Chiliz (CHZ) and Everlodge (ELDG) Tops List for Q1 As Bear Trend Puts Stellar (XLM) at Risk of a New Low

Amid the ever-changing trajectories of coins in the crypto market, investors have recognized the huge potential of the Everlodge (ELDG) project with analysts picking its native token as one of the top crypto coins to invest in now. Given the project’s readiness to list the token in Uniswap, more investors are joining the project. Meanwhile, Chiliz (CHZ) is displaying significant bullish sentiment as it gears for a resurgence. In another development, Stellar (XLM) has witnessed an extended bearishness, which may trigger the token’s market cap to decline to a new low.  

Everlodge (ELDG) Concludes its Presale, Sets to Launch Soon as Early Investors Count Profits

After an engaging period of presale for Everlodge (ELDG), the crypto project has now announced its plans to Launch on the blockchain and get its native token, ELDG, listed on the Uniswap exchange. 

Notably, holders of the ELDG who bought the token at presale are recording profits of up to 290% based on when they bought the token. Within that time frame, the ELDG token has surpassed top crypto tokens like Chiliz,  Stellar and so on. 

For context, the Everlodge platform is an innovative luxury property marketplace where investors can co-own properties at cheap price points and on a secure system. Everlodge as a marketplace plans to achieve this by creating fractionalized NFTs that act as digital representations of these properties. As such, investors who buy the NFTs will own parts of the luxury assets that these NFTs represent. As the prices of these assets increase, so do the NFTs.

Any revenue generated from the assets an investor co-owns will be shared according to the percentage of shares owned. Also, ELDG holders are open to exclusive rewards on the Everlodge platform, such as free nightly stays in Everlodge’s properties. Overall, the Everlodge platform represents a top crypto project worth investing in at the moment.

Analysts have projected a massive 30x return when the token is listed on tier 1 crypto exchanges, making the ELDG one of the top crypto coins to invest in Q1 of 2024.

Chiliz (CHZ) Undergoing a Significant Price Resurgence

Having had a rough 2023, the price of Chiliz (CHZ) is starting to witness a resurgence, as the token gains more ground. The token recorded a 35% loss in the year-to-date price metric. However, following a price rebound, the Chiliz token has gained 34% in the past month. While it is still a long way before the token regains lost grounds, Chiliz is heading in the right direction. 

Meanwhile, the Chiliz trading volume has witnessed declining market activity in the past week. Nonetheless, the token’s newfound bullish sentiment may trigger an investment influx, which would, in turn, push the price to the $0.2 benchmark.

Price Loss for Stellar (XLM) As the Token Experience More Dip

The price of Stellar (XLM) has been on a free fall since last month, having lost over 9% within that time frame. Zooming in, the price value of the token has also lost slightly 3% within the last week. The last time Stellar price dropped to its current value was way back in October 2023.  

More notably, the Stellar market cap is now at the risk of dropping below the $3 billion mark with the current trajectory. Meanwhile, the Stellar trading volume has witnessed a slight increase in market activity in the past week. Analysts believe more market activity is needed for the token to witness a resurgence. As such, investors are moving over to alternative projects that guarantee profits. 

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

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.