Cryptocurrency

Everlodge Launches ELDG Token, Avalanche (AVAX) and Cosmos (ATOM) Displays Contrasting Market Trajectories

IndustryTrends

Investing in real estate assets is about to get better with Everlodge's (ELDG) innovative property investment model. In another development, Avalanche (AVAX) price is witnessing marginal growth in the crypto market. In contrast, the Cosmos (ATOM) token has been struggling with an extended bearish sentiment for days. While the tokens show different price trajectories, the article will look at which of them is among the best cryptos to invest in the short and long term. 

Everlodge's (ELDG) Real Estate Investment Platform Records Wide Acceptance, Experts Back Token to Bull

The innovative approach of Everlodge (ELDG) toward making real estate investment affordable, secure, and profitable is gaining momentum among real estate investors who are now joining the project in large numbers. With Everlodge, investors can co-own luxury properties at cheap price points by simply buying fractionalized NFTs. These NFTs are backed by real-world luxury properties, thereby giving investors who buy them ownership rights to the properties that they represent. 

As the price of these properties increases, so will the price of the NFTs. With as little as $100, users can buy these NFTs, which is a digital representation of these assets.  Moreso, investors will get a percentage share of the revenue generated from the properties that they co-own.

The innovation of Everlodge is consolidated with the ELDG token, which is showing heightened growth potential. Having just concluded the presale of ELDG, the token has been listed on the Uniswap exchange and is currently witnessing significant buyouts. Notably, early investors of ELDG have generated up to 190% in returns. In the same way, experts have backed the token to oversee a potential 350% growth within the year.

As such, ELDG has become one of the best cryptos to invest in the blockchain ahead of tokens like Avalanche and Cosmos. Having already been listed on Uniswap, the chances of ELDG rising are high. This makes now the best time to invest in the token at a very good price point. In the coming weeks, the Everlodge platform will be listing the token in other Tier -1 exchanges, which will help to boost the popularity of the project and, in return, increase the token's price.  

Avalanche (AVAX) Back on a Bullish Trend

The price value of Avalanche (AVAX) is witnessing an uptrend, having struggled to bull in the later stages of January. As shown in the price chart, Avalanche was on a bear trend for a significant part of January, dropping to $27 in the last week of January. However, the Avalanche price has since regained lost ground by gaining up to 40% since that January dip, making it one of the top crypto coins that has returned good profits in the past few weeks.

Meanwhile, the Avalanche trading volume and market cap have been on a decline in the past week. As such, the declining market activity may knock some steam out of the token's bullish momentum.

Cosmos (ATOM) Shows Sign of Breaking its Extended Bearish Trend

Cosmos (ATOM) has struggled with a significant bear trend since the turn of the year. For context, the Cosmos price fell by over 14% in January. However, the market chart shows that the token might be breaking the bearish sentiments in the coming days. 

The Cosmos weekly price chart shows the token recorded a slight 2% growth. Given the extended bearishness of the token in January, the slight growth is a sign of good things to come. Analysts are anticipating a resurgence for the Cosmos token in the coming weeks.

For more information about Everlodge (ELDG) please visit their website.

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