For the first time in close to two years, Bitcoin traded above $45,000, a sign that crypto experts see as a bull run in sight. Popular coins such as Filecoin (FIL) and Uniswap (UNI) have also shown signs of a bull run in sight. Meanwhile, Everlodge (ELDG), has caught the whale’s attention because of its unique features. Crypto experts have added these tokens as some of the best coins to invest in Q1 of 2024. Let’s look into the market activity of these cryptos below.
Everlodge (ELDG) Growth Potential Attracts Investors to the Project
Everlodge is one of the crypto projects that have drawn the attention of whales. While Filecoin and Uniswap have shown signs of a bull run in sight, Everlodge has also made a case for itself by coming up with lots of benefits for users. Everlodge is the world’s first project that combines fractional vacation home ownership with timeshare and NFT technology.
This means the Everlodge ecosystem will allow users to invest in hotels, vacation homes and luxury villas fractionally. These luxury assets will be minted into digital NFTs, which investors can purchase. With as little as $100, users can purchase a fraction of these digital assets. The system is transparent, as all information will be stored inside the metadata of the smart contract.
The platform comes with many features, such as a marketplace, a launch pad, a rewarding club and a lending platform. All transactions will be done with the Everlodge utility token, ELDG, an erc20 token built on the Ethereum blockchain.
The ELDG token is currently in the 9th stage of presale and has seen an astonishing 190% growth so far. The token is currently sold for $0.029. Crypto experts have projected a 280% rise in the token value before the end of presale and a 30x rise on launch.
In terms of security, an independent firm has audited the smart contract and the KYC is completed. The Everlodge tokens liquidity will be locked for 8 years and the team token for 2 years. With these amazing features, ELDG remains the best cryptocurrency to buy now
For more information about the Everlodge (ELDG) Presale, visit their website.
Experts Project 5% ROI for Filecoin in Q1 of 2024
Filecoin is a decentralized storage system that aims to store data in a decentralized manner. Based on CoinMarketCap data, the Filecoin price has dropped by over 20% in the last 30 days which experts attribute to the recent market downturn. A look at the Filecoin technical indicators also shows that the bullish market has a slight 58% advantage, with the Fear and Greed Index displaying a score of 46 (Greed).
The technical analysis also shows that the green lines are active, which signals a bull run coming soon. With the speculations of a bull run in the year, Crypto analysts project a 5% ROI before the end of Q1 of 2024, making Filecoin one of the best cryptos to buy for short and long-term gains.
Will the Uniswap (UNI) Price Continue Descending?
Uniswap was among the tokens that benefitted from last month’s rally, which saw the token trade above $8 for the first time in over a year. However, the recent crypto market downturn has pushed the price downwards. But will the Uniswap price continue descending?
The Uniswap price chart from CoinMarketCap shows that the green lines are active with the price curve tilting upwards. The Uniswap trading volume and market cap are slightly on the decline. But that has not changed the minds of crypto experts who see the coin as one of the best coins to invest in the year. With the market bouncing back, Uniswap might rally soon.
