Dogecoin and Litecoin See Lackluster Performances? Whales Are Quietly Buying This Crypto Instead
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Few cryptocurrencies like Dogecoin (DOGE) and Litecoin (LTC) have captured the collective imagination. However, recent price performances have left investors wondering about the future of these digital assets. This article will dive into future price projections for DOGE and LTC and uncover why some crypto whales are turning their attention to Everlodge (ELDG), a rising star in the blockchain-powered real estate industry.
Dogecoin (DOGE): A Potential Surge Ahead?
Dogecoin (DOGE) has been in the spotlight recently, showing promising signs of a potential bullish run. The news of American billionaire Bill Ackman’s interest in striking a deal with Elon Musk’s X has fueled the fire.
Ackman’s involvement in the crypto world has generated speculation about potential market shifts and their effect on the Dogecoin value. Furthermore, there have been previous speculations about Musk integrating Dogecoin payments as part of his deployment of X bots.
These developments and growing interest from influential figures have investors eyeing a bullish trajectory for Dogecoin. They foresee the Dogecoin price soaring to $0.098 by December 2023.
Litecoin (LTC): Price Prediction
Litecoin (LTC) has recently been navigating a turbulent path marked by price volatility. After rebounding from its 2023 low of $58, the Litecoin value made a brief resurgence to retest the $70 mark. However, according to IntoTheBlock data, Litecoin is facing a bearish trend.
This downturn coincides with reduced trading activity by Litecoin whales following the August 2 halving event, contributing to the uncertainty surrounding the cryptocurrency’s performance.
However, experts remain bullish about Litecoin’s long-term growth potential. Looking ahead, they have offered forecasts suggesting the Litecoin price may fluctuate from $92.98 to $105.02 during the fourth quarter of 2023.
Everlodge (ELDG): Bringing Real Estate on the Blockchain
Enter Everlodge (ELDG), an upcoming property marketplace aiming to revolutionize the real estate market. Everlodge addresses many issues plaguing traditional real estate, such as lack of liquidity and high entry barriers. In its presale run, it has attracted countless individuals as it has sold millions of ELDG native tokens.
Everlodge will pioneer a groundbreaking approach to real estate by digitizing and minting luxurious properties into NFTs, which are then fractionalized. This innovative strategy holds the potential to tackle one of the most significant challenges in the real estate market: high entry costs. Therefore, Everlodge will allow investors to participate in fractional ownership.
Additionally, in the conventional banking system, acquiring loans can be hard. However, Everlodge introduces a groundbreaking concept: users who co-own properties within its marketplace can leverage their property-backed NFTs as collateral to secure short to medium-term loans.
The ELDG token is rapidly gaining momentum in the cryptocurrency market. With its relatively low market cap, it could even soar faster than Dogecoin and Litecoin. In Stage 4 of its presale, ELDG is trading at just $0.019. But, experts predict an astounding 30x rally following its official launch and Tier-1 CEX listing.