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Bitcoin (BTC), Ethereum (ETH), and Everlodge are three of the most innovative and exciting projects in the cryptocurrency space. They recently have improved their risk rating as well as surging in price. But which one has the most real-world utility?
Join the Everlodge presale and win a luxury holiday to the Maldives
Bitcoin (BTC) Receives Medium Risk Rating
Bitcoin (BTC) has received a medium risk rating from InvestorsObserver. The rating of Bitcoin is based on a scoring system that analyzes the money requirements to move the price over the last 24 hours. It also takes into account changes in volume and market capitalization.
A medium risk rating indicates that Bitcoin’s price can change rapidly, but it corresponds relatively closely to the value of the BTC, which is trading. Investors should consider other risks associated with Bitcoin, such as hacking and theft.
The medium risk rating comes as Bitcoin’s price has been declining in recent days. The price of Bitcoin has fallen by 0.57% in the past 7 days, and declined by 2.08% in the last 24 hours. The current price of Bitcoin is $26,589.64. Bitcoin is 61.35% below its all-time high of $68,789.63.
Ethereum (ETH) Price Surpasses $2,000, But Then Falls
Ethereum (ETH) recently surpassed the $2,000 mark for the first time since May 2023. This surge of Ethereum was likely due to a number of factors, including the implementation of the Shanghai and Capella upgrades, the first unstaking of Ethereum since December 2020.
However, Ethereum’s price has since fallen below $2,000. Ethereum is currently trading at around $1,580. Some analysts believe that this decline is due to a number of factors, including profit-taking from investors, as well as concerns about the overall state of the cryptocurrency market.
Furthermore, the price of Ethereum has declined by 3.02% in the past 7 days. Ethereum (ETH) is 67.63% below the all-time high of $4,891.70.
Everlodge (ELDG): The Web3 Platform Revolutionizing the Real Estate Industry
Imagine a world where you can own a piece of paradise, a luxury vacation home, or even a villa, for just $100. With Everlodge, a cutting-edge blockchain platform, this dream is now a reality.
Everlodge is poised to revolutionize the real estate industry by making it possible for people to own fractional ownership of high-end properties through NFTs. The platform will partner with well-known hotels and real estate developers to add top-notch properties to its ecosystem. As a result, it will create NFTs and fractionalize them. Thus, small amounts of NFTs can be purchased.
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— Everlodge (@EverlodgeHQ) September 11, 2023
The platform aims to capture the global luxury real estate market, with experts anticipating it to reach $8.6 trillion by 2026. ELDG will work by creating NFTs that are directly correlated to real estate properties. Thus, the value of your NFT will appreciate as the value of the underlying property increases. Additionally, Everlodge will offer a Rewards Club membership that gives users free stays in any hotel or property registered with the platform.
As of now, ELDG, the platform’s native cryptocurrency, is in its third stage of presale. The token’s price has increased by 80% since its launch. Analysts project it to reach from $0.0018 to $0.019 by the next stage. Analysts forecast that its market price could increase by up to 280% before the end of the presale phase.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
