Litecoin (LTC) and Bitcoin Cash (BCH) have lost value, which has made people curious about their future. But, in this uncertain time, there’s a new contender with promise – Everlodge. It’s a unique platform for investing in properties that use blockchain technology.
Litecoin (LTC): Tough Times Despite Achievements
Litecoin (LTC) recently marked a big achievement by completing 175 million transactions on its network. However, this good news is mixed with bad because Litecoin’s (LTC) value has dropped in price. Part of this was due to the announcement that Litecoin (LTC) would be removed from Binance.
This made people more negative about Litecoin (LTC). By August 24th, all Litecoin (LTC) trading had stopped on Binance. This was part of Binance’s plan to have fewer types of money pairs.
Additionally, the price of Litecoin (LTC) was 18.69% lower in a month, and 3.97% lower in the last 7 days. Thus, Litecoin’s (LTC) value had dropped to $74.6.
Bitcoin Cash (BCH): Mixed Feelings as Things Stay Steady
Bitcoin Cash (BCH) is in a situation where people are feeling neither too positive nor too negative. This is happening as the overall crypto market is not doing well. Bitcoin Cash’s (BCH) value recently went down by 1.28% to $187.14. Thus, Bitcoin Cash (BCH) got a “Neutral” rating on the InvestorsObserver Sentiment Score.
The price of Bitcoin Cash (BCH) has been going back and forth between $187.49 and $191.04, demonstrating high volatility. Additionally, not many people are trading Bitcoin Cash (BCH) currently, which makes things more complicated and needs careful thinking from investors. Moreover, Bitcoin Cash (BCH) is currently trading at 95.66% below its all-time high of $4,355.62.
Everlodge (ELDG): Making Property Investment Easier
While Litecoin (LTC) and Bitcoin Cash (BCH) are experiencing tough times, Everlodge is bringing in a fresh idea using blockchain. ELDG is a new way to invest in real estate. The platform will use blockchain technology to let people buy small fractions of luxury properties, like hotels and vacation homes. Thus, people can invest in real estate starting at $100.
According to a report, fractional ownership investors can expect to earn an average annual return of 8-12%. Everlodge will offer the potential for even higher returns, as the platform has raised an impressive $300,000 in just 2 weeks. Currently, the token costs $0.012 (already up 20%), and experts think it might go up by 30 times soon.
The platform will work by creating digital tokens, called NFTs, which represent ownership of a part of a property. These tokens will be stored on the blockchain, which is a secure and transparent way to keep track of ownership.
When you buy an NFT from Everlodge, you become a fractional owner of the property. Thus, you get to share in the profits from the property. Additionally, you will have the right to use the property for a certain number of days each year.
The platform will also have a Rewards Program that gives members free stays at the properties in the ecosystem. This is similar to a timeshare system, but it’s more flexible and gives members significant control over their stays.
Additionally, the platform will let you use your NFTs as collateral for loans. Thus, you can borrow money against the value of your investment, which can be helpful if you need cash.
Find out more about the Everlodge (ELDG) Presale