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Welcome to our exploration of three hidden gems in the cryptocurrency market, each with a price under $1 yet holding immense potential for growth — Everlodge (ELDG), Sei (SEI), and Conflux (CFX). Among these, Everlodge is an especially tantalizing prospect as it is still in the presale phase, offering a chance for early investors to get in on the ground floor. Let’s delve deeper into these promising cryptocurrencies.
Everlodge (ELDG): 30X Gains Predicted Upon Launch
Everlodge is an upcoming decentralized finance (DeFi) platform that aims to revolutionize the $280 trillion real estate industry by bringing transactions on-chain. This has the potential to simplify and streamline property sales, reducing fees and increasing transparency for all parties involved.
The real game-changer is using fractionalized NFTs to represent luxury properties from around the world. Now, just $100 is enough capital to own a piece of real estate in Beverly Hills or the Maldives, and investors can earn passive income through rental dividends.
Everlodge benefits all sides of the industry, as the platform’s Launchpad features allow property developers to raise funds for new projects and gain exposure to a global market. Everyone wins with Everlodge, which is why the ELDG token is expected to soar 30x upon launch.
Taking a closer look at the ELDG token shows that there is huge utility baked into the project. Token holders receive discounts on fees, get the best deals at hotel stays, earn rewards through staking, and more as the platform expands.
The excitement is already spreading as the ELDG token has surged 170% since the start of the presale. The price of $0.027 is still a huge discount, as this price will keep rising until all tokens offered in the presale are sold.
Analysts are highly optimistic about ELDG’s future, predicting a remarkable 30x value increase after listing on major exchanges. As Everlodge continues to expand its partnerships with various hotels and luxury properties globally, the sky’s the limit for how far it can soar in the market.
Sei (SEI) Price Prediction for 2024
Sei is perhaps the faster Layer-1 blockchain that is built for DeFi. It has 380ms transaction finality and can process 20,000 orders per second, so it’s perfect for high-frequency trading. This is thanks to the Twin-Turbo consensus mechanism, which combines Proof of Stake and Byzantine Fault Tolerance.
Unsurprisingly, Sei is one of the most heavily backed projects by top venture capitalists, including Multicoin Capital and Foresight Ventures. This has allowed them to launch the $120M Sei Ecosystem Fund to support developers, entrepreneurs, and projects built on the Sei blockchain.
But what about the price? Sei has rallied from $0.096 at the end of October to a peak of $0.32 on December 5th. While the price has corrected to $0.23 today, it’s important to note that Sei is still in its early stages, and many experts predict a potential price of $2 or more by 2024.
Sei has a fully diluted market cap of $2.36 billion. This may sound high, but it’s important to note what Sei is trying to achieve and its potential impact in the DeFi space. If Sei can remain the fastest layer-1 project, we can expect the TVL of $3 million to soar and the market cap to hit at least $20 billion.
Is Conflux (CFX) a Good Crypto for 2024?
Conflux is a blockchain platform that combines PoW consensus with a Tree-Graph algorithm to offer faster speeds at a secure and scalable level. Conflux even allows for data transfer between different chains via the ShuttleFlow asset bridge.
Such an impressive tech stack has attracted investors like Fundamental Labs and IMO Ventures. It’s no surprise that Conflux has raised more than $68 million as it seeks to build out its ecosystem and onboard developers.
Conflux has been one of the best-performing altcoins in 2023, with the price surging from $0.02 at the start of January to a yearly high of $0.48 in March 2023. Currently trading around $0.17, analysts believe Conflux could reach a price of $2 or more by 2024. This would give Conflux a fully diluted market cap of over $10.6 billion.
However, Conflux must prove its worth via TVL and daily active users (DAU) metrics. While the TVL has grown from $4.45 million to $23.40 million over the last eleven months, it needs to increase significantly to justify a $10 billion+ market cap.
