The month of October is known to be a very bullish one for the cryptocurrency market. Toncoin looks to benefit from this trend with its latest partnership with MEXC Ventures. Also, THORChain and Everlodge are showing bullish potential. How high can these three top cryptos go in Uptober?
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Toncoin (TON) Partners MEXC Ventures
MEXC Ventures has made a bold investment in a partnership with the TON Foundation. The partnership is aimed at enhancing global Web3 accessibility by reducing entry barriers. This marks the largest move into crypto ever made by MEXC Ventures.
With this collaboration, MEXC Ventures is supporting projects built on the Toncoin network. Some of these projects include Megaton Finance, TONPlay, Fanzee, and Sonet. MEXC Exchange is lending a helping hand by providing marketing services and promotions. This could serve as a great platform for the expansion of the Toncoin ecosystem.
Already connecting over 800 people via Telegram, crypto experts believe the Toncoin value could increase due to this partnership. From a low in August, the Toncoin price has rallied to as high as $2.58. Despite suffering a pullback to $2.06, crypto experts have predicted that the TON price will increase above $3 this year.
THORChain, RUNE, Price Rallies To Recover $2.0 Support
Since dropping to a low of $0.7900 in June, the THORChain coin, RUNE, has been one of the best-performing cryptos. The THORChain crypto rallied by almost 200% to trade as high as $2.25 in October. However, it suffered a slight pullback to drop below $2.0.
Dropping along with the crypto market, the THORChain price reached lows of $1.87. However, RUNE looks back on track. Add to its increased network activity since early August, the price of THORChain has increased to recover the $2.0 support level.
Crypto experts are bullish that the rally for RUNE could continue in the fourth quarter. Forming support at $2.0, the price of THORChain will look to increase to $2.50 in the coming weeks.
Everlodge Token Skyrockets With Connection To Vacation Rentals
Vacation rentals is one of the most exciting sectors, drawing lots of investors lately. A report from Future Market Insights predicts that the vacation rental market will grow by around 5.9% from 2023 to 2033. While this growth is apparent, only a few investors have the opportunity to own vacation properties.
Everlodge is building an exciting new platform for you to own a piece of vacation property. The Web3 platform allows you to fractionally own vacation homes, hotels, and luxury villas. Unlike traditional timeshares that start at around $20,000, on the Everlodge platform, you will be able to invest in these properties with $100.
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The platform uses fractional NFTs to represent hotels, luxury villas, and vacation homes. The metadata of the NFT will include the ownership detail of each property it represents. Using fractionalization, investors will get the chance to co-own any property listed on the platform.
The Everlodge ecosystem also includes a native token, ELDG. The token will offer benefits to holders, such as discounts and free night stays in properties on Everlodge’s listings. You can also stake your ELDG tokens to generate passive income. In Stage 4 of resale, the token is currently trading at just $0.019. Experts believe that its price could skyrocket by 25x when the project takes off.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
