All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
Centralized exchanges are listing memecoins, Jerome Powell formalized the end of the rate hiking cycle, and old dinosaur coins are ripping. The signs are clear, and it is obvious that the market and participants are getting increasingly risk-on. It is a bull market season, and Bitcoin Cash (BCH), Ripple (XRP), and Everlodge (ELDG) are the next cryptos to pump. Here’s why.
Bitcoin Cash (BCH) & Growing Merchant Adoption
Bitcoin Cash is a relatively strange crypto to many newer investors and even old ones. It came into existence after an existential debate in the Bitcoin community. Was the purpose to provide a store of value or a peer-to-peer network for payments?
Bitcoin Cash was the result of the hard fork and its central innovation was changing the block size. As a result, Bitcoin Cash is faster and cheaper.
Merchants have adopted Bitcoin Cash, and this has powered its growth. Spending $BTC is a fundamentally broken model because people do not want to spend their $BTC but hold it.
That gap in the market is exactly where Bitcoin Cash resides, and its markets still attract many large traders due to its high daily trading volume. As more TradFi players enter crypto markets, expect Bitcoin Cash to rally.
Ripple (XRP) Road to $1
Ripple delivers practical business solutions for cross-border payments and treasury management solutions. The Ripple network allows users to send money anywhere in the world for fractions of a cent and within minutes. A drastic improvement on the traditional cross-border payments apparatus.
The native currency $XRP acts as a go-between currency in these transactions, which has two excellent benefits for Ripple. One, it provides a natural source of buy pressure, and two, the positive price action increases the company’s valuation by proxy.
Following its win in the court system earlier this year, analysts have once again begun calling for Ripple to target $1, and Ripple will be another crypto targeted by institutional investors.
Everlodge (ELDG) Transforming A $280 Trillion Market
Everlodge aims to introduce liquidity into the real estate market. What does this mean? The real estate market, valued at over $280 trillion, is highly illiquid, and sales take a long time. Everlodge will bring properties on-chain, specifically vacation properties, minting them as NFTs.
It will fractionalize these NFTs and allow anyone from anywhere in the world the ability to fractionally invest and own hotels, luxury villas, and vacation homes. The marketplace will be the central feature and where all this newly liquid real estate will trade.
We're thrilled to announce that our website just got a makeover! 💻
Check out the fresh look and discover the NEW features we've added. It's all about making your experience even better!
Plus, remember that our Presale is still ON.
Explore now: https://t.co/SIYWBylwQD#RWA pic.twitter.com/aTuT8x7z36
— Everlodge (@EverlodgeHQ) October 23, 2023
Everlodge will additionally feature a launchpad where developers can raise capital for new developments. $ELDG holders will be first in line for these yet to hit the market deals. A lending platform where NFTs can be collateralized to access cash, and even a rewards club allowing fractional owners free stays at properties within the ecosystem.
Changing the financial infrastructure of real estate and making it liquid and tradeable puts $ELDG in an entirely different league in regards to upside potential. Not to mention, each transaction will require $ELDG, and analysts already forecast a 30X on launch day.
This presale is one of the few crypto projects that has the potential to change how TradFi operates. No wonder it is set to enjoy a massive pump!
