The cryptocurrency market has entered another bullish phase and investors are intrigued. Analysts evaluated the price movements of three coins in the market and predicted their bullish price movements. These three coins include Chainlink, Tron, and new coins.
Chainlink (LINK) Staking V0.2 released
Chainlink (LINK) has had a memorable quarter, up more than 100% since the start of October. On-chain data shows that recent price increases have set the stage for further price increases. According to data from IntoTheBlock, Chainlink coins have found solid support between $13.16 and $13.55.
This could fuel further price gains in the coming weeks. Chainlink Stake v0.2 has been released. v0.2 features an expanded pool size of 45,000,000 LINK in total, representing 8% of the current circulating supply.
According to analysts’ Chainlink price predictions, LINK’s price is expected to rise 26.47%, reaching $18.19 by December.
Tron (TRX) price prediction
In 2023, Tron (TRX) had a successful year, recording a 91.6% year-to-date (YTD) increase and gaining recognition as the most widely used blockchain network, as reported by Coin98. According to recent data from CoinMarketCap, Tron TRX maintained the price level of $0.109823 from $0.096310 last week.
According to analysts’ Tron price predictions, this positive trend is expected to continue in 2024. With the upcoming Bitcoin halving event scheduled for April, analysts have predicted a rise in Tron’s price.
In the months following the Bitcoin halving, Tron coin is expected to experience a significant surge of 392%. As a result, the Tron cryptocurrency could reach around $0.50 by September 2024.
Everlodge (ELDG): Get a Fast Loan Using NFTs
Everlodge (ELDG) emerged as a platform where traders can purchase real estate with small amounts of money. Traders can become partial or full owners of valuable assets such as villas, hotels, and luxury homes.
To make this happen, Everlodge has introduced a way to convert these properties into NFTs, like digital certificates. These NFTs are then split into smaller pieces. The main characteristic of these NFTs is that they represent the real-world value of a physical property. As real estate values rise, the value of NFTs also increases.
At the same time, Everlodge also provided loan services for traders who needed short- and medium-term loans. This eliminates the need for traders to approach traditional banks for loans. You can borrow money from Everlodge using NFTs as collateral.
Everlodge has its own token called ELDG. These tokens are attractive to traders because they have practical uses in the real world. You can earn passive income by staking ELDG tokens. Currently, ELDG is $0.025.
Analysts have made optimistic price predictions for Everlodge, citing high demand for this cryptocurrency. They predicted 100x growth once listed on a tier-1 centralized exchange (CEX).
To learn more about Everlodge (ELDG), visit their website.