While established players like TRON (TRX) and the internet's favorite meme coin, Dogecoin (DOGE), have enjoyed their time in the limelight, a rising star is making waves in the crypto-sphere. Everlodge (ELDG), a presale phenomenon, is emerging as a strong contender, challenging the dominance of these giants. But what gives it the competitive edge? Keep reading to find out.
TRON (TRX): ChainGPT Partnership
In a groundbreaking development, TRON (TRX) DAO has solidified a strategic partnership with ChainGPT, a leading AI infrastructure provider for Web3.
This alliance is important not just for tech advancements. TRON has millions of users. With more than 100,000 engaging with ChainGPT monthly, this partnership brings resourceful tools to the TRON system and broadens its community.
With the promise of AI seamlessly integrated into the TRON blockchain, market analysts are optimistic. Therefore, they have made a bullish TRON price prediction. They foresee the Tron price surging to $0.100 by December 2023. However, those looking for more significant growth are shifting focus to new projects with more real-world applications.
Dogecoin (DOGE): Bullish Signals Amid Utility Concerns
Dogecoin (DOGE) has recently shown signs of a bullish upturn, attracting attention. Creator Billy Markus added to this excitement by taking to Twitter to share his enthusiasm for the X app's subscriber feature, which has become his new favorite platform. He's planning to engage with subscribers by offering exclusive content, making the Dogecoin community happy.
However, despite the excitement among Dogecoin fans and positive growth, the crypto world has a worry: its real-world utility. Sure, Dogecoin gained popularity through memes. But, its primary uses of tips and charity have the crypto world wondering about its future stability.
The Dogecoin price has yet to reach $1, as its peak is $0.73. As Dogecoin's fate hangs in the balance, with investors closely watching its performance, experts predict the Dogecoin value will reach $0.098 by December 2023.
Everlodge (ELDG): Excellent TRON and Dogecoin Alternative
While TRON and Dogecoin have garnered attention primarily for their meme status and speculative trading, Everlodge (ELDG) will bring a real-world use case. This project is unique as it aims to reshape the $4.548T hospitality sector.
Everlodge is bringing forward a fractional ownership model for real estate assets using blockchain. This enables users to get a piece of property investments like hotels, with NFTs backing them. So, anyone can participate in high-value real estate investments, not just a privileged few.
Moreover, it solves an issue with traditional real estate investment: liquidity. Everlodge users can use their NFT-backed assets as collateral for short-to-medium term loans. With this, investors can access their money without having to sell their piece of real estate.
Currently, the ELDG native token is worth only $0.023 because it is in Stage 6 of its presale. Its low market cap gives it a competitive edge over TRON and Dogecoin, as it could experience faster growth. This growth can be noticed now as well. It has already surged by 130% from its starting price. Therefore, experts predict a 3,000% rise for ELDG after its debut.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Tech Musement journalist was involved in the writing and production of this article.