Identifying investment opportunities that hold the potential for growth and substantial returns is important for every crypto investor. As the market ebbs and flows, three prominent coins – Ripple (XRP), Dogecoin (DOGE), and Everlodge (ELDG) – are emerging as top contenders to invest in before the next rally. Let’s find out why.
- XRP starred in the last bull market but could also skyrocket in the next bull market
- Can Dogecoin finally reach $0.1 amidst the ongoing decoupling from Bitcoin?
- Investors troop into Everlodge in anticipation of a massive rally
How High Can Ripple (XRP) in the Next Bull Market?
Ripple (XRP) was one of the biggest gainers in July, spiking by more than 85%. The massive gains for XRP happened after a verdict in the Ripple lawsuit went in favor of the crypto. With XRP now consolidating around $0.62, how high can the crypto go?
With many hints that the SEC will lose its appeal of the Ripple verdict, crypto analysts are bullish about the XRP price. According to pro-crypto lawyer, John Deaton, the XRP chart will experience a turnaround if that happens
Now trading at $0.6269, the price of Ripple has been forecasted to repeat the 2020-2021 rally. during the last bull market the price of the XRP coin increased by a massive 700%. If the trend repeats, we could see XRP trade as high as $5 this year.
Dogecoin (DOGE) Decouples From Bitcoin, Rally To $0.1?
For weeks, Bitcoin has been trading sideways, but the leading meme coin, Dogecoin (DOGE) has been pulling away. As this interesting decoupling trend continues, crypto experts have predicted a massive rally for the meme coin.
The Dogecoin price in the last week has broken above its negative trendline on the daily chart. Analysis from Santiment supports the ongoing trend, solidifying the bullish outlook for Dogecoin. In addition, Elon Musk could be looking to incorporate Dogecoin into X soon.
Crypto Kaleo, a well-known pseudonymous market analyst, has predicted that Dogecoin will soon be employed in X. While other analysts forecast a rebound to $0.1 in August, Crypto Kaleo believes the price of Dogecoin might hit $0.24 over the next few weeks.
Investors Are Doubling Down on Everlodge (ELDG) – Here’s Why
As the crypto market prepares to rally, investors are flocking to Everlodge (ELDG) to make up for their losses. Everlodge is favored by investors since it is expected to experience a meteoric rise in 2023.
Everlodge's expectations are high because the project aims to improve the timeshare sector. It will use fractional NFTs to allow investors with as little as $100 to invest in hotels, holiday houses, and luxury villas.
The value of NFTs will rise in tandem with the prices of these properties. Property-backed NFT holders will be able to use them as collateral to secure loans. The Everlodge ecosystem will also include a property marketplace, a property launchpad platform, and a rewards club.
Everlodge's expectations are very bullish because it is a groundbreaking initiative and is the first of its type. The token's value currently stands at $0.01 but is expected to reach $1 before the end of 2023.
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