A look into the crypto market reveals a flurry of price activities, ranging from bullish to bearish. As such, to give investors an edge in their investment decisions, crypto experts have looked into the market stats of some cryptos and have made some predictions about them. Among the cryptos that analysts looked into are Kaspa (KAS), Polygon (MATIC) and Everlodge (ELDG). With this analysis, investors will be able to make informed decisions on the top cryptos to buy for short and long-term profits. Find out what the experts have to say.
Everlodge (ELDG) Continues to Garner Bullish Momentum after Uniswap Listing, May Record a Significant Price Turn by End of 2024
The Everlodge (ELDG) project has been recording massive growth in market activity since its official listing on the Uniswap exchange. For context, the ELDG just concluded its presale on January 29. Notably, Everlodge has started distributing its token in an airdrop, thereby raising the demand for the token and its overall momentum. Given the development, The ELDG is witnessing a surge in the number of token buyers, making it one of the top cryptos to buy for future gains.
Meanwhile, Everlodge, as a platform, is on a mission to revolutionize the real estate investment industry by implementing blockchain technology to make it affordable and secure. With Everlodge, investors can now co-own properties at cheap price points by simply buying fractionalized NFTs. Given that these NFTs are backed by real-world luxury properties, investors will have ownership rights of the properties that the NFTs represent. With as little as $100, investors can purchase these NFTs, which are a digital representation of real estate assets. Also, investors will be entitled to receive a percentage of any revenue generated from the properties.
Similarly, holders of the ELDG token will be open to free nightly stays on properties owned by Everlodge. Given the consistent growth of ELDG in popularity and reputation, the token could become the next blue chip crypto. As such, experts have projected a 30x rally when the ELDG token hits a Tier 1 crypto exchange. Early investors who joined the first stage of presale have gotten over 190% ROI. In terms of security, the smart contract has been audited by the InterFi network, while the KYC has been verified by the BlockAudit Team.
Can Polygon (MATIC) Establish Support Above $1?
Following the recent rise in the price value of Polygon (MATIC), the token is now within touching distance of the $1 mark. For context, the Polygon price rallied by 12% within the last month and a further 8% within the past week, as per data from CoinMarketCap. As such, the token is on the verge of reaching $1 for the first time since briefly achieving the feat in December 2023.
Notably, Polygon has barely maintained a sustained value of $1 since Q1 of 2023. However, following the recent bullish momentum, Polygon stands the best chance of breaking into the $1 price point in the coming weeks.
Kaspa (KAS) Continues its Bullish Momentum, Reaches All-time High Price of $0.16
The price turn of Kaspa (KAS) over the past year has been bullish, resulting in the token reaching its all-time high price of $0.169 in February. According to price data from CoinMarketCap, Kaspa has gained over 2,215% within the past year. As a result, every increase in the token price from this point will now be a record high.
A look at the Kaspa market chart shows the token is heading for the $0.2 mark, and there’s a substantial likelihood of the token achieving it before the end of February. This is considering the massive growth of the Kaspa trading volume, which has risen by a day-to-day average of 150% in the past week. As such, analysts pick the token as one of the best cryptos to invest in Q1 of 2024.
For more information about Everlodge (ELDG) please visit their website.
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