Everlodge (ELDG) Captures Attention: Why Monero (XMR) and Quant (QNT) Investors Are Jumping Ship

Monero (XMR) and Quant (QNT) are two legacy cryptocurrencies popular among investors for quite some time. However, recently, there has been a buzz around a new player in the market — Everlodge (ELDG). The sudden attention has resulted in Everlodge surging 170% during an ongoing presale event that offers a chance to purchase the tokens at a discounted price. 

Monero (XMR) Regulatory Challenges and Delistings

Monero is the #1 privacy cryptocurrency in market capitalization ($3.18b), with a strong following from those who appreciate its anonymity. Monero has also been considered a haven in market volatility due to its lower price fluctuations compared to other cryptocurrencies. 

However, there is no denying that Monero is a controversial cryptocurrency that challenges the status quo of traditional currency beyond even Bitcoin. While the Monero community believes the anonymity makes it a true currency, the regulatory landscape isn't as welcoming. 

Governments have been cracking down on anonymous currencies, resulting in Monero being delisted from exchanges or facing restrictions in certain regions. Both Kraken and Binance have recently decided to avoid regulatory pressure by delisting Monero from their exchanges. 

Pricewise, Monero has climbed from roughly $145 on January 1, 2023, to a current price of $173.20. The $175 mark acts as resistance to further growth, while the 200-day moving average at $155 provides local support. 

Some Monero holders believe that while the asset will be a successful currency, mainstream adoption is unlikely to happen and take the price past the all-time high at $517. The Everldoge presale event has arrived at the perfect time for Monero holders to jump ship to a newer token with huge adoption just around the corner. 

Quant (QNT)'s Current Price Performance

Quant is an enterprise blockchain platform that aims to connect disparate networks and enable seamless communication between them. Quant has already worked with the Bank of England (project Rosalind), Madrid Telefonica Trust OS, PwC x SIAChain for SmartDubai, and other high-profile projects. 

So, why is the price of Quant stagnating? The current price of $112 means that Quant is the same price as January 1, 2023. With most altcoins being significantly up, concerns about its performance are starting to arise within the community. While the connections are impressive, there has been little adoption of the Quant Overledger so far. 

However, when looking at the fundamentals of Quant, there is no reason to panic just yet. Quant is a long-term project that aims to solve a complex issue, and it takes time for enterprise adoption to happen. The $150 level stands as the crucial resistance point, while a failure to hold above $100 could send the price towards $75. 

Still, some Quant holders are in the industry to make profits rather than support the growth of blockchain technology. These holders are flocking to the Everlodge presale to grab discounted ELDG tokens before it hits exchanges. With the token up 170% since the presale started, it looks like this is a smart move for those wanting gains.

Everlodge (ELDG): Real Estate Market Disruption

The global real estate market is enormous, valued at $280 trillion, yet many people find it difficult to access. Everlodge has a solution to this issue. By tokenizing properties into NFTs  (non-fungible tokens), the project aims to make real estate investments more accessible and affordable for everyone. 

These NFTs are divided into smaller parts, allowing more people to invest starting from as low as $100. As the total value of the property increases, each smaller part also increases in value, providing investors with potential profits. This opens up the real estate market to a wider range of individuals who may not have been able to afford traditional investments.

Titles and deeds are securely held within the metadata of smart contracts. This creates a decentralized and transparent system for owning, buying, selling, and investing in real estate. It is time for the middlemen and barriers to entry in the real estate market to be eliminated.

Everlodge is not just a platform for owning properties. It also serves as a hub for property developers, enabling them to crowdsource funds for upcoming projects and allowing users to trade property-based NFTs easily. Additionally, Everlodge has an innovative lending feature helps members obtain loans using their property assets as leverage.

Then there is the native ELDG token. Holders can stake their ELDG to earn rewards, get discounts on trading fees and property stays, qualify for holiday giveaways, and more as the platform grows. It should rise in value as usage and adoption of the platform increases.

The ELDG token is currently priced at $0.027 and is expected to rise with each subsequent presale phase. This presents a time-sensitive opportunity for potential investors, especially with analysts predicting a 30-fold ELDG value increase upon launch day.

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