As the focus gradually shifts away from Binance’s regulatory controversies, its native coin has regained some lost ground in recent days. At the same time, Optimism has successfully moved out of the support zone and has shown bullish sentiment for several days, while Everlodge, a newcomer aiming to revolutionize the real estate ecosystem, has also made significant strides.
Let’s delve in to know how these crypto projects are faring up close and their potential to rank among the best crypto investment choices ahead of 2024.
Binance (BNB) Recovers Ground Amid Controversial Court Settlement, Touches waters at $270
Binance (BNB) is finally taking some fresh breath following its recent court settlement over unlicensed operation in the United States. While there has been concern about how long it will take for investors to regain confidence in the world’s largest exchange, recent price surge in the native coin suggests a renewed wave of optimism among investors.
Currently priced at $271, Binance coin is displaying a bullish momentum and has made significant gains from the recent low point of $233 recorded just a few days ago. Over the past 48 hours, BNB price has continued to surge significantly, recording a 6.19% increase in the last 24 hours and an average increase of 7.62% over the past 7 days.
Optimism (OP) Steps out of the Support Zone; Can it Maintain Bullish Momentum?
Optimism (OP) has broken out of the support zone and reached the $2.38 range, marking its highest price point in the past week. Currently valued at $2.36, Optimism price has seen an 8.4% increase in the last 24 hours and a nearly 4% increase over the past 7 days.
With a total market capitalization of $2,163,728,556 USD and a circulating supply of 911,294,948 OP, Optimism currently holds the 38th position in terms of market capitalization on Coinmarketcap. It remains uncertain whether this rally will be sustained for an extended period or if it is simply a temporary reaction to the overall bullish sentiment in the crypto market.
Besides Binance and Optimism, there is another cryptocurrency currently undergoing a price rally. Everlodge, a groundbreaking property marketplace, has displayed bullish momentum since it kicked off its presale stage. In terms of long-term price growth, Everlodge has demonstrated significant potential, surpassing many other cryptocurrencies in weeks. But what makes this project truly exceptional?
Everlodge is on a mission to revolutionize how people interact with real estate transactions and property ownership. Essentially, the property marketplace allows users to co-own vocational homes and luxurious properties, merely paying a fraction of the value. Well, it’s not that simple.
To achieve this innovative feat, Everlodge combines fractional vacation home ownership, with timeshare and NFT technology to transform real estate ownership from the conventional “pay-to-own” or “pay-installmentally-to-own” to a more flexible “pay-a-fraction-to-own.”
Still on the subject of NFT, Everlodge takes property documentation to the next level: By leveraging blockchain technology and smart contracts, Everlodge eliminates the need for paperworks. In other words, all the ownership details, deeds and paperwork are stored into a smart contract which validates property ownership within the marketplace.
Another intriguing component of the Everlodge property marketplace is the native token – $ELDG, which serves as both the governance and utility token. In addition to supporting the tokenomics of Everlodge, the $ELDG token provides numerous advantages: these include discounted rates for property acquisitions, complimentary accommodations, eligibility for contests, and the opportunity to stake tokens for a consistent monthly interest.
Currently selling for $0.027, from an initial offering of $0.01, the $ELDG token offers an intriguing path for those seeking the best crypto investments, especially one deeply rooted in the future of real estate. It is also important to note that the token is currently in the stage 8 of its presale, and slots are selling out fast.