The Solana (SOL) cryptocurrency has recently surged in value, and there is currently a lot of hope that it can reach $100 in early 2024. It briefly got past the $70 price barrier before retracing back down to $69/65, and as a result, this tidal wave gained significant attention. Ripple (XRP) analysts are optimistic about its future and indicate that there is a bullish momentum that could propel the digital asset to new heights.
Alongside these two cryptocurrencies, Everldoge (ELDG) has made significant progress as it introduces blockchain technology to the $280 trillion real estate market. Today, we will go over each cryptocurrency individually to see just how far they can climb.
Solana (SOL) Breaks Past $70 – Is $106.18 Possible?
Solana (SOL) saw a surge in value of 410% in the past year, out of which 26% growth occurred in the past two weeks alone. A significant level of attention was gained by the Solana crypto when it broke past $70 and climbed to $77.32 before retracing to $69.65 in value. Now, the Solana market cap is at $29,581,675,078, placing it as the 6th largest crypto.
The main concern analysts now have is that SOL has hit a resistance level at $77, which might be difficult to break. It could turn out to be SOL's peak for the time being. However, there is still potential for it to surge in January following the potential approval of crypto ETFs. According to the Solana price prediction, it can reach $106.18 by Q1 2024.
Ripple (XRP) Is Projected to Climb to $2 by EGRAG CRYPTO
Ripple (XRP) showcased a promising, bullish momentum that could propel it to new heights. It caught the attention of crypto analyst EGRAG CRYPTO, who noted how the Ripple crypto didn't manage to close a monthly candle above $1.2 yet, pointing out the existence of body candles. The analyst did however emphasize the absence of a full-body candle. During the past week, the XRP crypto moved in value from $0.609592 to its highest level at $0.692066. The total price upswing in the past year was by 61%.
The analyst signified how Ripple could eventually achieve a monthly candle close with a full body over $1.2, which could lead to an even higher price upswing. According to the Ripple price prediction by the analyst, it can surge to $2 in 2024.
Everlodge (ELDG) to Disrupt $280 Trillion Real Estate Market
Everlodge (ELDG) is an upcoming real estate marketplace poised to make an impact in the $280 trillion dollar market through the introduction of blockchain technology.
With its unique approach, it can solve key issues that have been plaguing the industry for years, such as lack of entry due to high costs, lack of transparency, and low liquidity. The Everlodgeplatform will mint properties as NFTs, then fractionalize them into smaller pieces worth just $100 each.
Anyone can buy or sell them, enhancing liquidity. All of the important details, such as title deeds and ownership data, will be stored in the smart contract's metadata, increasing transparency.
There will also be a dedicated Rewards Club where anyone can get free nightly stays, where they can resell them for additional capital gains. crypto ICO, ELDG, the native crypto, has made solid progress as it recently entered Stage 8, where its price jumped to $0.027, a 170% jump from its starting value. At launch, analysts are predicting a price upswing of 2,500%.
Summary
While Solana and Ripple have both showcased bullish performance, a lot of attention is given to Everlodge due to its impressive presale performance and vast token utility. Everlodge's native crypto can be used for staking and for governance. As a result, traders have begun to diversify their holdings with the crypto, making it the best cryptocurrency to invest in.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
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.
