Chris Burniske, a former analyst at Ark Invest, is bullish on the future of Solana (SOL), and investors are diversifying with the cryptocurrency. In addition, Dogecoin (DOGE) and Everlodge (ELDG) are also getting significant attention following their recent price movements. Today, we will jump into the price performance for each crypto to see how far they can spike.
Solana is projected to climb in value to $29.22 by the end of 2023
Dogecoin can climb as high as $0.098 by the end of Q4
Everlodge to rise in value by 2,500% at launch
Chris Burniske Is Bullish on the Future of Solana (SOL)
Solana (SOL) has recently been in the spotlight as it achieved a significant price upswing. With its recent milestone in mind, analysts are bullish on its future. Chris Burniske, a former analyst at Ark Invest, for example, observed how there are several factors that indicate a bullish performance for Solana.
The coin's recent price against Ethereum is the foremost indicator. It achieved the 0.02 mark against ETH, which indicates a strong market acceptance and confidence in its future. This breakthrough suggests a potential trajectory towards its next threshold.
The Solana trading volume jumped 28% during the past 24 hours. In addition, its value increased from $30.13 to $36.78. In the past two weeks, Solana is up 51.5%. According to the Solana price prediction, it will experience a price upswing to $29.22 by the end of 2023.
Dogecoin (DOGE) to See a Rapid Upswing
Dogecoin (DOGE) recently saw a price upswing, and analysts are bullish on its future. During the previous week, the price of the Dogecoin crypto moved from $0.065 to $0.074, making $0.080 its next major resistance point.
However, the Dogecoin market cap is at $9,799,553,676, and it has remained the 10th largest crypto on the market. According to the current Dogecoin price prediction, it can reach as high as $0.098 by the end of 2023. While this is a bullish outlook, Dogecoin was not the only altcoin to grab attention.
Everlodge (ELDG) Can Rise in Value by 2,500% at Launch
Everlodge (ELDG) is an upcoming marketplace that will enable anyone to access luxurious properties at a fraction of the cost. In addition, it will eliminate key issues that are plaguing the market.
These include high costs of entry, lack of accessibility, and lack of transparency. The properties will get minted as NFTs and, as a result, will enable anyone the opportunity to jump into making investments through the usage of blockchain technology.
These NFTs will get split into numerous smaller parts, where investors can begin buying a fraction starting at $100. This means that without needing a lot of upfront capital, anyone can build a diversified portfolio through which they can get passive income, assuming they are rental properties.
ELDG can also be staked for passive income, and it is also used for governance. This native token is now at Stage 6 of the presale offered at $0.023. At launch, the crypto can surge as high as 2,500%.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Everest Market Insights journalist was involved in the writing and production of this article.