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In March 2023, OP Mainnet secured $160 million for development. However, after five months, its performance has not met expectations, with its price dropping by almost 50% since the fundraising. Meanwhile, its competitors, such as Everlodge, are steady in the bear market. In the presale, ELDG is up 80%, drawing investor interest. 
<h2 class="wp-block-heading" id="exploring-everlodge">Exploring Everlodge</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh3.googleusercontent.com/d-XK9BKmkAunMuvJh8gQ1ETquyLHrpWtFV0kcV-dmp386N2G-GtR6ubPLW_C9vRQyAI3yg_2w8hmcyL4hnAv_Rwn-xiDRTWS6Ruw5_lYjp0YT3yMAjLLCuFhFO9NCV_b7uHH4gLjA8avuuWb5cEnGJg" alt="Everlodge up 80%, OP underperforms despite OP Mainnet raising $160M - 9">
</figure> 
ELDG is up 80% in the ongoing presale, currently in stage 3. 
Everlodge introduces decentralized finance (defi) in the travel property market, offering a marketplace for fractional investments, from as low as $100, in luxury villas, hotels, and holiday homes.&nbsp; 
Investors can buy ownership shares in properties through non-fungible tokens (NFTs) instead of purchasing entire properties. Multiple investors can co-own a single property. Moreover, no credit checks or extensive paperwork are required, making transactions swift and reducing barriers to entry. 
 You might also like: <a href="https://crypto.news/everlodge-presale-drawing-uniswap-and-polkadot-supporters/"> Everlodge presale drawing Uniswap and Polkadot supporters </a> 
With&nbsp;<a target="_blank" href="https://everlodge.io/" rel="noreferrer noopener">Everlodge</a>, investors can build global property portfolios and generate income from anywhere.&nbsp; 
Buying ELDG provides access to a VIP rewards club that offers free stays at various properties within the ecosystem.&nbsp; 
Holding 10,000 ELDG tokens can earn a two-night visit to a luxury Maldives villa, which can be used for accommodation or sold for additional income. 
ELDG is currently available for $0.018 in the ongoing presale. Experts predict prices to reach $0.035 before launch.&nbsp; 
<h2 class="wp-block-heading" id="op-underperforming-in-2023">OP underperforming in 2023</h2> 
OP prices have nearly halved since its $160 million raise in Q1 2023.&nbsp; 
Following the fundraising, OP rose to $2.60 but is currently trading at $1.30, down 16.26%. 
 You might also like: <a href="https://crypto.news/optimism-to-sell-156m-in-op-tokens-via-private-sale/"> Optimism to sell $156m in OP tokens via private sale </a> 
OP Mainnet must make significant progress to regain media attention, as its daily trading volume is less than $3 million.&nbsp; 
Despite the development team’s active work on multiple initiatives, recovery remains uncertain.&nbsp; 
For this reason, investors are exploring alternatives, calling into question OP’s prospects. 
Find out more about the Everlodge (ELDG) Presale 
Website:&nbsp;<a target="_blank" href="http://www.everlodge.io/" rel="noreferrer noopener">https://www.everlodge.io/</a> 
Telegram:&nbsp;<a href="https://t.me/everlodge" target="_blank" rel="noreferrer noopener">https://t.me/everlodge</a> 
 Read more: <a href="https://crypto.news/analysts-bullish-on-bnb-uniswap-and-everlodge/"> Analysts bullish on BNB, Uniswap, and Everlodge </a> 
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Everlodge up 80%, OP underperforms despite OP Mainnet raising $160M

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