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  • Writer's pictureDavid Manion

Bearish impact on XLM and XRP, ELDG emerges as top profit generator.

Bearish impact on XLM and XRP, ELDG emerges as top profit generator.
Bearish impact on XLM and XRP, ELDG emerges as top profit generator.

The world of cryptocurrencies is full of uncertainties and dynamism. Therefore, investors must remain attentive to all the events happening in the market. At present, the presale success of Everlodge is the hottest topic in the market. Bearish impact on XLM and XRP, ELDG emerges as top profit generator.

Experts are highly convinced of this new project’s unique business roadmap. Therefore, its presale is getting sold out fast. On the other hand, Stellar (XLM) and Ripple (XRP) have failed to retain their investors.

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Stellar (XLM) Inches Closer To Mainnet Launch Of Soroban

Stellar (XLM) has released the testnet upgrade of its Protocol 20 to improve its network, andattract more developers. By releasing this testnet upgrade, Stellar (XLM) aims to prepare the ground for the mainnet launch of the Soroban smart contracts platform.

As per an official communique, Soroban will improve the scalability and sensibility of the Stellar (XLM) blockchain. At present, Stellar (XLM) is testing Soroban on its testnet, Futurenet. However, the Stellar community is more worried about the declining value of XLM.

Over the past 30 days, the price of Stellar (XLM) has dropped by 10%. Consequently, Stellar (XLM) is open to trade at $0.11.

Ripple (XRP) Receives Recognition In Fortune Magazine

Since a federal court has ruled in favor of XRP against the SEC, Ripple has witnessed many positive developments. Recently, Fortune Magazine ranked Ripple (XRP) as the 13th “best workplace for technology” in 2023.

Notably, Ripple (XRP) is the only cryptocurrency organization on the list. Earlier this year, People’s Magazine’s list of “100 Companies Who Care For Employees And Society” mentioned Ripple (XRP).

However, Ripple’s (XRP) price is still struggling. Ripple’s (XRP) trading value has dipped by 1.4% over the last month. Thus, Ripple’s (XRP) current price stands at $0.50.

Everlodge (ELDG) Presale Rocks Crypto World

The global vacation rental market is likely to reach $119 billion by 2030. Moreover, the sector is expected to experience rapid growth and profitability in the coming years. Hence, there is a large number of people who want to invest in, or own vacation properties.

This offers a stable and lucrative earning opportunity. Everlodge, a new blockchain platform, is ready to revolutionize this industry.

The Web3 platform will allow you to own vacation homes, or luxury villas for just $100. It will join hands with the most well-known hotels, or real estate developers to select properties for its ecosystem. It will create Non-Fungible Tokens (NFTs) against these properties, and fractionalize them to allow users to buy in smaller amounts.

One of the most coveted features of the platform is the Rewards Club. By joining the Rewards Club, users will get complimentary stays in the hotels, and properties registered on the platform.

ELDG is the native cryptocurrency of the platform. It is currently in the third stage of its presale. Since its launch, the market price of the token has increased by 80%. The current price of a token stands at $0.018.

It will rise to $0.019 by the next stage. Analysts predict that ELDG’s market price could rise as much as 280% by the time the presale is over.

Find Out More About The Everlodge (ELDG) Presale

Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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