The cryptocurrency market is witnessing major movements, with standout performances by Polygon (MATIC) and Tron (TRX). Meanwhile, Everlodge (ELDG) has emerged as a potential point of interest in the market’s gaze, drawing curiosity and speculation from industry analysts.
Polygon (MATIC): Makes a New Record
Polygon (MATIC) continues to showcase its scalability power, achieving remarkable milestones in processing transactions. On November 16th, 2023, Polygon executed an astounding 16.4M transactions. With more than 9.7M daily transactions, June 2021 was the previous record high for the number of transactions.
Co-founder Sandeep Nailwal expressed satisfaction with Polygon’s performance during this heightened transactional pressure. In terms of the Polygon price movement, it increased from $0.84 on November 16th to $0.85 on November 20th.
As MATIC marked 20 out of 30 (67%) green days in the past month alone, experts have made a bullish Polygon price prediction. They estimate the Polygon crypto may trade at $0.95 by December 2023, showing the network’s growing prominence.
Tron (TRX): Rising Beyond Binance Smart Chain (BSC)
Tron (TRX) has surged to prominence, significantly surpassing BSC in TVL, according to recent data from CoinGecko. Ranking among the top L1 blockchains by TVL, Tron boasts an impressive $7.9B TVL, overshadowing BSC’s $2.8B. This remarkable feat shows Tron’s ascent within the DeFi sector, signaling a substantial leap in user adoption for its ecosystem.
Trading above its 100 and 200-day EMAs further reinforces TRX’s bullish momentum. In the past 30 days, the Tron price has jumped from $0.091 on October 20th to $0.10 on November 20th. Sentiment surrounding the Tron coin is also bullish, with 28 technical indicators in the green.
Analysts are optimistic about Tron’s trajectory, forecasting a potential surge in price, estimating it could reach $0.11 within the fourth quarter of 2023. These indicators spotlight Tron’s increasing influence and market confidence in its future performance within the crypto space.
Everlodge (ELDG): More Real-World Utility Than Polygon and Tron
Amidst the fanfare surrounding Polygon and Tron, Everlodge (ELDG) has begun attracting interest in the market. This rising presale star is carving a niche with a distinctive focus on real-world utility that sets it apart from its peers.
Unlike some networks primarily focused on transactional scalability or DeFi dominance, Everlodge will merge blockchain technology with the real estate sector, allowing you to fractionally own hotels, vacation homes, and luxury villas. It will accomplish this by digitizing and minting these high-end properties into NFTs and then fractionalizing them.
Hey, Lodgers! 🏡
Do you know? 🤔
With $ELDG, enjoy the warmth of passive income, monthly surprises, and exclusive club access.
Plus, who can resist sweet discounts?
Dive into a token that feels like home. 💙
— Everlodge (@EverlodgeHQ) September 26, 2023
With this approach, Everlodge pioneers a frictionless experience, sidestepping the need for complex administrative processes. This will also significantly reduce administrative headaches, making property purchase and management more transparent and cost-effective for everyone involved.
With Everlodge becoming a potential market disruptor, analysts gravitate towards its native token, ELDG. It costs only $0.025 as it is in Stage 7 of its presale. However, unlike Polygon and Tron, it has real-world ties to the resilient real-estate market (valued over 280T). Because of this, experts predict a surge to $0.038 before its presale ends – excellent gains.