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While top crypto coins like Aptos and Polkadot continue to struggle with a downward trend, there is a new token making wave in the market called Everlodge (ELDG). The ELDG token is particularly attracting a wave of investors due to its potential for profitability. Experts believe that Everlodge may surpass well-known coins like Aptos (APT) and Polkadot (DOT) as it soars past presale with flaming enthusiasm, ranking among the best new crypto to buy. Let’s delve deeper.
The Aptos (APT) Price Journey This year: From $10 to $8.53
Since its launch in late 2022, Aptos (APT) coin made its way into the top 50 cryptocurrencies by market capitalization. Despite past developments, such as the token unlock, the Aptos network has faced challenges in sustaining an upward trend, with market forces pushing it down in early 2024.
Apto’s price was around $10 at the beginning of the year. However, its value has dropped to $8.53 from a weekly price range of $8.5 to $9.7, indicating a 5.86% loss. The increase in new development activities may lead to a favorable price action, and the token may rise following a new token unlock.
Polkadot (DOT) Aims to Drive Its Price to $10 by Q1 of 2024
Following its launch in 2020, DOT performed exceptionally well among alternative coins, earning a highly sought-after place in the top 15 in the bull market. However, the Polkadot token has had difficulty keeping up with competing alts for the past year or two.
Polkadot experienced a 2.24% decline last week, highlighting a weekly range of $6.6 and $7 before it retraced back to the $6.40 and $6.70 ranges. In general, DOT prices are still unstable and could potentially drop further.
Looking ahead, the DOT network aims to introduce new upgrades to boost DeFi activity, potentially driving up demand for Polkadot’s token and pushing its price to $7. While experts anticipate a minor decline, they remain optimistic about the medium run, projecting DOT to reach $10 by the end of Q1 2024.
Everlodge (ELDG) Closes Stage 9 Presale at $0.029 with 190% ROI for Early Buyers
With the real estate market showing great promise, Everlodge (ELDG), a new crypto project, aims to pioneer a groundbreaking solution that connects investors with affordable property ownership.
The project presents a novel idea of an NFT marketplace backed by real estate assets. This platform will digitally convert hotels, villas, and vacation houses into NFTs and offer fractional ownership to potential investors.
Additionally, Everlodge will address key limitations, such as high cost, documentation, and ease of participation, among several others. For example, with as little as $100, anyone can become a fractional owner of a vacation home in the Maldives or any property of their choice as listed on the platform.
Serving as the primary means of payment for transaction fees, the native ELDG token powers all transactional engagement on the platform. Moreso, it offers users access to the Rewards Club, lower trading costs, and passive revenue through staking.
Having completed its presale at stage 9, with each token selling for $0.029, Everlodge has locked over 190% ROI for early investors, thus solidifying its position among the best crypto to buy in 2024.
With its recent expected listing on Uniswap, the project showcases a strong sense of commitment to its roadmap as well as an incredible demand for the ELDG token. This heightened interest has experts predicting a potential price increase, particularly when it becomes available on other prominent tier-1 exchanges.
For more information about Everlodge (ELDG) please visit their website.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
