Stellar (XLM) and Chainlink (LINK) have recently faced bearish pressure, leaving investors wondering about their next moves. Meanwhile, Everlodge (ELDG) continues its bullish trajectory, capturing the attention of those seeking promising investment opportunities. Keep reading this article to explore the recent developments of XLM and LINK and the continued bullish momentum of ELDG.
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Stellar (XLM): Navigating Bearish Waters
Stellar (XLM), known for its focus on cross-border payments and financial inclusion, has encountered bearish pressure in the market. In fact, after surging to $0.16 at the end of July, the Stellar price has been on a downtrend. Factors such as broader market sentiment, regulatory developments, and industry trends have all contributed to this sudden Stellar coin decrease.
But, according to experts, Stellar’s long-term potential remains intact. Its emphasis on financial inclusion aligns with global efforts to provide accessible financial services to underserved populations. As the world becomes more interconnected, Stellar’s technology holds the potential to revolutionize the way value is transferred across borders.
Due to these reasons, experts in the field predict that the Stellar price may reach $0.17 within Q4 of 2023.
Chainlink (LINK): Unraveling the Bearish Trends
Chainlink (LINK), a leading oracle provider in the blockchain ecosystem, has also felt the effects of bearish pressure. Oracle services enable smart contracts to interact with real-world data, making Chainlink’s technology integral to various decentralized applications.
In recent Chainlink news, following the release of Chanlink staking v0.1 in December last year, the blockchain has now made public v0.2. Thus, the current release has raised the staking pool to 45M LINK. The staking platform for V0.2 has been redesigned to be completely modular, expandable, and upgradeable.
However, this news did not help the Chainlink price, which has plummeted since July 21st, when it sat at the $8.36 mark. Although many analysts remain bullish that Chainlink could see a rise to $9.12 before the year ends, holders are now looking elsewhere for long-term gains.
Everlodge (ELDG): A Bullish Path Forward
While Stellar and Chainlink navigate bearish trends, Everlodge (ELDG) continues its bullish trajectory. This rising presale star has already provided early buyers a 20% ROI, but further price increases are coming as Stage 2 is slowly approaching. Investors see something in this upcoming project that could revolutionize the real estate market.
To clarify, Everlodge will build a unique fractional property marketplace on the blockchain. Luxurious villas, vacation homes, and hotels will be digitized and minted into NFTs. Afterward, Everldoge will fractionalize these NFTs. Therefore, investors of all income brackets may become fractional owners of a property on the blockchain without excessive costs.
Additionally, the Everlodge Launchpad introduces an exciting avenue for property developers and investors. This innovative platform empowers property developers to raise capital from the Everlodge community for their new real estate projects. Meanwhile, the investors can maximize their ROI by buying into them early – a win-win for all.
Currently, the ELDG native token is worth just $0.012. But, thanks to its dynamic pricing model, as the presale advances, so will its value. Therefore, countless individuals are now purchasing this potential blue-chip token before it’s too late. Demand is so high that many experts forecast a $0.035 price point for it before its presale ends and another 30x jump on its launch day.
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