THORChain (RUNE), a standout in the realm of decentralized finance (DeFi), continues its upward trajectory in the market. Simultaneously, the spotlight is shining brightly on Everlodge, a revolutionary new project poised to transform the gargantuan $230 trillion real estate market. As we speak, "whales" or large investors are eagerly flocking to this promising venture. Let's jump into the details.
THORChain (RUNE) Price Forecast: Gains Amidst a Bearish Market
THORChain, a trailblazer in decentralized liquidity protocols, recently ignited the crypto market with the launch of "streaming swaps," a product that fueled both the trading volume and the valuation of THORChain.
In a week where Bitcoin slumped by 20% to fall below $26K, THORChain defied the odds, soaring over 40% to a level unseen in the past four months. In fact, THORChain surged from $0.92 to over $2.00 in the space of three weeks.
The remarkable climb can be attributed to THORChain's innovative streaming swaps. Going beyond conventional swap methods, these streaming swaps leverage sub-swaps to unlock superior pricing for traders. The resulting flexibility puts traders in the driver's seat, letting them tailor their transactions to the pulse of the market.
Accompanying this ascent, THORChain's trading volume surged a staggering 94% to $211,230,019, with its market capitalization swelling 12.11% to half of a billion dollars.
As centralized exchanges like Binance and Coinbase find themselves in regulatory crosshairs, decentralized alternatives like THORChain might emerge as attractive options. Offering token swaps without regulatory burdens, THORChain could fill a growing need.
But the path ahead for THORChain is not without shadows. With a history of two hacking incidents in July 2021 that cost $13 million, THORChain is still languishing 92% below its historic high. THORChain has now corrected to the $1.60 area where it is finding local support on the daily timeframe.
The convenience of streamlined swaps addresses an evident market demand, but the arena is crowded, and competition is cutthroat. The potential success of THORChain hinges on flawless execution and an unwavering commitment to security. Only time will reveal if THORChain can navigate these complex waters and keep up with Everlodge.
Everlodge (ELDG): Luxury Real Estate Made Accessible
Picture yourself holding a share in a sumptuous $9 million apartment in the heart of New York, something you've perhaps only fantasized about. Seem unattainable? With Everlodge , it's a reality waiting to be seized, and it all begins with a mere investment of $100.
The magic behind this possibility is Everlodge's ingenious use of NFT technology to fractionalize properties. By transforming these real estate jewels into digital tokens, every facet of the property is preserved, ready for you to own, or even resell. Transfers? They're as swift as a click, all safeguarded by the robust blockchain.
But hold on, there's more to Everlodge than this cutting-edge marketplace. The Launchpad is a meeting point where property magnates and the broader community converge. Developers can fuel their projects through crowdfunding, and investors get a golden chance to jump into top-tier real estate projects right from the get-go.
The Rewards Club of Everlodge is like an endless string of VIP passes. Membership lets you indulge in stays at some of the most luxurious venues on Earth. And here's the game-changer: these nights aren't mere experiences; they're tradable commodities. Feel free to "flip" them and turn these plush stays into a revenue stream.
At the core of Everlodge's universe lies the ELDG token, more than just digital money. It's your ticket to a world filled with exclusive advantages, from staking to discounts on property rates. It's akin to joining an elite club with privileges that set you apart.
With the ELDG token priced at $0.010 during the first presale phase, it's a fleeting chance for pioneers to reap the rewards. Whales are already joining in droves, with more than $300K pledged in the first few days of the presale.
Analysts note the momentum is only going to snowball from here, with the ELDG token expected to keep rising in price throughout the presale, before surging 30X once it hits the open market.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
