This article examines three emerging crypto trends. Tron (TRX) and Dogecoin (DOGE) have been on an uptrend. Meanwhile, Everlodge (ELDG), a new web3 project, has attracted investors.
Tron’s bullish trend continues
Tron has performed well despite the current bear market.
According to a recent report, the network processed more than 6.5 billion transactions. Meanwhile, its total value locked (TVL) increased by 2.23%, reaching an all-time high of $6.75 billion.
This expansion has boosted TRX prices. With a market capitalization of $7.9 billion, the coin is up 9% in the last month and is now among the top 10 projects.
Currently, TRX is facing resistance at $0.090. However, experts predict that the bulls will push the coin above this mark towards $0.10.
Dogecoin prices fall
DOGE has remained within a descending triangle since early 2023, falling 17%.
Since then, DOGE has plummeted to $0.05823 in October. However, the coin is approaching the bottom of the bearish descending triangle pattern, which may support the prices. If the bulls break out of this bearish pattern, it could trigger an uptrend.
According to crypto analyst Ali Martinez, a break above this triangle could see DOGE retest $0.0835, with further gains likely to push the coin towards $1.
On the contrary, Martínez warns investors that support at $0.0482 is essential.
Everlodge aims to democratize real estate investment
Unlike Dogecoin and Tron, Everlodge continues to gain prominence.
Everlodge seeks to democratize the hospitality industry by utilizing real-world asset tokenization.
This will allow anyone to invest in a digital asset, a non-fungible token (nft) that represents a hotel, vacation home or luxury villa.
To make it more accessible to investors, the digital asset will be divided into smaller parts. This process, known as splitting, will turn a $2 million hotel nft, for example, into 20,000 pieces. Consequently, Everlodge will offer 20,000 investors the chance to own a fraction of the hotel with shares starting at just $100.
Everlodge is currently in pre-sale and its native token, ELDG, is available for $0.023.
Learn more about Everlodge (ELDG) pre-sale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.
