A look into the crypto market trends reveals insights into the performance of some tokens since the turn of the year. Stacks (STX) has been experiencing an uptrend in the last few weeks, which has seen it record a year-high price. Similarly, Everlodge (ELDG) is becoming one of the best crypto to buy as its presale attracts whale investors. Meanwhile, Chainlink (LINK) is showing signs of a resurgence in sight after battling the bear market for days. See a detailed rundown of these tokens below.
Everlodge (ELDG) Begins Year with Massive Presale Boost
Everlodge (ELDG) is starting the year on a high note as its ongoing stage 9 presale phase draws the attention of whale investors. The project, which has since sold up to 20M presale tokens to investors, is poised for high growth in 2024.
The goal of Everlodge is to make luxury property investment affordable and safe for potential investors. To achieve this, Everlodge is creating an innovative model where investors can purchase fractionalized NFTs backed by real-world luxury assets. As such, holders of these NFTs automatically own a fragment of multimillion-dollar luxury assets. These NFTs can also be used as collateral to borrow money on the Everlodge platform.
Moreso, the Everlodge native token opens more opportunities to investors on the platform. For instance, ELDG token holders will gain access to free hotel stays at properties owned by Everlodge. Also, the Everlodge ecosystem has a native token, ELDG, an erc20 token that is used to transact on the platform's marketplace.
The ELDG token is currently sold for $0.029 and will increase at the next stage of presale. Very soon, individuals will be able to stake $ELDG for passive income. In view of these, experts have projected a massive 280% increase in value during the presale and a further 30x increase on launch. This makes ELDG one of the best crypto to buy in 2024.
The Everlodge project is safe and secure with a high potential for profits. The smart contract has been audited by an independent auditing firm. The token's liquidity will be locked for 8 years and team tokens for 2 years. Now, remains the best time to invest in the project.
Stacks (STX) Consolidates Price Value Amid Bullish Trend
Following a month-long bull run, Stacks (STX) is enjoying a healthy price value in the crypto market. Since the turn of the year, Stacks have gained over 5% in price value, according to price data from CoinMarketCap. While that may look relatively small compared to the over 60% price gain in December, there are high hopes that Stacks will continue to consolidate its price level in 2024.
At the current trajectory, Stacks price may reach $2 before the end of Q1 of 2024, making it one of the top crypto coins to invest this month.
Chainlink (LINK) Could Be Heading for a Resurgence
Chainlink (LINK) has been on a downtrend in the last few weeks, with the LINK price dropping by 10% in the last few days. Data from CoinMarketCap shows that Chainlink’s price have also dropped by 9% in the last 30 days. This drop has seen the coin's value fall below $15.
However, the Chainlink trading volume has been increasing by an average of 100% since the new year. Also, the Chainlink price chart shows that the green lines are active which is a sign of a resurgence in sight. With the speculations of a bull run coming, there are high expectations of the coin returning profits in the next few months.
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
