The Dogecoin (DOGE) cryptocurrency recently made waves after Robinhood listed it in their crypto wallet. Moreover, the Polygon founder has hinted at a significant technical upgrade.
However, the most notable altcoin that took investor circles by storm is Everlodge (ELDG), which is set to revolutionize the real estate industry. We will jump into the performance of each altcoin to see how far they can rise.
Dogecoin (DOGE) Added to Robinhood’s Crypto Wallet
The commission-free brokerage known as Robinhood Markets made an expansion to the capabilities of its crypto wallet and added support for Dogecoin (DOGE).
The Dogecoin crypto has made a brief recovery after the dip it took from the selloff throughout August. It trades at $0.0663 with a $312 million in trading volume, with $9.3 billion in terms of market capitalization.
Moreover, the Dogecoin price faced rejection at around $0.82 and the descending trendline. Its failure to hold above the 200-day EMA has left its price vulnerable to decline. Consequently, analysts are still bullish on its future. According to the Dogecoin price prediction, it will spike to $0.098 by the end of the year.
Polygon (MATIC) Founder Unveils Massive Upgrade
The founder of Polygon (MATIC) Labs, Sandeep Narwal, hinted at a significant technical upgrade that would evolve the MATIC crypto into POL. This is touted as a “third-generation token.”
Moreover, the technical analysis of the Polygon price showcases that the crypto is forming a falling wedge pattern. This can be a bullish pattern if the price breaks above the upper trendline for the MATIC crypto.
Subsequently, if this scenario occurs, bulls will typically target the top of the wedge, currently at $1.58. In addition, the Polygon crypto can flip bullish only after a breakout occurs. According to the Polygon price prediction, it has the potential to climb to $0.87 by the end of the year.
Everlodge (ELDG) Can Revolutionize the Real-Estate Sector
Alongside Dogecoin and Polygon, there’s Everlodge, which is an innovative project with a unique approach towards entry into the real estate industry. Subsequently, the traditional real estate investment models will typically demand substantial capital for full ownership and limit access to only the extremely wealthy.
However, Everlodge changed this concept by digitizing and then minting high-end properties like hotels or villas in the form of NFTs. In addition, these are then fractionalized. Any individual can become a fractional owner for as little as $100.
Transparency has also been an issue in real estate, leading to distrust. However, by utilizing blockchain technology, Everlodge records this data in the metadata of each NFT. This means that all of the ownership details, deeds, and titles are stored and are accessible on-chain.
Consequently, the native token, ELDG, powers the ecosystem. It provides holders with governance and staking rewards alongside discounts. At Stage 1 of its presale, it trades at just $0.012. But as the presale gains momentum, experts foresee a $0.035 climb at the project’s launch date.
Find out more about the Everlodge (ELDG) Presale: Website, Telegram.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.
