Copy Trading is becoming more popular as investors and traders seek ways to increase their profits. Recently, traders who are being copied have been focusing on Ethereum (ETH), Polygon (MATIC), and Everlodge (ELDG). However, which cryptocurrencies will see the biggest growth in Q4 2023 is unclear.
In this article, we’ll examine the performance of these three cryptos to understand why they’re being selected and to identify which one has the most growth potential.
- Ethereum to reach $2,335.71 by the end of 2023
- Polygon to see a price increase to $0.87 by the end of Q4
- Everlodge to spike 47x based on current projections
Ethereum to reach $2,300 by the end of Q4 2023?
Ethereum has been trending higher, making it an attractive choice for investors aiming to maximize their profits.
Specifically, ETH’s trading volume surged by 7%, indicating a growing interest among investors. Moreover, ETH prices rose from $1,785.51 to $1,912.62.
Over the last 30 days, ETH added 15.6%. As such, analysts are optimistic about its future potential.
According to current Ethereum price predictions, the coin can reach $2,335.71 by the end of 2023.
Polygon can retest $0.87 in Q4 2023
Polygon continues to grow. As such, more investors and traders are exploring the coin.
Over the past month, MATIC added 25.8%. In the last week, it ranged between $0.62 and $0.74.
Looking at market data, Polygon has a market cap of $6.5 billion and is the 14th most valuable coin.
Analysts predict MATIC to reach $0.87 by the end of 2023.
Everlodge can offer passive income opportunities for investors
Everlodge, alongside Ethereum and Polygon, can present investment opportunities. The project plans to launch a novel web3 marketplace, offering access to luxury real estate investments.
The platform leverages blockchain technology to convert real estate, minting them into non-fungible tokens (NFTs).
These NFTs are directly linked to tangible real estate properties. They can be fragmented into smaller shares with a minimum investment threshold of $100.
What distinguishes these NFTs and makes them attractive to investors is their inherent flexibility. They can be easily traded on the platform or any other site that supports ERC-20 tokens.
Furthermore, investors stand to benefit from passive income streams. For example, in the case of rental properties, investors receive income commensurate with their ownership stake whenever the property generates rental income.
Additionally, investors can generate income through staking ELDG, Everlodge’s native token.
In stage 6 of the presale, ELDG is available for $0.023, but traders expect more growth on launch.
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