KuCoin Settles With New York Attorney General, Crypto Rand Bullish on Algorand Despite Dip, Everlodge to Disrupt $4.548T Market

Algorand (ALGO) recently saw a pause in its growth, but analysts project that this is necessary, to allow the market to gather strength for a future move upwards. KuCoin (KCS) recently settled with the New York Attorney General's office. As part of the settlement, the exchange has agreed to exit the New York market and pay $22 million in fines. Despite this, its value has gone upwards. Everlodge (ELDG) has gained significant attention, as it tackles key issues in the $4.548 trillion global hospitality industry. Today, we will go over its price performance to see how far it can rise. 

KuCoin (KCS) Settles for $22 Million – Price to Reach $19.06 in 2024

KuCoin (KCS) was recently in the spotlight, following its settlement with the New York Attorney General's office. The Exchange will refund around 150,000 New York customers using $16.7 million of that total sum, and $5 million will go directly to the state.

Despite this, the value of the KuCoin crypto saw a massive upswing, as it grew by 75% in the past 30 days. During the past week alone, the KuCoin price moved up from $9.59 to $14.15. Now, the on-chart data is bullish, and the crypto showcases no signs of stopping. According to the KuCoin price prediction, it can reach $19.06 in 2024.

Algorand (ALGO) Dips to $0.19 – Can Reach $0.3565 Next Year

Algorand (ALGO) has recently seen a price correction, as it dipped during the past week. Yet, analysts are convinced that this is a necessary pause for the crypto ,that will allow it to gather strength for a future upwards momentum. One such analyst is Crypto Rand, who commented on Algorand. 

Going over the Algorand weekly price performance, its low point was at $0.183393, while its high point was at a value of $0.216892. The current market cap for the crypto is at $1,612,685,909, placing it as the 49st largest. According to the Algorand price prediction, it can reach $0.3565 next year.

Everlodge (ELDG) to Disrupt $4.548 Trillion Global Hospitality Industry

Everlodge (ELDG) is an upcoming real estate marketplace that can completely change the way people invest in the $4.548 trillion global hospitality industry and real estate market. It will combine blockchain technology with AI tools to make this a possibility.

Traditionally, getting access to these industries was difficult as these properties cost millions of dollars that need to be paid upfront. Everlodge will change this by introducing blockchain technology. 

Properties can be minted as NFTs, and are then fractionalized into smaller pieces. Each one of these fractions is worth just $100. This way anyone can diversify their holdings. Holders of fractions retain all of the benefits of property ownership, and these benefits include value appreciation and passive income from rentals. 

There is even an AI tool that will scan the global property prices across all territories. By doing so, it can provide traders with locations that have massive value appreciation potential, and as a result can help them make the most efficient diversification strategies. As a result, it's seen as one of the most promising new DeFi projects.

Summary

Algorand is in a price correction period, and KuCoin is heading upwards in value. Yet, traders are turning their attention to Everlodge.  The project is undergoing the cryptocurrency ICO phase and has experienced massive momentum. During Stage 8, its ELDG, the native crypto used for staking and governance, is offered at just $0.027. At launch, analysts are projecting an upswing of 100x, making it the best crypto to invest in now.

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