The highlight of the crypto bull run in 2021 resulted in new investors picking substantial profits. Now that there are speculations of a possible bull run in 2024, investors are looking for top cryptos to invest in for high ROI in 2024. Near Protocol (NEAR), Polygon (MATIC), and Everlodge (ELDG) are among the top cryptocurrencies projected to return profits in the year. These projects offer real utilities and are poised for a strong upswing in 2024. Let’s see how these projects stand in the market.
The finest technological innovation is underway in the real estate sector with the introduction of NFT-based digital real estate properties. With Near Protocol and Polygon becoming attractive to investors, Everlodge leveraged Defi to create opportunities for investors in the $280 Trillion real estate industry.
Luxury villas and hotels will be minted into digital NFTs which investors can start purchasing fractionally. At Everlodge ecosystem, investors will be able to use the marketplace for buying and selling assets and also use their assets as collateral for loans. With the KYC completed, Everlodge will preserve the stability of its utility token by locking the team token for two years and the liquidity pool for eight years. The smart contract has also been audited by an independent auditing team to ensure transparency.
The erc20 token ELDG is the native token of the platform and will be used for payment and transactions on the platform. The ELDG is currently in the 9th stage of token presale and sold for $0.029. Everlodge will also incentivize holders of this token with extra benefits such as trading discounts and staking rewards.
For new investors looking for the best cryptos to invest in, Everlodge is a big project with a predicted 280% increase by the end of the presale. By purchasing the token at this present price, the investor’s dividend could be multiplied by 30x when the project is eventually launched.
Near Protocol (NEAR) has been on an upward trajectory, posting a substantial increase of 65.89% in one month. Having ended 2023 with a strong price value of $3.84, Near Protocol price seemed to have profited from the expansion of its gaming platform, which launched GamingDAO last month.
However, the Near Protocol price chart from CoinMarketCap shows that the coin is battling the bear market, which has seen the coin price drop by over 5% in the last few days. But the impressive 30-day price performance of Near Protocol has put it among the best cryptos to invest in the year. Analysts observed that if the token can continue the momentum witnessed last month, the Near Protocol value may rise above the $4 mark by the end of January.
After an unsuccessful attempt to climb the $1 threshold, Polygon (MATIC) has shown a bearish pattern, falling by 15% in the past seven days, according to CoinMarketCap data. Although the Polygon trading volume is depreciating, the token is still attracting an inflow of buyers who are still optimistic about a resurgence soon.
Having successfully overcome the support level of $0.7224, Polygon is aiming for the next resistance level at $1.2495. Based on crypto analysts’ projections, if Polygon could see more token accumulation by buyers, then the Polygon price can launch a retesting bid at $1 and successfully climb to the next resistance level. Crypto experts still see MATIC as one of the top cryptos to invest in 2024.
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