Seeking the next high-growth altcoin is on the daily agenda of just about any trader, and according to analysts, Algorand (ALGO), Stacks (STX) and Everlodge (ELDG) could potentially surge in value. Now, they are analyzing the on-chart data to see which one can climb to $1 first in 2023. To see this, we will also be going over all of these altcoins in detail.
Summary:
- Algorand can reach $1.01 by 2028
- Stacks can surge to $1.04 by 2024
- Everloge can climb to $1 by the end of 2023
Click Here To Find Out More About The Everlodge Presale
Algorand (ALGO) Future Value
The price of the Algorand (ALGO) cryptocurrency is $0.107379 as of August 4, 2023, with a 24-hour trading volume of $27,250,308. In addition, this represents a 0.89% price increase within the past 24 hours and a 2.47% decrease in the past seven days. With a circulating supply of 7.8 billion ALGO, the Algorand crypto is valued at a market cap of $837,707,973.
During the past week, its low point was at $0.106128, while its high point was at a value of $0.112014. The cryptocurrency ranks 49th on the top 100 crypto list, but it can go higher.
Based on the Algorand price prediction made by analysts, the cryptocurrency is primed to reach a value of $0.14 by the end of the year. In addition, they predict that by the end of 2028, the Algorand crypto can spike to $1.01.
Stacks (STX) Growth potential
On the other end, there is Stacks (STX), a cryptocurrency that trades at $0.590411 and has a 24-hour trading volume of $10,808,421. In addition, this represents a 4.33% decrease in the value of the last 24 hours. However, in the past year, the Stack price has been up by 26.2%. Moreover, it has a circulating supply of 1.4 billion STX and a market cap of $824,727,964.
During the past week, the cryptocurrency saw its low point at $0.586171, with its high point of value at $0.629175. According to the Stacks price prediction, it can peak at $0.78 by the end of the year and reach $1.04 by the start of 2024. The Stacks crypto can reach $1 quicker than Algorand, but there is another altcoin that can get there even faster.
Everlodge (ELDG) To Reach $1 In 2023
Everlodge solves one of the key issues found with traditional real estate, and that’s the barrier of entry. Traditionally, people would need to have a lot of upfront capital or get a large loan and even a mortgage in order to enter the asset class.
However, through Everlodge, real estate can get created into an NFT, which then gets fractionalized. Each individual investor can then just buy a fraction of an NFT.
For example, if a property is worth $1,000,000, they could buy a fraction worth $1,000 or even $100, depending on their budget.
This significantly lowers the barrier of entry surrounding it and makes an otherwise illiquid asset extremely liquid. In addition, Everlodge features a dedicated marketplace where anyone can co-own luxury homes, villas, or hotels.
Holders of the ELDG token can stake it in order to get passive income. There will also be a Launchpad and a rewards club. At the presale stage, the token trades at just $0.01, and analysts believe it can surge to $1 upon its launch.
Find out more about the Everlodge (ELDG) Presale Today
Website: http://www.everlodge.io/
Telegram: https://t.me/everlodge
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