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Cathie Wood Mentions a Bitcoin Proof of Concept, DeFi Tokens To Watch Are Everlodge (ELDG), Avalanche (AVAX), and Conflux (CFX)

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The founder of Ark Invest, Cathie Wood, has recently turned the spotlight on an intriguing Bitcoin proof of concept, mentioning the US Space Force Major Lowery’s request to integrate it into the Defense Department as an ‘offset strategy.’ As the community awaits further details, attention shifts to DeFi tokens that have caught global attention, notably Avalanche (AVAX), Conflux (CFX), and Everlodge (ELDG).

While Avalanche and Conflux are well-known projects, Everlodge is a new ICO that has made headlines recently. Currently, in Stage 7 of its presale, many experts foresee a 3,000% price surge in 2024 – let’s find out why.

Why Is Avalanche Crypto Rising?

The Avalanche crypto price has skyrocketed since the start of December, rising from $21 on December 1st to $26 on December 7th. This can be attributed to the recent Avalanche crypto news that JPMorgan’s Onyx is utilizing its network for tokenized funds.

From a technical perspective, we can also notice that sentiment around the Avalanche crypto is bullish. It has experienced 21/30 (70%) green days in the past month while also sitting above its 50 and 100-day EMAs.

Due to these reasons, experts predict a potential rise to $28 before 2023 ends for this DeFi coin.

Conflux (CFX) Shows an Upswing As New Partnership Emerges

The Conflux crypto has also gained attention in the past week. The Conflux price has pumped from $0.149 on November 30th to $0.19 on December 7th. The recent positive Conflux news that it has partnered up with FORDEFI and DWF Labs has helped this rally continue. This collaboration may help Conflux attract institutional clients and enhance its trajectory.

Regarding the technical analysis, Conflux is showing green all across the board, with 24 technical indicators showing buy signals. Moreover, its Fear & Greed index now sits at 72 (Greed).

Analysts have taken notice of all these factors when making their Conflux price predictions. They forecast a potential run to $0.21 for Conflux before the end of December 2023. This makes Conflux a good crypto to buy now.

Everlodge (ELDG) Redefining Property Ownership

Everlodge (ELDG) will soon become a game-changer, reshaping the landscape of vacation home ownership. Although the real estate market is valued at $280T, only the wealthy few may access it since you need a high capital to make investments. But Everlodge will disrupt this by creating a unique property marketplace that will mint luxurious properties into NFTs and then fractionalize them. Therefore, you can fractionally own them for a low price and join the world’s top 1%.

The ELDG utility token is a vital component of the Everlodge ecosystem. It will bring you staking rewards, discounts on transaction fees, and exclusive access to Everlodge’s private members club. You will gain free nightly stays in various Everlodge properties (like a timeshare) when you join this club. However, what makes Everlodge stand out is that you can turn these stays into passive income by selling them if you do not wish to use them.

 

We’re thrilled to announce that our website just got a makeover! 💻

Check out the fresh look and discover the NEW features we’ve added. It’s all about making your experience even better!

Plus, remember that our Presale is still ON.

Explore now: https://t.co/SIYWBylwQD#RWA pic.twitter.com/aTuT8x7z36

— Everlodge (@EverlodgeHQ) October 23, 2023


These features have resonated with investors as they flood this crypto ICO event to obtain the ELDG token before its price rises. It is in Stage 7 of its presale and costs only  $0.025. Millions of tokens have been sold already, as those who bought them early enjoy a 150% ROI. If Everlodge gains the adoption it deserves, it could become the best DeFi crypto – rising 30x when it hits exchanges.

Closing Remarks

With Bitcoin continuing to capture the imagination of global investors, DeFi coins such as Avalanche crypto and Conflux will follow suit. But Everlodge may be in a league of its own thanks to its real-world connections to the global hospitality industry (valued at $4T in 2022). Its low market cap of $13M also gives Everlodge the upper hand as it may surge way faster than both AVAX and CFX.

For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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