Crashes are quick in the crypto market. However, the recovery road is long and filled with difficulties. Siacoin (SC) and Storj (STORJ) are going downward. Thankfully, Everlodge is keeping its investors happy.
Siacoin (SC) Loses Big as Crypto Market Crashes
Siacoin (SC) started as one of the most promising altcoins in the market. However, the token couldn’t convert its initial gains into success. Siacoin (SC) suffers from low adoption and network activity rates. Despite the difficulties, Siacoin (SC) almost touched $0.0050 in February. It couldn’t sustain the position, though.
Moreover, Siacoin (SC) is down by 37.83% in a year, and nowhere close to its all-time high of $0.0928. Q2 data reveals there is very little demand for Siacoin (SC). It appears that even long-time token holders are losing faith. Needless to say, this has affected the token’s recovery.
Additionally, Siacoin (SC) couldn’t break through the resistance despite multiple attempts. After the recent rejection, Siacoin (SC) is testing the lows once again. The token is available for $0.002961 at press time. Siacoin (SC) lost 13.92% in the last seven days. Moreover, the market cap is down by 5.84%. Experts say Siacoin (SC) is not likely to go bullish for a long time.
Can Storj (STORJ) Regain its All-Time High
Storj (STORJ) last touched its all-time high in March 2021. The token lost 51.63% throughout its lifetime. Storj (STORJ) is trading at $0.2525 at press time. It is down by 12.17% in the last seven days. In fact, the market cap and trading volume are also down for Storj (STORJ).
Unfortunately, data shows Storj (STORJ) may not reach its former high this year. Moreover, the network has released its Q2 data on the website. The report also confirms that unlocked tranches at the end of Q2 will not be relocked. Additionally, Storj (STORJ) intends to unlock more tranches at the end of Q3. These tokens will support the platform’s growth.
Despite the volatile market and downward price graph, Storj (STORJ) aims to attract more traders. However, the company’s efforts aren’t yet successful. According to analysts, Storj (STORJ) may touch a maximum of $0.34 by year-end. It will be interesting to see if the token can pick up momentum when the market improves.
Everlodge (ELDG) to Deliver 30x Returns to Investors
Everlodge is where AirBnB meets Web3 to provide unique earnings opportunities in the crypto market. It is a property marketplace for users to fractionally invest in hotels, villas, luxury vacation homes, etc., on the blockchain. With Everlodge, multiple users will be able to invest in a real estate property and earn revenue.
The platform will digitize and mint hotels and vacation homes into NFTs. Each NFT is fractionalized into smaller fragments. Thus, users can purchase these fragmented NFTs to co-own a property with others. Every user will receive their share of revenue as passive income. Furthermore, an increase in property price will increase the NFT value.
Additionally, ELDG is the native token on the Everlodge platform. Token holders will receive special discounts on property prices. They will also be eligible for discounts on trading and maintenance fees. Moreover, users can leverage the token for payments outside the platform. In fact, token holders can also receive a fixed monthly interest, and one week of free stay every year at the vacation home. This reward can also be sold to other users.
The ELDG tokens are priced at just $0.01, and are expected to grow by 30x during the presale. Invest in Everlodge before the presale ends to get high returns, and benefit from the global vacation rental market, which is expected to grow at a compound annual growth rate (CAGR) of 4.7%.
Find out more about the Everlodge (ELDG) Presale