Why Are Analysts Bullish On Everlodge, Solana, TRON (TRX)?

The cryptocurrency market has bounced back in September. Projects like TRON (TRX) and Everlodge (ELDG) have increased in value, while bullish investors wait for Solana (SOL) to surge despite its recent negative performance.

As we move into Q4, analysts predict that Solana, TRON and Everlodge will be the best performing cryptocurrencies. Here’s why.

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Everlodge Uses DeFi To Disrupt Travel Real Estate

Everlodge (ELDG) is the world’s first DeFi marketplace designed exclusively for travel properties. The platform gives everyday investors the opportunity to invest in some of the world’s best travel homes, hotels and luxury villas, all for as little as $100. So how does it work?

Using the Everlodge marketplace, investors begin by searching for a property they would like to purchase. Once found, they can buy a fractionalized NFT that represents a percentage of the total property ownership. For example, buying an NFT that represents 20% in a $1 million villa.

By using NFTs, investors can reduce the barriers to entry for property investment. For example, no credit checks will be required, and investors can purchase properties regardless of their country of origin. An investor from Asia can easily purchase property in Europe and vice versa.

?Stage 2 presale is ALMOST SOLD OUT!!

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— Everlodge (@EverlodgeHQ) September 11, 2023

After they buy an NFT, an investor will earn a passive income stream from the property they now have ownership in. The amount they earn will be based on how much of the property they own. Additionally, if the value of a property increases, so will the investors NFT.

Everlodge itself is completely decentralized. Investors can buy NFTs anonymously should they want to, and third parties such as banks won’t be required for the transaction to take place. In addition to its marketplace, Everlodge will also offer a launchpad for property developments, and an exclusive Rewards club. Club members will be able to win a number of rewards, including free stays at properties owned by Everlodge.

Everlodge tokens are currently selling at just $0.018 during stage 3 of the project’s presale. The stage is already 45% sold out, and is expected to sell out entirely over the next week. Once sold, the price of ELDG tokens will increase.

Is Solana Undervalued?

Since it was categorized as a security by the U.S. Securities and Exchange Commission Solana (SOL) has faced several price declines. Within a month Solana had fallen below $15, though it has since started to recover. At the time of writing Solana was trading at $19.60, a 4.32% increase over the last week.

Given Solana’s growing influence throughout DeFi, experts believe that Solana’s currently undervalued. During the next bull market, experts predict that Solana will surge exponentially, potentially hitting an all-time high in the process.

TRON Reaches 5 Million Transactions

TRON (TRX) recently hit a major milestone of 5 million transactions. This was a huge win for TRON, which has faced several setbacks throughout 2023. Since hitting this milestone, TRON has increased in value by 11.63%, taking its price to $0.08358.

As a relatively low cost cryptocurrency, analysts are bullish about TRON due to its influence throughout the Asia cryptocurrency market. Its market influence has grown dramatically throughout 2023, and therefore investors believe that TRON could increase in value during Q4. As a result, TRONs trading activity has increased over the past week, and some experts predict that TRON could hit $0.1 by the end of October.

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