Top Altcoin Gainers For 2023: Everlodge (ELDG), Maker (MKR) & Chainlink (LINK)

Everlodge (ELDG): An 80% Rise and the Journey Ahead

Everlodge has been the top gainer this week, rising a staggering 80% during the presale and currently trading at $0.018. The decentralized ecosystem focuses on providing access to the world of luxury real estate and vacation homes.

By combining fractional vacation home ownership, timeshare, and NFTs, Everlodge is introducing a pioneering approach to luxury property investment that is more accessible than ever before.

With NFT technology at its core, each property is meticulously minted into an NFT and then fractionalized. Essential ownership details are securely housed within blockchain-based smart contracts to make buying, owning, and selling properties secure and seamless.

But Everlodge isn't just about ownership; it's about an experience. The Rewards Club, nestled within the platform's ecosystem, serves as a haven for members bestowed with complimentary stays at properties. Members also have the potential to monetize these privileges, turning leisure into a lucrative venture.

Furthermore, Everlodge is setting the stage for the next wave of property development. Developers have a unique platform to raise funds. In return, the community gains early access to avant-garde projects, fostering a symbiotic relationship that propels growth and optimizes returns on investment.

During the presale's third phase, ELDG tokens are currently priced at $0.018 each, marking an 80% increase from the start of the presale just weeks ago. As each subsequent phase progresses, the pricing is expected to rise further, reflecting this innovative model's growing excitement.

Industry analysts are already spotlighting Everlodge's disruptive potential, with forecasts hinting at a staggering 30x growth trajectory for ELDG within the following year.

Building the Future: Swift and Chainlink (LINK)’s CCIP Protocol

Chainlink is up 7% this week after significant progress was made with its CCIP protocol that is building the future of cross-chain infrastructure. Notably, Swift published a report on a POC product that relied on Chainlink's CCIP solution to enable the future of international digital asset payments.

Such a partnership speaks volumes about Chainlink's ability to provide robust and secure infrastructure for cross-chain communication, a crucial aspect of the decentralized ecosystem. The crypto community is desperate for solutions that can facilitate the seamless integration of different blockchains, and Chainlink's CCIP protocol appears to do just that.

At present, Chainlink stands at a value of $7.36. Analysts note that Chainlink's price has fluctuated between $5 and $10 over the preceding years. Experts emphasize the pivotal role of Chainlink’s token within the CCIP, predicting a consequent inevitable rise in demand.

If this adoption can take Chainlink above $10, it could rally to new highs as short positions are liquidated and new buyers come in to take their place. The $100 price mark is seen by many as the first price target, with the most bullish Chainlink supports aiming for $500 before 2030.

Maker (MKR): 11% Gains, but Can It Keep Up with Everlodge (ELDG)

Maker is up 11% this week and making its way to the coveted $2,000 mark as demand for the token snowballs. Maker is a decentralized autonomous organization (DAO) that runs on the Ethereum blockchain and creates Dai, a stablecoin pegged to USD.

Maker has been making significant progress toward creating a fully decentralized stablecoin ecosystem. Their efforts have not gone unnoticed, with several partnerships being formed to help expand their reach and impact.

Maker's value presently stands at $1,462, witnessing a noteworthy surge of 40% within the last month. This progression has drawn the gaze of cryptocurrency aficionados, with many seizing the opportunity to join in after Maker surpassed the pivotal $1,000 resistance level.

The sentiment around Maker is positive, but achieving a 50x may not be possible with its current market cap of $1.45 billion. Meanwhile, emerging competitors like Everlodge are just starting and are expected to explode in value.

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