DOT Under Pressure, Uniswap (UNI) Declines; Everlodge (ELDG) Uptrend Continues

The post DOT Under Pressure, Uniswap (UNI) Declines; Everlodge (ELDG) Uptrend Continues appeared first on Coinpedia Fintech News

With speculation of the bull run circulating the crypto market, some high-flying cryptos are still under the influence of the bear pressure. Polkadot (DOT) and Uniswap (UNI) have been battling the bear market for the past few days. Contrastingly, Everlodge (ELDG) is getting stronger by the day with analysts projecting the token to redefine the real estate industry when launched. Let’s see why Everlodge (ELDG) is garnering investors’ attention and is rated one of the best cryptocurrencies to invest in now.

Everlodge (ELDG) Opens Up the Real Estate Business for Average Investors

In its quest to make real estate properties affordable and attractive to average investors, Everlodge is breaking the barriers of entry by converting real estate assets into digitized NFT assets. From luxurious villas to high-taste hotels, Everlodge will allow the fractional sale of these properties in the form of digital NFTs secured with timestamps and unique identities.

Not only that, there is an established marketplace for buying and selling these properties, a launchpad for new developments, a reward club for committed members, and a lending platform for collateral loans. Everlodge will ensure the safety of investors’ assets by locking the team token for 2 years and the liquidity for 8 years.

As an erc20 token, ELDG will be the native token of the entire Everlodge ecosystem. This token will be used for transactions in the marketplace as well as payment of maintenance fees. By holding this token, investors will be entitled to a lot of benefits, including trading discounts, a reduction in maintenance fees, and the ability to stake their tokens for passive income. 

Regarding security, the smart contract has been audited and the KYC completed. The ELDG liquidity will be locked for 8 years and the team token for 2 years to prevent an event of a rug pull scenario. 

The ELDG is currently at the 9th stage of presale and is sold for $0.029. Going by analysts’ projections, ELDG is expected to increase by 280% in presale and 30x during launch. With the bull run being anticipated, Everlodge is one of the best cryptocurrencies to invest in now.

Polkadot (DOT) Under Pressure as Bearish Signals Prevail

Polkadot (DOT) is facing significant pressure from the bear market, with the token following the downtrend pattern in the last two weeks. With about a 10% slip in the past 7 days, Polkadot investors are exploring alternative projects to preserve their investment.

According to crypto analyst Ali Martinez who shared a Polkadot TD sequential sell signal on X, the chances of Polkadot bouncing back appear slim with the weekly sell signal showing green. This may result in an upsurge of profit-taking, which may further deplete the Polkadot price.

Uniswap (UNI) Declines but Pushes Hard To Break Key EMAs

Although Uniswap (UNI) has declined by 16.79% in the past 7 days, which has been attributed to the decline of the Uniswap trading volume, the show of strength as seen from its sellers who are trying to pull Uniswap towards the lower trendline may see it stage a resurgence.

According to many analysts, Uniswap may upstage the downtrend if it attracts more buyers. With the key supporting level situated at $6.304, Uniswap has to keep its highest investors while ensuring the inflow of new investors. If this is achieved, the Uniswap price may climb to the $10 mark before the end of Q1 of 2024. The coin still remains one of the best cryptos to buy for long-term profit. 

For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.