As the calendar slowly turns to September, the cryptocurrency market speculates about potential rallies in various tokens. Among the tokens drawing attention are ApeCoin (APE), Axie Infinity (AXS), and Everlodge (ELDG). Keep reading to determine whether a rally is in store.
How High Can ApeCoin (APE) Go?
ApeCoin (APE) presents a compelling case as a long-term investment option. As a utility and governance token, APE is pivotal in the ecosystem around the Bored Ape Yacht Club (BAYC).
At the start of 2023, the ApeCoin price skyrocketed to $6.29, but like nearly all cryptos, it has slowly lost that momentum due to more significant market trends.
However, experts believe that as blockchain technology continues to drive innovation and community-driven initiatives gain traction, ApeCoin could rise again. Therefore, they predict that ApeCoin could trade between $2.05 and $2.32 before 2023 ends.
Axie Infinity (AXS): New Era Begins
The Axie Infinity (AXS) rise to prominence within the NFT and gaming sector has been noteworthy. The platform’s play-to-earn model and growing community have contributed to its success. As the metaverse gains traction and the gaming ecosystem evolves, the Axie Infinity coin could benefit from increased adoption.
In recent Axie Infinity news, the new Season 5, Mystic Era, has begun. In this season, there are 38,248 AXS awarded overall on the leaderboard. This large prize pool makes up 45% of all Season 5 awards.
As a result, interest in Axie Infinity is on the rise once more. Therefore, analysts remain bullish that the Axie Infinity price may reach $7.73 by December 2023.
Everlodge (ELDG): To Fundamentally Alter The Real Estate Market
Everlodge (ELDG) is an innovative project that aims to reshape the real estate landscape by addressing the issues that have plagued the market for years. It accomplishes this by creating a unique property marketplace where users can tap into this market for a low cost.
To clarify, the substantial entry barriers often prevent small investors from participating in lucrative real estate opportunities. However, Everlodge changes this by digitizing, minting, and fractionalizing NFTs, representing real-world luxurious villas, vacation homes, and more. Therefore, anyone can become a fractional owner for prices as low as $100.
Moreover, as the real property gains value, so will the NFT. In other words, the passive income capabilities are endless. Also, co-owners of a property can use their NFTs as collateral to obtain short to medium loans. Thus granting users the flexibility to unlock the value of their assets without going through regular banks.
The ELDG token is now worth just $0.012 in Stage 1 of its presale. But, as the presale advances, so will the price. In fact, due to high demand, experts foresee it reaching $0.035 before it ends. With plans to raise $12M during that time, Everlodge may dominate the real estate market – causing ELDG to become a blue-chip token.
Find out more about the Everlodge (ELDG) Presale
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