Crypto markets are gearing to overdrive, making investors bullish. Still, markets like theseshould make investors cautious, asking the right questions. Is Litecoin going to reach its all-time high? Why are Solana investors switching to Everlodge?
Litecoin (LTC) Is Producing Amazing Numbers
Litecoin is very stable this month as it’s zig-zagging the chart, moving around only by ~2%.
The market remains optimistic as The MimbleWimble Extension Block increases privacy andscalability. So this attracted more investors.
The introduction of fungible tokens via LTC-20 is another reason to expect Litecoin’s growthbecause similar moves from other cryptos did the same. Cheap and fast transactions madeLitecoin achieve more transactions than any other crypto. It also achieved 1.4 million activeaddresses.
These remarkable numbers may bring Litecoin to its all-time high in 2024 if bullish market conditions persist long enough.
Solana (SOL) Has a Terrible Rainbow Chart
Solana is smashing the charts this entire year. Solana grew 14.76% today, 21.97% this week, 44.34% this month and 582.69% this year. It’s been an unstoppable year for SOL, going from$13 to $82. Especially in the last two months when it mooned from $20 to $82. Investors are wondering how long Solana can keep this going.
Technicals for Solana suggest that the rally may soon be over. For one, Bollinger Bands andKeltner Channel show 83.00 - overbought. Williams %R shows -8.57 - overbought. Therelative Strength Index is barely neutral at 68.37 and almost overbought territory.
The one-month chart isn’t any different. Only the Keltner Channel barely remains outside ofthe overbought zone. Litecoin, on the other hand, remains in the neutral zones, and itsinvestors await further growth. In the meantime, Solana investors move to Everlodge.
Everlodge (ELDG) Collecting Investors Escaping Solana
During times of big growth, many wonder if the market has overbought. Since crypto hasalways been highly dependent on speculation, this is precisely what Solana investors worryabout. They’re seeking more secure investing opportunities, and they’ve found them here.
Everlodge is the AirBnB of real estate on the blockchain. Property is minted in NFTs, fractionalized, and sold on an open market. In turn, investors buy these fractions and earnpassive income from rent. And they also benefit from ever-inflating real estate prices.
As the real estate market is worth $280 trillion, there’s plenty of room for Everlodge to expand. There’s also the global hospitality industry and the vacation rental market.
Since investors have recognized this enormous potential, they started flocking in. Possiblybringing the presale to an early end. Analysts expect Everlodge to grow 280% during thepresale x30 at the launch date, so check out the presale before it ends.
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.
