If Ripple’s catalysts are temporary, the XRP price could dive lower. Cronos’ users see benefits slashed, and everlodge offers a once-in-a-lifetime investment by connecting the housing market with web3. Read on to find out more.
Everlodge presale
The SEC vs Ripple lawsuit began in late 2020 and concluded in July 2023, with a partial victory in Ripple’s favour. However, the judge’s ruling is now being questioned and could be overturned.
As of the last 24 hours, Ripple’s price heavily depends on the SEC’s decision to appeal the ruling in Ripple’s lawsuit or not. The famous court ruling released on July 14 states that whether Ripple is a security depends on the kind of transaction.
For institutional investors or over-the-counter sales, XRP is classified as a security. However, Ripple is not a security for retail investors who purchased Ripple tokens on exchanges or used on-demand liquidity services. If the SEC appeals Judge Torres’ decision, the XRP price will likely drop to the next major support level of $0.5.
Crypto.com’s native coin, Cronos, is down almost 16%, likely triggered by Crypto.com’s decision to slash the rewards given to Cronos’ users. The bonuses have been reduced to only 0%-2% based on how much Cronos they use.
Cronos holders with an active 6-month stake that started before May 2022. It will see no changes until their 180-day period expires. Additionally, from June 1st, Cronos staking rewards will no longer be offered. Therefore, the holders of Cronos will receive 100% compensation for their payments. A look at the charts reveals a decline in Cronos’ price of over 40% this year.
Connecting the housing market with Web3 is a genius move, considering the success of Airbnb. Everlodge will capture the massive demand of the housing market with its unique co-ownership platform for vacation homes and bring it to Web3. Fractionalizing the assets will make investments of as little as $100 possible.
This unique investment opportunity that Everlodge offers includes options for passive income with staking and lending services, a marketplace and a launchpad.
The ongoing developments see the team finalizing the Windows, Android, and iOS user interfaces. Everlodge will be listed on Uniswap and a major CEX. The Everlodge token has a decent vesting schedule and a total supply of 800,000,000 tokens.
Established analysts forecast a potential 10,000% return for early investors. The Everlodge presale starts soon; all information can be found on the official Everlodge website. The probability of massive demand for the Everlodge token is very high.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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