Cosmosβs IBC Protocol Expands, Polkadot Set for Network Upgrades, and Everlodge Disrupts the Market
Polkadot (DOT) has experienced a surge in value, prompting traders to follow suit and diversify their holdings. Meanwhile, Cosmos (ATOM) has expanded its Interchain by introducing the IBC Protocol. Additionally, Everlodge (ELGD) is gaining momentum with its cryptocurrency ICO and is expected to reach new heights in 2024.
Polkadot (DOT) Network Upgrades: Is $12 Possible?
Polkadot recently released its Daily Digest on December 12, which included a proposal for a decentralized social media platform. The proposal passed with an overwhelming majority of 98.1% in favor. Another proposal to open an HRMP channel also garnered strong support at 99.4%. With the ecosystem expanding and ongoing developments, the price of DOT has seen an increase of 32.7% in the past month. According to Polkadot price predictions, it could reach $12 by the end of 2024.
Cosmos (ATOM) Expansion: Will Price Reach $18.48?
Cosmos has made significant strides with its Inter-Blockchain Communication (IBC) protocol, enabling over 100 chains to transfer $30 billion worth of assets annually. The introduction of the IBC Protocol further supports developer growth and research audiences. With over 100 chains now IBC-enabled and a trend towards EVM migration, Cosmos has experienced an upswing from $9.60 to $11.88 in the past week. Analysts predict that the price of ATOM could surge to $18.48 by the end of 2024.
Everlodge (ELDG) Disrupts the $280 Trillion Market
Everlodge is revolutionizing real estate investment by combining blockchain technology with AI tools. Through fractionalization and NFT minting, Everlodge allows investors to diversify their holdings with smaller capital requirements. Fraction holders retain ownership benefits, such as value appreciation and passive income from rentals. The platform also offers an AI tool that scans global property prices to identify undervalued markets, making it a promising DeFi project. Everlodge is currently in its presale stage, offering ELDG at $0.027 with projections of a 2,500% upswing at launch and listing on Tier-1 exchanges.
Hot Take: Everlodge’s Potential in 2024
As Polkadot and Cosmos expand their ecosystems, Everlodge is poised for significant growth in 2024. With its innovative approach to real estate investment and the anticipated attention from major exchanges, analysts project a substantial upswing of 2,500%. To learn more about Everlodge’s ongoing presale, visit their website.
Noah Rypton stands as an enigmatic fusion of crypto analyst, relentless researcher, and editorial virtuoso, illuminating the uncharted corridors of cryptocurrency. His odyssey through the crypto realms reveals intricate tapestries of digital assets, resonating harmoniously with seekers of all stripes. Noah’s ability to unfurl the labyrinthine nuances of crypto intricacies is elegantly interwoven with his editorial finesse, transmuting complexity into an engaging symphony of comprehension. An unwavering beacon for both seasoned adventurers and neophytes in the crypto cosmos, Noah’s insights forge a compass for informed decision-making amidst the tides of ever-evolving cryptocurrencies. With an artist’s eye for precision, he crafts a distinctive narrative, enriching the vibrant tableau of the crypto landscape.
