Ethereum (ETH) saw a price pump as bulls regained control of the market and initiated a rally in the short run. The breakout above the $2,000 hurdle also provided the crypto with a lot of investor attention, and the price continued the momentum, which was supported by a decent buying volume.
Everlodge (ELDG) also saw a significant upswing as it made its way towards Stage 8 of its presale, fueled by interest in its disruptive blockchain technology implementation and AI-driven features. We will explore the opportunity for both cryptos and see how far they can climb.
Ethereum (ETH) Breaks Above $2,000 – To Reach $3,332.19 in Q1, 2024
In the past year, Ethereum (ETH) saw a total price upswing of 75%. During the previous seven days, ETH moved up in value from $2,201 to $2,384, and this growth occurred following the crypto’s break above the $2,000 price barrier. Currently, the Ethereum market cap is at $266,955,902,567, while its trading volume is at $20,666,358,004.
Bloomberg ETF analyst James Seyffart said in a post on X, formerly Twitter, on November 15 that following the SEC delaying the ETH futures ETF bid, he believes if they do approve the application, it will allow Grayscale to argue for the approval of the spot Ether ETF application. As a result, this pushed interest in the Ethereum crypto further and could lead it to new heights. Based on the Ethereum price prediction, it can reach $3,332.19 by the start of 2024.
Everlodge (ELDG) Will Enable Fractional Ownership in Multi-Million Dollar Properties
Everlodge (ELDG) will disrupt the $280 trillion real estate market through the introduction of blockchain elements that will tackle key issues in the industry. Historically, most people had trouble accessing the space due to the high costs of entry, as most properties would cost millions of dollars that needed to be paid upfront.
As a result, Everlodge will mint each property as an NFT and, afterward, will fractionalize them. This way, if a property is worth $5,000,000, it can get split into 50,000 pieces worth just $100 each. Holders of these fractions retain all of the benefits associated with property ownership, such as passive income from rental properties and value appreciation.
There will also be an AI tool that can predict future markets in which properties can explode in value, providing users with high ROI opportunities. A Rewards Club will be available where holders of the native crypto can get access to free nightly stays, and a Launchpad will be featured, where property builders can get funding from the community. As a result, anyone will be able to build a vast, diversified portfolio of properties and maximize their opportunities. All of these aspects make it the best new crypto to invest in.
While analysts are bullish on Ethereum’s future, it will take some time for the crypto to reach the projected gains. Currently, the ELDG crypto is undergoing its crypto ICO phase and is at Stage 8, trading at just $0.027. With its recent momentum in mind, at launch, analysts are expecting a price upswing of 2,500%.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.