Rekt Capital, a major crypto analyst with over 364,000 followers, noted how, following the fight to break the $0.07 resistance, Dogecoin (DOGE) could be poised for a big drop in value.
However, TRON (TRX) has showcased solid performance, and Everlodge (ELDG) could soon surge in value based on current projections. Today, we will go over the price performance of each crypto to see just how far they can spike.
- Dogecoin is projected to dip in value, according to Rekt Capital
- TRON to climb as high as 0.16 by the end of 2023
- Everlodge is on an upswing and can climb by 3,700% at launch
Dogecoin (DOGE) to Experience a Downward Trend Based on Analyst Projection
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice
Rekt Capital made a bearish prediction surrounding the Dogecoin (DOGE) crypto. He put out a warning to his followers, going over how Dogecoin could soon dip in value. According to the analyst, despite the notable rally last week, the crypto failed to break its diagonal resistance, which resisted its ascent for several months.
As a result, this failure of the Dogecoin price could signify a significant drop. However, during the past week, DOGE traded between $0.066157 and $0.071415. Moreover, the Dogecoin market cap is at $9,460,807,069, making it the 10th largest crypto.
TRON (TRX) Is Projected to Grow to $0.16 by End of 2023
TRON recently saw a price upswing and gained a lot of attention from investors and traders. During the past year, the TRON crypto is up in value by 56.5%. Moreover, the crypto moved in value from a low point of $0.093397 to a high point of $0.100858.
Moreover, according to the on-chart data, the TRON trading volume decreased by 30%, signifying that investors are holding onto their balance. According to the TRON price prediction, it can surge to $0.16 by the end of 2023.
Everlodge (ELDG) to Introduce a Rewards Club with Free Nightly Stays
While Dogecoin’s future is uncertain, and TRON is performing well, Everlodge has gained the most significant attention. The Everlodge platform will completely change how people access the timeshare industry.
Traditionally, the cost of entry to this market is around $22,000. However, through this upcoming real estate marketplace, it will be reduced to just $100.
The platform will operate through conducting strategic partnerships, where the properties will get minted as NFTs and then fractionalized. As a result, anyone can buy a fraction of a property and become a co-owner.
In addition, there is a Rewards Club. Here, anyone can get free nightly stays and even monetize out of them by selling them at the marketplace. At the core of the project is the native ELDG crypto. It is used for staking and governance. During Stage 6 of the presale, the token trades at just $0.023. However, analysts project that it can climb, especially upon its listing on Tier 1 CEXs.
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