- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Tokens like Everlodge (ELDG), Quant (QNT), and VeChain (VET) are not just riding the wave of crypto hype, they actually offer real-world applications that have the potential to disrupt traditional systems. Everlodge is already attracting huge attention in this regard, with a 170% gain during an ongoing presale event. Let's dive into the technical aspects of these tokens to understand why they hold such potential.
Everlodge's fractionalized property ownership model presents an innovative investment opportunity. Unlike the volatility that can sometimes affect pure crypto investments, Everlodge offers tangibility by anchoring its value in the timeless appeal of luxury real estate.
Properties are minted into NFTs (non-fungible tokens) and fractionalized into smaller shares, allowing investors to diversify their holdings across multiple properties. This is a game-changer for the traditional real estate and cryptocurrency industries.
Investors benefit from capital appreciation, rental income, and even voting rights on property management decisions. All this is attainable through Everlodge's smart contract-based platform that eliminates intermediaries and reduces costs.
The Everlodge Rewards Club is perhaps the most exciting feature. It offers complimentary stays at luxury properties within its network and the flexibility to resell these nights for passive income. The ELDG token is used as the payment currency within the platform, creating real utility for token holders and driving demand.
Users can stake their ELDG tokens for fixed monthly passive income payments. Extra bonuses are given when providing liquidity to developers on the Everlodge Property Launchpad feature. This much utility is expected to propel ELDG's value beyond 30X in the near future.
The ELDG token is currently valued at $0.027 as it enters its eighth presale phase, having experienced a notable 170% surge since its autumn debut. While the price is set to keep rising throughout the presale, industry analysts forecast that a 30x surge will follow once Everlodge launches next year.
Quant (QNT) is a distributed ledger technology (DLT) service that aims to allow businesses to connect and operate seamlessly across different blockchains. The Quant Overledger software is the first API gateway built for blockchains and inter-chain apps.
The QNT token is at the heart of the Quant ecosystem, providing access to the platform's services and fueling its operations. Companies that use Quant's technology will need to hold QNT tokens, creating a steady demand for the asset. This utility elevates QNT beyond being just another cryptocurrency and makes it an essential part of the future of blockchain interoperability.
The price of Quant surged more than 400% throughout 2022, while the rest of the market faced a bearish trend. This was caused by rumors that Quant was working with the Bank of England to explore the use of its technology in central bank digital currencies (CBDCs).
However, Quant has fallen from the 2022 high to a current price of $110 after these rumors have yet to come to fruition. Chart technicians note that Quant is held within a giant triangular structure on the daily timeframe, with strong horizontal support at $100.
VeChain is a layer-1 blockchain that rose to fame in 2018 after announcing that it would help to build smart cities in China. While this news has come to fruition, VeChain still has some of the best partnerships with large enterprises such as Walmart China, BMW, and national governments.
VeChain utilizes a dual token system, with the VET token acting as a store of value and the VeThor (VTHO) token used for transactions and smart contract execution. This token utility should result in the VET token increasing in price over time, while the VTHO token can be stable for businesses as their costs remain consistent.
Recently, VeChain's token experienced a notable rise from $0.016 at the end of October to a high of $0.030 on December 13th. This sudden price surge can be attributed to VeChain finally breaking the declining trendline that has held the price down since May 2022.
But can this upward trend be sustained? It depends on how well VeChain can continue implementing real-world use cases and whether Bitcoin holds its current levels. The latest VeChain rollouts of Token Bound Accounts, updates to the dApp kit and store, and integration of Coinbase Pay will encourage investors that the project is moving in the right direction.
