Recently, it was disclosed that Binance had withdrawn its license application in Abu Dhabi. This unexpected move has caused speculation about the future trajectory of Binance (BNB) and its impact on the broader DeFi market.
Simultaneously, Everlodge (ELDG) has surged, signaling an intriguing shift within the cryptocurrency landscape. This crypto ICO event is now in Stage 7, with its value rising 150%. But, experts say that this is just the beginning as they forecast a potential 30x growth for ELDG in 2024. Let’s find out why.
Binance (BNB): Showing Bullish Signs
This development did not negatively impact the Binance (BNB) coin. In fact, after this Binance news, its token value increased from $230 on December 7 to $234 on December 8.
Moreover, the Binance coin has experienced 17 out of the last 30 days of trading in the green. This is a whopping 57% while also having a Fear & Greed index 72 – solid bullish signs. Although the license withdrawal may have raised questions, these indicators suggest a positive outlook for Binance.
Prominent analysts in the crypto space have taken note of these developments when making their Binance coin price predictions. They forecast a potential rise to $250 before 2023 ends for Binance.
Everlodge (ELDG): One of the Best DeFi Coins
While Binance is going through its ups and downs, Everlodge (ELDG) has skyrocketed during its presale run. This new ICO has already provided early buyers a 150% ROI while selling 30M of its ELDG native token. Global investors are showing great interest and faith in this DeFi project that aims to revolutionize the real estate market.
Everlodge will stand out among its peers by creating a unique property marketplace to mint high-end properties like villas or hotels into NFTs. Afterward, these NFTs are fractionalized. This means anyone can purchase them for prices as low as $100. With this innovative approach, even those with low net worth can become fractional owners of luxurious property on the blockchain and join the world’s top 1%.
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Join the presale: https://t.co/kIufYkD05d#Presale pic.twitter.com/9yzt5hZhul
— Everlodge (@EverlodgeHQ) September 26, 2023
On the Everlodge Launchpad, property developers may also raise funds from the Everlodge community. In return, they can buy into a property during its early stages. And as we all know, investing early in promising projects brings tremendous gains down the line. For this reason, countless individuals are joining the ELDG presale as one token now costs just $0.025. But, if Everlodge gains the adoption it deserves, this price is expected to jump by 3,000% on its launch day. Those who purchase it now will also receive a 15% deposit bonus for a limited time.
Final Remarks
Binance withdrawing its license application in Abu Dhabi may impact the Binance coin. However, Everlodge is seizing the spotlight amid these market shifts. Its long-term growth potential appears outstanding thanks to its low market cap and real-world ties to the $280T real estate market. For this reason, Everlodge could be the best ICO out now.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
The post Binance Pulls License Bid in Abu Dhabi – What’s the Future for Binance (BNB)? Everlodge (ELDG) Rockets Ahead appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/binance-pulls-license-bid-in-abu-dhabi-whats-the-future-for-binance-bnb-everlodge-eldg-rockets-ahead/