SPONSORED POST*
Pseudonymous analyst Altcoin Sherpa is bullish on the future of Avalanche (AVAX) and told his over 200,000 followers that the crypto is not yet done rallying. Alongside it, Solana (SOL) also experienced a rapid price upswing which could propel its value further, and Everlodge (ELDG) picked up significant attention with the performance of its crypto ICO and presale. We will explore the price performance of each crypto to see how far they can rise, and to see which is the best DeFi project.
Avalanche (AVAX) to See a Surge according to Altcoin Sherpa
Avalanche (AVAX) recently saw an upswing in value which made it a popular and trending cryptocurrency among traders. It also picked up significant attention from analysts, as Altcoin Sherpa recently shared a post on X (Twitter) surrounding the Avalanche future.
The trader shared a chart that showcases who AVAX is breaking out of its resistance at $39 on the weekly chart, and that as a result, it could swing as high as $55 or $60 in the near future.
As for the on-chart data, during the past week, Avalanche traded between $34.62 and $44.95. In the past 30 days, the crypto was up 87%, and in the past year, its up 235%. According to the Avalanche price prediction, it can surge to $70.75 in 2024.
Everlodge (ELDG) to Enable Fractionalized NFT Ownership of Properties
Everlodge (ELDG) is an upcoming DeFi project and real estate marketplace that will introduce blockchain technology and AI-driven tools that can completely disrupt the real estate market.
- Getting access to properties has traditionally been difficult, as most property can cost millions of dollars in upfront capital.
- Everlodge will mint each property as an NFT, and afterwards, fractionalize it into smaller pieces worth $100 each.
- This way, if a property is worth $4,000,000, the property would get fractionalized into 40,000 individual pieces.
- Anyone who owns these fractions can also retain all of the benefits surrounding property ownership, such as value appreciation, and passive income opportunities.
The platform will even introduce an AI tool that will be available to token holders that will monitor and scan global property prices in all territories. This will give them up-to-date snapshots of a specific region in a specific time frame. It will see usage as a predictor for undervalued markets.
Solana (SOL) Blows Up in Value by Over 500% – Can Surge Above $110 in 2024
Solana (SOL) also experienced a notable upswing, as its a quick and decentralized Layer-1 network that utilizes Proof-of-History (PoH), which has made it a major player in the industry. In fact, during the past year alone, the Solana crypto surged in value by 506.2%.
In the past two weeks, its up 24%, and during the last seven days alone, Solana grew from $64.81 to $78.82. According to the latest Solana price prediction, it can surge to $110.69 in 2024.
Summary
While Avalanche could soon reach new heights, and Solana is performing well, traders are still diversifying their holdings with the Everlodge cryptocurrency. ELDG is undergoing its crypto ICO, where at Stage 8, its offered at $0.027, but can spike as high as 3,000% following its launch and listing on Tier-1 exchanges.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
*This article was paid. Cryptonomist did not write the article or test the platform.