Bitcoin

Insiders Are Accumulating Sui, Optimism, and Everlodge, but Which Altcoin Can Provide the Most Value?

Sui (SUI) and Optimism (OP) are two altcoins that are being accumulated by crypto investors who want to get massive ROI. However, analyst projections put a different perspective on the broader market, as they estimate that Everlodge (ELDG) can surge by 20x when it launches. So, which altcoin can provide the most value for those looking to diversify? In this article, we will explore all of them to find out.

Summary

Sui to reach $0.76 by the end of the year
Optimism can climb to $2.21
Everlodge to surge by 4,000%

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Sui (SUI) to Reach $0.76

The Sui (SUI) cryptocurrency has experienced a jump to $0.5 and has been outperforming the broader crypto market. The Sui crypto is an offshoot of Facebook’s unsuccessful Libra and Diem project and can recover in value moving forward.

According to the Sui chart, the token is picking up momentum and could soon experience a breakout rally. Its RSI has jumped up to 50 after spending the week closer to 20. This shows that buying pressure is returning and could translate towards an increased Sui price.

In fact, analysts project that Sui will overtake its 30-day moving average, and this is another strong indication that the token can begin a sustained rally. Since launching, Sui has gained several high-profile partnerships, one of which was Red Bull Racing. According to the Sui price prediction made by analysts, it can reach $0.76 by the end of the year.

Optimism (OP) Will Climb to $2.21

The Optimism (OP) cryptocurrency recently declined in value after breaking down an upward parallel channel. This means that Optimism is changing its price trajectory. However, investors are making efforts to capture a reversal from this position.

The success of this Optimism price reversal could depend on OP’s capacity to attract further buyers. The Optimism crypto traded at $1.5 as of recently, and its trading volume surged by 30%. Now, it’s fitting for a comeback.

Technical indicators showcase that a positive trend will need to occur. The RSI points towards an upward trend as well, and the MACD underscores the upward trajectory. Based on the Optimism price prediction, it can reach $2.21 by the end of the year.

Everlodge (ELDG) to Surge By 4,000%

Alongside Sui and Optimism, another crypto that captured a solid portion of the market’s attention has been Everlodge. The project is entering the real estate market, worth over $280 trillion, has the potential to become a dominant player in it, analysts are predicting up to 4,000 spikes in value.

It’s the first platform that enables users to own a part of vacation homes in the form of NFTs. The decentralized platform will provide users with complete control over their assets through self-custody. In addition, they can have full security and transparency.

Each user trades their assets that are backed by NFTs on top of the platform. As a result, they will be able to invest in more vacation homes and earn rewards from their initial investments.

Traditionally, gaining ownership over a luxury home can be difficult, as the costs associated with doing so range between $500,000 and $1,000,000 or even above. However, through digitizing and fractionalizing properties as NFTs, Everlodge makes them accessible for $100.

The ELDG token holders will be able to get access to property raffles and holiday giveaways and can stake the token for passive income. During the Stage 1 presale, it’s offered at just $0.012. But at Stage 2, it will spike by 33%, and at launch, analysts believe it can surge by 4,000%.