Whales Are Accumulating Everlodge and Immutable X in Record Numbers, Why?

Following recent price surges, investors are accumulating Immutable X (IMX) and Everlodge at record rates. Both projects gained significant momentum throughout September, and are now expected to rally again in October. 

Their recent price increases have also attracted crypto whales, who are now driving up the price of both projects. Here’s why Immutable X and Everlodge are must-haves for October. 

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Click Here To Find Out More About The Everlodge (ELDG) Presale

Crypto Whales Anticipate Returns of 280% With Everlodge

Everlodge is attracting thousands of investors every week with its exciting utility and revolutionary applications. The project presents an innovative marketplace combining DeFi technology and travel property investment. 

This is the first time DeFi has been applied to the travel property market, which has created much anticipation around Everlodge. Using its marketplace, everyday investors can purchase equity in properties worldwide. To do this, they can purchase fractionalized NFTs representing ownership in the property. For example, an investor can purchase an NFT that represents 50% ownership of a property. 

This concept has several advantages over the traditional real estate model. Firstly, as several investors can own one property, the barrier to entry is significantly reduced. Investors no longer need six figures to get started. Instead, they can buy a fraction of an NFT for as little as $100. 

Another advantage is that investors don’t need to jump through hoops to invest. As Everlodge is fully decentralized, investors can get involved without the need to pass credit checks and additional background checks. Instead, they can instantly make a purchase and all data will be stored on the blockchain. 

After buying an NFT, an investor will earn the same benefits as a traditional real estate investor. They will generate an income based on how much the property makes from rent, and their NFTs will increase as the property’s value rises. 

Everlodge will use ELDG as its native token. Token holders are granted a number of rewards, including staking bonuses, discounts and properties, and access to a unique members club. As part of this club, investors will earn free stays at Everlodge properties. For example, an investor holding 15,000 ELDG could earn a 2-night stay at a hotel in Italy. This stay can be redeemed as free accommodation, or sold for additional profit. 

Everlodge tokens are currently trading at $0.018. However, given recent whale investments, they’re expected to increase in value again before the end of September. Should current growth rates continue, tokens are expected to rise to $0.035 before the Everlodge presale has finished. 

Immutable X Continues To Rise After Weekly Surge

Immutable X (IMX) is making headlines worldwide after a number of crypto whale investments. In just one week, Immutable X surged by 31% and is now trading at $0.5871. These investments come following a recent dip, which took Immutable X below $0.4 for the first time since 2022. 

While several whales purchased Immutable X, the most noticeable transaction was a purchase of $9.5 million worth of Immutable X, which has been moved to a wallet that contains $15 million worth of the cryptocurrency. 

However, despite growing Immutable X activity, the project is still down by 19.11% over the last year. This suggests that the recent surge could be nothing more than market hype, so daily trading activity is starting to fall. 

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

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