Two well-known players in the crypto realm, Polygon (MATIC) and Litecoin (LTC), have long held their ground. But, a fresh entrant is making waves – Everlodge. Let’s delve into the story of these three, and explore why the latter might just be the next crypto star.
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Polygon (MATIC): A Bumpy Ride for Ethereum Scaling
Polygon (MATIC) has tried many different ways to make Ethereum faster and cheaper. The platform started by using its own blockchain, but that wasn’t enough for Polygon (MATIC). Then Polygon (MATIC) tried using “rollups,” which are a way to make Ethereum transactions happen off-chain. But that wasn’t perfect either.
Now, Polygon (MATIC) has released a new tool, the Chain Development Kit (CDK). This tool lets developers of Polygon (MATIC) create layer-2 chains using ZK technology, a way to make transactions more secure and private.
Polygon (MATIC) is facing competition from other layer-2 solutions like Matter Labs’ zkSync, and Starkware’s Starknet. These solutions are also using ZK technology. The race to be the best layer-2 solution is heating up, and it’s not clear who will win. The current price of Polygon (MATIC) is $0.55. This is 81.05% below the all-time high of $2.92.
Litecoin (LTC): Navigating the Payment Landscape
Litecoin (LTC) is known for its fast and cheap transactions. Furthermore, Litecoin (LTC) has been gaining popularity as a payment method, especially through BitPay, a payment processor that accepts cryptocurrencies. In fact, Litecoin’s (LTC) share of payments through BitPay has surged in recent months.
However, Litecoin (LTC) has also faced some challenges. The halving event of Litecoin, which reduces the number of LTC that are rewarded for mining, initially sparked bullish expectations for the cryptocurrency. But Litecoin’s (LTC) performance has not met these expectations, and the price has been declining.
The emergence of a bearish death cross formation on LTC’s chart has further dampened the sentiment around this digital asset. The current price of Litecoin (LTC) is $64.29. This is 84.43% below the all-time high of $412.96.
Everlodge (ELDG): Shaping Future of Real Estate Investment
Everlodge is making real estate investing easier. It combines the ease of use of Airbnb with the latest Web3 technology to make it simple to buy a share of a property.
Anyone can start investing in vacation rentals with Everlodge, even if you only have $100. You can earn money from renting out the property, without having to do any work yourself. ELDG will use NFTs to make it easy to buy and sell stake in properties, which makes the market more liquid and transparent.
According to a report by Metaverse Property, fractionalized ownership accounts for 80% of the NFT real estate market. This makes Everlodge a promising platform for investors who want to get involved in the NFT real estate market.
The platform will also have a marketplace where people can trade NFTs. Additionally, it will offer a launchpad for developers to raise money, and a lending program that uses NFTs as collateral. The ELDG token can be used to buy and sell properties, pay for fees, and access rewards and incentives.
Furthermore, the platform’s strategy is to make money by turning properties into vacation homes that can be rented out for short periods of time in popular cities. ELDG will offer full Airbnb management services, and is committed to maximizing profits for its investors using a Web3 approach. So far, the project has sold more than 27 million tokens, and is available at a price of $0.012 each.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.