Will Algorand (ALGO) And Binance (BNB) Investors Ever Get Any Profit? Everlodge (ELDG) Accelerates The Presale Growth

The post Will Algorand (ALGO) And Binance (BNB) Investors Ever Get Any Profit? Everlodge (ELDG) Accelerates The Presale Growth appeared first on Coinpedia Fintech News

A strong downturn has captured the crypto market. It is visible in the abysmal conditions of long-standing projects like Algorand (ALGO) and Binance (BNB). Both projects are in critical condition, and their investors have started looking for other opportunities.

Meanwhile, a new project, Everlodge, has pumped the market with its exceptional growth prospects. Its presale has already surged by 20%. Moreover, the project’s value is expected to surge by 3,000% post-presale.

Join the Everlodge presale and win a luxury holiday to the Maldives

Algorand (ALGO) Enters South America To Boost Its User Base

In recent weeks, Algorand (ALGO) has suffered a drop in several metrics, from network growth to price. In the past 30 days, Algorand’s (ALGO) market value has plummeted by more than 11%. Thus, an Algorand (ALGO) token is now available at $0.0967.

To tackle this issue, Algorand (ALGO) has tried to expand its business to new regions, and attract new users. Recently, Algorand (ALGO) has joined hands with the largest digital asset platform in Argentina, the Ripio app.

Under this partnership, Algorand (ALGO) aims to explore growth opportunities in Latin America. According to experts, this partnership can result in strong user growth on the Algorand (ALGO) network. This, in turn, can encourage more utility, and long-term demand for Algorand (ALGO).

Mastercard Ends Its Crypto Card Partnership With Binance (BNB)

Market conditions for embattled cryptocurrency exchange, Binance (BNB), are only getting worse. In the latest setback, Mastercard has ended its partnership with Binance (BNB) for crypto card programmes. Under this program, Binance (BNB) users were allowed to convert cryptocurrencies into fiat in real time.

Earlier, Visa had ended a similar arrangement with Binance (BNB) in Europe. Besides, Checkout.com has also dropped Binance (BNB) as its customer due to regulatory issues. All these events have negatively impacted the price of Binance (BNB). Subsequently, Binance’s (BNB) market value has dropped 9% in the past month. At press time, Binance (BNB) is trading at $217.68.

Everlodge (ELDG) Presale Creates Enormous Returns

The market size of the global vacation rental industry is likely to rise to $119 billion over the next eight years. Everlodge has entered the market with a novel blockchain platform to cater to this growing real estate sector. It is the world’s first blockchain platform that helps users own hotels, and luxury villas for a mere $100.

This blockchain platform digitizes real estate assets, and mints non-fungible tokens (NFTs) against luxury holiday homes. Next, it fractionalizes the NFTs to help retail investors purchase them in smaller units. Moreover, the market price of these NFTs will be proportional to the price of real estate properties. So, their value is expected to increase over time, and stay immune to market downfall.

Additionally, a remarkable feature of this platform is that its members will get access to the Rewards Club. This exclusive club will allow users to earn free stays in all luxurious properties registered with the platform. Meanwhile, users can apply for a loan using these NFTs as collateral. ELDG is the native cryptocurrency of the platform.

Moreover, the project has initiated the Beta stage of its presale, and the price of a token is currently $0.012. Experts are sure that the value of this project will jump by 280% during the presale phase. If users purchase an ELDG token during presale, they can get the maximum benefit upon launch. 

Find out more about the Everlodge (ELDG) Presale

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

Telegram: https://t.me/everlodge