With the crypto market bouncing back from the recent downturn, many cryptos are drawing the attention of analysts. Hedera (HBAR), Litecoin (LTC), and Everlodge (ELDG) are some of the tokens that have attracted analysts. Based on predictions, these three tokens will return 10x profit before the year-end. Meanwhile, over 25 million ELDG tokens out of the 40 million tokens available for stage one of the presale have been sold so far.
- Latest on Hedera Hashgraph as the token heads for a resurgence.
- Litecoin holders are optimistic of a bull run soon.
- Crypto analysts predict a 280% surge in Everlodge price before launch.
Will Recent Developments Skyrocket Hedera (HBAR)?
Recently, more investors have been eyeing the Hedera (HBAR) token due to its impressive price performance. As an alternative to blockchain, HBAR employs Hashgraph to provide secure and fair transactions in the appropriate order. Tata Communications and Boeing HorizonX Ventures are major investors and have helped Hedera Hashgraph raise $125.5M.
The Hedera price has declined by 8% in the last 7 days. In the last 30 days, it has gained slightly 2%. However, with the US Federal Reserve adding HBAR-enabled platforms to their list of service providers a few days ago, there is hope for better performances in the coming weeks.
Already, crypto forecast platforms are bullish on Hedera. Changelly, a price prediction platform, estimates the token to trade at an average price of $0.062 before the end of the year. Analysts are optimistic of a 10x profit before the end of 2023.
Litecoin (LTC) – More Positivity for Its Long-Term Holders
Litecoin (LTC) has inspired more positivity for its long-term holders and they can expect a massive surge soon. The platform has enjoyed incredible new milestones in recent times. The outstanding one is its 50% growth in usage on BitPay, a crypto payment processor.
Another reason long-term holders remain positive about Litecoin is because of the growth rate. As of 2022, the platform has only performed 39 million transactions. However, it has surpassed 175 million transactions in 2023 and holders expect more before the end of the year.The tendency for growth is the reason new investors are attracted to Litecoin.
LTC is currently experiencing an uptrend, having gained 4% in value in the last few days. The technical analysis shows that the green lines are active, which could be a sign of a rally coming soon. Amazingly, the trading volume is also surging, which means investors are optimistic of a rally soon. Experts believe that LTC coin will return 10x profit before year-end.
Everlodge (ELDG) Projected To Rally on Launch Day
Hedera and Litecoin may have shown how reliable they can be to their holders, but many investors are still moving towards Everlodge (ELDG). The platform aims to revolutionize the traditional marketplace by introducing fractional ownership of properties through property-backed NFTs. This means properties such as vacation homes, luxury villas, and hotels are minted into NFTs.
With these fractional NFTs, users will be able to invest in the massive $280T real estate market. With as much as $100, users can become fractional owners of luxury properties.
Security is necessary to secure user’s funds and prevent liquidity. Everlodge will lock liquidity for eight years and freeze the team’s token for two years. BlockAudit and InterFi Network have audited the project. This proves the reliability of the platform.
The token is in the first stage of presale and is currently sold for $0.012. There are numerous benefits that come with it, such as access to free nightly stays in properties, governance, and more.
Due to its link to the luxurious real estate industry, crypto experts have predicted that the token price will surge to $0.035 before the presale is over. With the projected 30x increase in the price on launch day, now remains the best time to join the project.
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