As the DeFi market regains momentum in the broader market, some DeFi-based tokens have started drawing the attention of investors. Beam (BEAM) and Aave (AAVE) have experienced huge rallies in the past weeks, fueling speculation that they may continue the momentum going into the bull run. Meanwhile, after the surging momentum occasioned by the listing of the token in Uniswap, crypto experts have picked Everlodge (ELDG) as one of the best DeFi projects in the market. Analysts have projected a 30x rally when the project is launched. More details below.
Everlodge (ELDG) Sees More Investors Inflow As Token Hits Uniswap
While Beam and Aave may have been tipped to rally, they are not likely to surge as high as Everlodge. Everlodge’s compelling use case in the crypto market makes it an attractive prospect with investors trooping in to accumulate the ELDG token ahead of the anticipated bull run.
With the criteria for entry into the real estate industry needing huge amounts of funds, Everlodge will open up the industry to everyday investors. The platform will do this through fractional ownership of real estate properties. Physical real estate properties such as luxurious homes and villas will be minted into digital NFTs, which will be made available for purchase at a relatively low price of as little as $100.
As the platform promised, Everlodge is now listed on Uniswap. Those who joined the project in the early stage of the presale have enjoyed a significant ROI of over 190%. As the token continues its surging momentum, analysts predict a higher ROI before launch. There is news that the platform will soon list the token on major Tier 1 exchanges to further cement its status as one of the top cryptos in the market. This makes now the best time to invest in the project at a very good price point.
With the real estate market estimated to be worth $280 Trillion, an investment in Everlodge could be massive in the foreseeable future. As such, analysts rate Everlodge as one of the best DeFi projects and predict a further 290% ROI before the end of Q1 and a 30x return before the end of 2024.
Beam (BEAM) Continued to Rise with Another 19.18% Monthly Increase
Beam was one of the top-performing DeFi coins in 2023, rising by 134.45% in the 90-day trading charts. The token continued the bullish pattern in 2024, resulting in an all-time high price of $0.03156 on Feb. 15, 2024. However, Beam has suffered a setback in the trading volume over the past few weeks.
Despite this, analysts are upbeat about the prospect of Beam. The token went from a $390 million market cap in December to $1.6 billion in the past week which indicates the dominance of the crypto in the market. Analysts believe that if the market continues to witness an uptrend, the Beam price could reach $0.1 before the end of 2024.
Can Aave (AAVE) Hit $100 in the Q1 of 2023?
Aave (AAVE) has been battling the bear market in recent times after posting a loss of 7% in the past month. The Aave trading volume has also suffered the heightened influence of the bear pressure in the last few weeks as the token aims to reach the next resistance level of $95.
However, Aave Bulls are fighting to save the token as seen from the 6% increase in the token price in the past 7 days. Going forward, analysts expect Aave price to mount a serious challenge at the $100 price point, that is, if it breaks out of the $95 next resistance level.
For more information about Everlodge (ELDG) please visit their website.
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