Memecoins have long been in the spotlight, led by the likes of Dogecoin. With a humorous origin and a strong community, Dogecoin is now a household name in the crypto world.
However, for 2024, one question remains: how does Dogecoin price prediction fare against cryptocurrencies like Monero (XMR) and Everlodge (ELDG), which offer tangible real-world utility?
Let’s find out what Dogecoin, Monero, and Everlodge may have in store for us in 2024 and which one is expected to grow 30x this year.
Dogecoin Price Prediction – From Bitcoin Spoof to the King of Memecoins
Dogecoin's journey, from a playful meme to a heavyweight in the cryptocurrency market, has been nothing short of impressive. At press time, Dogecoin has increased by over 14,778% since its launch, according to CoinMarketCap.
However, Dogecoin struggles with long-term viability; many investors are now more and more discerning, and a memecoin with no real-world utility could lag behind other feature-packed tokens that are more than just speculations – they offer real value and the possibility to grow your wealth over time with passive income.
As of this writing, Dogecoin’s price is about 10% down in the past month alone. Regarding the Dogecoin price prediction for 2024, the consensus among analysts is that more downside is possible, with bearish metrics flashing brightly on the Dogecoin price chart in the near term.
Everlodge: A Game-Changer in Real Estate
Everlodge is transforming the world of real estate investment with its innovative blockchain approach to investing in luxurious properties using secure blockchain technology. In other words, it makes it easy to invest in fractional parts of luxurious properties from only $100, opening the door to a niche usually reserved only for high-net-worth individuals.
By converting real estate assets into NFTs, Everlodge ensures that property ownership is both secure and transparent. Also, as the property prices appreciate, so does the value of your investment. This is essentially a breakthrough innovation to allow individuals with all budgets to generate passive income via multimillion-dollar real estate investments.
Everlodge is currently in its presale stages but has already stirred excitement in the crypto community, so analysts predict Everlodge tokens to increase by 280% during the presale stages. Additionally, projections estimate a remarkable 30x increase in value post-launch, making it a gem for investors looking for utility-driven cryptocurrencies.
Monero: Where Privacy Embraces Practical Use
Monero is a leader in the crypto world as a privacy token, a sharp contrast to the flashy world of memecoins. Monero is all about making sure that when you use it, no one else can identify your dealings. This privacy is important for people who want to keep their financial activities private and safe.
While other cryptocurrencies like Dogecoin are merely for speculation, Monero is targeted toward practical, daily use for buying and selling. Although keeping regular transactions private with Monero has had its criticism, being linked to illegal activity, Monero is still a leader among privacy coins. This could ensure it has a place among the top cryptos to buy this year.
Summary
When contrasting the inherent utilities of Monero and Everlodge with the appeal of Dogecoin, the conversation extends beyond mere market hype. Monero, with its strong commitment to privacy, offers a level of transactional security that is still unmatched.
Everlodge, on the other hand, ventures into the tangible world of real estate. It breaks new ground by making luxury property investment accessible to any investor, regardless of their capital. The platform's integration of real estate and blockchain technology introduces a novel method for generating passive income and enjoying real-world assets' benefits.
Grab your share of Everlodge tokens today to enjoy early bird advantages and up to 280% growth during the presale stages and over 30x growth once it launches!
