Three tokens have garnered significant attention in the crypto space given their utility and price movement. They include Conflux (CFX), Neo (NEO), and Everlodge (ELDG). Why are these tokens the top three in the crypto space? Let's find out.
Conflux has completed the v2.3.0 network hardfork upgrade.
Neo is under bearish pressure and could drop prices soon.
Analysts believe Everlodge can give investors 118% ROI
Conflux (CFX) Completes Conflux v2.3.0 Network Hardfork Upgrade
Conflux, popularly known as the Chinese Bitcoin, has successfully completed its long-awaited hardfork upgrade. Therefore, it has activated CIP-107, CIP-112, CIP-113, CIP-118, and CIP-119. According to a tweet from the CFX crypto team, the network is currently stable, and the latest network version is v2.3.0.
Unfortunately, the successful upgrade has not attracted buyers to the network. Data from CoinMarketCap shows that the price of Conflux is $0.113432, continuing its decline since the beginning of September.
Nevertheless, the token's price has increased by 107.6% in the past year. On this premise, Coincodex has given a bullish Conflux price prediction, projecting that the altcoin ould rlly as high as $0.1500 before the end of the year.
Neo (NEO) Losing Momentum As Price Decline Lingers
The price of the Neo crypto has been on a downtrend along with the crypto market. However, before that, the altcoin was one of the best-performing cryptos in June, rallying as high as $10.79.
Subsequently, the Neo price encountered robust resistance above the $10 mark, leading to a price collapse. Afterward, the altcoin price stabilized near the $8.40 support level before ultimately declining to $6.90 in August. As a result of the declines, the token has dropped to $7.0 in September.
The NEO price has slipped below 20, 50, 100, and 200-day exponential moving averages, suggesting bearish momentum. Also, Neo's RSI has been on a steep decline in the past week and has dropped from 47 to 38. This reinforces the presence of sellers who are currently in control of the market.
Everlodge (ELDG) Introduces Fractionalized NFTs for Real Estate Investment
Everlodge (ELDG) has garnered attention due to its innovative approach in the real estate market. The project seeks to democratize property ownership through the utilization of NFT and timeshare technology.
As a result, Everlodge is poised to establish a marketplace where high-value properties will be transformed into digital assets, minted, and fractionalized as NFTs. Consequently, this will allow low-income earners to invest in the $280 trillion real estate market.
Everlodge will harness blockchain technology to eliminate geographical and security constraints on real estate investment. This will allow investors to access properties worldwide, thereby diversifying their portfolios and mitigating risk. Therefore, the platform's native token, ELDG, holds the potential for substantial growth.
Many crypto experts anticipate it could deliver returns of over 30x its initial value on the day of its launch. Currently, in Stage 2 of its presale, ELDG is valued at just $0.016. However, as the presale progresses, it may reach $0.035 before the end of 2023, a 118% return on investment for early investors.
Find out more about the Everlodge (ELDG) Presale: