After weeks of trading sideways, the crypto market is back in bullish territory. The recent Grayscale win over the SEC for a spot in Bitcoin ETF has sparked a huge rally in the crypto market. Cryptocurrencies like BNB (BNB), Litecoin (LTC), And Everlodge (ELDG) are currently bullish.
Summary:
Join the Everlodge presale and win a luxury holiday to the Maldives
The price of BNB, Binance’s native token, has been downtrend in the past month due to regulatory pressure from the U.S. Securities and Exchange Commission (SEC). The SEC had filed multiple federal securities laws violations against Binance, accusing it of misusing users’ fraud.
Consequently, the price of the BNB token sunk to a low of $204, its lowest level since late June 2022. However, Binance Coin bulls have regained control of the market. According to CoinMarketCap, BNB is valued at $224.80, a 3.33% price increase in the last 24 hours.
Interestingly, BNB’s trading volume has surged 160.00% in the last 24 hours. This signals a rapid rise in market activity and a possible trend change for the BNB coin.
Litecoin, the Bitcoin “silver,” is up 3.96% at the time of writing, trading at $67.78. The token is aiming to reverse the losses of its August halving. The Litecoin price witnessed a downward move that began on August 8th. Its price dropped from $85.47 to $56 at the time.
Meanwhile, Litecoin’s RSI value is at 37.53 after it fell into the oversold region recently. This indicates that LTC coin bulls have taken control of the market. Moreover, DigitalCoinPrice has forecasted that the price of Litecoin to trade at $130.53 by December.
While BNB and Litecoin merit attention, their long-term growth potential may not parallel that of Everlodge (ELDG). This emerging property marketplace will introduce fractional ownership via property-backed NFTs.
Notably, Everlodge will transform vacation homes, villas, and hotels into NFTs, alongside fractionalization. This revolutionary approach will allow low-income earners to enter the $280T real estate sector. Users can invest in real estate properties with as little as $100.
Everlodge’s ecosystem will comprise a marketplace, a rewards club, a launchpad, and a lending platform. Individuals can use their property NFTs to secure short to medium-term loans. Through Everlodge’s Rewards Club, members will gain complimentary stays at various properties and hotels within the ecosystem.
However, this will depend on the individual’s tier. Also, those who have free nights can resell them on Everlodge’s marketplace. The Everlodge token is currently available for purchase at $0.012 per token. Analysts have forecasted a 30x price surge in the coming months.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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