In the current DeFi market, three cryptos are making headlines: Polkadot (DOT), Tron (TRX), and Everlodge (ELDG). While you may be familiar with DOT and TRX, ELDG is an altcoin that recently finished its presale. It has now been listed on Uniswap and further listings are coming. Many analysts claim this is the best crypto to buy for long-term gains. Let's find out why.
Recently, Polkadot (DOT) has been on a tear. According to CoinMarketCap data, the Polkadot price jumped from $6.75 to $7.65 in the past week alone. During that time, its market cap also grew from $8.66B to $9.78B.
Additionally, the sentiment for this altcoin is bullish as it has experienced 17/30 green trading days. With over 25 technical indicators also in the green, experts have made a bullish Polkadot price prediction. They foresee a potential price pump to $9.57 for DOT within Q2 of 2024.
Meanwhile, Tron (TRX) has seen some exciting developments. Most notably, Tron DAO announced that its TVL surpassed the $21.6B mark. This is a major achievement as it shows the level of interest that traders have for this DeFi project.
Amidst this positive Tron news, its crypto's value has also risen. For instance, the Tron crypto value grew from $0.125 to $0.129 in the past seven days. Its market cap jumped from $11.03B to $11.36B in that period. Furthermore, 27 technical indicators are showing buy signals for this altcoin. Thus, market analysts predict a surge to $0.16 for TRX within Q2 of 2024.
Investors are intrigued by Everlodge (ELDG) for a few reasons. The DeFi project has delivered 190% ROI for early investors. Essentially, Everlodge allows users to own real estate properties by minting them into NFTs which are then fractionalized. So, anyone can co-own and profit from high-end villas no matter their cost – the entry point is as low as $100.
Another bonus is ELDG's safety precautions. For example, in order to ensure market stability and protect investors from sudden crashes, Everlodge recently announced it locked liquidity for two years.
The ELDG token originally cost $0.01 in its crypto ICO event; it was last priced at $0.029 before going live on Uniswap. Holding this token is vital if you wish to obtain trading fee discounts or access to the Everlodge private members club. Now that it's listed on Uniswap with more exchanges coming soon, Everlodge looks like a force to be reckoned with in the DeFi market.
As a cryptocurrency, Everlodge is at the center of a significant opportunity. Its market cap weighs in at $23.2M. That may not sound huge, but this is an advantage compared to Polkadot and Tron. To clarify, Everlodge won't need many new funds for its value to skyrocket. This could also mean quick returns for you, too, if you get in on this altcoin early enough.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
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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.