Kaspa (KAS) has surged more than 30x this year as it aims to become the leading PoW blockchain. But with a market cap now in the billions, just how high can the price of Kaspa go? We also turn our focus to Everlodge, a groundbreaking project set to revolutionize the $280 trillion real estate industry. Currently in its presale phase, Everlodge presents an opportunity for early investors to get in on the ground floor of a project predicted to surge by 100x in the coming year.
The Background of Kaspa (KAS)
Kaspa has a mission to be the fastest instant-confirmation distributed ledger. Notice that I didn’t call it a blockchain? That’s because Kaspa uses a DAG consensus mechanism called GHOSTDAG, which processes blocks in parallel rather than in series. This means faster transaction throughput and settlement times, making it an attractive option for real-world use cases.
Kaspa was founded by Yonatan Sompolinsky, who invented the Ghost protocol that Ethereum is currently using. Yonatan has taken his early knowledge of Ghost and combined it with his expertise in DAG to create Kaspa, a project that has the potential to surpass even Ethereum’s success.
Another benefit of GHOSTDAG is that blocks are processed in just one second. The Kaspa team aims to eventually get to 100,000 blocks processed per second, making it one of the fastest blockchains.
Kaspa (KAS) Price Prediction for 2024
With such impressive technology behind it, it is no surprise that the price of Kaspa has seen a meteoric rise from $0.0050 at the year’s beginning to a recent peak of $0.15500 — 3,000% gains in under one year.
Kaspa now has a market cap of over $2.6 billion, making it the 28th largest cryptocurrency in the world. But what does the future hold for Kaspa, and can it still grow from here?
Experts note that Kaspa has a similar philosophy to Bitcoin, but allows for micropayments and is more scalable. This makes it a strong contender for mass adoption as industries move towards decentralized systems. However, it is worth noting that Kaspa is unsuitable to replace Bitcoin as the effort to take down SHA256 mining power is considerably higher than with Kaspa.
Analysts note that Kaspa has a predictable token emissions schedule with no pre-mining or VC funding, meaning supply and demand will be the main driving forces behind its price. This is a positive sign for investors who see Kaspa as a long-term investment opportunity.
All of this combines to make Kaspa a promising project in the blockchain space, with experts predicting that it could reach a price of $1.00 in 2024 to achieve a market cap of $21.80 billion.
Everlodge (ELDG): The Platform Dominating a $280T Market
Everlodge is a blockchain-based property marketplace that enables fractional investment in real estate. Such an innovative approach to the $280 trillion global real estate market has caught the attention of many investors, with its native token ELDG surging 170% during a presale event.
The brilliance of Everlodge is rooted in its utilization of NFTs for representing property ownership. This eliminates the barriers that have traditionally kept smaller investors from the real estate market. With Everlodge, anyone can invest in properties without needing to fork out huge sums of money or go through complicated legal processes.
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
It’s not just the general public who benefits from this innovation, as Everlodge’s Launchpad allows developers to tokenize their properties for a new fundraising stream. In return, investors can access highly lucrative real estate deals previously out of reach.
Then there is the Rewards Club. Here, members can accumulate a certain number of free nights annually based on their membership tier. Additionally, these free stays can be resold by members, providing an opportunity for generating passive income.
Predicting a 30x Surge Post-Exchange Launch
The native ELDG token sits at the center of all these activities. There is a total supply of 800m tokens, with 480m available in the presale. However, more than 280m have already been purchased in the earlier presale rounds, so time is running out for interested investors.
MGLS holders receive staking rewards, discounts on stays across the ecosystem, discounts on fees, and free nights at Everlodge properties. These rewards incentivize the community to hold on to their tokens, leading to a reduction in circulating supply and driving up the token’s value.
The phase eight price of $0.027 per MGLS allows one to get in on the ground floor of the next big leap in real estate. Analysts are buzzing with anticipation, forecasting that ELDG could soar by 30x on the day that Everlodge launches — a potential windfall reminiscent of the early days of Kasper.
