Analysts pick Polkadot, Everlodge, and Arbitrum for long-term holding

2023 is almost over, and traders are swarming the market for the next big thing. As we look forward to 2024, analysts have picked Polkadot (DOT), Everlodge (ELDG), and Arbitrum (ARB) for long-term HODL.

Polkadot outlines plans for 2024

Polkadot plans to launch several new features in 2024, including Flexible Coretime, Asynchronous Backing, and a minimal Relay. 

It will also launch a cross-chain bridge called Snowbridge in Q1 2024. 

These developments are expected to improve the network’s scalability and speed. 

Analysts predict DOT will reach $100 by Q1 2024 and $200 by Q4 2024.

Analysts bullish on Arbitrum 

Arbitrum’s increasing popularity is driven by increased network demand. 

This growth has also positively impacted ARB prices.

ARB rose to a new high of $1.37, and its market capitalization has increased by over 79%. 

Analysts are optimistic about ARB’s future and predict further price gains. 

Michael Van de Poppe and Mags, two analysts, are bullish on ARB.

Van de Poppe says ARB might register new all-time highs. Meanwhile, Mags says the token could reach $2.

Everlodge blends AI and real estate investment 

Everlodge combines AI technology with its web3 real estate platform to provide real-time property valuations, property market trend prediction, and fractionalized real estate ownership through NFTs. 

It also offers a rewards club program where users can earn free stays at properties and hotels and stake ELDG to earn rewards.

In the ongoing presale, ELDG is available for $0.029.

Closing thoughts 

Polkadot, Everlodge, and Arbitrum are considered some of the top altcoins for 2024. 

Everlodge is conducting its presale but will launch in 2024.

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