Cosmos (ATOM) and Axie Infinity (AXS) were initially two projects that saw a massive level of momentum among investor circles. Both of these projects have dipped in value as of recently. As a result, many whales are now moving towards Everlodge (ELDG), as analysts project growth of 20x at launch.
- Cosmos will surge to $10.83
- Axie Infinity can climb to $7.73
- Everlodge to climb 20x
Cosmos (ATOM) Crypto Price Outlook
The Cosmos (ATOM) cryptocurrency has a bearish outlook on the price chart across numerous time frames. Moreover, traders can watch for short-selling opportunities for the Cosmos crypto in the upcoming weeks.
However, in order to break out of this bearish structure, the Cosmos price would need to climb from its recent low at around $7 to $7.5. As a result, a bounce here would present a solid opportunity for short-term investors.
But most whales are in it for the long-term and will typically eye the future outlook for Cosmos. According to analysts, the crypto can recover, as based on the Cosmos price prediction, it will reach $10.83 by the end of the year.
Axie Infinity (AXS) Future Momentum
The Axie Infinity (AXS) price turned mildly bearish after the crypto dropped below the $5 level. An overall price decrease of 16% during the past few weeks for the Axie Infinity crypto has resulted in a lot of sales.
The Axie Infinity price now needs to move above the 50-day EMA in order to initiate short-term growth. Moreover, the Axie Infinity price was in a correction phase and formed a bearish pattern. Whales have begun to diversify.
With that in mind, according to the Axie Infinity price prediction, it can reach $7.73 by the end of the year.
Why Whales Are Moving to Everlodge (ELDG)
Crypto whales have already begun to make their way towards the Everlodge project. The platform provides a new way through which anyone can interact with the real estate industry.
This upcoming DeFi product will offer people an opportunity to fractionally invest in holiday homes and even get rental income in return.
In addition, the tokenization of assets occurs on top of the network, after which they exist on top of the blockchain. The properties will be purchased from Everlodge, and the deeds or other legal data will be stored on-chain in the metadata of each NFT.
Then, NFTs can get fractionalized. This means that a home worth $2,500,000 could be bought for as little as $100, as investors could just buy a single fraction based on their budget. In addition, this will enable them to have a diversified portfolio of properties that can generate rental yields.
ELDG is the native token. It is used to trade in the marketplace and will reward token holders with free nightly stays in Everlodge’s collection of available properties. Subsequently, those who stake the token get passive income.
Moreover, during the presale, the token has already climbed 20% to $0.012. However, analysts project that a rise of 20x to occur at launch.
Find out more about the Everlodge (ELDG) Presale
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