The crypto market is known for its volatility, with a few projects like Cosmos (ATOM) and Chainlink (LINK) constantly in the limelight. However, there is a new contender in Everlodge (ELDG), which seems to be gaining traction among...
The crypto market is known for its volatility, with a few projects like Cosmos (ATOM) and Chainlink (LINK) constantly in the limelight. However, there is a new contender in Everlodge (ELDG), which seems to be gaining traction among crypto enthusiasts.
Cosmos is continuously developing
Cosmos has positioned itself for a promising future with its commitment to interoperability and continuous development.
A collaboration between the Cosmos network and Nomic was announced in recent news. This partnership will introduce a bridge connecting Bitcoin with the Cosmos interchain.
The IBC-enabled nBTC will launch on Oct. 30, which could have a significant impact on crypto. This bridge will allow seamless transfer between ecosystems using a Bitcoin address, eliminating the need for complex conversion processes.
Some analysts note that the bridge’s development highlights Cosmos’ dedication to expanding interoperability and providing access to various blockchain networks. Some experts predict ATOM to retest $10.83 by December 2023.
Chainlink’s on-chain activity surging
There has been a surge in the number of active addresses on Chainlink, coinciding with the FTX fallout.
From Oct. 9, over 8,000 unique addresses interacted with Chainlink, the highest since May 2021. This spike in usage highlights a growing interest and adoption of the platform.
Market analysts are bullish on LINK, expecting the token to hit $15.12 in Q4 of 2023.
Everlodge rising in stature: will it outshine Cosmos and Chainlink?
Everlodge is a new project that aims to revolutionize the real estate market.
It combines fractional vacation home ownership with non-fungible tokens (NFTs) and timeshare technology to address the high cost of entry in traditional real estate ownership.
By minting properties into NFTs and fractionalizing them, Everlodge will allow users to become fractional owners at an affordable price.
Additionally, Everlodge will introduce the Rewards Club. Members can earn free nightly stays across all properties and hotels and resell them for a passive income stream. However, only ELDG holders will receive rewards and discounts.
ELDG is presently available for $0.023 in stage 6 of the ongoing presale. Experts expect the token to reach $0.038 in the near future.
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