While major players like Bitcoin continue to make headlines, newer tokens with promising potential have risen up lately. Luckily, we have ChatGPT to pick three coins that are valued under $5. They are Stellar, Axie Infinity, and Everlodge. In this article, we will look at what ChatGPT has to say about its price movements in 2024.
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Will Stellar (XLM) Soar in 2024?
Stellar (XLM) is a blockchain-based distributed ledger that aims to link financial institutions and people around the world. It is a decentralized payment network. Its native token, XLM, is among the top-performing altcoins in the crypto market.
Despite being a big-cap coin, the confidence of Stellar investors has dropped to its bearish price. Currently, Stellar's price has plunged by 20.1% in the past 30 days to $0.105083 in October. Yet, ChatGPT is bullish on the price of Stellar in 2024.
However, XLM's price in 2024 depends on two factors – Bitcoin halving and the approval of the Bitcoin spot ETF. Both events could push the price of Stellar coin upwards or downwards. Yet, ChatGPT has forecasted the price of Stellar coin to rise to $0.3 in 2023.
Axie Infinity (AXS) Drawing Close To Token Unlock
Axie Infinity (AXS) has failed to surpass the $5 price despite the recent altcoin market rally. Currently, Axie Infinity is getting ready for a token unlock on October 20th. This event will release about 15.13 million AXS tokens, which are worth around $69 million, into the market.
However, on-chain data shows that the whales are currently selling their tokens before the unlock. Interestingly, this is similar to what happened on July 22nd, 2023, during the last token unlock. At the time, whales sold most of their holdings.
As a result, Axie Infinity's price dropped 26% 30 days after the unlock. Meanwhile, ChatGPThas predicted that the price of the Axie Infinity token will drop to $4.09 falling the unlock. However, the AI bot predicts a price recovery to $5.14 in 2024.
Everlodge (ELDG): How To Build Generational Wealth
Unlike Stellar and Axie Infinity, Everlodge (ELDG) is a new project that is making waves in the cryptocurrency space. This is because of its unique approach to real estate investment. For many years, the real estate and vacation market was opened mostly to the rich. However, things are about to change with the emergence of Everlodge.
Consequently, this will make buying and selling of luxury properties easy. In addition, Everlodge aims will allow people to co-own properties. Interestingly, you will be able to co-own and invest in vacation homes, luxury villas, and hotels for just $100. How will Everlodgeachieve this?
Everlodge will turn real-world properties into NFTs in the marketplace. Thereafter, it will divide these NFTs into portions that you can buy to signify your share in a property. One interesting thing is that you can trade these NFTs on Everlodge's marketplace or other places that use ERC20. You can also use them as collateral to get short-term or long-term loans.
Everlodge's unique approach makes it a promising token. Meanwhile, ELDG, Everlodge'snative token is up, trading at $0.02. Experts believe the ELDG token will soar on Everlodge'ssuccess and grow 40x in value by the first half of 2024.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
