Polygon (MATIC) and ApeCoin (APE) recently saw a dip in their value, and although their prices have been underwhelming, there is speculation that they might experience an upswing. However, analysts are also bullish on the future of Everlodge (ELDG) as they project a pump of 20x. In this article, we explore the market opportunities for investors looking to diversify their portfolio.
Summary
- Polygon to reach $0.87 by the end of the year
- ApeCoin to spike to $2.32 by the end of 2023
- Everlodge can spike by 20x at launch
Join the Everlodge presale and win a luxury holiday to the Maldives
Polygon (MATIC) Price Expectations
The multifunctional attributes of Polygon (MATIC) have enabled diversified uses of existing applications, including the security and safety of data transactions. As a result, Polygon can ensure accessibility, especially within Layer-2 solutions.
Moreover, the Polygon price has remained in the rearview, primarily as its network growth has declined. The number of new addresses registered on the network has been in decline, and it is retesting at its lowest level since 2021. Now, the Polygon price is around the $0.5 price range and could break below it if the current momentum is retained.
The RSI position is under the 30 level as well, signifying chances for a decline. However, according to projections, if the market swings in the opposite direction, it can rise. The Polygon price prediction notes that it can rise to $0.87 by the end of the year.
ApeCoin (APE) Future Outlook
The ApeCoin (APE) coin also declined, following a notable trajectory on the timeframe chart. For the crypto to facilitate its recovery from the lower trendline within a parallel channel, the ApeCoin crypto needs to draw in potential buyers. Since June of 2023, the ApeCoin price has been progressively declining.
The value dropped from the previous point at around $2.78, and it previously descended below the threshold of $1.48. Buyers’ intervention must occur for the ApeCoin crypto to see a revival. The volume-to-market capitalization ratio is calculated to be at around 10.58%. Based on the ApeCoin price prediction, the crypto is expected to reach $2.32 by the end of the year.
Everlodge (ELDG) to Pump by 20x
However, while Polygon and Everlodge have been in decline, another crypto has surged in value – Everlodge. The project enables anyone to get into the real-estate investment space with ease, alongside utilizing timeshare opportunities.
For example, if a home is worth $2,500,000, this is out of reach for most people. However, the Everlodge platform digitizes and then mints the property as an NFT. Then, the NFT is fractionalized. As a result, individual investors can just buy a $100 share of the NFT and get all of the benefits that come with it. For example, if the value appreciates, so will their fractional NFTs.
The platform offers seamless, self-custodial, and decentralized trading, where anyone can later sell or trade their NFT. In addition, they can even sell the free monthly nights that they gain in the Rewards Club, assuming they do not want to use them.
The ELDG token is at the core of the platform, and can be staked for passive income. During stage 1 of its presale, the crypto trades at $0.012. According to the presale page, it will spike by 33% to $0.016 during Stage 2. According to analyst projections, a jump of 20x will occur at launch.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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