So far, 2023 has been a mixed year for cryptocurrencies, with Uniswap, PancakeSwap, and Everlodge experiencing different trends. 2024 is almost here and investors are skeptical about which cryptocurrencies to buy. In this article, we have used Google Bard to evaluate the potential price movements for these three cryptos. Below are the results.
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Uniswap (UNI) Wallet Now Open To Android Users
Uniswap (UNI), the largest decentralized exchange (DEX) on Ethereum has opened the Uniswap wallet to Android users. Uniswap Labs announced the news on October 19th. The platform added that the wallet which was initially open to only iOS users has amassed 3 billion users.
In other news, Uniswap users recently caused uproar after the platform talked about adding a KYC hook to its V4 upgrade. The DeFi community voiced their displeasure over the news citing that it kills the whole idea of decentralization. Currently, the price of Uniswap is $4.21 on October 23th. However, the UNI is still under bearish sentiment.
UNI is trading below the 50 and 100-day EMA and its RSI is below the 50-mark average. Still, Google Bard is optimistic about Uniswap’s price in 2024. Two factors that could affect the token’s price are the upcoming V4 upgrade and Bitcoin’s halving. According to Google Bard, Uniswap could rise to $9.06 in 2024.
PancakeSwap (CAKE) Releases New Proposal
PancakeSwap (CAKE), the leading decentralized trading platform on the BNB Chain has smashed another milestone. PancakeSwap tweeted that its Perpetual V2, operating on the Arbitrum network, has surpassed over $200 million in trading volume.
According to PancakeSwap, the hard work and commitment of the cryptocurrency community made this possible. On October 19th, PancakeSwap released a proposal to adjust CAKE rewards for some of the BNB Chain v3 farms. The goal is to reduce CAKE emissions and boost CAKE burning.
At the same time, this will ensure the platform has enough liquidity to ensure trading remains smooth. The price of PancakeSwap coin has been stuck within the $1.14 and $1.15 range in the past week. Still, Google Bard has predicted PancakeSwap’s price to hit $2.28 in 2024.
Everlodge (ELDG) To Skyrocket 35x in 2024
While Uniswap and PancakeSwap are top coins, Everlodge stands out because of its strong link to the $280 trillion real estate market. In addition, Everlodge has a smaller market capitalization, which makes a large price increase feasible. However, its unique placement in the real estate market has caught the eye of investors.
Everlodge’s mission is to create an accessible and affordable property marketplace for real estate properties. Also, this marketplace will solve the issues of transparency, security, and accessibility plaguing the traditional real estate space.
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Notably, Everlodge will store property titles and ownership details within the smart contract metadata. Additionally, Everlodge plans to tokenize luxurious properties and fractionalize them into smaller, tradable NFTs. This will allow investors to buy shares in high-value properties with as small as $100.
Currently, those who invested early in Everlodge (ELDG) have seen their portfolio grow 100%. This success shows that Everlodge has a promising future. Currently, the ELDG token is trading at a value of just $0.023. Interestingly, Google Bard has forecasted that ELDG could experience a 35x surge in value by 2024.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
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Source: https://www.cryptopolitan.com/google-bards-2024-price-prediction-for-uniswap-pancakeswap-and-everlodge/