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2023 is over, investors are starting to focus on the next year 2024 and many people are looking for various investment opportunities, especially in the crypto space. In this period when the altcoin season is still in full swing, attention is paid to high-performing digital assets. According to the sponsored content sender, Ethereum (ETH), Chainlink (LINK), which has shown remarkable performance in recent months, and Everlodge (ELGD), whose new project future is uncertain, are claimed as the prominent altcoins that should be followed closely. Take a closer look at these exciting investment possibilities.
BitMex Co-Founder Trusts Ethereum (ETH)
BitMex co-founder Arthur Hayes shared that he made a bold move to Ethereum (ETH). Despite Solana’s (SOL) impressive performance in the market, Hayes chose to sell his SOL shares and direct his resources to Ethereum (ETH). published on X in the article Hayes expressed his inspiration to back Vitalik Buterin’s Ethereum in light of the rise in SOL prices.
Hayes not only made the switch, but also made a bold prediction, predicting that the Ethereum price would reach $5,000. In the first and second quarters of 2023, Bitcoin (BTC) attracted significant institutional interest thanks to an increase in spot ETC applications. In contrast, Ethereum struggled with slower numbers through Q3 despite excitement over its futures ETF.
Still, Ethereum’s recent performance may be in line with Hayes’ positive view. In early December 2023, the price of Ethereum surged to over $2,100.
Chainlink Staking v0.2 Reached More than 11 Million Tokens
Leading decentralized oracle network Chainlink (LINK) has introduced a major update to its Staking protocol and it is called Staking v0.2. This launch caused a great deal of activity, with over 11 million Chainlink tokens staked within 30 minutes of going live alone.
This excitement around Staking v0.2 reflects a strong belief in Chainlink’s potential growth. Chainlink’s price has lagged behind market leaders such as Bitcoin and Solana. With an increase of just 7.95% in the last 30 days, it lags compared to overall market trends.
Everlodge (ELDG) Initially Expected to Rise 10X
Everlodge (ELDG), an emerging player in the DeFi market, aims to revolutionize real estate ownership by converting properties such as vacation homes and hotels into fractional NFTs. This unique approach allows investors to acquire these properties at a low cost, where NFTs are directly linked to undervalued properties.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
According to the project team, the Platform aims to turn vacation properties into fractional NFT items, making it affordable for all investors to acquire property, regardless of their financial situation. Additionally, it is stated that you can use these NFTs as collateral for loans and the proceeds can be staked in the liquidity pool of the ecosystem.
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ELDG, the native cryptocurrency of the platform, which is currently in the eighth stage of pre-sale, is priced at 0.027. According to the project team, Everlodge is among the crypto investments to watch in 2024. They estimate that it has a 10x initial upside potential, which is uncertain and may fail.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
According to the team, Ethereum, Chainlink, and the uncertain future Everlodge stand out with the possibility of future returns and can present themselves as options as cryptocurrencies that can be examined when looking for crypto investments to add to your portfolio.
For further context, Ethereum’s enduring prominence within the crypto community is increasing its value and appeal, with Chainlink’s innovative solutions having the potential to push its prices to new highs, while Everlodge’s practical use is being considered as the altcoin to follow if it can stay loyal to its team.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Click to review the Everlodge token.