Avalanche (AVAX) and Cosmos (ATOM) are trying to attract more users, and go bullish. Meanwhile, Everlodge gears up for a price rise in less than 24 hours with new investors joining the presale.
Avalanche (AVAX) Continues to be in the Oversold Zone
The crypto market is recovering, but Avalanche (AVAX) is not yet bullish. Avalanche (AVAX) lost 10.40% in a month and is way below the $10.1088 mark. The token is $9.01 at press time, recording a 2.30% gain in the last 24 hours.
In other news, Avalanche (AVAX) gets support from Google Cloud. It is one of the eleven blockchain platforms to integrate with BigQuery analytics service. Avalanche (AVAX) will now get on-chain analytics to analyze NFT, and transaction data. This collaborative effort by Google reflects the expansion of the blockchain industry.
While this news temporarily boosted Avalanche’s (AVAX) trading volume, the spike didn’t last long. Even the weighted sentiment metric recorded a jump for a short duration. Furthermore, Avalanche (AVAX) was in oversold territory when the volume increased. However, it is a positive development.
Avalanche (AVAX) is strengthening its bullish momentum by canceling the selling pressure. The token could shoot up when the market liquidity improves.
Cosmos (ATOM) Working With a DeFi Team to Solve Liquidity Issues
The Cosmos (ATOM) is priced at $7.03, and recorded a rise of 0.42% at press time. The market cap is up by 0.68% in the last 24 hours. However, the monthly graph is down by 2.59%. Cosmos (ATOM) has been suffering due to the ecosystem’s weak points that prevent users’ liquidity.
Cosmos (ATOM) couldn’t impact the market due to a liquidity crisis in its ecosystem. The platform decided to solve the problem by working with Evmos, Tashi, Swing, and Wormhole teams. It aims to create bridge tokens and increase connectivity with other platforms.
Furthermore, Cosmos (ATOM) plans to simplify the interface and make it user-friendly to facilitate DeFi transactions. Though the platform has launched new features this year, Cosmos (ATOM) couldn’t attract a large user base.
Additionally, Cosmos (ATOM) is preparing for Cosmoverse, an offline discussion forum. This event will take place in Istanbul, in the first week of October. The venue will have an exhibition, hacker lounge, workshop lounge, and networking lounge. Cosmos (ATOM) hopes to make the event a success.
Everlodge (ELDG) Gets Ready for Stage 4 of Presale
Everlodge is a blockchain-based vacation property marketplace for users to co-own villas, hotels, resorts, and vacation homes. The platform will digitize, and mint vacation properties as NFTs. These NFTs will be fractionalized.
The global vacation rental market is estimated to cross $91 billion by the end of 2023. With increasing demand for vacation properties in the market, it’s a good time to invest and reap benefits in the future. Everlodge combines AirBnB and Web3 for users to become co-owners by investing just $100.
Hey, Lodgers! 🏡— Everlodge (@EverlodgeHQ) September 26, 2023
Do you know? 🤔
With $ELDG, enjoy the warmth of passive income, monthly surprises, and exclusive club access.
Plus, who can resist sweet discounts?
Dive into a token that feels like home. 💙
Join the presale: https://t.co/kIufYkD05d#Presale pic.twitter.com/9yzt5hZhul
Users can gain long-term profits by investing in vacation homes through NFTs. Additionally, they can stake the native tokens to earn a fixed monthly income. Users can leverage ELDG as collateral to get loans. They can get rewards, discounts, deals, etc.
The tokens are priced at $0.018, and will grow by 280% in the coming days. Buy ELDG tokens during the presale to stand a chance to win a luxury holiday in the Maldives.
Find out more about the Everlodge (ELDG) Presale