The crypto market is ever-evolving, and the prices and trends can shift daily. Recently, Uniswap (UNI) and PancakeSwap (CAKE) have been experiencing downward pressure. However, they are showing signs of recovery as well.
On the flip side, Everlodge (ELDG) has had consistent growth and sales since the launch of its beta-stage presale, and analysts project that it can climb by 35x. Today, we will go over all three projects to see why they can prepare investors for the next bull market.
Summary
- Uniswap to climb $8.44 by the end of the year.
- PancakeSwap will reach $1.96 by the end of 2023
- Everlodge to climb by 35x at launch
Join the Everlodge presale and win a luxury holiday to the Maldives
Uniswap (UNI) Future Outlook
The Uniswap (UNI) project set the pace in the DeFi sector about what DEX should operate and gained a massive level of attention. However, the Uniswap price has fallen recently due to the bearish crypto market that started in the middle of August. The Uniswap crypto saw a decline of over 27% as a result.
However, there has also been an improvement in the performance during the past week, where it has been on the rise by 2.5%, making Uniswap a potential long-term gainer. The UNI token has consistently managed to stay in the green zone on the daily charts, and the RSI is deep in the oversold range with a value of 30.
Its high liquidity makes it a viable investment, and on top of that, it has had one of the lowest annual inflation rates on the market. Based on the Uniswap price prediction, it will climb to $8.44 by the end of the year.
PancakeSwap (CAKE) Price Prediction
Then, we looked at the PancakeSwap (CAKE) cryptocurrency, which has seen a decline in value during the past two weeks by 13.7%. However, the community behind the PancakeSwap crypto is still optimistic, especially after its launch on Linea. The cryptocurrency is reacting to the downtrend that’s seen across the broader market.
Earlier in the month, the PancakeSwap price was trading at low volatility before a major plunge was seen, where it dipped to $1.31. Another significant drop occurred on August 23 when it went downward to $1.23. Now, the PancakeSwap crypto needs to break past $1.30 in order to regain its forward momentum.
However, according to the on-chart data, the PancakeSwap crypto is trading at a three-month low. Based on the PancakeSwap price prediction, it can reach $1.96 by the end of the year.
Everlodge (ELDG) to Spike in Value
Everlodge is a very different project, as it will democratize access to investing in real-world assets, specifically within the global vacation property market. The project is building a marketplace in which anyone can get access to luxury properties beginning at just $100.
Traditionally, the industry had issues such as high costs of entry, difficulties with documentation, and illiquid assets. Everlodge changes all of this by minting the properties as NFTs on-chain. They are then fractionalized, and individual investors can buy fractions of numerous properties to diversify their property portfolio, no matter how small their capital is.
In addition, ELDG is the native token that’s used to power all of this. Through it, anyone can receive free stays on vacation properties or can even choose to stake it to get passive income.
During the Stage 1 presale period, it was trading at $0.012 after rising by 20%. At the next stage, it will spike by 33%, and analysts project that it will climb by 35x at launch.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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