridges the gap between blockchain technology and the real estate market. It allows users to co-own properties through NFTs, which can be a game-changer for crypto and real estate enthusiasts.
It accomplishes this by building a property marketplace where luxurious villas and hotels will be digitized and minted into NFTs. Not only that, Everlodge then fractionalizes these NFTs. As a result, even small-scale investors can become fractional property owners on the blockchain for prices as low as $100.
Axie Infinity and ApeCoin crypto holders are likely seeking diversification in their crypto portfolios. While these tokens have performed impressively in their respective niches, tangible estate-backed assets can provide a different kind of stability and potential for long-term growth. Everlodge offers a way for crypto holders to diversify their holdings beyond the digital realm.
Additionally, thanks to its low market cap, the ELDG native token may surge faster than its rivals as fewer new funds are needed. Currently, one ELDG token costs only $0.016 as it is in Stage 2 of its presale. However, with its dynamic pricing model, this price will jump as the presale advances. In fact, experts foresee a 280% price pump before it finishes.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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