Although the crypto market is in a pensive mood ahead of the decision on the first crypto ETF, the optimism is palpable. Analysts expect Maker, Conflux, and Everlodge to surge this week, thanks to the successful blend of innovation, increased whale activity, and cutting-edge technology.
Read on to find out why Maker, Conflux, and Everlodge are poised for a surge this week and how you can grow your wealth by 30x in the upcoming months.
Maker’s Network Activity on the Rise: Dormant Crypto Whale Revives
Maker is a decentralized lending and borrowing network; on-chain data is showing increased network activity that could drive Maker’s native token, MKR, to new highs this week. The weekly chart remains in the green, with over 11% gain at press time.
Recently, a crypto whale has returned after three years to deposit over $2.8 million worth of Maker to Binance. Usually, depositing tokens on exchanges indicates the intent to sell. However, it’s difficult to estimate the whale’s next move, especially as the early holder of Maker still holds over $12 million worth of MKR.
Conflux: Chinese Ethereum Up 4.4% in One Day
The Conflux Network, dubbed the Chinese Ethereum, uses a hybrid approach that combines Proof of Work and Proof of Stake consensus mechanisms, revolutionizing finance, Web 3.0, and dApps.
Conflux crypto has enjoyed tremendous popularity as it is the only state-supported blockchain in China – for instance, in 2021, the government invested $5 million in Conflux and tested its Yuan stablecoin, CNHC, on its blockchain.
Over the years, Conflux’s crypto, CFX, has gained recognition, especially its compliance with the Chinese regulations establishing it as a trustworthy digital asset. As of this writing, Conflux’s CFX has risen by over 4.4% in the past 24 hours.
Everlodge: Staggering 30x Rally as Everyday Investors Experience Luxury
Everlodge’s marketplace enables you to buy, sell, and invest in fractional real estate on the blockchain using NFT technology. This means you can co-own and generate passive income from exclusive properties worldwide, including villas, hotels, and mansions.
Token holders reap numerous benefits, like discounts on property purchases and even free nightly stays in the Everlodge ecosystem’s hotels and villas. For instance, owning 10,000 ELDG tokens could come with a week of free stay each year in a dreamy vacation property. Or better yet, you can monetize these stays by listing them on platforms like Airbnb.
In this decentralized world, you control your assets, hold your own encryption keys, and can trade your asset-backed NFTs on Everlodge’s secondary marketplace or any third-party ERC20-compatible platform. Everlodge also empowers property developers to raise capital for new ventures, offering investors early access and maximizing returns on investment.
As the global real estate market exceeds $280 trillion and the hospitality industry booms, Everlodge stands at the forefront of this lucrative intersection. With the vacation rental market growing rapidly, the potential for exponential growth in your investment is immense.
Thanks to these innovative features, Everlodge’s price prediction for 2024 is nothing short of impressive. Analysts estimate that the native token will increase by 280% during the presale stages and over 30x once the token is launched on major exchanges.
The Bottom Line
If you want to keep your portfolio in the green, you may want to keep an eye on Maker, Conflux, and Everlodge. Although targeting different technologies and industries, these diversified altcoins could capitalize on the general optimism in the crypto market, hitting new highs in the upcoming days.
Particularly, with only a few days left until the next stage and a further price increase, Everlodge’s native token, currently at only $0.029, stands to grow exponentially in the following weeks.