Recently, Coinbase's CEO Brian Armstrong stated that he views the SEC's refusal to implement clearer crypto rules as a minor victory. This will lead the exchange to escalate its pursuit of legal action for regulatory clarity. Meanwhile, altcoins like Optimism (OP), Klaytn (KLAY), and Everlodge (ELDG) are emerging as potential stars. While OP and KLAY are already established players, ELDG is a new ICO that will disrupt the $613T real estate market. Let's find out how.
In recent news, Coinbase has listed the Optimism (OP) token for futures trading. This means OP traders can now experience lower trading fees and high leverage. After this bullish development, the Optimism crypto price increased from $2.14 on December 13 to $2.16 on December 16.
The technical analysis of Optimism also paints a bullish picture, with 23 technical indicators showing green. Moreover, its Fear & Greed index rating is 67 (Greed) – good bullish signs for this altcoin.
Experts in the field have taken note of all these indicators as they foresee an Optimism price surge to $2.22 before 2023 ends.
Klaytn (KLAY) recently released the v1.12.0 upgrade, introducing two hard forks and more API enhancements. After this Klaytn news, the token value jumped from $0.23 on December 11 to $0.26 on December 16.
From a technical perspective, Klaytn may continue this bullish trend as it recorded 17/30 (57%) green days over the last month alone. Furthermore, the Klaytn price now sits above its 50 and 100-day EMAs.
Due to all these reasons, market analysts have made a bullish Klaytn price prediction. They forecast a potential price growth of $0.27 before December 2023 finishes. This makes KLAY one of the promising altcoins to watch.
Everlodge (ELDG) has been on a trajectory that's turning heads in the crypto space, having rewarded early investors with 170% ROI. However, experts call this the tip of the iceberg, predicting a potential 30x surge in 2024. For this optimistic forecast, they point to Everlodge's innovative approach, which taps into the flourishing real estate market.
At its core, Everlodge will introduce a groundbreaking NFT marketplace supported by real-world properties. The platform digitizes high-end hotels and luxurious villas into NFTs, which are fractionalized, enabling fractional ownership. You can co-own an elegant Maldives vacation home on the blockchain for as little as $100 – a game-changing opportunity.
Central to Everlodge's DeFi ecosystem is the ELDG native token, which covers all transaction fees within the platform. Holding ELDG brings various perks, including participation in exciting holiday giveaways, trading fee discounts, and more. Now worth just $0.027 per token, countless individuals are flocking to this crypto ICO event. In fact, over 4.9M tokens have been sold thus far.
They are banking on ELDG's long-term growth potential as experts project it may rise to $0.038 before the presale ends. Afterward, a Tier-1 CEX listing is expected, which could trigger a 30x rally for ELDG. If you wish to capitalize on this growth, you can purchase the ELDG token now and obtain a 10% deposit bonus for a limited time.
As Coinbase's legal action unfolds, the upward momentum of Optimism and Klaytn may be appealing to some. However, their high market caps of $1.9B and $877M make it hard for their prices to reach their full potential. Everlodge will not have this issue as it has a low market cap of $14M – meaning fewer new funds are needed for a noticeable price surge. This makes Everlodge the best crypto to buy right now.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.