Injective TVL Experiences Growth, Analyst Predicts Gains for Avalanche, Everlodge Emerges as a Game Changer in Multi-Trillion-Dollar Market

Injective (INJ) experienced a price upswing of 2,050% during the past year, sparking many towards diversifying with the crypto, and has grabbed the attention of analysts. It’s not alone, as Avalanche (AVAX) also saw a major upswing of 260% during the same time frame. 

But traders are putting their attention to Everlodge (ELDG), as it can provide significant ROI by emerging as a game changer in the $280 trillion real estate market. Today, we will go over the price performance of each cryptocurrency to see how far they can rise in value. We will explore which crypto to buy today for long-term growth.

Injective (INJ) Sees $11.11 Million in TVL – Value to Reach $48.19 in 2024

There are currently concerns surrounding the unstoppable rally experienced by the Injective (INJ) crypto. The network is focusing on finances, and its Total Value Locked (TVL) reached new heights. According to DefiLlama data, the T VL is currently at $11.11 million, with the highest dominance being from Helix. 

During the past week, the Injective crypto climbed in value by 68% as it moved from $18.59 to $34.27. During the past 30 days, it is up 94%, nearly doubling in value. As a result, the Injective market cap is now at $2,721,442,581, making it the 31st largest crypto. According to the Injective price prediction, it can reach $48.19 in 2024.

Avalanche (AVAX) to Spike Above $70 in 2024 Based on Analyst Projection

Avalanche (AVAX) also performed well, with a 260% jump in the past year. During the past week alone, the price of the Avalanche crypto moved up from $31.78 to $44.95. In the past 30 days, the total price upswing was by 100%. 

This brought the Avalanche market cap to $16,417,333,177, making it the 10th largest crypto. As a result, crypto analyst @52kskew, with over 92,000 followers on X (Twitter), analyzed the crypto and uncovered that the RSI and Stoch RSI looked primed for a move higher into the $50 and $70 region. According to the Avalanche price prediction, it can reach $70.75 in 2024. 

Everlodge (ELDG) Emerges As Game Changer in Multi-Trillion-Dollar Market

Everlodge (ELDG) can disrupt the $280 trillion real estate market by solving key issues that have been a part of the industry for years, including high costs of entry, lack of transparency, and lack of liquidity.

Most properties are now worth millions of dollars, and as a result, they have been locked only to the elite, making them out of reach for most people. Everlodge will combat this issue by minting properties as NFTs, after which they will get fractionalized into smaller pieces. This way, if a property costs $7,000,000, it can be split into 70,000 pieces worth just $100 each. 

There is also an AI-driven that will monitor and then scan global property prices across all territories. It will then give users an up-to-date snapshot of a specific region at a given time frame. The tool can be used as a predictor for undervalued markets and will help traders find emerging regions where they can gain fractional ownership of properties.

Summary

Aside from Injective and Avalanche, another crypto that is picking up significant attention is Everlodge. During its crypto ICO period, the ELDG crypto reached Stage 8 of the process where it’s offered at just $0.027. With its current momentum, analysts are expecting it to jump in value by 3,000% at launch. 

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Source: https://blockchainreporter.net/injective-tvl-experiences-growth-analyst-predicts-gains-for-avalanche-everlodge-emerges-as-a-game-changer-in-multi-trillion-dollar-market/