Monero (XMR), Aave (AAVE), and Everlodge (ELDG) - are three tokens that market analysts are keeping an eye on in September. While the crypto market is known for its volatility, these top picks have unique features and strong fundamentals. Keep reading to find out what these features are.
Summary
- Monero price prediction
- Aave achieves a new loan record
- Everlodge to tap into a billion-dollar market and change it forever
Monero (XMR): Privacy and Security
Monero (XMR) has been one of the leading privacy-focused cryptocurrencies. It employs advanced cryptographic techniques to ensure transaction privacy and anonymity. In a world where data privacy is becoming increasingly important, Monero's ability to provide untraceable and unlinkable transactions sets it apart.
Advertisement
Market analysts are optimistic about the potential growth of the Monero coin due to its strong focus on privacy and security. As regulatory concerns in the crypto space continue to rise, privacy coins like Monero are attracting more attention. Therefore, Investors seeking a coin that prioritizes user anonymity may find Monero to be an appealing choice.
Due to all these reasons, analysts predict that the Monero price may sit between $181.72 and $206.60 by the end of 2023.
Aave (AAVE): To Continue Dominating the DeFi Space
Aave (AAVE) has been a prominent player in the DeFi sector, allowing users to earn interest on their crypto assets through lending and borrowing. It has gained a strong following within the DeFi community with a user-friendly interface and a wide range of assets.
Advertisement
Market analysts believe the Aave crypto dominance in the DeFi space positions it for potential growth in September. A record of $100M in Aave V3 loans occurred in recent Aave news. This surge in loan activity may have come after introducing sDAI (synthetic DAI) and favorable ETH borrowing costs within the Aave ecosystem.
Aave's innovative solutions for lending and borrowing crypto assets could attract even more users and investors. Therefore, analysts foresee Aave trading at $84.15 within Q4 of 2023.
Everlodge (ELDG): Real Estate Reimagined
Everlodge (ELDG) is just a presale, but it's already generating significant interest. This groundbreaking project aims to revolutionize the real estate market by using blockchain technology and NFTs.
To clarify, Everlodge will build a property marketplace where anyone can fractionally own a luxurious villa or hotel. It accomplishes this by digitizing and minting these properties into NFTs, which are then fractionalized and can be invested in for prices as low as $100. As a result, Everlodge solves the issue of only wealthy individuals tapping into this booming market.
Market analysts are closely watching the Everlodge presale as it provides access to the ELDG native token for a discount price. Holding this token will bring free nightly stays in various properties, staking rewards, governance, and more. Currently, one ELDG token is worth just $0.016 as it is in Stage 2 of its presale - a 60% surge from its starting price.
Advertisement
Not only that, unlike Monero and Aave, market analysts are more drawn to Everlodge thanks to its real-world ties to the vacation rental market (valued at $82.63B in 2022). Therefore, its long-term growth potential is excellent. Consequently, some foresee a $0.035 price for the token before its presale ends. Thus giving this token a potential blue-chip status.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.
