The upcoming Bitcoin (BTC) halving event has pushed the hash rate to new heights. Moreover, Ethereum (ETH) also saw an upswing in its value, and it could reach new heights by the end of 2023. Everlodge (ELDG) is nearing the end of Stage 6 of its presale, and analysts project massive growth for the crypto at launch. Today, we will go over each crypto’s on-chart data to see just how far they can rise.
Summary
● Bitcoin to spike as high as $37,299.27 ● Ethereum to climb to $2,335.71 by the end of 2023 ● Everlodge to spike 30x at launch
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Bitcoin (BTC) Can Climb to $37,299.27 by the End of 2023
Bitcoin (BTC) has its next halving event scheduled for 2024. The block reward currently is 6.25 BTC per block, and this would bring the reward down to 3.125 BTC. The purpose of this Bitcoin halving event is to control its inflation. Recently, the Bitcoin crypto hash rate has seen an upswing.
Following the first-ever 500H/s day on September 15, the network experienced a similar surge on November 4, at 521 EH/s, and November 5, with it reaching 514 EH/s. According to top market analyst CrediBULL Crypto, the Bitcoin price refused to drop the local invitation point, which was at $34,600.
Moreover, the analyst also noted how the market bulls helped sustain the midrange. In addition, the analyst projects that a new ride toward an all-time high point might not be too far away. As for the recent price performance, BTC traded between $34,174.57 and $35,752.94. According to the Bitcoin price prediction, it can surge to $37,299.27 by the end of 2023.
Ethereum (ETH) Can Climb to a Maximum Point of Value of $2,335.71 by the End of Q4
Ethereum (ETH) also saw a price upswing and is now being accumulated by investors and traders globally. The Ethereum trading volume jumped by 7% in the past 24 hours, and during the past week, its value moved from a low point of $1,785.51 to a high point of $1,912.62.
In the last 30 days, the Ethereum price spiked by 15.6%, and analysts are now bullish about its future. Moreover, from its all-time low in 2015, Ethereum is up by 433,855.91%. According to the Ethereum price prediction, the crypto can surge to $2,335.71 by the end of 2023.
Everlodge (ELDG) to Enable Passive Income Opportunities
Everlodge is an upcoming real estate marketplace that will enable anyone access to the $280 trillion market starting with as little as $100. The platform is responsible for minting properties as NFTs, after which they are fractionalized and split into smaller pieces. For example, if a property is worth $6,000,000, it will get split into 60,000 pieces worth $100 each.
Moreover, as the property appreciates in value, the value of each NFT will increase as well. Furthermore, anyone will be able to stake the ELDG token for passive income or engage in governance. During Stage 6, it trades at $0.023. The presale is 75.85% complete, and at launch, analysts project a climb of 30x.
For more information about the Everlodge (ELDG) presale visit their website here.
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.
