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The Bitcoin rally shows no signs of slowing down, creating a bullish atmosphere in the crypto market where numerous cryptocurrencies are experiencing positive growth. Following suit, Ethereum has also reached new annual highs, adding to the excitement.
Meanwhile, on the real estate side of things, Everlodge is rewriting the narrative with its groundbreaking approach to real estate investment, capturing the attention of investors while revolutionizing the industry. So, why are these projects labeled as the best crypto investments for 2024?
Summary
Bitcoin (BTC) Breaks 45K Barrier as It Sets Eyes on 50K
Bitcoin (BTC) has remained in the spotlight for several weeks and is still counting. While the reason for the sudden but steady spike in BTC price can be attributed to various factors, many experts believe that the upcoming Bitcoin halving is a significant contributing factor.
Additionally, there have been speculations surrounding the potential launch of a Bitcoin ETF in the first quarter of 2024. This development has further fueled the ongoing rally of Bitcoin, creating a ripple effect that extends throughout the entire cryptocurrency market.
In the past week alone, BTC price have surged by nearly 8%, with the most recent price hovering around $45,700 from about $42,000 that was recorded earlier in the week. While this upward momentum shows no signs of slowing down, it is anticipated that Bitcoin will soon surpass the $50,000 mark once again, a level it last reached in December 2021.
Ethereum (ETH) Revisits the $2,400 Threshold Once Again, Builds Upward Pressure
Ethereum (ETH) has once again exceeded the $2,400 mark for the second time within the last week. On December 28, the ETH price reached a peak of $2,435, a level it had last attained in July 2022. Despite this achievement, the price experienced notable fluctuations and dipped to around the $2,275 range.
This volatility subsequently raised skepticism among investors and analysts about the likelihood of Ethereum surpassing the $2,500 threshold by the end of 2023. While Ethereum has not yet reached the predicted $2,500 mark, as forecasted by experts like Ali Martinez in a recent post, the cryptocurrency has managed to climb above $2,400 once again.
This resurgence suggests the potential for Ethereum to continue on an upward trajectory towards surpassing the $2,500 mark soon.
Everlodge Captivates Investors with Its Revolutionary Real Estate Investment Approach
There has been a growing interest in new crypto projects this period, and one that has managed to gain the attention of many is Everlodge. Being the world’s first company that combines fractional vacation home ownership, with timeshare and NFT technology, Everlodge is redefining property ownership for real estate investors.
With the help of Everlodge, a potential user can buy holiday homes with cryptocurrency within seconds. But that’s not even the best part; users of this platform do not need to break the bank to own real estate properties as they only have to pay for a fraction of the same to be a co-owner.
Essentially, this platform will mint high-end villas and hotels into NFTs and then fractionalize them. Therefore, you can own a Miami hotel on the blockchain for just $100. This novel approach to acquiring real estate properties distinguishes Everlodge from other projects like Decentraland whose property values are not tied to real-world properties.
Another thrilling part of this project is with respect to documentation; all of the titles, deeds and ownership details are stored inside the metadata of a smart contract. This process ensures that each fractional owner of a property has a detailed legal backing for their acquisition which makes transfer of ownership less stressful compared to conventional means.
At the centre of this innovation is the Everlodge native token – $ELDG which powers the Everlodge platform and its vast ecosystem. Beyond offering purchasing power within the ecosystem, the ELDG token can also be staked for long-term rewards, as well as to participate in the governing processes within the ecosystem.
Currently, Everlodge’s crypto ICO event has proceeded to Stage 9, where the ELDG is now selling for $0.029. At its current price, the ELDG token has already provided early buyers with a 170% ROI with more upsurge expected ahead of the official launch.
So far, the token has demonstrated substantial potential for impressive returns, not to mention that experts forecast a remarkable 30x rally on launch day, further solidifying its position among the best crypto investments for crypto enthusiasts.
*This article was paid for. Cryptonomist did not write the article or test the platform.
