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Monero (XMR), Toncoin (TON), Everlodge (ELDG) – Top 3 Cryptos Analysts Are Stockpiling, But Why?

Monero (XMR), Toncoin (TON), and Everlodge (ELDG) are three cryptocurrencies that analysts are stockpiling. Discover the reasons behind their popularity.

Everlodge
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Monero (XMR), Toncoin (TON), and Everlodge (ELDG) - three tokens have been gaining traction among crypto enthusiasts and analysts. And with analysts constantly looking for tokens that bring innovation, these cryptos appear to fit that description. Explore this article to find out the reasons behind their growing popularity.

Summary

  • Monero shows an upward trajectory
  • Toncoin introduces the Tact programming language
  • Everlodge to overhaul the real estate market

Monero (XMR): Outstanding Privacy Coin

Monero (XMR) is known for its strong emphasis on privacy and security. Its privacy-focused blockchain ensures that transactions are confidential and untraceable, making it a top choice for users who prioritize anonymity. With concerns about privacy in the digital age, Monero's features have attracted users looking for a private means of exchange.

Moreover, the Monero price soared from $133 to $168 from June to July as the general crypto market saw an upward trajectory. The Monero interest rose as Bitmain announced its new specialized miner - Antminer X5.

Due to all these reasons, experts remain bullish for the Monero coin as they foresee a $206.60 price for it by the end of 2023.

Toncoin (TON): Showing Great Potential

Toncoin (TON) is a promising long-term investment option thanks to its recent achievements. For instance, introducing Tact, a new programming language tailored for crafting smart contracts on the Toncoin blockchain, signifies a significant milestone.

This innovation showcases Toncoin's commitment to advancing blockchain technology and opens up a realm of untapped opportunities. The novelty of the Toncoin blockchain and the capabilities offered by Tact make it an attractive choice for aspiring blockchain developers and entrepreneurs looking to harness its potential.

As the blockchain space continues to evolve, Toncoin's commitment to innovation positions it as a strong contender for long-term growth. Thus, analysts believe that the Toncoin crypto could continue seeing price increases. As a matter of fact, they predict the Toncoin price will reach $2.83 before the year ends.

Everlodge (ELDG): Real Estate Revolution

Everlodge (ELDG) is generating buzz as it seeks to disrupt the real estate market. It brings liquidity to a traditionally illiquid market by offering fractional ownership of luxurious properties. Analysts are bullish on Everlodge because it addresses issues in the real estate sector, providing investors with opportunities for diversification.

For example, traditional property ownership often requires substantial capital, making it inaccessible to many. Everlodge tackles this issue by introducing fractional ownership through blockchain technology. Villas and hotels are digitized and minted into NFTs on this property marketplace. Not only that, these NFTs are then fractionalized.

With this innovative approach, Everlodge opens the $280T real estate market to small-scale investors. Also, property-backed NFTs on the Everlodge platform can be sold or traded on its secondary marketplace, providing users with newfound flexibility and liquidity.

The ELDG native token lies at the core of this platform, worth just $0.016 as it is in Stage 2 of its presale. However, what separates ELDG from its peers like Monero and Toncoin is its low market cap of $7.6M. In other words, it will surge faster as it needs less new funds. Therefore, analysts predict that Everlodge could see a price hike to $0.035 before its presale ends.

Find out more about the Everlodge (ELDG) Presale