Polygon (MATIC) has been making headlines recently due to its delisting from the Binance exchange, a move that has left many investors wondering about its future. This article will explore what might be next for MATIC and provide insights into the price predictions for ApeCoin (APE) and Everlodge (ELDG), two other tokens gaining traction in the crypto market.
Polygon (MATIC) is an L2 scaling solution for Ethereum. Despite its solid fundamentals and previous successes, Polygon recently faced a setback as Binance decided to delist the Polygon Network from its NFT Marketplace. This move led to a significant drop in the price of the Polygon crypto, causing concerns among its investors.
The delisting from Binance has undoubtedly created short-term turbulence for Polygon. However, it's essential to remember that the fundamentals of the Polygon network remain intact. The ecosystem continues to grow, and Polygon is actively working on enhancing its capabilities.
In the long run, this setback could allow Polygon to diversify its exchange listings, further decentralizing its presence in the crypto market. Therefore, market analysts predict that the Polygon price may reach $0.87 by December 2023.
ApeCoin (APE) is another cryptocurrency that has gained attention recently. As investors look for alternatives amidst MATIC's delisting, ApeCoin has the potential to become a beneficiary of this shift. ApeCoin is associated with the NFT space, making it an attractive option for those exploring non-fungible tokens and related projects.
In recent ApeCoin news, the DAO is weighing in on four new proposals that will help expand its ecosystem. This level of involvement from token holders can foster a sense of trust and engagement, potentially driving the project's growth and development.
As ApeCoin continues to evolve and expand its ecosystem, investors may find value in its community-driven nature. As a result, experts forecast that the ApeCoin price will sit between $2.05 and $2.32 within Q4 of 2023.
Everlodge (ELDG) is a unique project aiming to disrupt the real estate market. With its innovative approach to property ownership and rewards through the Everlodge Rewards Club, ELDG offers a fresh perspective on how blockchain technology can reshape the real estate industry.
This soon-to-come property marketplace will digitize and mint luxurious properties into NFTs. Afterward, these NFTs are fractionalized. Therefore, any investor can enter the $280T real estate market, which was only available to the wealthy few. They can do this by buying a fraction of the NFT for prices as low as $100.
The Everlodge Rewards Club is a compelling feature that adds significant value to the Everlodge ecosystem. It offers users the opportunity to earn free nightly stays across all Everlodge. However, these stays can also be resold to generate another passive income stream.
Those looking to access this club are buying its native token - ELDG, which is now in Stage 2 of its presale. One token costs only $0.016 - a 60% rise from its starting price. But, thanks to its low market cap, ELDG may soar faster than Polygon and ApeCoin. In fact, experts foresee its value rallying by 280% before the presale is over.
Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.
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