Best Cryptocurrencies Under $0.50, Fantom (FTM), Everlodge (ELDG), Decentraland (MANA)

The crypto market has shown some strong signs of growth in 2024. Therefore, investors are looking to invest in projects with high earning potential, and Everlodge is considered the best crypto project this year. Experts predict that its market worth can soar by 3000% in the coming months. Besides, this new project is about to raise over $12 million during its ongoing presale phase. Fantom (FTM) and Decentraland (MANA) have also posted some moderate growth.

Fantom’s (FTM) Supply On Exchanges Drops

Key growth metrics suggest that there is an increasing market demand for Fantom (FTM). As per the latest data from Santiment, the supply of Fantom (FTM) on exchanges has witnessed a massive drop. On the other hand, Fantom’s (FTM) supply outside exchanges has increased.

Besides, the total number of Fantom (FTM) investors has also soared. The data indicates that there is a high buying pressure for Fantom (FTM). Meanwhile, Fantom (FTM) has been taking wild swings in the price chart.

While it is up by 36% on the monthly chart, its value has fallen by 11% in the last week. Consequently, the current trading price of Fantom (FTM) is $0.44.

Decentraland (MANA) Sees Increase In Development Activity

As the overall crypto market has shown a rebound, Decentraland (MANA) has also risen. On the monthly price chart, Decentraland (MANA) has jumped by 2%. Hence, the current trading price of Decentraland (MANA) has surged to $0.47.

According to analysts, the rising development activity has helped Decentraland (MANA) gain momentum. The data from Santiment shows that the development activity on Decentraland (MANA) has increased by 35% between November and December.

This can also mean that the user base of Decentraland (MANA) is increasing. However, the fading popularity of metaverse-based projects can hurt Decentraland (MANA).

Everlodge (ELDG) Shows Brilliance In Presale Phase

A lot of people wish to own a vacation property, and diversify their investment and earning portfolios. As per the latest market data, user penetration in the vacation rental industry will be 11.1% in 2024. But sky-touching prices of luxury vacation homes and villas have kept retail investors away. To address this issue, Everlodge has entered the arena.

This blockchain-based property marketplace helps people own a luxury vacation property for just $100. It will first mint NFTs (Non-Fungible Tokens) for real-world properties. Thereafter, it will break those tokens into parts so that retail investors can also buy them.

A noteworthy feature of Everlodge is Launchpad. It will offer a crowdfunding mechanism for developers to raise capital for their new projects. The platform’s ecosystem also consists of a Rewards Club and Marketplace. Interestingly, the club members will earn complimentary stays at the luxury properties.

Everlodge’s native crypto is ELDG. The token holders will get a range of benefits, such as staking rewards and special deals on property purchases. Eight stages of the token’s presale are already sold out, with the ninth one getting subscribed fast. Now, you can lock a token for $0.029.

Its price has surged by 190% until now. Besides, it can rise further up to 280% by the completion of the presale phase. After the presale is over, the tokens will launch on Uniswap, and other leading exchanges. Notably, ELDG’s value can skyrocket by 30X after launch.

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