With Bitcoin’s ETF approval secured and the altcoin season in full effect, numerous altcoins are emerging as top contenders for this year.
Cardano and Polkadot, in particular, have seen substantial price increases that are expected to continue. Concurrently, Everlodge, a new crypto project, is set to reach an unprecedented high at launch, attracting an increasing number of investors looking for promising new crypto investments.
Cardano Sees Increased Transactions Amid Price Rise Cardano’s (ADA) price has risen from its previous bearish price, which was below its support level, to a new range of $0.56 to $0.59. This shift occurred after ADA’s price dropped a few hours ago and has since maintained a bullish trend.
Despite being one of the top cryptocurrencies with the largest market caps, Cardano has seen further growth, with the current market cap reflecting a 12.80% increase in just 24 hours. Cardano’s trading volume has also risen by a remarkable 90.88%, indicating a strong uptrend that could continue.
Given its strong performance over the past week and its current price nearing $0.6, Cardano appears well-positioned to reach the $1 price mark this year.
Polkadot (DOT) Prepares for Another Significant Price Increase Polkadot (DOT), another leading cryptocurrency, is ready for another price increase, potentially reaching $10 soon. At the time of writing, Polkadot’s price is around $8.48, reflecting a 24.88% increase over the past month and approximately a 10.62% increase in the past week.
Similarly, Polkadot’s token is also seeing a rise in trading volume, with over 125% gains added to its trading activity in just 24 hours. Like Cardano, Polkadot is set for a continued rise given its surge in trading volume.
Everlodge (ELDG) Expected to Hit Record High at Launch Everlodge’s potential for a record high this year is due to its innovative approach as the first NFT marketplace backed by real-world properties. The crypto project uniquely combines fractional vacation home ownership with timeshare and NFT technology.
By using NFTs to fractionalize digitized properties, Everlodge enables investors to access high-value real estate at lower costs (as low as $100), making it an appealing option for many. This first-of-its-kind crypto project incorporates these concepts on the blockchain.
Everlodge ($ELDG) offers various benefits, including discounted property acquisition rates, use as a currency within its ecosystem, complimentary accommodations, eligibility for contests, and staking options for monthly interest. These features contribute to positive investor sentiment.
The ongoing presale, with the token recently appreciating to $0.029, indicates growing interest as a viable crypto investment. If Everlodge successfully implements its unique concept, it could attract more attention and investments, potentially leading to a record high in 2024.
To learn more about the Everlodge (ELDG) Presale, check out their official website.
