Everlodge gains 90%, ApeCoin and Pepe Coin sell-off continue
Investors are increasingly interested in trading, and Everlodge is firm, edging higher. Its presale can present opportunities, partly explaining the rising interest among users.
In contrast, ApeCoin (APE) and Pepe Coin (PEPE) remain under pressure, contracting due to market challenges.
ApeCoin falls after recent unlock event
ApeCoin recently released over 40 million APE worth $58.47 million, which pressured the token even more. As a result, APE dropped by over 25% to $1.12.
Experts maintain a bearish outlook on APE; even the BAYC non-fungible token (NFT) collection, the biggest brand in the ApeCoin ecosystem, has been free-falling.
PEPE free-falling
PEPE has been falling in the past month, dropping by over 23%. The token is now changing hands at $0.00000067, down 84% from May 2023 peaks when it soared to record highs.
The sell-off can be due to several events, including last month’s rug-pull fears and internal conflicts.
Three members of the project’s development team pulled out 16 trillion PEPE, denting the platform’s reputation.
Everlodge presale draws investors
The hospitality industry is expected to be worth over $5.8 trillion by 2027, creating an excellent investment opportunity.
Everlodge has developed a unique business plan that caters to this industry. Its blockchain-based platform allows users to own a hotel or vacation property for as low as $100.
The properties are converted into NFTs and divided into smaller units, offering small investment opportunities. The value of the NFTs is equivalent to the properties.
The platform’s native token, ELDG, allows holders to join the Rewards Club and even stake, diversifying income streams.
In stage 3 of the presale, ELDG is available for $0.018. However, experts predict the token to rally by 280% by the end of the presale and post even more gains by the end of the year.
Experts predict that the token price will increase by at least 280% before the presale ends and by 3000% by 2023.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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