Binance announced that they would пradually end support for BUSD products. This resulted in a dip in the value of Binance Coin (BNB). Uniswap (UNI) has also been on a downward trend, so investors have switched to Everlodge (ELDG). This upcoming real-estate-oriented project is projected to surge by 4,000%, and today, we will go over why.
- BNB to reach $307.14
- Uniswap can climb up to $8.44
- Everlodge to surge 4,000%
Binance Coin (BNB) Outlook
The Binance Coin (BNB) crypto was affected recently after the company announced it would gradually end support for BUSD. In fact, they would remove it from spot and margin trading pairs.
Moreover, users have been asked to convert their BUSD into other assets by February 2023. In addition, the decline of the BNB crypto and network activity can be attributed to the lack of buying pressure, with the latest rejection at the $225 resistance level.
With bears in control, sellers aim to hit the $210 BNB price level soon, as the crypto has a tendency to stay in a range after sharp price movements. Nonetheless, bulls have the opportunity to reclaim the BNB $225 support level and push for more gains, assuming the trading volume picks up.
According to the BNB price prediction, its maximum point of value will be at $307.41 by the end of the year.
Uniswap (UNI) Loses Momentum
The Uniswap (UNI) crypto recently saw movements after Uniswap Labs, the company behind the project, won a lawsuit that users filed against the DEX. Some users claimed that the exchange was dealing with securities advertised as digital assets.
The outcome came after multiple hearings with the network’s regulatory compliance coming into question, but the Southern District of New York (SDNY) court decided to dismiss the lawsuit. Now, the Uniswap price stands at around $4.4, with the next support level at $5 and the floor price being at $4.04.
Conversely, the increased buyer momentum can send the Uniswap crypto north, with several imbalance zones standing out. The price always fills the imbalance zones when looked at from a historical performance point. According to the Uniswap price prediction, it can surge to $8.44 by the end of the year.
Everlodge (ELDG) to Match and Even Pass Their Momentum and Growth
Everlodge is an upcoming project that has gained the interest of investors and traders, as many analysts are predicting a growth of 4,000% at launch. The platform will create the first-ever marketplace in which anyone can buy fractions of real-estate properties worth millions of dollars.
Traditionally, if someone wanted to buy a vacation home or luxury villa, they would need to invest $1 million, or even more than that up front. However, Everlodge digitizes and mints these luxurious properties into NFTs. Any property ownership details, deeds, and titles are in the NFT metadata.
This means that users can suddenly make an investment starting at just $100 whilst also getting all of the benefits. They can get free nightly stays or get passive income from rental properties. As the property appreciates in value, so will their stake.
The ELDG token powers all of this. It’s trading at $0.012 during Stage 1 of the presale but can spike 33% at the next stage. Those looking for massive ROI will want to diversify with Everlodge before it explodes in value.
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