Over the last week Curve DAO and Everlodge have surged. Curve DAO is up by 15%, and Everlodge is now chasing a new all-time high after an 80% price increase during its presale.
According to market experts, both projects could see additional price spikes in October, as thousands of investors buy tokens. Here’s why Curve DAO and Everlodge are pumping today and why they could be top investments next month.
Everlodge Closes In On New All-Time High
Everlodge looks to overhaul the travel property market. Its exciting new marketplace lets everyday investors buy equity in holiday homes, hotels, and villas worldwide. These properties are made accessible through DeFi technology. Properties are first minted as NFTs, after which they’re fractionalized and sold to Everlodge investors.
Due to fractionalization, each property will have multiple owners. Each owner will earn a passive income based on how much of the property they own. For example, if they own 20% of an NFT of a property that generates $5,000 a month, they will earn $1,000 in passive income. This model works like traditional vacation home ownership, though significantly lowers the barriers to entry.
Hey, Lodgers! 🏡
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With $ELDG, enjoy the warmth of passive income, monthly surprises, and exclusive club access.
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— Everlodge (@EverlodgeHQ) September 26, 2023
Investors can get involved for as little as $100, and will be able to invest in any property regardless of their origin, location, or credit score. This means an investor in Europe can own property in Asia, an investor in Asia can own property in the U.S., and an investor in the U.S. can own property in Europe.
The Everlodge ecosystem will also include an exciting launchpad for property developments. Real estate developers and hotels will have the opportunity to secure funding from Everlodge investors. These investors will be rewarded with equity or debt in return.
Once an investor holds an NFT, they can take low-interest loans against it. This will work like taking a loan against a property, giving investors access to cash they can use to expand their portfolios further.
Investors are currently buying Everlodge tokens (ELDG) at record rates. The project has already increased from $0.01 to $0.018 during its presale, and is expected to offer significant returns. Given that it has huge potential and has been successfully audited, experts believe Everlodge could be on track to become the best presale of 2023.
Curve DAO Surges After Crypto Whale Investment
Curve DAO has increased in value by 15.3% in the last week. This increase occurred after a crypto whale purchased 9.27 million worth of Curve DAO, driving the project’s value to $0.5176. Since its increase, Curve DAO’s daily trading volume surged to over $50 million, though has dropped to $39 million over the last 24 hours.
As a decentralized exchange for stablecoins, Curve DAO could play a crucial role in the future of cryptocurrency. With regulations around cryptocurrency tightening, the demand for stablecoins will likely rise. As a result, Curve DAO could play a crucial role in the distribution of stablecoins, which will drive up its value.
That being said, some experts believe that this Curve DAO increase is temporary. Given the project’s recent performance, experts suggest that Curve DAO could crash after the hype around the recent whale transaction diminishes.
Find out more about the Everlodge (ELDG) Presale
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