2024-01-07 10:00:23
Cryptocurrencies are designed to be disruptive. They were launched to transform the financial market. However, new projects like Injective, Everlodge and Klaytn are taking the disruptive effect to the next level. Each has its own unique application and can offer early investors significant returns in 2024. Here’s why investors should keep them all in their portfolios.
Analysts expect a bull market for Injective in the first quarter
Injective jumped more than 88% in December. This has helped Injective attract hundreds of new investors and also gain the attention of prominent analysts such as Blunz, who shares his views on DeFi projects on X.
In a recent analysis, Bluntz highlighted a bullish divergence that might be a sign of an upcoming Injective token rally. The seasoned analyst outlined the reasons for the divergence, stating that it usually indicates a corrective move. As part of his analysis, Bluntz highlighted that Injective might hit a new all-time high at $47, which would allow the altcoin to gain another major boost.
At the time of writing, the Injective token is trading at $33.13 and has received a bullish rating from analysts. They predict that the value of the project will jump following the release of additional Injective coins on January 21st.
Klatyn board member launches new gold-linked coin
On January 3, the Klaytn Foundation announced that CREDER, a member of the Klaytn governing body, had launched a new gold-linked token on Klaytn. The token, called $GPC, will be tied to the real-time value of gold and might help Klaytn’s price rise.
This is a significant milestone for Klaytn for two reasons. First, $GPC is the first tokenized gold created outside of Ethereum. Second, it is the world’s first gold-linked token that does not charge a percentage for transactions.
These unique features, combined with Klaytn’s low gas fees, make real-world asset tokenization more accessible.
Over the past month, Klaytn has already gained considerable traction with its 35% price increase. It is currently trading at $0.27, but experts say Klaytn might rise to $0.4 by the end of January if $GPC gains momentum.
Everlodge might transform DeFi with a new real-world application
While Klaytn wants to bring changes to the gold market, it is Everlodge set out to revolutionize the ownership of luxury real estate. Its revolutionary platform gives investors the opportunity to co-own luxury vacation homes around the world while earning passive income.
Despite being a multi-billion dollar market, the luxury real estate market is extremely outdated. Investors need significant funds to get involved, and purchases can take months. This excludes many new investors from the market and has created a monopoly within the industry. Everlodge’s model completely transforms this system.
Instead of going through endless administrative hurdles, investors can buy a share in one of these properties in a few simple steps.
First, they need to create an account on Everlodge. After creating an account, the investor can browse the Everlodge marketplace. Hotels, vacation homes and villas are presented here, investments can start from as little as $100.
Once they find a property, they can purchase an NFT containing the deed to the property. Co-ownership allows investors to generate passive income without having to purchase the property directly.
Everlodge will use $ELDG tokens to power its ecosystem. Owners will enjoy many benefits and have passive income opportunities, staking opportunities and more. These tokens are currently available for $0.029 in the ninth stage of the Everlodge presale, although they are expected to represent a 30x value once listed on mainstream exchanges.
Visit the Everlodge sideto get even more information regarding the token.
***Attention! Our article above is a sponsored guest content. The editors of BitcoinBázis do not take any responsibility for what has been described and urge all readers to be extra careful regarding extremely risky cryptocurrency, CFD, token, metaverse, DeFi, play-to-earn and ICO/STO/SAFT investments. Individual research and thorough verification of claims is highly recommended. Trade, invest and play responsibly.***
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