Cardano (ADA) recent developments have alerted the attention of analysts with the token predicted for a bullish run. Moreover, Ethereum Classic (ETC) is expected to leverage the power of the main Ethereum network for an upswing. However, Everlodge (ELDG) is making huge progress in the crypto market with the revolutionary idea of fractional ownership of real estate properties. Let's explore the three tokens and see why they have been picked as the best cryptos to invest in Q1 of 2024.
Everlodge (ELDG) Enables Real Estate Investment With Minimal Capital
Alongside Cardano and Ethereum Classic, Everlodge is another token that is expected to rally in the first quarter of 2024. When launched, Everlodge will enable investment into luxury properties for only $100.
The platform will achieve this feat through fractional ownership of real estate properties that have been minted into digital NFTs. The implication is that instead of purchasing a million dollars worth of luxurious homes and villas, investors can purchase tamper-proof NFT assets with underlying real estate properties that are stored as an on-chain day on the blockchain.
The platform utility token, ELDG, is an erc20 token built on the Ethereum Blockchain. The token will be used for payment and transaction purposes across different Evelodge features. The project is currently in the 9th stage of presale and selling for $0.029 per ELDG, with the price increasing soon. By holding this token, investors can attract tons of rewards, such as low trading fees, maintenance fee reductions, and staking of assets for passive income.
According to Everlodge's white paper, the team token will be locked for two years and the liquidity pool for eight years, giving more price stability for the token. The project's smart contract has been audited by an independent auditing firm and the KYC has also been completed. With a predicted price increase of 280% before the end of presale and a 30x increase by launch, Everlodge is one of the best defi tokens analysts are bullish on.
Cardano (ADA) Holders Optimistic Despite Recent Market Downturn
Notwithstanding the recent crypto market downturn, there is growing optimism among investors that Cardano's price will turn bullish soon. This growing optimism has been attributed to the recent improvement being done on the Cardano network.
In the last 30 days, Cardano developers have made an average of 449 daily commits on GitHub to become one of the networks with the highest engagement on GitHub. Although there has been some reduction in Cardano's key market metrics, such as the reduction of 9.30% in its stablecoinmarket cap, Cardano is expected to outgrow these negativities and spark a resurgence. The token still remains one of the best cryptos to invest in the year.
Ethereum Classic (ETC) Price Predictions
Ethereum Classic (ETC) is not having the best of moments with the token battling the bear market. The ETC token has slipped by 14.84% in the last 30 days. A look at the Ethereum Classic technical indicators also indicates that the bearish market is having a 58% advantage with the Fear and Greed Index displaying a score of 71 (Greed).
However, Ethereum Classic can not be ruled out just yet as it leverages the power of the Ethereum network. With the Ethereum network set for a massive bull run soon, the Ethereum Classic price is predicted to rise to $30 before the end of the first quarter of 2024.
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.
