In recent months, two cryptocurrencies – Bitcoin (BTC) and Everlodge – have garnered significant attention. While BTC has maintained its position as the leader in the market, the new token, ELDG, has risen as a promising contender.
However, the current investment trends show that investors prefer Everlodge over Bitcoin for better returns. This new project’s presale has attracted scores of investors for its enormous growth and returns. So, you must not miss this massive investment opportunity.
Bitcoin (BTC) Bonds Receive Approvals In El Salvador
The popularity and acceptance of Bitcoin (BTC) have continuously been surging, with El Salvador becoming its next strong ground. El Salvador’s long-planned Bitcoin (BTC) bonds have received approval from the country’s regulators.
While announcing the news, the authorities said that the Bitcoin (BTC) bonds are likely to be issued during the first quarter of 2024. Reportedly, the Bitcoin (BTC) bonds will go live on the Bitfinex Securities Platform.
However, Bitcoin (BTC) is facing several market challenges. As per the latest on-chain data, Bitcoin’s (BTC) total open interest has seen a steep decline due to a massive sell-off. Data from CryptoQuant shows that Bitcoin whales dumped their BTC holdings at $44,000 on December 6.
Experts believe that whales are less convinced about Bitcoin’s further growth, so they are offloading their BTC holdings.
This negative sentiment is also visible on the price chart of Bitcoin (BTC). During the previous week, the market value of Bitcoin (BTC) has fallen by 7%. Therefore, the current trading price of a Bitcoin (BTC) token is $41,082.36.
Everlodge’s Presale Reaches New Heights Of Growth
According to a report by AirDNA, the average daily rate for a short-term rental in the US will reach $278 in 2023. Interestingly, this number was $259 for 2021. This shows that the profitability of the hospitality industry has surged lately. Hence, it has also become a hot sector for investment purposes. If you wish to invest in a vacation property, Everlodge is your go-to platform.
With its revolutionary business roadmap, this new Web3 platform has disrupted the vacation rental industry. It will provide you with an opportunity to own luxury vacation homes and villas for just a small part of their actual price. Through this platform, you can now own a luxury holiday stay by investing just $100.
How it works is transparent and easily understandable. First, the platform will make digital tokens, called NFTs, for vacation properties. Then, it will split those NFTs into smaller units, making them accessible to small investors.
If you are looking to obtain a loan, you are free to use these NFTs as collateral too. Another noteworthy feature of the platform is Launchpad. It helps developers raise the money they need to get their new projects.
The platform is currently in its eighth stage of the presale round. One ELDG token, the platform’s native cryptocurrency, now costs 0.027. Moreover, you can make some extra money by staking your tokens.
Until now, the project’s value has gone up by 90%. As per some analysts, the ELDG tokens’ worth might increase by 280% by the end of the presale. Moreover, when it gets listed on exchanges, its value could even increase by a huge 3,000%.
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