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The crypto market is nearing another bull market and investors have high hopes for Dogecoin, BNB, and Everlodge. Crypto analysts have predicted a DOGE rally to $1 while BNB breaks above the $220 resistance. Meanwhile, Everlodge's transformative impact on real estate investment is being felt in the crypto market.
Dogecoin launched in 2013 and rallied to an all-time high (ATH) of $0.7376 on May 8, 2021. Since then, the price of Dogecoin has been on a decline, reaching $0.0580 in October. With the crypto market preparing to enter another bull cycle, the price of DOGE has rallied to $0.06404.
With this recent price increase, AngeloBTC, a famous crypto trader has predicted that the Dogecoin price could reach $1 soon. If this prediction stands, then DOGE could set a new ATH in the next bull cycle.
This prediction comes amidst the growing popularity of Dogecoin. Also, DOGE has been enjoying support from Elon Musk. With DOGE forecasted to play a part in the X Everything app, the meme coin has been projected to rally.
After months of decline, the Binance Coin (BNB) has seen some uptrend. Along with Dogecoin and the rest of the crypto market, the price of the BNB coin has increased above the $220 mark. As a result, the altcoin reached its highest point for the first time since September 1, 2023.
With this price increase, crypto analysts are bullish about the future of the BNB token. The MACD indicator displayed a clear bullish signal for the token. In addition, the Chaikin Money Flow (CMF) and Money Flow Index (MFI) of BNB were above the neutral mark.
These hints that the recent uptrend of BNB could continue in the coming days. If the altcoin manages to rally above the $225 resistance in the coming days, it could set the stage for a rally. If this happens, then BNB could increase to $240-$250 in the coming days.
Everlodge has been another source of excitement in the crypto industry. This is because this new project is launching in the $280 trillion real estate industry. Not only is Everlodge launching in this massive industry, it is introducing a hybrid shared ownership model, that could transform how we invest in properties.
The vision of the Everlodge marketplace is to remove the barrier to entry into the vacation rental industry. While traditional timeshares require at least $20,000 from investors, Everlodge reduces it to just $100. Everlodge will team up with luxury home builders and hotel chains to list properties on its marketplace.
After picking properties, their title deeds and ownership details will be minted as fractional NFTs. Each fraction of the NFT will represent a share of the property. By listing fractions low as $100, Everlodge looks to open the gates of real estate to every investor.
Because of this, market experts have predicted that this project has the prospect of bringing hundreds of thousands into the vacation rental industry. As a result, there are very bullish predictions about its utility token, ELDG. Some experts have predicted that the ELDG value could jump from $0.023 to $0.35 by the end of the year.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
