Chainlink and Aave down over 10% on the 7-Day Chart, Everlodge Model Helps Everyday People Invest in Luxury Assets with Only $100

Chainlink and Aave down over 10% on the 7-Day Chart, Everlodge Model Helps Everyday People Invest in Luxury Assets with Only $100
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Chainlink (LINK) and Aave (AAVE) have fallen into the red zone on the weekly chart with a decrease in value of 10%. However, those looking to diversify have already gone towards a new project known as Everlodge (ELDG), which can help everyday people gain the opportunity to begin making investments in luxury assets with just $100. We will analyze the value of these cryptocurrencies and see their future growth potential.

Summary

  • Chainlink has decreased by 10% on the weekly chart
  • Aave is down in value but can increase up to $84.15 by the end of the year
  • Everlodge is expected to spike 280% during the presale and by 30x at launch

Chainlink (LINK) Down 10% on The Weekly Chart

The Chainlink (LINK) cryptocurrency has been red on the weekly chart. This pattern has left many analysts speculating about its future. As of August 4, 2023, the Chainlink price is $7.11. Moreover, during the past week, its low point was at $7.09, with its high point at $7.94. Overall, the 7-day decrease was by 10%, and the two-week decrease was by 12.9%.

However, the cryptocurrency still has a large market cap of $3,825,266,082. It also ranked 23rd on the top 100 list and has a 24-hour trading volume of $211,335,341. 

With these aspects in mind, there is still hope for the future of the Chainlink price. According to a Chainlink price prediction, it can reach between $8.27 to $9.51 by the end of the year.

Aave (AAVE) Sees Price Decrease

As for the Aave (AAVE) cryptocurrency, it has showcased a similar pattern. As of August 4, 2023, it trades at $63.58. Moreover, during the past seven days, the cryptocurrency saw its low point of value at $62.02, with its high point at $74.69. In addition, the Aave crypto decreased by 13.1% in the past seven days and by 15.4% in the last 30 days.

As for its market cap, it is at $923,779,362, and the cryptocurrency ranks 47th on the top 100 crypto list. Moreover, it has a 24-hour trading volume of $81,535,952. 

With a circulating supply of 14,508,121, analysts predict that the cryptocurrency could experience a recovery. According to an Aave price prediction, it can see an increase from either $73.89 or $84.15. 

Everlodge (ELDG) Model Helps Anyone Invest in Luxury Assets With Just $100

Everlodge is an innovative platform that will enable anyone, no matter what kind of budget they have, the opportunity to get into the luxury real estate investment space. With the most common, traditional options available out there, people are required to have a lot of up-front capital or get loans in order to make an investment. However, all of this changes with the utilization of blockchain technology.

The Everlodge ecosystem utilizes the power of NFTs. Moreover, these get fractionalized. There are now smaller bits that can be purchased by individuals. If a luxury asset property is worth $1 million, it can get split across numerous smaller fractions, each costing $100, for example. So a person could invest $100, or $1,000, or $10,000 into that property, depending on how many fractions they buy.

When the property in question appreciates in value, so will the NFT held by the investors. So if someone invests $100 in a property, and it appreciates by 20% and is worth $1.2 million, their share would be worth $120.

Holders of the ELDG token can also benefit holders, such as enabling them discounts on trading and maintenance fees. For its initial price, it costs just $0.01 to get now. According to analysts, the projected price increase for Everlodge is 280% during the presale and by up to 30x at launch.

Find out more about the Everlodge (ELDG) Presale Today

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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