Solana (SOL) has recently experienced a rebound as it recovered from its decline throughout the previous months. The increase in trading volume and interest resulted in a massive upswing, where it crossed the $70 resistance point. BitPay announced support for Litecoin (LTC) on their Microsoft Account, which sent the crypto’s value flying as well, resulting in a bullish rally.
Everlodge (ELDG) is also making significant progress as it can disrupt the $280 trillion real estate market with fractional NFT ownership, bringing the cost of entry down to just $100, coupled with AI-driven tools. Today, we will go over each crypto to uncover just how far they can rise and to see which is the best cryptocurrency to invest in.
Solana (SOL) Is Projected to Go Above $100, According to Arthur Hayes
Solana (SOL) has stood out as a major competitor to other Layer-1 networks during 2023, especially as it showcased a remarkable growth of 442% year-to-date (YTD).
It offered substantial profit to holders, and it has the potential to surge in value even further. Current indicators, such as the Strength Index (RSI) and Moving Average Convergence Divergence (MACD), show bullish signals for the future of the cryptocurrency and are aligning well with the optimistic projections analysts currently have.
Arthur Hayes, crypto investor and BitMex exchange Founder, suggested that a $100 price target is next for Solana, speculating a bullish outlook for this altcoin.
Jito, the DeFi platform built on Solana, initiated a highly anticipated airdrop recently and distributed $225 million worth of free tokens to SOL users globally, based on data from Santiment. In the past week, SOL moved up in value from $59.69 to $73.27, and based on both aforementioned catalysts, the current Solana price prediction places it at $110.35 by Q4 2024.
If Litecoin (LTC) Climbs Above $75, Is $100 the Next Price Target?
Litecoin (LTC) recently also saw an upward momentum, especially following its integration with BitPay. Through an official announcement on X (Twitter), the BitPay team notified the community that the Litecoin crypto can now be used on any Microsoft Account. BitPay also revealed last month that Mecum Auctions supports LTC as well, a company that sells vintage and antique motorcycles, road art, and collectible cars.
The recent Litecoin price performance was also bullish, as it went up from $71.40 to $75.86 during the past week. With a market cap of $5,589,262,057, LTC is the 19th largest crypto. According to the Litecoin price prediction, it can reach $106.86 in Q1 2024.
Everlodge (ELDG) Incorporates AI Elements to Determine Undervalued Markets
Everlodge (ELDG) is an upcoming DeFi project that can disrupt the $280 trillion real estate market and make luxury estates accessible at just $100.
Getting access to these properties through traditional means was difficult as they would cost millions of dollars in upfront capital. Everlodge completely changes this by minting a property as an NFT and then fractionalizing it.
If a property is worth $5,000,000, for example, it will get split into 50,000 pieces, all of which are worth just $100. Anyone can buy a fraction of a single property or multiple properties as a result and even get passive income from rentals and watch them appreciate in value, providing them with even higher resale value. Each fraction can be sold down the line, adding liquidity to the market.
Everlodge will also incorporate an AI tool that monitors and then scans all of the global property prices in all territories, giving users access to up-to-date snapshots of a specific region. As a result, it can aid in determining currently undervalued markets.
Summary
Solana and Litecoin surged in a bullish direction, but another crypto is not only catching up but can pass them in terms of ROI, and that’s Everlodge. During its crypto ICO phase, the project is now at Stage 7 of the presale. ELDG is offered at $0.025. At Stage 8, it will climb to $0.027, marking a 170% climb since the start of the presale; at launch, it can surge by 50x, making it the best cryptocurrency to invest in.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
The post Arthur Hayes Projects Solana to Go Above $100, Litecoin Supported on Microsoft, Everlodge to Disrupt $280T Market With AI appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/arthur-hayes-projects-solana-to-go-above-100-litecoin-supported-on-microsoft-everlodge-to-disrupt-280t-market-with-ai/