VanEck’s recently unveiled 2024 crypto predictions have sent shockwaves throughout the market. With a possible resurgence in altcoin activity, well-known tokens such as Ethereum (ETH) and VeChain (VET) may be at the forefront of this altcoin season.
However, one new ICO is also making headlines due to the innovation it brings – Everlodge (ELDG). This project, now in Stage 8 of its presale, has already surged by 170%, but experts forecast a 30x growth in 2024. Today, we will find out why.
How High Can Ethereum Go?
Ethereum (ETH) team member Tim Beiko announced that the Goerli fork will occur at the start of 2024, while the Dencun upgrade will happen sometime in January 2024. After this Ethereum news, its value increased from $2,243 on December 7 to $2,359 on December 9.
From a technical perspective, the Ethereum crypto is now showing 27 bullish technical indicators.
Due to all these reasons, many experts have made a bullish Ethereum price prediction. They forecast a potential rise to $2,519 for one of the top 10 altcoins before 2023 ends.
VeChain (VET) Surpasses 900,000 Holders
Recently, VeChain (VET) achieved a significant milestone, surpassing 900,000 holders as per data from Vechain Stats. Regarding the VeChain price, it surged from $0.022 on December 2 to $0.27 on December 9, showing impressive growth.
Currently trading above its 21 and 50-day EMAs, VeChain displays strong bullish trends. Also, the VeChain Fear & Greed index now sits at 73 (Greed).
Industry experts are optimistic, predicting that the VeChain price may surge to $0.030 by the end of 2023.
Everlodge (ELDG) Skyrockets by 170%
Everlodge (ELDG) is an upcoming game-changer bringing the first-ever NFT marketplace backed by real-world properties. With the help of Everlodge, you can buy holiday homes with cryptocurrency within seconds. Essentially, this platform will mint high-end villas and hotels into NFTs and then fractionalize them. Therefore, you can own a Miami hotel on the blockchain for just $100.
This innovative approach has caused a frenzy in the crypto community. Its crypto ICO event is now in Stage 8, offering its native token, ELDG. It has already provided early buyers with a 170% ROI, which costs only $0.027. Millions of tokens have been sold over the last few months as global investors flock to obtain ELDG before its value increases again.
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ELDG powers the Everlodge platform and its vast ecosystem, which is designed for real estate enthusiasts. While the NFT marketplace is its primary focus, the Everlodge team has announced three other components:
- Launchpad: a place where property developers can raise capital for new projects while investors get early access, maximizing their returns.
- Rewards Club: a unique club where you can obtain free nightly stays in Everlodge properties or resell them as another income source.
- Lending: co-owners of properties on the Everlodge marketplace can use their NFTs as collateral to obtain short to medium-term loans.
With all these features, Everlodge, valued at $4.5T in 2022, could dominate the global hospitality industry.
If you want passive income via staking, discounts on trading fees, or access to the Rewards Club, buying the ELDG token is necessary. With predictions of a rise to $0.038 before the presale ends and another 3,000% after it hits exchanges, those who buy it now could see significant gains. Follow the links below and obtain a 10% deposit bonus as well.
Altcoin Resurgence
As VanEck made their bullish 2024 crypto predictions public, interest in the market rose. Amidst this enthusiasm, altcoins such as Ethereum, VeChain, and Everlodge may reign supreme. With Ethereum’s upcoming upgrades, VeChain’s new milestone, and Everlodge’s stellar presale performance, these are the altcoins to watch.
The post VanEck’s Bold 2024 Forecasts Revealed: Ethereum (ETH), VeChain (VET), and Everlodge (ELDG) Trigger Start of Altcoin Season appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/vanecks-bold-2024-forecasts-revealed-ethereum-eth-vechain-vet-and-everlodge-eldg-trigger-start-of-altcoin-season/