The post February Bullish Curve: The Graph (GRT) and Polygon (MATIC) Emerge as Top Earners, Everlodge (ELDG) Completes Airdrop appeared first on Coinpedia Fintech News
A bullish sentiment swept across a number of tokens since the turn of February. Some of the top altcoins that gained from the market uptrend are The Graph (GRT) and Polygon (MATIC). With the bull run coming soon, analysts project more bullish sentiment for the tokens in the coming weeks. Meanwhile, Everlodge (ELDG) has completed its first tranche of the token airdrop following increased market activity for the token. Find out more below.
Everlodge (ELDG) First Tranche of Airdrop Completed, Seeks to Launch on Tier-1 Exchange
Following the conclusion of Everlodge’s (ELDG) presale phase, the project has begun airdropping ELDG tokens to the wallets of early investors. So far, up to 25% of the token has been airdropped, resulting in an increase in market activity. Investors should expect more airdrops soon. Meanwhile, the increasing market activity of the ELDG token on the Uniswap exchange might lead to a surge in the token’s value in the coming days.
Having already generated up to 200% ROI for early investors, the ELDG token has demonstrated its growth potential. In the same way, experts back the token to see a 50x increase in price value within the year, ahead of top-performing tokens like The Graph and Polygon. As such, it is wise to invest in the token now for future gains.
Meanwhile, Everlodge is setting up an innovative property marketplace on the blockchain where individuals can invest in profitable real estate assets. With Everlodge, individuals will get ownership rights to luxury properties when they buy fractionalized NFTs that act as digital representations of these properties.
With as little as $100, investors can purchase these NFTs, which represent these assets. Owning these top NFTs from Everlodge directly gives you access to a share of the revenue generated from the properties that these NFTs represent.
While the presale has closed, analysts have projected a 35x rally for the ELDG token when the project is launched. The platform is also making plans to list the token in Tier -1 exchange in the coming weeks.
As the world’s first property marketplace that combines fractional vacation home ownership and NFT technology, Everlodge will serve as a gateway to the $280T luxury real estate industry. Now is the best time to invest in the project at a very good price point.
Significant Bullish Momentum for The Graph (GRT) Despite Negative Trading Volume
The Graph (GRT) token witnessed a price rally in February to record a significant market uptrend. According to market stats from CoinMarketCap, The Graph price rose by up to 44% within the last week alone. Over the past month, the token price surged by up to 60%.
This series of bullish sentiment has seen the token reach its current price value for the first time since May 2022. Meanwhile, The Graph trading volume has been on a decline despite the bullish momentum of the token. The declining trading volume is likely to affect the ongoing rally in the coming days. However, analysts believe The Graph token price will reach the $0.5 price point before the end of Q2 of 2024.
Milestones in Sight for Polygon (MATIC) as it Looks to Maintain Bullish Trend
Polygon (MATIC) is on course to establish a strong support level above the $1 mark. Given that Polygon has traded for less than $1 since May 2023, the imminent milestone will be a significant achievement that could trigger an extended bullish run. While Polygon briefly reached $1 in December, the token went on a bear trend before the recent price rally.
According to the market stats, the Polygon price has gained up to 27% in the past 30 days to stand out as one of the top altcoins in the market. At the current trajectory, experts believe it is only a matter of time before Polygon establishes firm support above $1.
For more information about Everlodge (ELDG) please visit their website.