Thorchain (RUNE), Akash (AKT), and Everlodge (ELDG) Among the Top Tokens to Invest in 2024

February 12, 2024
·
3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

With the vast number of cryptocurrencies in the market, it may be quite tasking to recognize tokens with high growth potential effectively. However, by studying some tokens' price trajectory and market stats, analysts have picked three top cryptocurrencies that are likely to return high ROI in 2024. These tokens include THORChain (RUNE), Akash Network (AKT) and Everlodge (ELDG). The Everlodge project has already given early investors massive ROI as analysts anticipate more in the coming months. 

Everlodge (ELDG) Lists Token on Uniswap to Trigger Further Price Gain Ahead of Launch

As Everlodge (ELDG) prepares to launch on the blockchain network, the ELDG native token has successfully been listed on the Uniswap exchange. The listing announcement was made in a tweet on the platform's official X account (formally Twitter). Also, the token's airdrop will take place on the 16th of February. 

What this means is that individuals can now stake the ELDG token for more profits on the blockchain. With such development, it may be wise to invest in the top crypto token now that it currently sells at only $0.06. This is because the bullish momentum resulting from the launch and Uniswap listing may propel it to a high price value in the coming weeks, ahead of tokens like Akash Network and  THORChain.

Meanwhile, early investors of the ELDG token have recorded over 190% ROI. More gains are expected now that the token has already been listed. Within the next few months after launch, the ELDG token will likely get listed on other tier-1 crypto exchanges.

READ MORE   Next Big Crypto to Explode Before 2025: Hottest Coins for 100x Returns in 3 Months

Everlodge as a platform is a unique investment approach where real estate investment is made affordable, secure, and profitable. Everlodge plans to achieve these goals by creating fractionalized NFTs backed by real-world luxury assets from across the planet. As such, when investors buy the NFTs, they'll be owning part of multimillion-dollar properties alongside a share of the revenue that the properties generate. With as little as $100, investors can purchase these luxury assets which are a digital representation of these assets. 

Meanwhile, holders of the ELDG token are open to enjoying exclusive rewards such as free nightly stays on Everlodge's properties. Overall, the Everlodge platform is an opportunity to invest in a top crypto token with high growth potential.

Akash Network (AKT) to Replicate Bullish Uptrend of the Last Quarter in 2024

The Akash Network (AKT) token saw significant bullish momentum in the last three months to be within touching distance of the $3 price mark, having gained over 443% in a year-to-date price metric. Before the bullish run of the last quarter of 2023, Akash Network was trading below the $1 mark in October. 

However, from November through to February 2024, the Akash Network price has maintained a bullish foothold. With Akash Network trading volume being on a 10% average day-to-day uprise for some weeks now, analysts expect the token to trade above $5 before the end of 2024.

THORChain (RUNE) Corrects Bearish Slop, Now Bullish

Since the price of THORChain (RUNE) reached a year-to-date price peak of $7 on December 4th, 2023, the token has recorded a more slippery slope of the bear market than a rally. By January 24, 2024, the THORChain price dropped below the $4 mark.

Thinking of expanding into Africa?
Avoid the common mistakes businesses during expansion. Register to learn the common mistakes business make when expanding into Africa.
Itana Form (#91)

Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.

READ MORE   BlockDAG’s Testnet Launch on September 20 Sparks Buyer Interest, While Toncoin Faces Uncertainty & Polkadot Signs Big Deals

However, since then, THORChain has recorded a significant price uptrend to sit comfortably above the $5 mark. The THORChain market chart from CoinMarketCap shows the token price has rallied by 16% within the last week and 11% in the last 30 days as analysts anticipate more price uptrends in the coming days. 

For more information about Everlodge (ELDG) please visit their website.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
Subscribe To Techpoint Digest
Join thousands of subscribers to receive our fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
Other Stories
43b, Emina Cres, Allen, Ikeja.

 Techpremier Media Limited. All rights reserved
magnifier