Price Decline on Binance After CEO’s Exit – Analysts Favor Polygon and Everlodge for Potential High Returns

Summary

Binance, Polygon, and Everlodge are attracting attention in the crypto market, with analysts projecting potential price movements:

  • Binance (BNB) expected to reach $262.62 by the end of 2023
  • Polygon (MATIC) may increase to $1.25 by the end of Q4
  • Everlodge (ELDG) poised for a spike post-listing on Tier-1 exchanges

Binance (BNB) to See an Upward Momentum to $262.62

Binance (BNB) recently witnessed increased attention after CEO Changpeng Zhao’s departure, impacting the cryptocurrency’s price. The price fluctuated from $277 to $266 initially but dropped to $233 after the news.

The current Binance trading volume stands at $1,219,056,449, with a market cap of $36,204,512,723. Analysts predict a value of $262.62 for Binance by the end of 2023 based on recent on-chart performance.

Polygon (MATIC) Can Spike to $1.25

Polygon (MATIC) is showing positive signs for future growth, with analysts projecting a potential upswing. ZAYKCharts predicts a long-term breakout from the current pattern, potentially leading to a new all-time high.

During the past week, Polygon’s price increased from $0.733600 to a peak of $0.923012. The 30-day performance indicates a 20.5% increase. Analysts foresee a spike to $1.25 by the end of Q1, 2024, according to the Polygon price prediction.

Everlodge (ELDG) to Disrupt the $82.63B Vacation Rental Market

Everlodge is disrupting the $82.63 billion vacation rental market by fractionalizing properties as NFTs on its platform. Blockchain technology allows properties to be divided into thousands of pieces, each valued at $100. Ownership details are securely stored in the smart contract’s metadata.

ELDG, the native crypto, provides access to holiday giveaways, property raffles, and other bonuses. It can be staked for passive income opportunities. During stage seven of the presale, it trades at just $0.025. Analysts anticipate an upswing in Everlodge’s value following its listing on Tier-1 exchanges.

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