The bull market is treating every altcoin differently, and many experts have their sights set on Ethereum and Binance coin. However, there’s a new cryptocurrency on the block – Everlodge (ELDG), which is currently going through its presale, and it’s worth keeping an eye on.
This article will review recent developments that may signal a price surge while singling them out from countless other altcoins.
Ethereum (ETH): Bullish Momentum Surges
Ethereum (ETH) continues to showcase a bullish trend, as evidenced by a recent spike in new wallet creations. Per a Santiment post, 94.7K new wallets were made, reaching a peak not seen since July. The surge in wallet formations highlights a growing interest in the Ethereum ecosystem, signifying increased adoption and potential future utility.
This surge aligns with Ethereum’s ongoing positive performance, recording 19 out of 30 (63%) green days, indicating upward momentum. Moreover, the Ethereum price has increased from $1,671 on October 22nd to $2,020 on November 22nd.
Experts are optimistic in their Ethereum price predictions.
Binance (BNB): Poised to Maintain Top Exchange Position
Even with the departure of Changpeng Zhao, Binance (BNB) remains steadfast as one of the premier crypto exchanges. A recent report by Matrixport highlights the sustained dominance of Binance within the top tier of exchanges for the next few years.
Binance Coin has demonstrated consistent strength, marking 20 out of 30 days (67%) as positive, showcasing its stability amidst market fluctuations. The price has jumped from $218 to $234 in that same period.
Due to all these factors, some experts foresee an upward trajectory for the crypto in their Binance Coin price predictions.
Everlodge (ELDG): Tapping Into a Trillion-Dollar Market
Everlodge (ELDG) is gaining attention for its potential in the trillion-dollar real estate market. This innovative project aims to dominate this sector by developing a unique property marketplace where anyone can fractionally own a luxurious property on the blockchain.
Using NFTs and smart contracts, Everlodge will introduce new investing methods in real estate, allowing you to co-own properties and generate passive income. Everlodge accomplishes this by digitizing and minting hotels, vacation homes, and villas into NFTs, which are fractionalized.
Integrating digital ownership via NFTs brings remarkable efficiency to real estate transactions by eliminating the need for paperwork and intermediaries. You will find that this approach minimizes administrative tasks and enhances transparency and security within the real estate ecosystem.
Those seeking discounts, staking rewards, and more are now buying its native token, ELDG, for $0.025. But this is a Stage 7 presale price; as it advances, more price hikes are coming if the presale is successful.
Visit Everlodge Presale
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Source: https://cryptopotato.com/will-ethereum-eth-binance-coin-bnb-and-everlodge-eldg-lead-the-market-among-countless-altcoins-in-2024/