Polkadot and Cardano Holders Are Taking Profits, ''Diamond Hands'' Stacking More Everlodge (ELDG)

12/16/2023 20:00
Polkadot and Cardano Holders Are Taking Profits, ''Diamond Hands'' Stacking More Everlodge (ELDG)

A market-wide downturn followed Bitcoin’s 11th of December crash as investors fell into a bearish bias trap. They believed that the 2023 rally was over

A market-wide downturn followed Bitcoin’s 11th of December crash as investors fell into a bearish bias trap. They believed that the 2023 rally was over and it was best to get out early. Polkadot (DOT) and Cardano (ADA) holders began taking profits but acted too soon. The market jumped at Powell’s comments, and the winners are the ‘’Diamond Hands’’ who continued stacking more Everlodge (ELDG).

Polkadot (DOT): Introducing Dot 2.0

Polkadot aims to solve the interoperability problem faced by crypto. It introduced a unique hub and spoke model to solve this issue. The Polkadot relay chain carried information and messages between the Polkadot parachains- specialized blockchains- allowing for the creation of ecosystem magnitudes larger than layer ones at the time.

However, Gavin Wood stated that this model was too focused on chains and lacked flexibility. As a result, he announced Polkadot 2.0 a model that aims to become flexible by renting core time. Instead of leasing chains from Polkadot, entities can simply rent blockspace when and where it is needed. Polakdot delivers a great value proposition heading into 2024, and holders that took profits will regret selling their $DOT early.

Cardano (ADA): Return of the Dinosaur

Cardano has made an incredible rally recently, and many $ADA holders took profits, not expecting more from this dinosaur coin. However, they have made a short-sighted decision. Cardano’s ecosystem has started to thrive, and this once-overvalued layer one has finally become home to a wide variety of exciting dApps.

The unlocking of liquid staking tokens for the Cardano DeFi ecosystem has been crucial, and the ability to earn staking income while collateralizing an asset remains highly underrated. Following the Alonzo upgrade on the Cardano network, it received smart contract functionality, and now this more scalable and cheaper alternative to Ethereum (ETH) is thriving. Cardano is making a comeback and may surprise investors this cycle!

Everlodge (ELDG) Disrupting Real Estate

Diamond handers have been bidding the Everlodge presale, which has already rallied 170% due to its dynamic pricing model. Early investors lock in price increases, and those that move fast can still lock in several before launch.

It is easy to see why investors have been holding onto their $ELDG tokens. This project has massive potential, and analysts already predict it will 30X on launch. It will transform the vacation rental market- valued at over $82.63 billion.

Everlodge will take luxury villas, vacation homes, and hotels, mint an NFT fully on-chain containing all the titles and deeds, fractionalize this NFT, and then make it available to the general public.

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

Naturally, $ELDG token holders will receive discounts and first access to properties on the marketplace. These holders can even access the launchpad, where property developers will raise capital, allowing them to be the earliest-stage investors.

Fracitonalizing NFTs enables anybody to participate in real estate markets. Anyone using Everldoge will be able to unlock passive income and speculate on property value. Introducing NFT technology to illiquid real estate markets will transform the way business is done, and Everlodge stands to be one of the most significant gainers of 2024.

With a host of other benefits, including raffle prizes, staking rewards, and discounts across the platform, $ELDG looks to be the best bet of 2023.

Visit Everlodge

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.

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