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There was a price increase in the crypto market as the Federal Reserve signaled a potential interest rate cut. As a result, one analyst predicted a bull market for Ethereum, predicting the price would reach $5,000 by the beginning of 2025.
Meanwhile, Polygon and Everlodge, which is a new project and it is unclear whether it will be successful, also benefited from the bullish sentiment in the crypto market. But Everlodge has shown more potential with the integration of artificial intelligence into its platform.
Ethereum (ETH) to $5,000, FieryTrading
Ethereum (ETH) has demonstrated its strength as the largest altcoin by recovering from the severe market crash in 2022. Some analysts believe this is just the beginning of an upward trend. Others are predicting a potential rise to all-time highs above $4,800.
One such analyst is FieryTrading on TradingView. FieryTrading predicted that the Ethereum cryptocurrency could reach around $5,000 by early 2025, pointing to a long-term positive pattern.
He argued that breaking this pattern could lead to significant gains in the Ethereum crypto price. This could trigger buying by traders who set stop losses on short-term trades.
While many traders await Ethereum’s bullish price prediction, others have turned their attention to Meme coins.
Polygon (MATIC) Added to OKX’s Earnings Product
OKX, a leading cryptocurrency exchange and Web3 technology company, recently included Polygon’s token in its On-Chain Earning feature. This will allow users to earn rewards by participating in Proof-of-Stake (PoS) staking and DeFi products.
As a result, users can now stake their Polygon crypto and start earning rewards and generating passive income.
This news comes at a time when crypto whales are increasingly dumping Polygon MATIC. Data from Lookonchain recorded two large transactions of $217 million $MATIC ($162 million) and $20 million MATIC ($14.86 million).
On the weekly chart, Polygon crypto price is stable between $0.729539 and $0.791176, according to CoinMarketCap. Analysts Polygon price prediction predicts that the Polygon coin will increase by 27.87% to $0.980657.
Everlodge (ELDG) Launches Artificial Intelligence to Make Real Estate Investing Easier
The first platform to incorporate AI into the Web3 real estate marketplace is Everlodge (ELDG). Everlodge will use artificial intelligence to track and analyze real estate values in various locations globally.
Integrated AI tools also enable the platform to provide up-to-date snapshots of property values in such locations. Additionally, this method can be used as a forecasting tool to find undervalued markets.
Real estate investors may find untapped opportunities. For example, two years ago the artificial intelligence system at Everlodge may have predicted that Dubai would turn into a real estate powerhouse. These real estate assets will be converted into NFTs by Everlodge.
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This approach aims to make property ownership more accessible in the real estate sector. Everlodge’s main goal has been to expand access to real estate. Another key advantage of Everlodge is that ELDG tokens can be staked to earn rewards, just like Polygon.
Meanwhile, the Everlodge platform has launched a Christmas Meme Contest that will end on December 4th. Investors can create festive memes that embody the spirit of Everlodge and post on X while tagging Everlodge.
There are attractive prizes for winners, including $500 ELDG for first place and $300 ELDG for second place. The third place winner will receive $200 ELDG. Do your detailed research before investing!
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