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Cosmos is bearish as analysts predict Polkadot to retest $2, Everlodge bullish in presale

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Cosmos is bearish as analysts predict Polkadot to retest $2, Everlodge bullish in presale

Summary

  • Experts predict DOT to fall to as low as $2.
  • Cosmos navigating bearish trend.
  • Everlodge’s concept and blend of blockchain and real estate fanning demand in presale

The market trends are changing quickly, affecting Polkadot (DOT) and Cosmos (ATOM) prices. Analysts predict DOT to fall to as low as $2, while ATOM remains under pressure due to negative sentiments. On the other hand, Everlodge (ELDG), a new crypto project aiming to democratize access to real estate, is gaining attention, as seen in the ongoing presale.

Polkadot: $2 incoming?

Polkadot uses a unique multi-chain architecture to connect and secure specialized blockchains. 

There have been concerns about its underwhelming performance, and some analysts predict DOT to drop to as low as $2. 

As a result, DOT holders are re-evaluating their strategies and assessing the project’s viability. 

Despite this, DOT may rebound in the future.

Cosmos: bearish trend continues

Cosmos aims to create an interoperable blockchain ecosystem that can solve some of the toughest challenges in the industry. 

The ecosystem of connected blockchains seeks to address issues like expensive, slow, and unscalable proof-of-work (PoW) blockchains. 

However, ATOM has been under pressure and is struggling to maintain its previous momentum. 

The draw-down is attributed to the broader market conditions and increasing competition. 

Despite existing challenges, a rebound is likely, and Cosmos is an integral part of crypto.

Everlodge: bullish presale

Cosmos is bearish as analysts predict Polkadot to retest $2, Everlodge bullish in presale - 1

Everlodge remains bullish despite the bearish sentiment in crypto, as seen in the ongoing presale, currently in stage 5.

The project aims to blend web3 and real estate to create a property co-ownership platform with a marketplace that will digitize luxury properties like hotels, villas, and vacation homes into non-fungible tokens (NFTs). 

These asset-backed NFTs will further be fractionalized into smaller fragments, allowing investors to purchase smaller amounts of luxury property, starting at just $100.

ELDG, the native token of Everlodge, is available for $0.02 in the presale. However, experts expect more gains by the end of the year. Considering its growth potential, some investors are exploring Polkadot and Cosmos. 

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

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