The price movement of Cosmos and Axie Infinity has been bearish lately. Both tokens have lost most of their price gains from the beginning of 2023. As a result, Cosmos and Axie Infinity investors are moving to a new project called Everlodge. Everlodge’s price has increased by about 80% in the past month, drawing the attention of the entire crypto community.
Cosmos (ATOM) is the native token of the Cosmos blockchain, a network that allows different blockchains to work together. However, the price of Cosmos has been on a downtrend for the past few months. The Cosmos coin broke through some important support levels in the last few months.
Early in September, the ATOM price dropped below the key support level of $7.00. Fortunately, Cosmos bulls have regained control of the market and have pushed the price of Cosmos to $7.04 as of September 26th. This represents an increase of 10.0% in the past 14 days.
However, technical indicators show that the current sentiment around the Cosmos coin is bearish. According to Coincodex, Cosmos crypto recorded 16/30 (53%) green days with 3.82% price volatility over the last 30 days. As a result, Coincodex has forecasted ATOM price to drop by 3.2% and reach $ 6.85 by October 1, 2023.
Axie Infinity (AXS) is a blockchain gaming platform that blends gaming with a model where you can earn rewards. In November 2021, the Axie Infinity token skyrocketed to a peak of $165.37. This caught the attention of the entire crypto community as many users rushed to the Axie Infinity game.
However, the Axie Infinity marketplace has lost a large amount of users in 2023. As a result, the Axie Infinity token has been trading between $4.40 and $4.61 since September 2023. Despite several attempts, AXS has failed to go above $5.
Meanwhile, analysts believe the NFTs and gaming sector will recover in the last quarter of 2023. As a result, they have forecasted AXS to reach $9.28 by the end of 2023.
While Cosmos And Axie Infinity are battling with bearish pressure, investors are rushing to Everlodge for 280% gains. Everlodge is a platform that aims to change the real estate sector. The platform plans to achieve this using NFT and blockchain technology.
Everlodge is using NFT fractionalization to revolutionize real estate investment. The platform will mint NFTs to represent luxury homes and hotels. Afterward, it will divide these NFTs into smaller pieces with each of them representing a portion of a real estate property. This will allow you to co-own properties with just $100.
Also, this method opens up luxury vacation homes to a wider range of investors who could not access them before. Besides, market research has shown that the real estate market is worth over $280 trillion.
Currently, ELDG tokens, the native token of the Everlodge platform, are available for purchase at just $0.019 each. This is a great opportunity for early investors because analysts have forecasted its price to go up as the presale continues. Analysts predict a massive 30x increase once ELDG tokens are available on major cryptocurrency exchanges.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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