NEAR Protocol (NEAR) saw a rapid upswing in value, and this has resulted in it gaining the attention of traders. But its not the only crypto to pick up attention, as Avalanche (AVAX) caught the appeal of major crypto analyst Altcoin Sherpa who is bullish on its future.
Alongside this, Everlodge (ELDG) is also making waves, it can disrupt the real estate market and make it accessible to anyone. We will go over each one to see which is the best cryptocurrency to buy.
NEAR Protocol (NEAR) to Move past $4 in 2024
NEAR Protocol (NEA) is a blockchain platform for dApps that was originally designed to be quick, scalable and user-friendly. NEAR Protocol utilizes Nightshade, a sharding method which splits the blockchain into chunks in order to achieve high throughput while maintaining low fees.
During the past week, the NEAR Protocol crypto traded between $2.09 and $3.71. The total upswing for NEAR was 92% in the past 30 days, and in the last year, its up 162%. According to the NEAR Protocol price prediction, it can reach $4.13.
Everlodge (ELDG) Primed to Become a Major Player in the Real Estate Sector in 2024
Everlodge (ELDG) is an upcoming real estate marketplace that can change how traders access the real estate market by making it far more affordable and solving key issues. These include the lack of liquidity, and lack of accessibility and transparency. The project is picking up significant attention with its blockchain ICO.
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#Crypto #RWA pic.twitter.com/DKzxKTHGay
— Everlodge (@EverlodgeHQ) December 11, 2023
The industry has lacked liquidity as most properties cost millions of dollars in upfront capital, making them out of reach for a majority of people. Everlodge will solve this by making each property accessible for just $100.
This works by having them minted as NFTs, and afterwards, they will get fractionalized into smaller pieces. Each piece is worth just $100, and can be resold in the future.
The transparency issue is resolved with smart contracts. The metadata of the smart contract will store all of the important details, like title deeds or other ownership details. These aspects make it the best cryptocurrency to buy.
Avalanche (AVAX) to Reach $60 According to Altcoin Sherpa
Avalanche (AVAX) is a Layer-1 blockchain that aims to overcome the blockchain trilemma. It has the objective of being scalable, decentralized and secure all at the same time. The Avalanche price exhibited bullish features recently and can reach higher levels. It has displayed good performance in the previous week, month and even year.
During the past 30 days, Avalanche is up by 121%. During the past week, it moved up from $37.42 to $48.30. According to the latest analysis by Altcoin Sherpa, who shared the data through a post on X (Twitter), the Avalanche price prediction puts it at $55 to $60.
Summary
NEAR Protocol is bullish, and Avalanche is projected to grow according to Altcoin Sherpa. Yet, a lot of attention is given to Everlodge. Throughout its blockchain ICO, the project has reached Stage 8, where it trades at $0.027. At launch, analysts project an upswing of 2,500% following its listing on major Tier-1 exchanges.