Meta title: Dogecoin (DOGE) Suffers Millions in Liquidations, Binance FUD Spreads – Everlodge (ELDG) to Surge
Meta description: Dogecoin (DOGE) sees millions of dollars worth of liquidations. Everlodge (ELDG) is expected to surge by as much as 20% soon
Keywords: Dogecoin price, Dogecoin value
In a recent turn of events, Dogecoin (DOGE) experienced a series of sudden liquidations, leaving traders and investors puzzled. This tumultuous situation comes in the wake of growing uncertainty surrounding Binance, one of the leading cryptocurrency exchanges. As the DOGE community grapples with market turbulence, another player, Everlodge (ELDG), emerges as a potential beacon of stability and innovation.
Join the Everlodge presale and win a luxury holiday to the Maldives
Dogecoin (DOGE): Liquidations Amidst Binance FUD
Dogecoin (DOGE), known for its viral popularity, has seen its fair share of ups and downs. However, recent events have stirred unease among DOGE traders. Most importantly, the spread of FUD following the announcement of Binance Connect’s closure contributed to millions of sudden liquidations across the Dogecoin market.
To clarify, Dogecoin reported long liquidations totaling more than $6.13M, a two-month high. As a result, the Dogecoin price also took a hit. In fact, the Dogecoin value has dropped by 6% in the past week alone. Dogecoin is trading hands at $0.07062 with a market cap of $9.9B, down 5.09% overnight.
Moreover, all its technical indicators are showing strong sell signals. Therefore, market analysts remain bearish for Dogecoin’s short-term growth. As a matter of fact, they predict that if this trend continues, a drop to its support level of $0.060 is in store.
[ad]Everlodge (ELDG): A Glimpse of Stability and Potential
In times of market turbulence, projects that demonstrate resilience and promise, like Everlodge (ELDG), are sought-after. This upcoming property marketplace is stepping into the spotlight by addressing long-standing issues in the real estate market. As traders closely monitor Dogecoin’s trajectory, Everlodge is gaining attention for its potential to surge by 20% soon.
Making a Difference in Real Estate
With its innovative approach, Everlodge leverages NFTs to tokenize property ownership, making it accessible to a broader range of investors. This democratization of real estate investment offers a potential solution to the industry’s challenges for years.
For example, trust is a fundamental aspect of any real estate transaction, yet the industry has faced challenges maintaining transparency. Everlodge addresses this by storing all property-related information, titles, and ownership details on the smart contract’s metadata.
Also, the high cost of properties is one of the biggest obstacles to entering the real estate industry. Everlodge solves this issue by digitizing and minting NFTs representing actual luxurious villas, hotels, and vacation homes. Afterward, these NFTs are fractionalized. In other words, buyers from all walks of life can become fractional owners of hotels for just $100.
ELDG and Its Long-Term Growth Potential
While the cryptocurrency market is known for its volatility, Everlodge is positioning itself as a unique opportunity amidst the chaos. Currently, its native token ELDG is worth only $0.01 as it is in Stage 1 of its presale. However, they are selling fast, which brings Stage 2 closer and, along with it, a pump to $0.012.
Furthermore, prominent analysts in the field predict a 30x rally for the token on its launch day thanks to its real-world ties to the global hospitality industry (valued at $4.548T in 2022). Register for the presale below if you want free nightly stays in various properties on the Everlodge ecosystem, staking rewards, and more.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
