Monero (XMR) has fallen into the red zone after a decrease of 26% during the previous week. As a result, many began to diversify their portfolio and Filecoin (FIL) was selected as a top altcoin to get into. In the meantime, Everlodge (ELDG) is getting a lot of hype following its Uniswap listing. Today, we will go over each altcoin to determine which is the best cryptocurrency to buy today.
Everlodge (ELDG) Got Listed on Uniswap
Everlodge (ELDG) is a DeFi project that will operate with luxury hotel chains and other holiday companies in order to tokenize properties. After doing so, it will engage in the process of fractionalizing them, which is a process where each property is minted and then split across thousands of smaller pieces worth just $100.
Moreover, this will enable anyone to become a co-owner of the property. As they move up in value, the fraction owned will last well. In addition, holders can get passive income if it’s a rental property based on their ownership percentage.
The project recently completed its blockchain ICO, where the 480,000,000 ELDG tokens were sold, and early investors got 190% ROI. Those who jump into it now after its Uniswap listing can expect an ROI of 100x based on projections by analysts, making this the best cryptocurrency to buy today.
Monero (XMR) Dips 26% and Has Bearish Market Sentiment
Monero (XMR) has experienced a decrease in its value, where a decline of 26% is evident on the weekly chart. The Monero price has slipped under the 20, 50, 100, and 200-day daily moving averages, worrying investors in the process.
Yet, the Monero crypto is still above the $120 price range and needs to break past $130 again in order to make further growth a reality. The cryptocurrency has experienced a breakdown. Yet, according to the Monero price prediction, it can end 2024 at $280.23. To achieve this, it will need to grab whale attention.
Filecoin (FIL) Grows Above the $5 Price Range – Can Surge As Far as $8.45
Filecoin (FIL) is green on the weekly and 14-day chart. As a result, it has gained appeal from traders. Specifically, the Filecoin price performance indicates that the crypto moved up from a low point of $4.94 to a high point of $5.50 during the previous week.
Subsequently, the Filecoin crypto now needs to make waves in an upward direction and grab the attention of even more bulls that can drive its value further up. Based on the Filecoin price prediction, it can end in 2024 at $8.45.
Summary
It is clear that Monero has seen a massive value decrease, resulting in many traders and investors looking for ways to diversify their holdings. In the meantime, the Filecoin crypto is heading upwards, yet all of the attention has gone to Everlodge. With its vast ecosystem and unique value proposition, it is primed to become a major DeFi project in the Web3 space.
For more information about Everlodge (ELDG) please visit their website.
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