Cathie Wood’s ARK Invest Sells Coinbase Shares, What Are They Buying? Everlodge, ORDI, and Avalanche Are Pumping

Cathie Wood’s ARK Invest sold a total of $33 million worth of Coinbase stock after the crypto exchange’s shares reached a 19-month high. This was fueled by the latest surge in the value of BTC. The approximate number of sold shares was 237,572, and this occurred across three different exchange-traded funds, including Innovation (ARKK), Next Generation Internet (ARKW), and Fintech Innovation (ARKF).

Now, many whales have begun making new investments, and the cryptocurrencies that have begun to pump are ORDI (ORDI), Avalanche (AVAX), and Everlodge (ELDG). Today, we will go over all of them to see which is the best crypto to invest in. 

ORDI (ORDI) Breaks New All-Time High Point – Can It Reach $90.68?

ORDI (ORDI)’s price performance showcases a bullish move, as it recently moved above the $68 range for the very first time. This new all-time high point marks a monumental milestone for the crypto, especially as ORDI saw an upswing of 474.2% in the past 30 days.

The ORDI coin price has since stopped growing, as it retraced back to the $54 range. While this is the case, the crypto did have a rapid upswing, and buyers have already done their best. Sellers now show their potential and could decide to cash out their gains. According to the latest ORDI price prediction, it can reach $90.68 by the start of 2024.

Avalanche (AVAX) Breaches the $27 Price Barrier – Is $30 Possible?

Avalanche (AVAX) recently reached past the $27 price barrier after a while, after rising over 100% in the past 30 days.

The Avalanche crypto needs to maintain this accumulation rate of buyers in order to surge out of the primary resistance at $30. There is an upside in the weekly time-frame chart for the crypto as well, with Avalanche rising 25.5%. 

With a market cap of $9,732,557,824 and a 24-hour trading volume of $1,043,999,963, the crypto could see an even higher momentum moving forward and has the potential to make the crypto top 10 list. Based on the latest projections, the Avalanche price prediction places it at $33.01 at the start of 2024.

Everlodge (ELDG) to Enable Fractional Ownership in $280T Market

Everlodge (ELDG) began pumping in value, and this is due to its unique feature set and rich ecosystem that can completely change how traders interact with the $280 trillion real estate market. It will tackle key issues found in the industry, such as lack of liquidity, accessibility, and transparency.

Most platforms today require users to have millions in upfront capital in order to buy a luxury villa in Miami. Everlodge will resolve this by introducing fractional ownership. It will mint each property in the form of an NFT, then fractionalize it into smaller pieces, all of which are worth just $100 each. This way, anyone can get access to a diversified portfolio without spending or needing millions.

Users can also get guaranteed passive income if they stake the native crypto or if they become a co-owner of a rental property. As each property increases in value, the NFT fraction will climb as well. Everlodge will also feature an  AI tool that can predict future locations where real estate properties can experience a price increase. 

For example, just a few years ago, properties in Dubai were not worth as much as they are today. By getting this type of insight, traders can get the most out of their fractional investments. 

Summary

ORDI reached a new all-time high and has since showcased retracement back to $54. Avalanche is also bullish, yet it will take some time for it to reach new heights. In the meantime, Everlodge is making the most significant progress with its crypto ICO.

Now, the project is undergoing Stage 7 of the presale, where ELDG is offered at just $0.025. Analysts are expecting a surge in its value of 2,500% following its launch and listing on major Tier-1 exchanges, making it the best crypto to invest in.

For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.