Popular Analyst Shares Bitcoin’s Next Price Target! Stacks Rises 408% and Everlodge Stands Out as a High-Performing ICO

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Cryptocurrency trader and analyst Michaël van de Poppe took to X (Twitter) to share a price prediction that could lead to an increase in the value of Bitcoin (BTC) following its latest price movements. Stacks (STX) saw a huge increase in the number of transactions during the Ordinals records event, with its value rising 87% last month and 408% last year.

Everlodge (ELDG) is making significant progress with its crypto ICO and is claimed to be among the best performers. Today, we will look at the price performance of each cryptocurrency, how high they can rise, and the company that sponsors the coins that may have a future today.

Bitcoin (BTC) Could Rise to $50,000 According to Michaël Van De Poppe

Bitcoin (BTC) initially surpassed $40,000, but its value has since plateaued. Michaël van de Poppe joins X to discuss future price performance shared a post and now Bitcoin is testing lower levels and not picking up liquidity below its lows.

The analyst predicts that the correction is over and the leading cryptocurrency is ready to test $47,000 or even $50,000. Over the past week, Bitcoin has traded between $40,720.05 and $43,327.20 and must overcome the $47,000 price barrier to reach new highs.

The total price increase of the cryptocurrency Bitcoin last year was 155%. According to Bitcoin price prediction, it could start worth $63,380.18 in 2024 if it breaks the $47,000 barrier.

Stacks (STX) Up 408% – A Possibility Rise to $1.51 in 2024

According to data obtained by the Stacks (STX) explorer, it was revealed that the network contained a total of 10,371 transactions within block 132,377 on December 18. Afterwards, it recorded 8,000 transactions in one block. Stacks noted that the project brings Ordinals closer, pointing out that the network is experiencing increased fees and possible congestion.

But over the past week, Stacks has traded between $0.881452 and $1.28. The cryptocurrency’s total price increase was 408% last year and 87% last month. According to Stacks price prediction, it could reach $1.51 in 2024.

Everlodge (ELDG) Becomes a Top Performer with Crypto ICO

According to the project team, Everlodge (ELDG) is an upcoming platform in the crypto ICO phase that is expected to grow further, with the potential to completely change the way it interacts with the real estate market.

If the project can be successful, across the platform, luxury villas and hotels are being converted into NFTs. They are then broken into smaller pieces, and as a result, anyone can buy a single piece, starting with $100. As property value increases, the price of each NFT will increase with it.

If it is a rental property, owners can access passive income every time there is a rental. For example, if a luxury villa is worth $5,000,000, it can be divided into 50,000 lots. This way, anyone can own a single property or make a partial investment by taking shares in multiple properties.

Conclusion

Besides Bitcoin and Stacks, another cryptocurrency that could see a price increase is Everlodge, according to its team. In Phase 8 of its presale, the ELDG token is trading at just $0.027. In Phase 9, its price will reach $0.029 and with its current momentum, large ecosystem and high token usage, analysts are predicting a 100x increase at launch.

Click to review the Everlodge token.

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