MultiversX, Binance Coin and Everlodge – Cryptos Set to Surge Based on Most Recent On-Chart Data

The post MultiversX, Binance Coin and Everlodge – Cryptos Set to Surge Based on Most Recent On-Chart Data appeared first on Coinpedia Fintech News

MultiversX (EGLD), Binance coin (BNB), and Everlodge (EGLD) are three cryptocurrencies that have recently spiked into the green zone and are accumulating a lot of interest from investors and traders. To see how far they can climb in value by the end of 2023, we will go over their on-chart performance. This price analysis will take a deeper look into the performance of each crypto and will determine their growth potential. 

Summary

• MultiversX to reach $61.59 based on current projections
• BNB  projected to spike as high as $307.41 by the end of 2023
• Everlodge price climbs 130% 

MultiversX (EGLD) to Spike to $61.59 by the End of the Year

MultiversX (EGLD) recently saw a massive upswing in its value. During the past month, the crypto is up 84.5% in value. In the last week alone, MultiversX increased in value by 47.9%. Its value moved from a low point of $29.37 to $50.61, making it one of the top gainers currently. 

The growth can be attributed to the latest updates from the team. Specifically, last week, within the ecosystem, they saw Sovereign Shards MIP get published on Agora alongside the First xAI Demo presentation. In addition, EGLD staking became available on top of the Crypto.com app.

In fact, the MultiversX market cap surged to $1,176,750,781, and it’s now the 48th largest crypto by market cap. Since its all-time low in 2020, EGLD is up 591.05%. According to the MultiversX price prediction, analysts have put its value at $61.59 by the end of 2023. 

Binance Coin (BNB) to Spike Above $300 by the End of the Year

Binance Coin (BNB) saw a major upswing recently and got onto the radar of many investors. Recently, the BNB Chain saw numerous upgrades. These included upgrades to the Greenfield Challenger, the Greenfield Storage Provider, and the introduction of other bug fixes and optimizations.

In addition, Messari published a major Q3 report for the BNB Chain. In it, they discussed how the number of active validators grew by 10% QoQ. Moreover, the average daily active addresses grew from 0.8 million in Q3 2022 to 1.1 million in Q3 2023. 

However, the BNB market cap is at $38,647,177,205, making it still one of the largest cryptocurrencies. Based on the recent BNB price prediction, analysts project a climb to $307.41 as its maximum point by the end of 2023.

Everlodge (ELDG) to Feature a Rewards Club with Free Nightly Stays

Aside from MultiversX and BNB, another crypto that can see significant growth in its value is Everlodge. This is an upcoming property marketplace that will enable users the opportunity to fractionally invest in hotels, vacation homes, and even luxury villas through the usage of blockchain technology. 

Traditionally, investors and traders needed millions of dollars to get properties. A luxury villa in Miami can, for example, be worth $7,000,000. 

However, Everlodge will mint the property as an NFT, then fractionalize it into 70,000 pieces worth $100 each. As a result, anyone can jump into the industry at a low cost. 

Moreover, there is a Rewards Club that will enable anyone access to free nightly stays. ELDG, the native crypto used for staking and governance, is offered at $0.023 during Stage 6 of the presale. Based on analyst projections, it can spike by 50x at launch. 

For more information about the ongoing Everlodge (ELDG) Presale, visit their website or join their community here.

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[Source: Coinpedia]