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Cryptocurrency traders often look for opportunities beyond the mainstream and today we focus on why Solana (SOL), Everlodge (ELDG), and Avalanche (AVAX) have held their own.
SOL and AVAX have consolidated, while currently in stage 8 of their pre-sale more than 12 million ELDG have been sold.
Solana is rising
Solana (SOL) has continued an upward trend, going from $86 on December 21 to $92 on December 22.
This increase is related to Paxos' expansion of its stablecoin issuance to Solana.
Solana has been bullish in the last month and its Fear and Greed index is at 74, indicating positive signs.
Some crypto experts say the coin may reach $106.12 by January 2024.
Everlodge announces 30% deposit bonus offer
Everlodge is a fractional real estate nft marketplace that allows people to own shares of property for as little as $100.
It has announced deposit bonuses of 30% for existing holders and 35% for those who deposit between December 14 and 18.
As a result, interest is increasing and people are considering pre-selling it.
ELDG will be the main currency of the market. Holders can bet and receive rewards. They can also trade and receive discounts.
In the Stage 8 pre-sale, ELDG is trading at $0.027. Early adopters are already up 170% at this price.
Everlodge aims to dominate the $4.5 trillion global hotel industry.
Analysts predict that ELDG will reach $0.038 before the pre-sale ends. More gains are expected once it is listed on major exchanges.
Avalanche crypto News
Avalanche has burned over 4 million AVAX since its launch.
AVAX rose from $40.82 on December 15 to $44.57 on December 22.
Currently, the coin is trading above its 50 and 100 day EMAs. Furthermore, more than 28 technical indicators are showing bullish signals.
Experts say AVAX could reach $48.54 before the end of December 2023.
Looking to the future
While all three altcoins are noteworthy, Everlodge stands out.
Analysts are bullish on ELDG due to its lower market capitalization of $14.3 million. ELDG needs only $14.3 million for its price and its profitability doubles.
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