Fantom, Everlodge, and Ethereum are set to grow, but which one is the most profitable?
Ethereum (ETH) Expected To Hit $2,500 Soon
Ethereum gained 1.61% today, lost 1.69% this week, and gained 8.24% this month. It marked the year with an 81.69% gain. Like most coins in the crypto market, Ethereum is awaiting the January SEC decision. Some think it’s more important for Ethereum than for others as an Ethereum ETF may be going to emerge soon after the Bitcoin one. Especially since BlackRock filed for an Ethereum ETF.
However, the market doesn’t seem to think it will happen soon. At least not until 30th March. A $100 bet on an Ethereum ETF listed by March 30 yields $380, according to fluctuating Polymarket odds. This makes the public believe at 1:3.80 in favor of it not happening by that date.
The RSI is 53.14, while other indicators are also in the neutral zone. This means it’s very possible to see a leg up. Some analysts, such as CryptoCapo, expect Ethereum to reach $2,500. Bearish confirmation would be a break below $2,000.
Fantom (FTM) is Beating ETH and BTC With Transactions per Second
Fantom gained 4.69% today, 8.65% this week and 44.99% this month. This makes its profits stand at 122.81% at the end of the year. Although it reached even higher prices in February, hitting $0.63.
Fantom’s key feature, along with smart contracts, is that it can handle over 300,000 transactions per second, according to its whitepaper. This makes it the fastest blockchain on the market. Its asynchronous Byzantine Fault Tolerance allows it to almost instant transactions. In terms of these factors, Fantom also beats Visa, which can handle around 24,000. If you compare this to Bitcoin’s 7 TPS and Ethereum’s 20-30 TPS, that’s remarkable.
However, there’s a big but. The whitepaper claims that, but the maximum recorded so far has been 146 tx/s. This puts it in the Top 10 of crypto, far above BTC and ETH. A very good place, but still far from solving the crypto scaling issue.
Its RSI currently stands at 61.95 on the 1-day chart. putting it in the neutral zone. The moving averages indicate a strong buy, while the oscillators signal a buy as well.
As Fantom hits $75.55 million TVL and has a market cap of $1.1 billion, it seems possible to reach this year’s high. The ATH is a bit far at almost $3.
Everlodge (ELDG) Set To Surge x30 at the Launch Date
Both Ethereum and Fantom provide good opportunities, but it seems like this AirBnB of crypto could rake in the biggest profits. Everlodge is a project that will put real estate on the blockchain. This works by minting real estate into NFTs and fractionalizing it so users can purchase properties partially.
This enables users to earn passive income from the property generated without needing to purchase the whole estate and deal with tax forms. Since the real estate market is $280 trillion big, there’s huge room to expand.
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These NFTs are valid collateral for loans, so there’s potential for partnerships with lending platforms like Compound and Aave or stablecoin factories like Reserve.
In any case, this approach brings safe earnings backed with real estate and a huge growth potential. Analysts expect Everlodge to boom 280% during the presale and x30 at the launch date.