Cryptocurrency Analyst Mags Predicts Imminent Altcoin Market Cap Surge: Everlodge (ELDG), Binance (BNB), and Cardano (ADA) Set to Surge
He further ended the post saying that the potential for altcoins market cap surging is huge. In light of this, we delve into how Everodge, Cardano, and Binance can take the lead in this agenda.
Everlodge (ELDG) Stands Out as an Ideal Crypto Investment for Real Estate Enthusiasts
Everlodge is turning heads as the AirBnb of the crypto world with a little more spice, making it a potential standout for the best crypto investment on properties in 2024.
The platform presents an opportunity to co-own expensive villas, restaurants, and homes that have been digitized as NFTs on the blockchain. With the unique concept of fractionalizing these properties, users can easily acquire portions of an expensive villa easily and for cheap rates.
With their $ELDG token priced at $0.027 in the recent sale (stage 8), it's a noteworthy investment opportunity, seeing as it increased over 170% from its initial price of $0.001
Beyond the numbers, holding $ELDG tokens comes with perks – it's not just a token; it's your ticket to seamless transactions and discounts and rewards in the Everlodge ecosystem.
If you're up for a bit more adventure, Everlodge rewards those contributing to their property projects. It's not just about the money; you'll get an extra bonus on your interest. Plus, they're treating token holders like vacation VIPs – free stays in hotels and villas within the Everlodge world. You can use them or make some extra bucks by renting them out on platforms like Airbnb or VRBO.
But the excitement doesn't stop there. Everlodge token holders get the VIP treatment – holiday giveaways, property raffles, and exclusive experiences. It's not just an investment— it’s among the top crypto coins aimed at making easing crypto adoption next year.
Binance (BNB) Bullish Momentum Expected to Extend Into Next Year
Binance is one of the largest cryptocurrency exchanges in the world with a lot of influence around the crypto market, coupled with a strong-standing 4th position of the list of top crypto coins by market capitalization.
In the past week, Binance left a bearish momentum that plummeted its price to an weekly low of $232 on the 18th of this month. Right now Binance coin, BNB, has gained a 9.35% in these past 7 days and is now maintaining a bullish vibe that has pushed its price to $273.99.
Subsequently, Binance is maintaining a steady increase in trading volume with a record of 5.47% in the last 24 hours. According to Changelly, Binance is 87% bullish and the price of Binance coin is expected to reach a maximum of $296.65 by January, next year.
Cardano Crypto (ADA) Price Prediction— A Growth to $1 is Possible Next Year
The price of Cardano experienced approximately 1% dip in the last 24 hours after a robust recovery from its seven-day low of $0.5494 on Monday. Despite this, Cardano has surged by 7% from the low, showing a 4% increase in the week, 48.77% in the last month, and an impressive 135.40% over the past year.
These positive trends position Cardano well for continued gains in the upcoming weeks, especially with the anticipated market bull rally in 2024. Technical indicators support this optimism, with Cardano RSI rebounding after a dip in early December, and its 30-day average consistently outperforming its 200-day average.
Analysts foresee potential for Cardano to flourish further in 2024, citing factors such as Bitcoin's upcoming halving in April, potential SEC approval of Bitcoin ETFs, and increased market confidence.
Ultimately, Cardano crypto has had a prosperous 2023, witnessing a 700% growth in total value locked since January 1, outpacing other major layer-1 networks. Considering this trajectory, the price of Cardano is poised to hit $1 in the first few months of 2024, a significant 67.76% gain from its current price of $0.5962.
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