Microsoft AI has announced its top three crypto predictions and they are Ethereum (ETH), Filecoin (FIL), and Everlodge (ELDG). According to him, these tokens indicate positive market trends, adoption rates and technological advancements. So, if you’re looking for the next big crypto opportunity, read on to find out what makes these tokens attractive.
- Ethereum open positions are on the rise
- Filecoin partners with Brave
- Everlodge will solve the real estate market’s long-standing problems
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Ethereum (ETH): Open Interest Rising
Microsoft AI’s selection of Ethereum (ETH) as the top token for the coming year is in line with the growing interest and activity surrounding this leading blockchain platform. In recent Ethereum news, data shows that interest in derivatives has increased, with open interest rising by an impressive 4.1% to $5 billion on September 25.
Additionally, the trading volume of Ethereum derivatives increased by a significant 332% to $10.35 billion. This increase in derivative activity demonstrates the importance of Ethereum in the crypto ecosystem and underscores its importance not only to developers but also to traders and investors.
Market analysts are currently watching Ethereum closely. They predict that the Ethereum price will range from $2,048.41 to $2,335.71 in the fourth quarter of 2023.
Filecoin (FIL): New Partnership with Brave
Filecoin (FIL) is another top token chosen by Microsoft AI. This choice is supported by the Brave browser’s involvement in a high-profile partnership to improve its privacy features.
To clarify, the Filecoin Foundation, in collaboration with Zcash developer Electric Coin Company (ECC), is preparing to introduce innovative privacy features.
These features will leverage the protected transactions of the Zcash protocol for enhanced privacy and security. Additionally, the partnership will further leverage the power of Filecoin’s InterPlanetary File System (IPFS) to enhance the decentralized nature of the Brave browser.
According to Microsoft AI, this strategic collaboration positions Filecoin as a critical player in the development of privacy-focused technologies. Regarding price predictions, market analysts are closely monitoring its potential and predict that Filecoin price will reach $5.46 by December 2023.
Everlodge (ELDG): Transforming Real Estate with Blockchain
Everlodge (ELDG), the rising star of the crypto world, also aroused the curiosity of Microsoft AI. This groundbreaking real estate market aims to revolutionize the real estate market. Everlodge aims to solve long-standing problems such as transparency, liquidity and accessibility in the real estate industry by leveraging blockchain technology.
For example, traditional real estate investing is generally reserved for the wealthy due to high entry costs. Everlodge eliminates this obstacle by allowing partial ownership of properties. By digitizing hotels and villas and minting them as NFTs, investors can purchase a small portion of the properties, thus making real estate investment accessible.
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Additionally, the Everlodge loan is a pioneering feature that makes it easier for property developers to raise capital from the community for new real estate developments. This unique approach benefits developers by providing a source of funding and opens doors for users to participate in promising projects in their early stages.
For all these reasons, Microsoft AI claims that Everlodge is the token to watch in 2023. It also has real-world ties to the $4.5 trillion hospitality industry.
The ELDG native token is currently worth only $0.019 as it is in Phase 4 of its presale. In fact, experts predict 30x pump on launch day after Tier-1 CEX listing.
Learn more about the Everlodge (ELDG) Presale
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