Injective Surges after Listing on OKX, Is Everlodge on the Same Trajectory?
Photo: Everlodge
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/Everlodge/ – Web3 is all about revolutionizing old ideas into new and more accessible ones. While Injective gives people the speed of a centralized exchange but the transparency of self-custody of assets, Everlodge combines the idea of Airbnb with a more equitable model through blockchain tokenization, meaning that everyone, not just the super-rich, can benefit.
Injective Is Up by over 1000% This Year
Injective is trying to combine the best of Web2 with Web3. It’s a decentralized exchange that is built on the Cosmos SDK for speed and safety. But unlike traditional DEXs such as Uniswap or 1inch, it doesn’t use an AMM (Automated Market Maker) system, but rather a traditional order book. This makes it speedier and more efficient than current DEXes, but more transparent than CEXes.
As Cosmos is considered a Layer 0, Injective is therefore a Layer 1 blockchain. And that’s why the team claim Injective to be “The fastest layer 1 blockchain for finance”. noting that it is “Backed by Binance, Pantera & Mark Cuban”.
The Injective protocol’s native INJ coin first became available on the Binance Launchpad in October 2020 at an initial price of $0.40. At the peak of the 2021 bull market, Injective was trading for $25, before losing much of its gains in the bear market. However, the coin has been on a tear with an astounding 1103% gain over the last year.
Following its listing on the CEX OKX, Injective has experienced higher lows and higher highs, and is now trading at $19.49, indicating that it is likely to make new highs if bullish conditions continue.
Will Everlodge Exceed the 3000% Predictions?
Everlodge is a new project that could see similarly massive gains, due to the nature of the project. Like Injective, they aim to combine the best of Web2 with Web3, explaining their concept as “where Airbnb meets Web3”. According to rumors, one of their founders worked with Airbnb and saw the potential for combining the business model with the blockchain.
Here’s where Everlodge really stands out – by using tokenization of Real World Assets, they will enable investors to co-own vacation rental properties. This means that ordinary investors can enjoy portfolio diversification, starting with as little as around $250.
Everlodge will remove the hassle of buying and managing rental properties, and remove barriers to entry such as not having enough money for a deposit, or needing to undergo invasive credit checks.
And for those who don’t know much about the global property rental market? Everlodge has a solution. Using AI to analyze insights and trends, they will be able to identify places where the buy/rent ratio is favorable and offer those insights to their community.
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The platform plans to work with developers and hotel chains, and in the future will even help to fund promising developers using their property launchpad. This means that Everlodge’s community will have access to unique and early-stage investment opportunities.
In return for their investment, people will receive a share of the rental income, and can sell their stake in a vacation property for a profit, as prices rise.
The Everlodge platform will be backed by the ELDG token, which is currently in presale. Stage 8 has just begun, and the token is on offer at $0.027. The presale will have 11 Stages and the ERC-20 token will launch at $0.038, on Uniswap and two Tier-1 CEXes.
Experts have been predicting a 3000% rise when this takes place, meaning that Everlodge could well be the next Injective in terms of price action and disruptive ideas.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
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