In the current cryptocurrency landscape, the recent surge of altcoins has captivated the attention of global investors. Among the countless DeFi coins rising in popularity, three tokens – Everlodge (ELDG), Optimism (OP), and Injective (INJ) – have emerged as frontrunners, spearheading the current altcoin revolution. While OP and INJ are well-established tokens, ELDG is a new ICO that many experts predict may rally by 30x in 2024. Let’s see why.
Everlodge (ELDG): Announces A 30% Deposit Bonus Offer
Everlodge (ELDG) has captured mass appeal as it recently announced a 30% deposit bonus for all ELDG token holders. This percentage can reach 35% if you topped up between December 14-18. The ELDG token drives Everlodge – the world’s first NFT marketplace backed by real-world high-end properties.
On this marketplace, you can purchase fractionalized NFTs representing actual hotels, villas, and vacation homes. These are the best NFTs to invest in since if you buy just one piece, you will gain all ownership benefits. For instance, you will earn passive income once the real-world property gets rented out or its value appreciates.
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This innovative approach will solve all problems plaguing the $280T real estate market. You will no longer need significant capital to invest in a luxurious Maldives vacation home. With Everlodge, you can become a fractional owner of one such property on the blockchain for prices as low as $100.
Holding the ELDG token is vital to obtaining discounts on trading fees, staking rewards, exclusive monthly rewards, and more. It is now worth just $0.029 in Stage 9 of its presale. Those who bought it early are enjoying a 190% ROI. With over 13.9M ELDG tokens sold, demand is skyrocketing. Experts predict a growth to $0.038 before the presale ends and another 3,000% jump after it hits exchanges. This makes ELDG one of the top altcoins.
Optimism Price Increases Amid Huge Network Activity
Recently, IntoTheBlock announced that the Optimism (OP) network now counts over 5.9M addresses. This is a 391% increase from 1.2M in January. Regarding the Optimism price movement, it jumped from $2.16 on December 16 to $3.19 on December 23.
From a technical perspective, Optimism crypto may continue this bullish trend as over 26 technical indicators are in the green. Moreover, its Fear & Greed index rating is 70 (Greed), a good bullish indicator.
Experts in the crypto field have taken note of these signals when making their Optimism price predictions. They foresee its value reaching $3.29 by the end of December 2023.
Injective Protocol News
Injective (INJ) has gained attention with the announcement of surpassing 250,000 active addresses. This milestone signifies the platform’s escalating adoption within the DeFi market, showcasing its growing user appeal.
The value of Injective has surged from $31 on December 16 to $39.36 as of December 23. This surge has positioned it above its 50 and 100-day EMAs, painting a bullish trajectory for the Injective crypto.
Predictions from CoinCodex suggest a potential trading value of $41.49 for Injective before the onset of 2024. This projection places INJ as one of the standout altcoins.
Final Thoughts
While Everlodge, Optimism, and Injective are altcoins to watch, one stands out. According to experts, Everlodge gains the competitive edge thanks to its low market cap of $14.3M – lower than OP’s ($2.9B) and INJ’s ($3.2B). This means that ELDG would only need $14.3M for its price (and returns) to double.
If we look at the vacation rental market, which Everlodge taps into, it was valued at $82.63B in 2022. Everlodge will dominate this industry, and ELDG could become one of the top altcoins on the market.
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Source: https://www.analyticsinsight.net/crypto-revolution-unleashed-everlodge-eldg-optimism-op-and-injective-inj-spearhead-the-altcoin-surge/