Cryptocurrencies have become increasingly popular as investment options in recent years. However, with the ever-changing market conditions, it can be difficult to pick the ones that are actually worth investing in.
In this article, we’ll take a look at what’s happening in the crypto world right now. We will see why Everlodge might be the one to outperform PancakeSwap (CAKE) and Huobi (HT).
Join the Everlodge presale and win a luxury holiday to the Maldives
PancakeSwap (CAKE) Sees Rise in Revenue
PancakeSwap has struggled to sustain its growth due to the ongoing sluggish demand for CAKE. In the past month, the market value of PancakeSwap (CAKE) has dropped by more than 10%. Thus, the trading price of PancakeSwap (CAKE) currently hovers at $1.15.
This has come despite PancakeSwap (CAKE) witnessing a rise in its fees, and revenue in recent weeks. Notably, the revenue of PancakeSwap (CAKE) overtook that of BNB Chain in the last month. As per the data from research analyst glebk.eth, PancakeSwap (CAKE) sailed higher with a monthly revenue of $970,800.
According to experts, rising fees imply that more integration is taking place on the PancakeSwap (CAKE) exchange.
Huobi (HT) Quashes Reports of Its Founders’ Arrest
Huobi (HT) has been going through a difficult situation. The Huobi (HT) exchange was already suffering from declining liquidity. However, recent news reports have made it more challenging for Huobi (HT) to survive in the current market phase.
Media reports suggest that the founders of Huobi (HT) are under investigation by the Chinese authorities. However, Huobi (HT) has been quick to quash all these reports, and call them baseless.
To fight the bearish sentiments, Huobi (HT) has announced that it will soon launch PayPal’s stablecoin, PYUSD, on its exchange. Meanwhile, the current trading price of Huobi (HT) stands at $2.44.
Everlodge (ELDG) Creates New Presale Success Record
Vacation rentals have seen a huge increase in profitability in the last few years. A market report shows that hotels in the United States collectively generate more than $194 billion in annual revenue. Hence, several investors are looking to invest in this sector.
However, vacation properties come with a high price tag. But, with Everlodge, you don’t have to worry anymore. This new web3 platform that will let you own vacation properties at a low price of $100.
Everlodge works by creating NFTs for real estate property. These NFTs can be fractionalized into smaller units. After that, they can be bought by retail investors. The platform encourages the concept of co-owning properties. Thus, multiple people can have fractional ownership on a single property.
To achieve that goal, Everlodge will work with the leading hospitality industry players to bring quality vacation properties into the ecosystem.
We're thrilled to announce that our website just got a makeover! ?
— Everlodge (@EverlodgeHQ) October 23, 2023
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
ELDG is the platform’s native cryptocurrency. Token holders will be rewarded with discounts, holiday giveaways, and other exclusive benefits. Additionally, they can earn additional income through the staking of their tokens.
The tokens are currently in the third stage of the presale round. Currently, the ELDG token is available for sale at $0.023. However, in the 7th stage, the token’s value will go up to $0.025.
Market experts predict that the project will see a 280% increase in the presale stage, and a 30x increase during its launch on Uniswap.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
