Solana led the crypto market rally in November, with more than 100% gains. A top analyst has predicted that Cardano (ADA) could lead the gains in December. Meanwhile, the rapid growth rate of Kaspa and the new property marketplace has made them too big to ignore.
Cardano Has Formed a Golden Cross Pattern, Gambardello Gives Price Target
Although Cardano has consolidated for most of 2023, analysts have now spotted a bullish pattern that could change its trajectory. The price of the Cardano coin has formed a bullish golden cross pattern on the daily chart. This happened after the ADA price gained more than 50% on the monthly chart to break above $0.3800.
On the daily Cardano price chart, the 50-day MA has moved above the 200-day MA, confirming the golden cross pattern. This is a long-term bullish indicator that could see the price of Cardano experience a meteorically over the next few months.
Shortly after this pattern was spotted, Dan Gambardello – the founder of Crypto Capital Venture – shared his bullish outlook. According to Gambardello’s Cardano price prediction, ADA could hit an all-time high of approximately $11 by 2025. He also predicted that the Cardano market cap could reach $400 billion.
Kaspa Has Maintained Market Growth Since Listing on Binance
The Kaspa crypto gained popularity after it introduced a model that allows multiple blocks to coexist in parallel. Because of this, the Kaspa network is more efficient and has a better throughput than other blockchains.
The largest centralized exchange in the world, Binance, recently added the KSP cryptocurrency. The network’s rapid expansion is the result of its recent listing. With the listing, Kaspa’s price surged 50% on the 7-day chart, pushing it into the bullish zone.
On the monthly chart, the Kaspa coin has now increased by more than 158%. The recent surge has extended the year-to-date gains of KSP to 2,300%. Kaspa has now earned a top 30 position on cryptos ranked by market cap with over $2.76 billion.
Everlodge’s Marketplace Gains Massive Attention
Just like Kaspa, the marketplace of Everlodge has grown too big to be ignored in the crypto space. The reason for the growth of Everlodge is its connection to the $280 trillion real estate market. The project has built the first blockchain marketplace to solve problems that have limited access to properties.
Adopting the concept of real-world asset tokenization, Everlodge will list properties on the platform as NFTs. Unlike regular NFTs, the NFTs are tokenized versions of the properties. This means that as the property appreciates in value, the price of the NFT would increase as well.
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Everlodge has also adopted fractionalization to solve the problem of expensive properties. These tokenized properties will be fractionalized, with each portion representing a share of the property. By doing this, Everlodge seeks to encourage every investor to participate in the real estate industry with as little as $100.
Because Everlodge has tapped a $280 trillion market, analysts have forecasted bigger gains for the altcoin. By the end of the bull market, the ELDG has been projected to gain more than 3,500%. You now have a great opportunity to join the next blue chip crypto project as ELDG is sold for only $0.025 in its seventh crypto presale stage.