Undervalued Cryptocurrencies That Should Be on Everyone’s Radar – Solana, Pepe and Everlodge
Release: 2023/11/21 22:54 Reading: 454
Solana (SOL) recently saw a massive spike in trading volume, where it climbed past the $3 billion mark, with top ecosystem DEXs being Orca and Raydium, which saw a 70% spike. Pepe (PEPE) jumped 102% in trading volume, also marking a significant upswing when compared to its historic performance.
Everlodge (ELDG) is seeing massive activity during Stage 7 of its presale, as the project can become a major player in the $4.548 trillion hospitality industry. Today, we will explore the outlook for each crypto to see which one can see the most significant spike.
Summary
● Solana can experience a price upswing to $96.92 by Q1, 2024 ● Pepe to experience an upswing in value to $0.000002 by the start of next year ● Everlodge projected to experience massive growth following the completion of its presale
Solana (SOL) TVL Surges Based on DeFiLlama Data
Solana (SOL) saw a major upswing in the activity of its ecosystem and its trading volume. Based on data from DeFi intelligence tracker, DeFiLlama, the trading volume on DEXes built on top of Solana climbed 54% within the past week. The total trade volume exceeded $3 billion and reached a new record for the ecosystem
Between November 1 and November 20, the Solana TVL climbed 42%, from $409.68 million to $584.56. In the past seven days, SOL increased from $52.05 to $67.50 in value. It's up 103.5% in the past 30 days and 374% in the past year. According to the Solana price prediction it can surge to $96.92 by Q1, 2024.
Pepe (PEPE) to Reach $0.000002 by Q1 2024
The Pepe (PEPE) team announced that 418 billion tokens would be transferred from the team wallet. They will go to the Binance Earn program and will be rewarded to Binance users through various campaigns in the upcoming months.
The Pepe coin crypto trading volume saw a jump of 108%, and the crypto is up 76% on the monthly chart. According to the current on-chart data, the Pepe price prediction puts it at a value of $0.000002 by Q1, 2024.
Everlodge (ELDG) Will Enter the $82.63B Vacation Rental Market
While Solana and Pepe are bullish, another crypto that can surge soon is Everlodge. The global vacation rental market size was estimated to be worth $82.63 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 4.7%.
Everlodge will provide innovative technology to this industry and will create a platform that integrates NFTs, which represent shares of properties. These can then be split into smaller pieces through fractionalization and can enable anyone the opportunity to buy vacation homes or luxury villas starting at just $100.
ELDG is the native crypto behind the platform. Users who stake their balance will get a fixed monthly interest for a passive income stream.
Anyone can also get extra interest bonuses when they provide liquidity to the developers on the property launchpad. Holders of the crypto can also qualify for giveaways during holidays, property raffles, and other experiences.
The presale is at Stage 7, where the token trades at $0.025. Analysts project massive growth upon its launch, especially as it enters the vacation rental market.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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