Discover Why Crypto Whales Are Flocking To Solana (SOL), Everlodge (ELDG) And Chainlink (LINK)

Leading assets like Solana (SOL) and Chainlink (LINK) have long been considered dominant players in the crypto market. However, recent challenges and volatility in the crypto market have led traders to explore promising alternatives. Among the options, Everlodge (ELDG) is making waves with its approach to the real estate market, leaving crypto whales intrigued.

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Solana (SOL): Showing Bullish Signs

Solana (SOL) is showing clear bullish signs, and one recent development underlines this positive sentiment. The FTX estate has strategically allocated over 5.5M SOL coins for staking on the Solana blockchain.

This insightful move came to light through on-chain data furnished by SolanaFM. Notably, the wallet has been confirmed as being under the management of the FTX estate and has joined forces with Figment, a highly regarded network validator in the Solana ecosystem. The decision to stake such a significant amount further solidifies the growing confidence in Solana.

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Market analysts are noting these developments and predicting that the Solana price will reach an impressive $29.22 by December 2023.

Chainlink (LINK): Institutional Interest Rises

Chainlink (LINK) displays a noteworthy uptrend, with recent on-chain data indicating heightened institutional interest. On October 13, this popular blockchain project attracted institutional investors, leading to a substantial surge in Chainlink transactions. More than 20M Chainlink tokens were transacted on this particular date, as highlighted by trader Ali Martinez.

This robust institutional activity reflects growing confidence in Chainlink’s technology and its role in facilitating smart contracts. In light of these promising developments, market analysts maintain a positive outlook for Chainlink.

Therefore, they are forecasting a Chainlink price of $9.12 within Q4 of 2023, making it one of the assets to watch in the crypto market.

Everlodge (ELDG): Poised to Eclipse Solana and Chainlink

While Solana and Chainlink face their respective challenges, Everlodge (ELDG) is a must-have token. This sensational presale project has amazed early investors with an impressive 100% ROI. Moreover, it has also attracted millions of tokens sold, causing whale interest to skyrocket.

Traditionally, entering the real estate market has necessitated substantial capital investments, making it an exclusive domain of wealthy individuals. However, Everlodge aims to democratize access to this lucrative market by fractionalizing NFTs backed by luxurious properties. Thus, Everlodge will enable everyone to participate with prices as low as $100.

Additionally, the Everlodge Rewards Club will offer members free nightly stays across all properties within the Everlodge ecosystem. Like timeshares, users can access a fixed number of free nights annually. Not only that, they will even have the option to resell these nights to make passive income.

Everlodge’s native token, ELDG, is priced at just $0.02 in Stage 5 of its presale. Its low market cap gives it the upper hand over established tokens like Solana and Chainlink. The potential for rapid growth and significant returns has caught the attention of market analysts, who predict a price of $0.038 for ELDG before the presale ends.

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• Source: https://thecryptobasic.com/2023/10/23/discover-why-crypto-whales-are-flocking-to-solana-sol-everlodge-eldg-and-chainlink-link/?utm_source=rss&utm_medium=rss&utm_campaign=discover-why-crypto-whales-are-flocking-to-solana-sol-everlodge-eldg-and-chainlink-link