Can Ripple (XRP) Reclaim Its Position from Solana (SOL) as Everlodge (ELDG) Gains Favorable Market Sentiment Ahead of 2024

(NewsDirect)

Everlodge, a new property marketplace, is set to launch in
January next year. However, from its presale record, the brand new
project is already garnering significant attention. This rise is bound
to continue along with the price and sentiment around the Everlodge
token.

On the other hand, Ripple XRP
lost its position as the top 5th cryptocurrency by market caps at the
hands of Solana. Is there a possibility of Ripple taking back its
position on the crypto list? Let’s delve into these topics, starting
with Everlodge’s gleaming potential to continue attracting positive
attention.

Everlodge (ELDG) is Poised to Retain a Huge Ratio of
Positive Market Sentiment

Everlodge (ELDG)

is a
smart investment strategy for those seeking the best crypto investment
to throw their money into. The grand reason is because Everlodge is
the world’s first NFT marketplace backed by real-world properties,
where you can buy vacation homes with crypto in seconds.

Alongside being one of
the promising crypto investments to look up to, Everlodge is here to
stay. Simply put, no other crypto project has done something like
this. Let’s break down Everlodge’s features to you, and tell you
why the project will retain a significant portion of positive
sentiment from investors.

Everlodge ($ELDG), which has just appreciated to $0.027 in its
stage 8 presale, brings a new innovation that involves buying, selling
or investing in real world properties and homes, but as NFTs. Yes,
non-fungible tokens.

Everlodge aims to fully digitize properties like villas,
hotels, apartments, and the likes into NFTs, and of course they’ll
equally stand in place for the real thing. However, what’s special
is that these already digitized NFT represented properties are
fractionalized into smaller units. For example a villa worth $10,000
can be divided into 100 bits worth $100 each.

This innovation allows
for anyone to buy, and invest in lofty properties with low cost,
furthering easy access to real estate investment. Being a new and
smart idea, Everlodge is sure to gain a huge ratio of positive
sentiment and possibly be the best crypto investment to many investors
when it launches.

Moreover, the $ELDG
token opens up a realm of benefits. This ranges from reduced rates on
property acquisitions to utilizing $ELDG as a currency within the
Everlodge ecosystem. The perks extend further, encompassing
complimentary accommodations, eligibility for contests, and the option
to stake tokens for a consistent monthly interest. You can proceed to

buy the token

now
in its ongoing presale.

Solana (SOL) Steals 5th Spot From
Ripple (XRP)

Solana (SOL) has recently disrupted the crypto hierarchy,
momentarily securing a spot among the top five cryptocurrencies by
market capitalization, surpassing even Ripple XRP.

This remarkable increase
in the value of Solana highlights the turbulent nature of the crypto
market, where rapid changes reshape the landscape unpredictably.
Solana price is even up by 8.32%, sitting at $80.32, as at the time of
writing.

In a mere
five years, Solana has experienced an extraordinary surge in value,
boasting an impressive 11,000% growth. Bill Morgan, a legal expert and
crypto enthusiast, has

emphasized

the unexpected momentum of Solana, briefly overshadowing Ripple in
market capitalization against prevailing expectations.

The resilience of Solana
is evident in its consistent performance. Each dip to its 20-day
Exponential Moving Average (EMA) has been met with a swift rebound,
suggesting a potential trajectory toward the $100 price point. Its
success extends beyond Ripple, outperforming major cryptocurrencies
like Ethereum and Cardano this year.

The on-chain data further supports the strength of Solana,
portraying a robust and scalable ecosystem. With a recent 12% price
increase between December 16 and 20, Solana price reflects a growing
investor confidence, positioning itself as one of the top crypto coins
at the moment.

Ripple coin (XRP) Faces Ongoing Struggle— Can
it Retake its Lost 5th Position?

In the competitive crypto market, Ripple is
currently grappling to regain its former stature. The absence of a
strong pushback above key price averages has led to continued
sell-offs, creating a tug-of-war between bulls and bears.

The struggle of Ripple
is evident as it tries to establish stability between $0.55 and $0.70,
with bears aiming to push the value down to critical support levels.
However, Ripple coin has managed to rise way high above its support to
a current price of $0.6246.

Nevertheless, in contrast to the robust performance
of Solana, Ripple still faces challenges in regaining its position,
particularly due to the damage SEC inflicted on its market. It might
be almost impossible for Ripple to regain its position before the year
ends, which is just in 11 days. However, in the long run, Ripple may
end up surpassing Solana again.

For more information about the ongoing Everlodge
(ELDG) Presale, please visit their

website

.

Everlodge
provides you with a seamless approach to fractional investing in
vacation rentals, eliminating the complexities associated with
traditional real estate investment. Our innovative platform
revolutionizes the way people invest in second
homes.

Contact Details

Brett

admin@everlodge.io

Company
Website

https://everlodge.io/

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