Analyst opines on Cardano as traders turn to Everlodge
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
In a recent YouTube video, an analyst said Cardano (ADA) won’t be included in their investment portfolio based solely on personal opinion and on-chart analysis. Meanwhile, investors looking for diversification into presale projects have turned their attention to Everlodge (ELDG).
The real-estate marketplace aims to democratize the $280 trillion industry and incorporate artificial intelligence (AI) elements.
Cardano’s growth is slow
Lady of Crypto, a crypto analyst, has decided not to include ADA in her portfolio, pointing to bearish elements of the project.
In a YouTube video, she expressed her respect for Charles Hoskinson, the founder, and acknowledged his positive impact on the broader web3 industry.
However, after analyzing ADA, Lady of Crypto concluded that the blockchain would face significant headwinds and potentially struggle to keep up with competitors.
One of her concerns was the slow and systematic approach to development, which can lead to lost ground in the fast-paced crypto industry.
Despite ADA adding 33% in the past month, rising from $0.370701 to $0.395366 in the past week, network growth remains slow.
According to Cardano price predictions, ADA may break $0.40 and rally to $0.4327 by the end of 2023.
Everlodge fuses AI predictions into real estate
Everlodge, an upcoming real estate marketplace with an AI-driven approach, offers fractional ownership opportunities in luxury properties at a fraction of the traditional cost.
The project democratizes access to the multi-trillion dollar real estate market, enabling anyone, regardless of location or financial resources, to invest in luxury properties worth millions.
Unlike traditional real estate investments, which require substantial upfront capital and limited liquidity, Everlodge breaks down barriers by allowing users to own fractional shares of properties.
The platform utilizes AI technology to provide valuable insights to token holders, enabling them to identify potential growth areas in the real estate market.
Through an AI-powered tool, investors can gain predictive insights into emerging real estate hot spots, helping them make informed investment decisions.
To facilitate fractional ownership, Everlodge mints properties as NFTs and fractionalizes them into smaller pieces worth as little as $100.
This approach empowers individuals to diversify their portfolios and gain exposure to the lucrative real estate sector without the hefty upfront costs associated with traditional property ownership.
In the ongoing presale, ELDG is available for $0.025. However, experts expect more gains on launch.
For more information about Everlodge (ELDG), please visit their website.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.