Cardano and Everlodge on the spotlight as Magic Eden enhances support for Polygon (MATIC)

November 17, 2023 07:09 PM AEDT | By Invezz

Cardano and Everlodge on the spotlight as Magic Eden enhances support for Polygon (MATIC) — Image source: Invezz

Polygon (MATIC) bullish momentum post Magic Eden upgrade

Polygon (MATIC) stands out as a promising token, showing remarkable bullish signs following an upgrade from Magic Eden, a well-regarded NFT marketplace. Magic Eden’s been making some big moves lately. They’ve expanded their services on the Polygon network. The goal was simple, to enhance user experience.

One of the standout features includes simplified sweeping and bulk listings. After this news, the Polygon crypto value rose from $0.699 on November 7th to $0.76 on November 8th.

The partnership with Magic Eden bodes well for the future of Polygon’s price. Market analysts noticed that things were looking good for Polygon and gave it a price prediction of $0.87 by December 2023.

Cardano’s Input Output Global announces new strategic partnership

The future of Cardano (ADA) appears brighter than ever as it embarks on an upward trajectory following a pivotal announcement. Input Output Global, the team of developers who made Cardano revealed their plans to use Polkadot’s Substrate framework in their newest initiative called “partner chain”.

By leveraging Substrate’s capabilities, the goal of this collaboration is to make scalability and interoperability between blockchains easier. The Cardano coin value increased from $0.31 on November 3rd to $0.35 on November 8th after the news broke out.

Due to all these reasons, market analysts have made a bullish Cardano price prediction. Experts foresee Cardano maintaining its upward momentum. As the final quarter of 2023 approaches, it’s expected to reach a high of $0.37.

Everlodge (ELDG) may outperform Polygon and Cardano

While Polygon and Cardano shine with their recent developments, Everlodge (ELDG) is making waves by addressing long-standing issues in the real estate market. Countless individuals have been drawn to this upcoming property marketplace as millions of its ELDG native tokens are now sold.

In the current $280T real estate market, transactions often require substantial capital upfront, limiting access to the market. Everlodge will address this by digitizing real-world properties into non-fungible tokens (NFTs), which are then fractionalized. This approach allows investors to purchase fractions of properties, reducing the financial barrier to entry.

Furthermore, users can stake their ELDG tokens to receive fixed monthly interest, and they can earn additional interest by providing liquidity to developers on the property launchpad.

At the moment, the ELDG token is worth just $0.025 and is in Stage 7 of its presale. Unlike Polygon and Cardano, it also boasts a low market cap and real-world connections to a resilient market.

For more information on ELDG, visit Everlodge

The post Cardano and Everlodge on the spotlight as Magic Eden enhances support for Polygon (MATIC) appeared first on Invezz

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