Traders pick Solana, Everlodge, and Avalanche as altcoins to consider
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Crypto traders often seek opportunities beyond the mainstream, and today, we’re focusing on why Solana (SOL), Everlodge (ELDG), and Avalanche (AVAX) have been firm.
SOL and AVAX have established themselves, while currently in stage 8 of its presale, over 12 million ELDG have been sold.
Solana is rising
Solana (SOL) has been on an upward trend, climbing from $86 on Dec. 21 to $92 on Dec. 22.
This surge is linked to Paxos expanding its stablecoin issuance to Solana.
Solana has been bullish in the last month, and its Fear and Greed index is at 74, indicating positive signs.
Some crypto experts say the coin may reach $106.12 in January 2024.
Everlodge announces a 30% deposit bonus offer
Everlodge is a fractional real estate NFT marketplace allowing people to own property shares for as little as $100.
It has announced deposit bonuses of 30% for existing holders and 35% for those who deposit between Dec. 14 and 18.
As a result, interest is surging, and people are considering its presale.
ELDG will be the main currency in the marketplace. Holders can stake and receive rewards. They can also trade and receive discounts.
In stage 8 presale, ELDG is trading for $0.027. Early adopters are already up 170% at this price point.
Everlodge aims to dominate the $4.5 trillion global hospitality industry.
Analysts forecast ELDG to reach $0.038 before the presale ends. More gains are expected once it is listed on mainstream exchanges.
Avalanche crypto news
Avalanche has burned over 4 million AVAX since its launch.
AVAX rose from $40.82 on Dec. 15 to $44.57 on Dec. 22.
Presently, the coin is trading above its 50 and 100-day EMAs. Moreover, over 28 technical indicators are showing bullish signals.
Experts say AVAX could reach $48.54 before the end of December 2023.
Looking ahead
While all three altcoins are noteworthy, Everlodge stands out.
Analysts are bullish on ELDG due to its lower market cap of $14.3 million. ELDG needs only $14.3 million for its price and returns to double.
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