The crypto market has been filled with ups and downs in 2023 with several cryptocurrencies losing price gains. Meanwhile, experts are currently eyeing a potential crypto bull run in 2024. Three cryptocurrencies that experts have selected to skyrocket are Theta Network, The Sandbox, and Everlodge.
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Theta Network (THETA) Receives U.S. Patent
The Theta Network is a blockchain protocol that offers a decentralized video streaming platform. Meanwhile, the Theta crypto has a roller coaster ride in 2023. At the beginning of the year, THETA’s price went up, going above $1 in January. It reached its highest point of $1.29 on February 20th.
However, the Theta crypto could not sustain the bullish momentum. Meanwhile, Theta Labs got a US Patent (Patent number 11,763,332) in September for an “Edge Computing Platform supported by Smart Contract-enabled Blockchain Network.”
This new patent lays the groundwork for many different computer tasks to be done using the Theta Edge Network. As a result, the adoption of the Theta Network could increase and push THETA’s price to $0.9584 in 2024.
The Sandbox (SAND) Team Trying To Revive the Platform
The Sandbox (SAND) is a platform that combines games and virtual worlds in one place for gamers. It allows people to build virtual structures, grow avatars, and earn rewards. The Sandbox network has a native token called SAND. Players on the platform use it for transactions and other purposes.
Unfortunately, the Sandbox coin has been in a bearish trend for the past year. Back in August, the Sandbox price dropped below $0.3500, a major support level. This occurred after The Sandbox unlocked more The Sandbox tokens increasing its circulating supply.
The Sandbox price is bouncing between $0.2746 and $0.3500. Nevertheless, the Sandbox team has been trying to revive investors’ interest in the project using NFTs, land, avatars, quests, and competitions. As a result, analysts have predicted a price range of $0.256921 to $0.677982 for The Sandbox in 2024.
Everlodge (ELDG) Introduces NFT Fractionalization To the Real Estate Sector
The Sandbox and Theta Network are bullish but haven’t shown as much potential as Everlodge (ELDG). While Everlodge’s ELDG is a newcomer, analysts are bullish about its prospects. They believe Everlodge has the potential to become a blue-chip project in the coming months. This is because Everlodge is introducing an innovative concept that will transform the real estate market.
Everlodge aims to make real estate investments accessible to everybody regardless of their income status. Previously, the issue of high capital, credit history, and high maintenance has stopped individuals from investing in high-value properties. Everlodge is solving the problem with NFT fractionalization.
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The project will divide real estate properties into NFT fractions, lowering the cost of entry. This will allow individuals to invest in real estate without having huge capital. Instead of buying an entire property, investors can buy a portion of the property as NFTs.
Interfi and BlockAudit have conducted safety audits on Everlodge’s smart contracts. ELDG is currently trading at $0.019, an 90% increase from its initial price of $0.01. Analysts have foreseen a price increase of 3,000% in 2024.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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