Bitcoin is the gold of cryptocurrency. It dictates market movements and is recognized as a strong asset globally. However, due to its high price tag, many investors are choosing alternatives like Everlodge and Curve DAO.
Everlodge and Curve DAO have experienced significant returns throughout November, and are both outperforming Bitcoin. Here’s why these altcoins may be stronger investments.
Everlodge Sets To Become The Next Big Altcoin
Everlodge is shaking up the altcoin market. The new project introduces an exciting DeFi application: the use of NFTs to purchase equity in travel properties. The market for travel properties is one of the fastest growing in the world. However, most travel properties are passed down from generation to generation. Without 7 figures, its hard to get started.
However, with Everlodge, investors will be able to get involved for as little as $100. The project marketplace will let investors buy fractionalized NFTs that represent ownership of a property. Each NFT smart contract will contain the deed to the property, as well as all information required to make the transaction.
As NFTs are fractionalized, multiple investors can own a percentage of a property. For example, 5 investors could own a 20% share in an $800,000 villa.
Everlodge will also solve many of the travel property market issues through decentralization. Investors looking to invest won’t require a background or credit check. Instead, they will be able to log into Everlodge, find a property they like, and instantly make an investment.
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After making an investment, investors will generate a passive income from the property. This income will vary based on how much of the property an investor owns and how much the property produces every month.
Due to its myriad of applications market analysts believe that Everlodge could become the next big altcoin. Should it gain traction among property investors, it could revolutionize a $82 billion market.
Investors who got involved in Everlodge early have already made significant returns on their investments. However, this is just the tip of the iceberg. During its presale, Everlodge is expected to increase to $0.035 (it is currently worth ($0.025.) Furthermore, post-launch analysts believe that Everlodge’s value will rocket a massive 30x.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
Bitcoin Soars Above $43,000
Bitcoin’s value has soared over the last month, taking the cryptocurrency to its highest price in 2023. Currently trading at $43,931, Bitcoin’s value has increased by 25% in November alone, and now investors are asking how high it will go.
However, despite its rise, many investors continue to miss out. Given that a single Bitcoin costs over $40,000, only a small percentage of investors can afford to buy a Bitcoin. Furthermore, while fractional investments are possible, better returns can be made with smaller projects like Everlodge.
Curve DAO’s Bullish Trend Continues
Curve DAO has quickly become one of the most in-demand altcoins. After a crypto whale purchased $9.27 million worth of Curve DAO the project has experienced several price increases. Investors initially believed that this rise was temporary, however Curve DAO’s value has increased over the past two months.
Throughout November, Curve DAO’s price increased by 7.87%. The project is now trading at $0.61, and its daily trading volume has hit over $77 million. On its current trajectory, Curve DAO could hit $0.75 by the end of 2023, which would be a significant milestone.
