The bearish market has affected the performance of many cryptocurrencies. Tokens like Klaytn(KLAY) and Neo (NEO) are finding it tough as the bear market begins to retain dominance. Despite this bearishness, analysts still have high hopes for these tokens when the bull run commences. On the other hand, Everlodge (ELDG) as one of the top DeFi coins, analysts have high hopes for the token as after its recent Uniswap listing.
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Everlodge (ELDG) Continues To Be the Subject of Discussion Even After the End of Presale
Along with Klaytn and Neo, analysts are also backing Everlodge to become a top NFT project in the market. Even after the end of the presale on January 29, investors and analysts have continued to discuss the unique use case of Everlodge and its propensity to disrupt the real estate sector. Everlodge could be a Web3 version of Airbnb, creating a huge pathway for crypto investors.
By minting physical real estate properties such as luxurious homes and villas into digital NFTs, Everlodge is decentralizing the sector, paving the way for average investors to be part of the development. Investors will become owners of fractional NFTs backed by real estate assets by purchasing each unique NFTs for as little as $100. This represents a huge profit when compared to the physical real estate assets.
The Everlodge platform also has a marketplace, a launchpad, a reward club and a lending platform in its kitty. Early investors of this project saw a mammoth 190% profit with increased ROI expected as the ELDG token after its recent Uniswap listing. Although the presale has ended, investors can still purchase the ERC20 token, ELDG, at crypto exchanges.
In terms of security, the smart contract has been audited by an independent auditing firm with the KYC completed. With the global real estate industry estimated to be worth over $280 trillion, an investment in one of the top DeFi coins like Everlodge could trigger a 30x return when the project is launched soon.
Klaytn (KLAY) Down but Analysts Retains High Hope
Klaytn’s (KLAY) best year since its launching into the crypto market was 2021 when it reached an impressive all-time high of $4.38. However, the bear market has battled the Klaytn crypto as evidenced by the 11.91% losses in the past month, according to data from CoinMarketCap.
Despite this bearish trajectory, analysts still retain high hope for Klaytn. When spread across 90 days, the Klaytn price has increased by 36.47% with an impressive trading volume of over $11 million. The token has also gained over 7% in value in the past week. As the bulls continue to push Klaytn, analysts believe the token can wriggle itself out of the bears and head for a rally sooner than anticipated.
Analysts Unwavering Believe in Neo (NEO) as Token Begins to Appreciate
Analysts are unwavering in their prediction for Neo (NEO) as the token begins its journey out of the bear market. Neo had started the year with the bear sentiment, dropping by 20.45% in the past 90 days.
However, a slight 3.19% increase in the past month and another 2.45% increase in the last 7 days has reignited investors’ hope in the token. According to the Digitalcoinprice Neo price prediction for 2024, the token will trade at an average price of $23 before the end of the year. If the latest uprising continues, analysts expect the Neo price to reach $15 in Q1 of 2024.
For more information about Everlodge (ELDG) please visit their website.
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