Three tokens have caught the attention of top investors in the crypto space. Currently, top investors are buying Stellar, Aave, and Everlodge before the long-awaited crypto bull run in 2024. According to analysts, Stellar, Aave, and Everlodge’s current development and price movement set them up for huge gains in 2024.
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Can Stellar Take Advantage of Ripple’s Lawsuit With the SEC?
Stellar (XLM) is a decentralized payment system that allows people to send money across borders using different cryptocurrencies. In 2023, Stellar faced several price fluctuations like many other cryptocurrencies. The bulls had trouble keeping their Stellar’s price stable and above certain levels.
Last month, the price for Stellar jumped up in September moving from $0.1114 to $0.1351, a 21.27% increase. Unfortunately, XLM’s trend changed and the token fell. The price of the Stellar coin dropped to $0.103536 in October.
The payment platform has sealed top partnerships in 2023. It has partnered with MoneyGram and Visa to expand crypto payments. Now that Ripple is still battling with the US SEC, analysts are counting on XLM to gain momentum and rise to $0.44 in 2024.
Aave (AAVE) To Surpass $70 Mark in 2024
Aave (AAVE) is a decentralized cryptocurrency platform where people can borrow and lend crypto. Despite its lending feature, the AAVE price has been dropping in the past few months. At the beginning of October, the price of Aave crypto soared to $70.81, crossing the $70 mark.
Unfortunately, Aave coin bulls failed to maintain the upward movement and bears took over. The price of Aave has dropped to $64.29 as the crypto market decline continues. Fortunately, there is still a chance for a price recovery in the coming months.
According to Coincodex, AAVE is still trading above the 50-day ($62.82) and 100-day EMA ($63.21). Also, Aave has recorded 19/30 (63%) green days with 7.68% price volatility over the last 30 days. Analysts have predicted the price of Aave coin to reach $71.30 in 2024.
Everlodge (ELDG) Takes Steps To Prevent Sell-offs After Launch
Just like Stellar and Aave, top investors are also buying Everlodge (ELDG) tokens. Everlodge is a new real estate marketplace that aims to revolutionize investments in the industry using NFTs. The project aims to enable more people to invest in real estate, starting from just $100.
Everlodge plans to use NFT fractionalization to achieve this. The platform will transform luxury properties into NFTs, and then divide them into shares representing portions of a property. An important aspect is that the value of these NFTs will increase as the property appreciates.
As their prices increase, you can sell them on Everlodge’s marketplace to earn extra money. Additionally, you can use them as collateral to obtain loans from Everlodge. To ensure user security, Everlodge plans to lock team tokens for 2 years and the liquidity pool for 8 years, preventing significant sell-offs by investors after its launch.
Currently, Everlodge is in the presale phase, offering its ELDG tokens at a mere $0.023 each. Notably, those who purchase ELDG tokens can stake them to receive rewards and discounts. Experts anticipate that more users will join the platform. Therefore they predict a 5,000% increase in ELDG token price during the 2024 crypto bull run.
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Source: https://coinpedia.org/press-release/investors-buying-stellar-everlodge-aave-ahead-of-2024/