What next for Axie Infinity & Polygon? Analysts like Everlodge for better gains

You can grow your money by 30% in 2023 by investing in Everlodge (ELDG). Its presale has attracted a score of investors and experts. They are confident that its value will increase manifold in the coming months. Therefore, Axie Infinity (AXS) and Polygon (MATIC) investors are selling their tokens and joining this new project.

Axie Infinity (AXS) drops as social engagements decline

The play-to-earn gaming sector has been dull for a long time. Axie Infinity has emerged as one of the worst-performing P2E games. In the past month, the market value of Axie Infinity has dipped by 23%. Consequently, the AXS token is currently available at $4.66.

Now, Axie Infinity has announced that it will unlock over 14,000,000 tokens in October. Reportedly, the total value of the AXS tokens to be unlocked is around $71,000,000.

Meanwhile, Axie Infinity has also witnessed a decline in its social engagements. The data from LunarCrush revealed that the social engagements of Axie Infinity (AXS) have plummeted by more than 9%.

Join the Everlodge presale and win a luxury holiday to the Maldives

Polygon (MATIC) whales show increased activity

The Polygon network has witnessed a surge in whale activities. The rise of Polygon in social metrics was a major reason behind this surge.

The latest data from Santiment has revealed that Polygon’s weighted sentiment has reached a 4-week high. Thus, investors have a bullish outlook on Polygon (MATIC). However, experts have pointed out that Polygon addresses with over one billion tokens are still under selling pressure.

This can worsen the price decline of Polygon. Meanwhile, the price of Polygon (MATIC) has tumbled by 21% on the monthly chart. Subsequently, a MATIC token is currently available to trade at $0.55.

Everlodge (ELDG) makes the crypto market more profitable

The demand for real estate properties is increasing day by day. Interestingly, the market acceptance for holiday properties has increased significantly in recent years. It is reflected in the TurnKey Vacation Rentals survey. It shows that 64% of travelers favor vacation rentals over other forms of accommodations. Hence, people are looking for opportunities to invest in vacation properties.

Everlodge (ELDG) is ready to encash this growth opportunity. It has launched a first-of-its-kind platform. Notably, it has utilized NFT technology in the hospitality industry. Thus, the platform helps individuals fractionally own hotels, holiday homes, and other properties.

The platform will mint NFTs for real estate properties. Next, it will fractionalize them. Hence, small and retail investors can own luxury properties for just $100. The NFTs will be backed by real-world properties. So, their value is expected to grow.

ELDG holders will enjoy several benefits, like discounts on property transactions, holiday giveaways, staking rewards, etc. The presale of the platform is in stage 3, with a token currently costing $0.018.

The project will supply only 800 million ELDG tokens. Moreover, 480 million tokens will be released during the presale phase. Market pundits are confident that the token’s value can scale up by 280% during the presale round. Besides, it can go up by 3,000% upon launch.

Find out more about the Everlodge (ELDG) presale:-

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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