Crypto analysts are bullish on the future of both the Polygon (MATIC) and Chainlink (LINK) cryptocurrencies, and as a result, both of them are picking up a lot of attention from traders and investors.
Yet, another crypto that is dominating the charts with its crypto ICO is Everlodge (ELDG) as it introduces a unique approach to real estate investing We will go over both projects to see just how far they can rise in the upcoming months and see why they are the best coins to invest in.
Chainlink (LINK) to Climb Above $100 Based on Analyst Projections
Chainlink (LINK) could soon see a major upswing and “shock the crypto world,” according to popular crypto analyst Lark Davis. The analyst pointed towards an optimistic forecast for the Chainlink network. He acknowledged the inherent risks of investing in cryptocurrencies but disclosed how he owns a significant amount of LINK.
The analyst projects that Chainlink remains undervalued relative to its technology and partnerships. The analyst cited growing interest in LINK from institutional investors, evidenced by the Grayscale Trust Trading at premiums over 200% to the spot LINK price. According to the Chainlink price prediction, it can surge to $126.05 in 2024.
Polygon (MATIC) Sees Massive Whale Attention – Price to Reach $1.53
Polygon (MATIC) is heading in a bullish direction, and crypto analyst Ali Martinez pointed out how whales showcased a notable surge in activity on its network. The relevant indicator is the whale transaction count, which is responsible for keeping track of the total number of Polygon transfers of the blockchain that exceeds a value of $100,000.
When the value of this metric is high, it is indicative of a large number of transactions taking place, and this trend is a sign that whales are actively interested in trading the Polygon crypto. As a result, we could soon be on the brink of a major move in its price. Based on the Polygon price prediction, it can surge to $1.53 by 2024.
Everlodge (ELDG) Is Poised to Grow After Disrupting $4.548T Market
Everlodge (ELDG) is getting attention as it can completely disrupt the $4.548 trillion global hospitality industry. Historically, those who wanted to gain access to this industry were blocked by the major financial barrier of entry.
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Browsing through properties, traders would quickly find that most properties can cost millions of dollars in upfront capital. Yet, Everlodge is built to disrupt this approach through the introduction of Non-Fungible Tokens (NFTs) in the industry.
The platform will mint each property as an NFT, and will then fractionalize it into smaller pieces. Each piece is worth just $100, and as a result, anyone will be able to afford it. Not only this, but properties can also provide value, as when they grow in value, the fractions owned by traders rise alongside them. If the property gets rented out, holders of the fractions will receive fixed passive income. There will even be a dedicated Rewards Club where anyone can get free nightly stays, and if they do not want to use them, they can resell them for additional capital gains.
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— Everlodge (@EverlodgeHQ) December 11, 2023
Everlodge will also introduce an AI tool that can monitor and scan all property prices in all territories. By doing so, users can access up-to-date snapshots in a specific region at a specific time. It can be used as a predictor for undervalued markets as a result.
While Chainlink and Polygon’s future is bullish, Everlodge can experience the most significant growth. During Stage 8 of the presale, ELDG is offered at just $0.027. At launch, analysts project an upswing of 100x fueled by the overall appeal of the ecosystem and rally in the market. These aspects make it one of the best coins to invest in.