Table of Contents
- Polkadot (DOT) to Spike in Value to $6.64 Based on Analyst Projections
- Fetch (FET) Projected to Reach $0.39
Market analyst altFINS notes that the Polkadot (DOT) crypto could soon reach new heights. There are signs of a potential trend reversal, but its value needs to close above $4.50 first. Another crypto that can see a significant surge in value is Fetch (FET), as it showcased solid on-chart signs. Everlodge (ELDG) is also a primary point of appeal due to its disruptive technology that can make it a dominant force in the $280 trillion real estate market.
Polkadot (DOT), according to market analyst altFINS, is showing a lot of promise after it recently bounced off the $3.60 support. The Polkadot crypto needs to break past its next major resistance point of $4.50 in order to reach new heights.
In addition, momentum indicators like MACD and RSI for DOT showcase a bullish momentum that might have peaked in the short term, which could potentially limit additional near-term upsides for the DOT token without the major infusion of buyer interest. The Polkadot market capis also at $5,618,835,200, making it the 16th largest crypto. According to the Polkadot price prediction, it can reach $6.64 by the end of 2023.
Fetch (FET) investors are holding onto their balance. This is evident as the Fetch trading volumedecreased by 40.10% in the past 24 hours. During the past week, the crypto increased in value by 61.3%.
Its value moved from $0.236378 to a high point of $0.387612. The Fetch annual increase so far has been by 347.9%. According to the Fetch price prediction, it can surge to $0.39 by the end of 2023.
While Polkadot and Fetch are bullish, another crypto that can spike up in value is Everlodge. This is an upcoming platform for making real estate investments that will significantly lower barriers. With NFT technology at its core, every property is minted and it's then fractionalized to become far more accessible.
For example, let's say that a luxury home in Miami is worth $7,000,000. This would make it inaccessible for a majority of people, making it exclusively available to the elite.
However, the Everlodge platform will split it into 70,000 pieces worth $100 each. As a result, anyone will be able to buy a fraction of the property or even diversify and make investments in numerous properties.
As they appreciate in value, the NFTs will rise as well. If they are rental properties, holders of the NFTs can get passive income. Now, ELDG is at Stage 6 of its presale. It trades at $0.023 but can rise as far as 40x at launch.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.Investment Disclaimer