The current bullish market trajectory is favoring many altcoins with substantial price increases in the past few weeks. Leading the way is BNB (BNB), with more than a 50% price increase after the initial slump.
The Graph’s (GRT) sudden resurgence has also been incredible, with continuous green signals all around. Everlodge (ELDG) has also been sighted as a token with a massive bullish outlook, with experts adding it to the list of the best crypto to buy now. Let’s find out what potential investors should expect from these tokens.
BNB (BNB) Punches Above 50% Despite Massive SEC Penalty
In recent times, BNB (BNB) has been hit by two massive events, shaping its current trajectory in the crypto market. First, it was BNB’s long-awaited issues with the Security Exchange Commission (SEC), for which it had to cough out a whopping $4.3 billion.
The second issue was the stepping down of its CEO, Changpeng Zhao. However, these issues appear not to have affected BNB price and the expert’s BNB price predictions for 2024 as it continues its massive resurgence with a 50% increase.
At BNB’s current price of $320, some informed analysts are predicting BNB token price to go as high as $400 with this present momentum. However, it remains to be seen if the present momentum will be sustained.
The Graph (GRT) Sustains Revival With a More Than 40% Increase
The recent revival of The Graph (GRT) token continues with a more than 40% increase in the last month, according to data from Coinmarketcap. Having initially lost its dominance to the bear pressure, The Graph has experienced a resurgence, finally crossing above the $0.2 resistance trendline. The Graph price chart shows that the green lines are active, which means the rally might continue for the next few weeks.
However, there are concerns that a retest level may see The Graph token slip below $0.2. Analysts believe if this uptrend is sustained, The Graph price may cross the $0.3 mark in 2024. Experts are optimistic about a rally in the year, which makes it one of the top crypto coins to invest in presently.
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Everlodge (ELDG): Predicated for Massive Growth by Many Analysts
The crypto sphere is packed with plenty of projects. While BNB and The Graph are souring, Everlodge is getting considerable attention as a result of its features. By combining real estate investment with Web3 technology, Everlodge is creating a never-seen-before opportunity for investors.
Everlodge will combine physical real estate properties such as hotels and luxurious villas into digital NFTs that investors can purchase. This will allow everyday investors to own luxury real estate with minimal capital.
Aside from making real estate affordable for investors through fractional investment, Everlodge has different earning features that investors can opt for including:
- Marketplace: A place to buy and sell digitized assets
- Launchpad: This helps property developers in raising capital for new projects.
- Rewards Club: An exclusive reserve for members to earn free night stays at their choice Everlodge property
- Lending: A premium package for investors to use their properties as collateral for loans
Everlodge is an ERC20 token with a total supply of 800 million with 480 million ELDG tokens available for presale. The ELDG token is in the 9th stage of presale, with the token sold for $0.029. With KYC completed and the team token locked for two years, Everlodge remains one of the top crypto coins to invest in 2024.
Interested investors should quickly grab this opportunity as only 40 million tokens will be sold at this price. The moment the token sold reaches 40 million, there will be a price increase. With a potential 280% increase at presale and a 30x increase at launch, the time to get into the project is now.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2024/01/04/market-sentiments-favor-bnb-bnb-and-the-graph-grt-while-everlodge-eldg-sets-for-bullish-breakout/?utm_source=rss&utm_medium=rss&utm_campaign=market-sentiments-favor-bnb-bnb-and-the-graph-grt-while-everlodge-eldg-sets-for-bullish-breakout