Uniswap, Binance (BNB), Everlodge - Cryptocurrencies To Look Out For

Crypto enthusiasts have recently taken an interest in three cryptocurrencies - Uniswap (UNI), Binance (BNB), and Everlodge. However, some traders have favored ELDG over UNI and BNB.

Everlodge’s unique business roadmap and high market viability have made it a favorite among investors. Some traders believe that its market value can rise by 30x in the coming months.

Find Out How To Buy Everlodge (ELDG)

Uniswap (UNI) Sees Erosion In Its Liquidity

Uniswap (UNI) has been struggling to keep its network growth healthy. As per the latest on-chain data, the liquidity on the Uniswap (UNI) network has been running low for the past many weeks.

The data has shown that Uniswap (UNI) is left with only $6 million worth of liquidity in the USDT-USDC pair. According to experts, the overwhelming dumping of USDT has been the primary reason behind the erosion in Uniswap’s (UNI) liquidity.

Moreover, the network activity of Uniswap (UNI) has been downward. Subsequently, the price of Uniswap (UNI) has suffered a drop of 2% in the past seven days. At press time, Uniswap (UNI) is trading at $6.01.

Binance’s (BNB) Fees And Revenue Drop

Despite facing several market challenges, Binance (BNB) has been able to surpass Ripple in market capitalization. Binance (BNB) has now become the fourth-largest cryptocurrency by market capitalization.

This development has positively influenced the price movement of Binance (BNB). In the past 30 days, the market value of Binance (BNB) has increased by 1%. As a result, the current trading price of Binance (BNB) is hovering around $241.93. However, not all is green for Binance (BNB), as it has suffered a drop in the gas amount.

Besides, Binance (BNB) has also seen a drop in its fees and revenue.

Everlodge Emerges As The Brightest Star

What if a person could own a vacation home or a luxury villa with a small amount of money? This has been made possible by Everlodge. It is a first-of-its-kind blockchain platform that allows people to fractionally own luxury villas, vacation homes, and hotels for as low as $100. Since the global real estate market size is expected to rise at a CAGR of 5.2% by 2030, this platform can reach the sky soon.

Its working is extremely simple and transparent. The platform will digitize and mint NFTs against luxury vacation homes. The platform will also fractionalize these NFTs, and enable people to purchase them in smaller quantities. By virtue of this process, the price of these NFTs is directly proportional to the value of real-world properties. As per market trends, the price of real estate has increased over time. So, these NFTs’ value will be immune to any market downfall.

Another perk of being a member of this platform is access to the Rewards Club. Everlodge members will earn free stays across all properties and hotels associated with it. They can also resell these nightly stays to generate a passive income. ELDG is the native crypto of the platform.

The platform has started the Beta stage of the presale, with a price tag of $0.01. Since its presale follows a dynamic pricing model, the value of the token will increase at every stage. According to some analysts, the market value of the project could possibly rise by 280% during the presale round. Also, the platform aims to raise $12 million during the presale.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.