Many systems, apps and exchanges enable investors and trades to engage in the copy trader process. This enables anyone to replicate the trades placed by other, far more experienced traders in real time. However, which cryptos should investors copy trade? According to analysts, Ripple (XRP), Solana (SOL), and Everlodge (ELDG) can yield massive returns. To see how true this is, today, we will jump into the price performance of each crypto.
Summary
Ripple (XRP) saw a major price increase during the past week and began getting accumulated and traded by major crypto analysts. Specifically, within the past week, Ripple is up 25.9%. Its value moved from $0.568484 on the low end to $0.713042 on the high end.
In addition, currently, the Ripple market cap is at $38,064,283,637, making it the 5th largest crypto. Moreover, the crypto has a 24-hour trading volume spike of 89.58%, indicating that a lot of traders are copying these moves. Based on the current Ripple price prediction, it can surge to $1.26 by the end of 2023.
Solana (SOL)’s trading volume has tanked, indicating that more investors are holding onto their balance, following its upswing in value. However, the total Solana circulating supply is at 420,089,027 SOL, indicating that a lot of investors have historically bought and traded the crypto.
During the past week, Solana traded between $34.77 and $45.05, and its market cap is at $16,938,829,406. The crypto grew in value by 71.4% in the past month. According to the current Solana price prediction, it can spike to $66.56 by the end of 2023.
Aside from Ripple and Solana, another crypto that investors should copy trade is Everlodge. What makes this real estate marketplace stand out is its usage of blockchain technology. Specifically, it will combine fractional vacation home ownership with timeshare and NFT technology.
The average cost of entry into the timeshare market is $22,000. As a result, the industry has been out of reach for many people. Everlodge will bring this cost down to just $100.
The platform will digitize luxury villas and homes and mint them as NFTs. These will then get fractionalized, and anyone can co-own them.
The titles, deeds, and other ownership details will be stored inside the metadata of the smart contract. This will raise transparency. There will also be a Rewards Club with free nightly stays. At the core is the ELDG token. Anyone can stake this token for additional passive income.
As the properties get rented out, investors get capital passively, based on their ownership percentage. During Stage 6, the token trades at $0.023. At launch, analysts project a climb in value by 2,500%.
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