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Whales have picked their Polygon and Ethereum to give gains in the Christmas period in December. Meanwhile, a new token called Everlodge has shaken the crypto market as it stole the spotlight. Everlodge is an upcoming real estate project that would democratize access to real estate properties.
Summary
Polygon (MATIC) Price Prediction
Polygon (MATIC), a Layer 2 blockchain, has achieved notable success in the cryptocurrency market. The unveiling of Polygon 2.0 marked a significant step forward, offering boundless scalability and seamless liquidity.
According to CoinMarketCap, the Polygon MATIC price has remained between the $0.733600-$0.934797 price level in the past week. Interestingly, its technical indicators are bullish. The Polygon price is currently valued above the 50 and 200-day EMAs, a sign that bulls were still in charge.
Polygon coin has recorded 18 out of 30 (60 green days with 13.98% price volatility over the last 30 days. According to analysts’ Polygon price prediction, Polygon crypto is forecasted to rise 27.74% and reach $0.961819.
Ethereum (ETH) Network Activity Surges
The crypto market has witnessed a rise in Ethereum (ETH) activity. This is seen through the creation of new wallets and the increased holdings of major investors. Data from Santiment on Tuesday revealed a significant rise in Ethereum network activity.
Around 94,700 new wallets were registered as the Ethereum price crossed $2,000. This level of activity has not been seen since the price highs of May 2022. Additionally, Santiment’s data showed that the top 200 Ethereum wallets have accumulated more than $124 billion worth of ETH.
Ethereum crypto is vying to reach $2,200. Meanwhile, traders have kept a close eye on the potential approval of Bitcoin ETFs. These approvals could push the price of Ethereum to new highs in the coming months.
Everlodge (ELDG) Shows Potential for More Gains in December
Everlodge (ELDG) has shown positive signs for December. Analysts believed that its usage of NFTs and smart contracts would boost its potential. Everlodge is aimed at changing how people own real estate. You no longer need large funds to own a fancy beachfront vacation home anymore.
To achieve this, Everlodge would turn these properties into digital NFTs. The aim is to democratize access to these properties. With just $100, more people can own a percentage share in such properties.
People can now invest in properties all over the world, such as a luxurious Tokyo hotel or a Miami mansion, thanks to Everlodge’s marketplace. One lucky early ELDG token buyer may even win a vacation to the Maldives.
Currently, one ELDG token costs just $0.025, and Everlodge has entered stage seven of its presale. A 150% return on investment was enjoyed by the original investors. Experts have predicted more gains with ELDG soaring to $0.038 before the presale concluded. They cited Everlodge’s low market cap and strong connections to the real estate market as catalysts for price gains.
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