In crypto, “whales” are individuals or entities who hold large quantities of tokens or non-fungible token (NFT) collections. Like their aquatic namesakes, they tend to be influential and often trigger significant ripples within the market.
Noteworthy crypto assets that have captured the attention of whales include Everlodge (ELDG), Aptos (APT), and Near Protocol (NEAR).
Their utility and potential make these assets popular among investors who follow whale strategies.
Aptos a layer-1 scaling solution
Crypto whales are frequently drawn to pioneering projects that address challenges. Aptos (APT) is a layer-1 scaling solution.
Developed using the Move programming language, the platform provides high throughput and robust security in decentralized finance (defi).
In contrast to Bitcoin’s processing capacity of approximately seven transactions per second (TPS), Aptos has a 130,000 TPS.
Despite its relatively recent launch, Aptos is in the top 100 with a market cap of over $1.52 billion.
APT, the native currency of Aptos, is trading at $6.94 when writing and maintains a bullish outlook.
Near Protocol: shaping on the open web
Near Protocol is another scalable layer-1 blockchain where developers can build smart contracts.
The platform’s unique attributes include scalability, low transaction costs, and rapid transaction speeds. Near Protocol has also implemented a “sharding,” a feature that enhances network performance.
The platform also prioritizes developer-friendliness and interoperability, making it an attractive environment for decentralized applications (dapps).
Near Protocol is perched at 40th with a market cap of over $1.29 billion. Meanwhile, at press time, NEAR is changing hands at $1.38.
Everlodge brings innovation in real estate using hybrid ownership
Everlodge introduces a unique approach to disrupting the traditional timeshare market. Acknowledging the prohibitive cost associated with owning vacation properties, Everlodge offers a solution through its hybrid property co-ownership model.
This concept involves the creation of fractional non-fungible tokens (NFTs) that are asset-backed by hotels, vacation homes, and luxury villas. These NFTs digitize property titles, deeds, and ownership details on a blockchain.
By partnering with established hotel chains and luxury property developers, Everlodge aims to make vacation property ownership more accessible.
The divisible nature of these NFTs enables investors to participate with minimal investments, starting from as little as $100. These property-backed NFTs can be traded on Everlodge’s or compatible third-party ERC20 marketplaces.
The potential of Everlodge has captured the attention of crypto whales, who recognize the impact it could have on the real estate sector.
ELDG, the platform’s token, is available for $0.01, and analysts are bullish.
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