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The price charts of several crypto coins in the market are constantly changing. However, by studying the price trends, one can predict what price turn a token will take in the future. That is why this article analyzes the price charts of Solana (SOL), Caspar (CSPR), and Everlodge (ELDG) to ascertain which coin will be among the best cryptos to invest in Q1 of 2024.
Summary
More Investors Join Everlodge (ELDG) as Project Introduces New Features
The potential of Everlodge (ELDG) is recording massive growth as investors discover the project’s growing popularity and reputation. Following a recent announcement by Everlodge to introduce $ELDG staking, the project presale has experienced a massive influx of investors.
Everlodge is a property investment marketplace that makes investing in luxury property assets affordable and secure. Everlodge uses blockchain technology to create fractionalized NFTs that are backed by real-world luxury properties. As such, investors who buy these NFTs will own a fraction of the luxury assets that these NFTs represent. All records of ownership are stored in smart contracts on the blockchain.
The Everlodge native token, ELDG, has grown in popularity, making crypto experts add it as one of the best cryptos to invest in in the first quarter of 2024. Having already sold up to 20 million ELDG tokens, more investors are joining the project. While currently at stage 9 of the presale, crypto experts are tipping the ELDG token to gain over 280% in price value before the end of its presale and a further 30x on launch. At the current price of $0.029, ELDG represents a good investment alternative with high growth potential.
The Everlodge project is a safe investment option having already passed both smart contracts audit and KYC verification audits from Interfi Network and Block Audit teams. Moreover, the liquidity of the ELDG token will be locked for eight years to prevent a rug-pull scenario. Overall, Everlodge’s trajectory puts it ahead of Solana and Casper tokens as one of the best crypto investment alternatives in 2024.
Solana (SOL) Records Significant Price Decline
Solana (SOL) is currently on a run of bearish sentiments as price charts from CoinMarketCap show the token lost over 13% in price value within the last week. Having reached a year-long peak of $121 last Christmas, the Solana price chart shows that the token has gone on to lose over 26% within that time frame.Â
However, Solana trading volume is on a healthy average growth of 30% on a day-to-day basis. As such, Solana may see a price resurgence before the end of January, making it one of the top cryptos to add to your portfolio at the moment.
Casper (CSPR) Losing Price Value a Concern for Investors
Casper (CSPR) is witnessing a price decline, which has left investors worried about the future of the token. For context, Casper has lost over 11% of its price value within the last week, according to data collected from CoinMarketCap. Having started 2024 with high momentum, Casper has fallen off in a move that may be a sign of an extended bearishness.
While Casper trading volume is still on the positive side, it has reduced from 40% to under 20% average day-to-day growth. On the current trajectory, Casper price might decline further while pushing the token deeper into the bear market. But with speculations of a bull run coming soon, the token might witness a turnaround soon.
 *This article was paid for. Cryptonomist did not write the article or test the platform.
