The crypto market has been bullish lately. The biggest cryptocurrency, Bitcoin (BTC), has been performing quite well. However, amidst the market dominance of Bitcoin, a new project, Everlodge, has become a favorite among investors. It has captured massive attention for its growth potential and disruptive approach.
Bitcoin (BTC) Surpasses Market Biggies In Market Cap
Despite facing a steep market downfall in 2022, Bitcoin (BTC) has been able to stun the global market in 2023. As per Infinite Market Cap, Bitcoin (BTC) has overtaken market biggies like Tesla, Berkshire Hathaway, and Visa in market capitalization.
According to the report, the market cap of Bitcoin (BTC) has reached $809.6 billion, which is just 3% less than that of Meta. Consequently, Bitcoin (BTC) is now the 10th-biggest asset by market cap in the world.
The market cap of the King crypto has been moving upward against the backdrop of a rapid rise in the market value of Bitcoin (BTC) tokens. Notably, the price of a Bitcoin (BTC) token has increased by more than 25% in the past month. Thus, Bitcoin (BTC) is trading at $43,709.07 at press time.
The potential SEC approval for Spot Bitcoin ETFs has further solidified the market stand of BTC. According to some media reports, the SEC may grant the approval in 2024. Accordingly, experts believe that Bitcoin (BTC) may surpass the mark of $100,000 by the end of the next year.
Everlodge (ELDG) Presale Jumps 150%
In recent years, there has been massive growth in the global vacation rental industry. A research report indicates that the industry is likely to reach $315 billion by 2031. This implies a CAGR of 12.4% from 2022 to 2031.
Looking at the growth prospects, investors are interested in putting their money into the vacation rental sector. However, the industry has historically been considered cost-intensive, deterring individual and small investors. However a new blockchain project, Everlodge, has addressed this issue.
It is a one-of-a-kind revolutionary platform where people can own vacation properties for as low as $100. It converts real estate properties into NFTs, and breaks them into smaller parts. This allows retail and small investors to purchase the NFTs. Moreover, the NFTs can also be used as collateral to obtain a loan against property.
The platform plans to team up with top real estate players to add the best properties to its ecosystem. Meanwhile, the Launchpad feature of the platform helps developers raise funds for their new projects.
We’re thrilled to announce that our website just got a makeover! 💻
Check out the fresh look and discover the NEW features we’ve added. It’s all about making your experience even better!
Plus, remember that our Presale is still ON.
Explore now: https://t.co/SIYWBylwQD#RWA pic.twitter.com/aTuT8x7z36
— Everlodge (@EverlodgeHQ) October 23, 2023
Everlodge’s native token, ELDG, is up for sale. Owners of these tokens will receive several benefits, including holiday gifts, discounts, and many more. You can also stake the tokens to earn additional income. To ensure stability and prevent pull-outs, the platform has decided to lock team tokens for 2 years, and the liquidity pool for 8.
The presale round of the platform is undergoing its seventh stage. So far, the market value of an ELDG token has soared by 150%. Currently, you can buy a token for just $0.025. However, experts believe that the token’s price will surge by 280% in the presale phase, and 30x after its launch on exchanges.
For more information about Everlodge (ELDG) please visit their website.
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.