With a potential crypto bull run coming up in 2024, investors are currently scanning the crypto space looking for which tokens to buy. Fortunately, analysts and market experts have picked three top tokens that can perform well in the upcoming bull run. They are Pepe, Apecoin, and Everlodge.
Can Pepe (PEPE) Mirror Its 2023 Price Rally in 2024?
Pepe Coin (PEPE) is a frog-themed memecoin that gained huge popularity in April 2023. The meme coin quickly climbed the ranks competing with the likes of Shiba Inu and Dogecoin. During its bull season in May, the Pepe crypto price increased about 7,000% to reach a peak of $0.000004354.
In addition, the PEPE coin had a market capitalization of about $1.8 billion in May, which it achieved one month after its launch. PEPE was able to enter the top 100 cryptos by market cap because of the hype surrounding the project. The price of the PEPE coin dropped to $0.0000007162 in October.
Still, analysts and experts are bullish on the potential of the Pepe coin. They believe the token which adopts a deflationary model to increase scarcity will recover in the 2024 crypto bull run. As a result, experts foresee the Pepe coin price reaching $0.000001621 in 2024.
Apecoin (APE) To Reach $10 In 2024 – Analysts
ApeCoin (APE) is an ERC-20 token and the native token of the APE ecosystem. The company behind ApeCoin is Yuga Labs, a big player in Web3 and NFT markets. In March 2022, ApeCoin’s value shot up to $39.40 due to the high interest from the crypto community.
Unfortunately, things took a different turn in May after the collapse of the Terra ecosystem. The whole crypto market including Apecoin witnessed a massive decline with APE dropping to about $3. Ever since, ApeCoin’s price has been going down steadily.
The APE token is trading close to its all-time low of $1.00 in October 2023. However, analysts are bullish on APE given its use case in the Apecoin ecosystem. They have forecasted a price recovery in 2024 and see Apecoin reclaiming the $10 level.
Everlodge (ELDG) To Surpass Pepe and Apecoin in 2024
Everlodge is working on a web3 marketplace where people can own real estate properties with little capital. The platform will use fractionalized NFTs to represent smaller portions of these high-value properties. The goal is to make vacation rentals and real estate accessible to more people.
With Everlodge, you can become a co-owner of a luxury villa or hotel for as little as $100. Individuals can co-own these high-value assets with their fellow investors. The ecosystem will also feature a Launchpad where users can invest early in projects to maximize their profits.
The ecosystem will be powered by a utility token, ELDG. Everlodge has benefits for investors, who purchase and hold the token. They will enjoy complimentary nights, exclusive discounts, giveaways, etc. Further, you can stake your ELDG tokens to earn passive income.
Everlodge is currently in the fourth stage of its presale, garnering partnerships from Uniswap, Amazon Web Service, and Airbnb. You can participate by buying tokens for just $0.019. Market experts have predicted a 5,000% increase in value during the 2024 crypto bull run.
