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Crypto experts are always on the lookout for coins that are performing well in the market. Three tokens that have caught the attention of experts in the first half of 2023 are Uniswap, Mantle, and Everlodge. Meanwhile, experts have forecasted that these cryptocurrencies could see massive gains and rule the crypto space in Q4 2023.
Summary
Dirham-Backed Stablecoin Launches on Uniswap (UNI)
Uniswap (UNI) is the biggest decentralized exchange (DEX) working on the Ethereum blockchain. It enables people worldwide to trade cryptocurrencies without a middleman. UNI serves as the governance token of the Uniswap exchange.
UNI allows its holders to participate in voting for important protocol changes. Earlier in February, the Uniswap exchange overtook Coinbase’s trading volume soaring past $1.4 billion. In October, Distributed Technologies Research launched DRAM, a dirham-backed stablecoin on Uniswap.
The stablecoin aims to tap into the performance of the United Arab Emirates’ fiat currency. Unfortunately, Uniswap price has not improved from its $4.35 range. However, analysts see bulls maintaining the price rally and pushing the price of Uniswap to $5.15 in 2023.
Stargate Finance on To Deploy on the Mantle Network (MNT)
Mantle (MNT) is an Ethereum Virtual Machine (EVM)-compatible L2 scaling solution that uses Optimistic rollups to conduct fast and cheap transactions. In July 2023, Mantle became a hot topic in the crypto world. The L2 scaling solution launched its mainnet and introduced its MNT token.
Consequently, the token’s price climbed the price charts reaching an all-time high of $0.594. Interestingly, Mantle has sealed several partnerships, launches, and developments in 2023. On October 3, Mantle announced that @StargateFinance, a liquidity transport protocol will deploy on the Mantle network.
Mantle revealed that it has added two new protocols (Symbiosis and CryptoRubic) for bridging to and from the Mantle Network. Currently, the price of the Mantle coin is trading at $0.5187. Analysts forecast a major recovery for MNT price in Q4 2023.
Everlodge (ELDG) To Rival Uniswap and Mantle for Top Spot in 2023
According to recent data, the global real estate market is valued at a massive $280 trillion. However, only a few individuals have the capital to buy luxury properties like hotels and villas. Everlodge is here to make luxury properties and real estate available to more people.
The platform will achieve this using blockchain technology and NFT fractionalization. Instead of buying the whole property, investors can buy small parts of it as fractional NFTs. Also, individuals can make money by renting these digital properties or using them as collateral for loans on the Everlodge platform. This way, both people with less and more money can own high-value properties.
Regarding safety and trust, Block Audit and InterFi Network have carefully audited Everlodge’s smart contract. They have confirmed that the platform is completely safe, which is good news for potential investors.
One other interesting part of the Everlodge ecosystem is the ELDG token. This is the platform’s native token and is used for transactions. Currently, Everlodge is at the presale stage and each ELDG token costs $0.025. Interestingly, experts are optimistic about Everlodge’s performance in Q4 2023. They believe that Everlodge’s value will increase by 20x in Q4 2023.
*This article was paid for Cryptonomist did not write the article or test the platform.
