Cardano (ADA) and Polygon (MATIC) Potential in 2024
Cardano (ADA) and Polygon (MATIC) have the potential for growth in 2024. Although MATIC did not perform as well as other major cryptocurrencies in 2023, some analysts are optimistic that it could recover this year. ADA rose by 60% in Q4 2023 following a long period of decline. With increased liquidity and defi activity, there could be more upsides. In the meantime, attention is now shifting to the Everlodge (ELDG) presale.
Polygon’s Bullish Signs
Despite initially lagging behind its competitors, MATIC is now showing bullish signs, with its price surging by 25.3% in the last 30 days. Crypto analyst Altcoin Sherpa is optimistic about the token’s future and projects a price target of $1.20 in the short to medium term. Another notable analyst, Ali Martinez, shares a similar view, suggesting that MATIC could reach $1.25 in the short term and $1.82 in the long term.
Cardano’s Potential Retest at $0.80
Cardano may extend gains following a remarkable 60% surge in Q4 2023 and a 150% year-to-date (YTD) growth. Renowned crypto analyst Captain Faibik indicates that ADA is forming a bullish pennant pattern. If it breaks above the pattern’s upper boundary, it could target the $0.80 level. This bullish Cardano price prediction highlights the crypto’s strength, with its relative strength index (RSI) exceeding 70 for the first time since 2021.
Everlodge Integrates AI with Real Estate
Everlodge is a marketplace that aims to reshape how people invest in real estate by leveraging the blockchain. It addresses critical issues in the current real estate investment landscape, including liquidity, transparency, and accessibility.
Each property on Everlodge will be tokenized as an NFT and fractionalized into smaller pieces, costing just $100 each. This opens up the possibility of real estate investment to a broader audience, allowing anyone to become a co-owner of a property with a relatively small initial investment.
In addition to the potential of providing passive income and even rallying, Everlodge also offers a Rewards Club where users can earn free nightly stays at the properties they own fractional shares of.
The platform’s AI tool will continuously monitor and scan global property prices across all territories, providing users with real-time insights into market trends and valuations. This data-driven approach is invaluable for investors seeking to make informed decisions.
The Everlodge presale is ongoing. In stage 9, ELDG is trading at $0.029. Over 4.5 million have been sold. As the project evolves, analysts are bullish on its prospects.