Chainlink Ecosystem Expands, Binance Coin Price Outlook, New Altcoin Bringing DeFi To Real Estate
Binance (BNB) recently underwent regular maintenance, but its value took a hit, and crypto analysts are bullish that it can see a price increase.
Chainlink (LINK) released an adoption update, highlighting the massive increase in its ecosystem size. Everlodge (ELDG) is also making a splash, as it aims to disrupt the $280 trillion real estate market.
Binance (BNB) to Reach $310 Based on Projection by Ali Martinez
Binance (BNB) announced standard maintenance, where through the X (Twitter) account, they updated the community on how they can expect to see large cryptocurrency transfers made by the exchange’s wallets on various blockchains.
Binance urged the community not to worry, even after the former CEO Chanpeng Zhao stepped down from the position and handed it to Richard Teng.
During the past week, Binance traded between $234.00 and $255.53. According to data from Ali Martinez through a post on X, the crypto is forming a head-and-shoulders pattern. A sustained close above the neckline at $261 could ignite a bullish breakout, and based on his Binance price prediction, it can reach $310.
Everlodge (ELDG) to Make Real Estate Accessible for Just $100
Everlodge (ELDG) is getting attention with its crypto ICO as an upcoming real estate marketplace that aims to solve key issues that have been a part of the $280 trillion real estate market throughout the past decades.
For example, most people have historically been unable to access these markets due to the high barrier to entry. Most luxury properties in locations like Miami cost millions of dollars, making them out of reach.
Everlodge will solve this by introducing blockchain technology. It will mint each property as an NFT and then fractionalize it. This is a process where a single NFT is split into thousands of smaller pieces, and each piece can cost just $100. By holding these NFTs, traders can retain all of the benefits, such as value appreciation and passive income through rental properties. There will also be a Rewards Club and Property Launchpad that can provide an additional level of utility to the altcoin’s holders.
Chainlink (LINK) Sees Massive Adoption of Its Technology
Chainlink (LINK) recently saw an increase in the adoption rate of its technology. There were a total of 14 integrations across 6 Chainlink services in 9 different blockchains.
Some of the newest integrations included APX Finance, Archly Finance, BreederDAO, Landshareio, Parallel Chain, Polygon zkEVM, ProhibitionArt, Thentic.tech, TRUST AI, XSwap, and zkSync.
During the past week, the Chainlink crypto traded between $13.73 and $15.46. In the past year, its value grew 137%. According to the Chainlink price prediction, it can reach $21.41 by the start of 2024.
Summary
Aside from Binance and Chainlink, Everlodge is getting significant attention. During Stage 8 of the presale, the ELDG altcoin trades at $0.027, but at launch, analysts project that the cryptocurrency can surge. Its crypto ICO has seen massive momentum, fueled by the appeal of the real estate market and vast token utility.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
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