Bearish Pressure Pushes Investors of Gala Games (GALA) and The Sandbox (SAND) to Everlodge (ELDG)

Following the high market volatility of Gala Games (GALA) and The Sandbox (SAND), investors are exiting the projects while searching for alternative projects that will return profits. Meanwhile, Everlodge (ELDG) is surging, with more investors joining the project. 

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

Gala Games (GALA): Promising Web3 Platform Failing in the Crypto Market

While Gala Games (GALA) has been one of the standout gaming platforms in the Web3 Blockchain, it has not been particularly doing great in the crypto market. For context, the Gala Games token price has dropped by 16 in the last 30 days. 

Gala Games seemed to have pulled a resurgence last week before the token slide back to the bear market in the last few days. While the Gala Games price is experiencing a decline, the trading volume is increasing, which means more people are buying the token, which could lead to a resurgence soon. Analysts are optimistic of a price rally before the end of the year. 

The Sandbox (SAND) Token Struggles To Overcome Bear Trends As Investors Decide Next Move

Following The Sandbox ( SAND) token’s 26% loss in price value in the month of August, the token has divided the opinion of experts in regards to the next price trajectory. The Sandbox token price has declined by 3% in the last few days.

It is yet to be seen if The Sandbox token will see a price rebound soon, but the increasing market activity points to the belief from investors that the token may rally again. Digitalcoinprice forecasts the token to trade at an average of $0.62 before the end of the year. With The Sandbox trading above $0.9 early in the year, the prediction could come to pass soon.

Reputation Rises As Everlodge (ELDG) Unveils Innovative Framework for Property Ownership

Everlodge (ELDG) is gearing up to introduce a futuristic marketplace for facilitating luxury property ownership through NFTs and blockchain technology. Everlodge allows investors to own a timeshare of luxury properties by investing as little as $100. With the fractionalization of properties, investors can buy NFTs that are backed by real-world properties and have their transactions documented and stored on the smart contract.

The Everlodge token has been trending among investors and analysts alike as a result of the expected 250% rise in price value before the end of 2023. Moreso, investors who buy the ELDG token will have an opportunity for a free nightly stay at any luxury property owned by the platform. Everlodge is currently in the second stage of token presale with the ELDG token sold for only $0.016.

Unlike the extended bearishness of the Gala Games and The Sandbox, Everlodge has shown a price trajectory that will give a high ROI to early investors. Users have control of their assets alongside their personal encryption keys. 

Regarding the project’s authenticity, Everlodge has passed its audit from an independent auditing firm with the KYC completed. Also, the liquidity of the Everlodge token will be locked for 8 years and the team token for 2 years to prevent an event of rug pull. With the token projected to rally by 30x on launch day, now is the best time to join the project at a very good price point. 

Find out more about the Everlodge (ELDG) Presale



The post Bearish Pressure Pushes Investors of Gala Games (GALA) and The Sandbox (SAND) to Everlodge (ELDG) appeared first on The Merkle News.