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HomePress ReleaseTop Cryptos Redefining The Crypto Landscape, Hedera, Everlodge, Fetch .ai

Top Cryptos Redefining The Crypto Landscape, Hedera, Everlodge, Fetch .ai

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Three potentially revolutionary cryptocurrencies to keep an eye on in 2024 are Hedera, Everlodge, and Fetch.ai. Each project experienced a strong performance in Q4, and have been outlined by analysts for their disruptive potential. Here’s why investors should consider adding Hedera, Everlodge, and Fetch.ai to their portfolios.

Will Hedera Gain Mainstream Traction In 2024?

Hedera is often overlooked by many of DeFi’s top altcoins. However, it has huge potential. The decentralized project lets companies build their own decentralized ecosystems. While this is similar to many projects, Hedera has already been adopted by Google, IBM, Boeing, LG Electronics, and Deutsche Telekom.

Nonetheless, Hedera has remained under the radar. In 2023, the project’s value increased by 127% to $0.8758, and according to experts, could be on track to hit an annual high over the next few weeks. Chart analysis suggests that Hedera could pass its former annual high of $0.0987, after which experts believe Hedera could pass $0.1.

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This milestone would be a significant boost for the Hedera ecosystem and may speed up the altcoins adoption.

Everlodge Is Redefining Holiday Home Ownership

Everlodge is a new DeFi project offering great tokenomics, fantastic returns, and a revolutionary new application. It’s the world’s first decentralized marketplace for holiday homes and lets investors co-own holiday properties with investments starting at just $100. Here’s how it works.

To begin, holiday homes, villas, and hotels are digitized and minted as NFTs. Their titles, deeds, and ownership will all be stored inside the metadata of the smart contract, significantly reducing the amount of paperwork per transaction.

Once minted, the NFT is fractionalized, allowing investors to buy small fractions instead of the entire property.

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For example, a $2m villa in Portugal is minted into an NFT and fractionalized into $20,000 fragments. Investors will then be able to purchase fractions and will have ownership as long as they hold their NFTs. They will then generate a passive income based on their total ownership.

This is the first time that DeFi technology has been applied to the holiday home market, and is expected to become a popular alternative to traditional purchasing methods.

Everlodge is currently in stage nine of its presale, and its native token, $MGLS, is selling for $0.029. Token holders will be granted a myriad of benefits within the Everlodge ecosystem. The most notable of these is free stays at properties within the Everlodge ecosystem. This benefit is unique to Everlodge and has already been praised by investors.

Upon launch, experts predict that Everlodge’s value will surge by at least 30x. Within a year the platform is expected to gain significant traction, and within a decade could be the best way to buy a holiday home.

Fetch.ai Pioneers Real World DeFi Advancements

Fetch.ai dominated the DeFi space in 2023, increasing in value by 566%. This unique project hit several significant milestones, and now, Fetch.ai is taking its AI technology to the next level in 2024.

In late December, Fetch.ai announced a new integration with GraphCast, an AI weather forecasting model. This collaboration is expected to help advance forecasting and is a sign of how Fetch.ai can pioneer DeFi and real-world developments.

At the time of writing Fetch.ai was trading at $0.6527 and increased in value by 14% in December. Fetch.ai’s daily trading volume was also up 40% to $139 million, signaling growing confidence in one of DeFi’s fastest-growing projects.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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PR DESK
PR DESK
PR Desk is a guest author on TheCryptoBasic and only delivers sponsored content. Hence, views and opinions published under PR Desk are exclusively theirs and should not be taken as investment advice. If you want to publish your PR, please contact hashim@thecryptobasic.com or support@thecryptobasic.com

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