TRON (TRX) saw a major milestone as it reached a 90% price upswing in the past year and has seen exponential growth in its ecosystem. As a result, many have begun seeing it as a diversification opportunity, especially after Binance (BNB) dipped in value following the departure of its Founder and CEO.
Everlodge (ELDG) is another project currently in its presale period that’s also seen a lot of activity. It will provide AI-driven tools to the $4.548 trillion global hospitality industry, and this has piqued traders’ interest. To see what kind of future lies ahead of each cryptocurrency, we will review their on-chart performance.
TRON (TRX) Became the Second Largest Network by TVL – Can Its Value Break New Ground?
TRON (TRX) grew in value by 90% year-to-date (YTD). But that’s not all that the TRON network achieved during the year. According to a report on CoinGecko, the network also became the second largest in terms of Total Value Locked (TVL). Based on the data, its TVL grew from 12.3% or $4.1 billion in January 2023 to 21.6% or $7.9 billion in October 2023.
JustLend and JustStables are two of the largest TRON protocols that were responsible for this massive level of growth in its ecosystem. Based on the most recent on-chart data, the TX Crypto moved up from $0.100575 to $0.108115. According to the TRON price prediction, it can spike to $0.1157 as its maximum value in 2023.
Binance (BNB) Price Corrects Following CEO Departure – Is a Recovery Possible?
Binance (BNB) recently saw a notable decrease in its value, moving from a high point of $232.79 to its lowest of $223.78. This can be attributed to the latest news following its leadership.
The Founder and CEO of Binance (BNB), Changpeng ‘CZ’ Zhao, stepped down from his position at the company. His replacement, Richard Teng, recently shared a post on X (Twitter) noting that the fundamentals of the overall business are very strong. Yet despite this encouraging comment, the price has seen a decrease.
An analysis of the Binance on-chart activity indicates that the cryptocurrency can grow in value. Based on the most recent Binance price prediction, it can reach $257.74 by the end of the year.
Everlodge (ELDG) to Enter the $4.548 Trillion Market with AI
TRON witnessed a major annual upswing, while Binance has corrected in value and is not looking like it can provide significant returns. This has led many traders to diversify with other projects, and one of the top selections is Everlodge.
This upcoming marketplace will disrupt the $4.548 trillion global hospitality industry and enhance its functionality. The industry lacked accessibility, transparency, and liquidity as most properties cost millions of dollars, making them out of reach for most people.
Through Everlodge, these properties will be minted as NFTs and then fractionalized into smaller pieces worth $100 each.
By taking this approach, the market will be far more liquid as they can be resold at any point in time. The important details like the title deeds and ownership data are stored in the smart contract’s metadata.
The platform will feature an AI tool that can predict future markets where properties can appreciate in value and give current traders insights into the most optimal locations in which they can diversify their holdings through fractional ownership.
Anyone can also access passive income from rental properties, and each NFT fraction will grow in parallel to the growth of real-world property. During the Stage 7 presale, ELDG trades at $0.025 but can spike 37x following its launch on major exchanges.
For more information about Everlodge (ELDG) please visit their website.
