Trending cryptocurrencies indicate an evolving market, and by following these trends, investors and traders can have an upper advantage when diversifying. This week, the top three trending coins that grabbed the most attention include Litecoin (LTC), Stellar (XLM), and Everlodge. To see why this has been the case, we will take a deeper look into the performance of each altcoin.
Summary
After the most recent Litecoin (LTC) halving, investors are jumping into crypto while its price has not grown. The reward for mining the Litecoin crypto is now split in half, making it more scarce and, in turn, more valuable.
The Litecoin price as of August 4, 2023, is $83.55. It has a trading volume of $894,229,152, and its value declined by 3.1% in the last 24 hours.
Moreover, during the past month, the cryptocurrency decreased by 18.7%. However, it now has a market cap of $6,140,116,978, making it still the 14th largest cryptocurrency. As a result, analysts are bullish on its future. According to the Litecoin price prediction, it can surge to $117.22 by 2023 and to $262.04 by 2025.
Another cryptocurrency that has been trending on the weekly charts has been Stellar (XLM). The key reason investors buy up the Stellar crypto isn’t specifically due to its short-term growth but long-term potential. This is evident because the XLM price is now at $0.140767, and its market cap is at $3,857,118,670. This marks a 13.7% decrease in the last seven days.
However, during the past month, the cryptocurrency increased in value by 39.4%< and it’s been up 23% in the last year. Its trading volume is $112,815,522, and it’s currently the 23rd-largest cryptocurrency in the industry. Based on these stats, it’s clear that the long-term outlook for the Stellar price is green. According to a Stellar price prediction, it can reach $0.19 by the end of the year and $0.42 by the end of 2025.
Everlodge is an upcoming property marketplace that lets users fractionally invest in different hotels, vacation homes, or luxury villas and even co-own them for passive income. This platform is unique to traditional ones because it combines fractional ownership with timeshare and NFT technology.
Each hotel and luxury villa can be digitized. Afterwards, it gets minted into the form of an NFT. These NFTs will then be fractionalized within smaller fragments. So for the average person, this means that instead of buying 100% of a property, they can buy just 10%, 20%, or however much they want, depending on their budget.
The Everlodge ecosystem is also vast. In addition to the marketplace, there’s also a launchpad, a rewards club, and lending opportunities. During stage 1 of the presale, the ELDG token is priced at just $0.01. Moreover, at the end of the presale, analysts predict that the cryptocurrency can climb by 280% and that at launch, it can surge by 30x.
There’s a fixed supply of 800,000,000, but only 480,000,000 tokens will be available for the presale. In addition, users who stake their tokens can get fixed monthly interest for a passive income stream.
Find out more about the Everlodge (ELDG) Presale Today
Website: http://www.everlodge.io/
Telegram: https://t.me/everlodge
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