Many coins have become popular recently due to their features and use cases. Meanwhile, three coins are getting a lot of attention for bullish gains in Q1 2024. They include Decentraland, UNUS SED LEO, and Everlodge.
Decentraland (MANA) Begins Music Festival
Decentraland (MANA) is a virtual reality platform, that started development in June 2015. However, it became available to the public after its launch in February 2020. Meanwhile, the MANA coin has been on a downtrend in the past months.
The price of the Decentraland crypto dropped to $0.2951 in September. The US SEC recently tagged the Decentraland crypto as an unregistered security in June 2023, causing its 2023 price drop. Fortunately, Decentraland is fighting to turn the token’s downtrend.
The project has started registration for the 2023 edition of its Decentraland Music Festival for artists and creators. The festival will take place from November 16-18. Meanwhile, analysts have forecasted the Decentraland coin price to reach $0.52 to $0.6 in Q1 2024.
UNUS SED LEO (LEO) Plunges Despite Wide Utility
UNUS SED LEO (LEO) is the utility token of the iFinex ecosystem. Also, it is the native token of the Bitfinex exchange. Bitfinex has introduced several uses for the UNUS SED LEO coin. This includes access to its premium services and reduced trading fees.
So far, 2023 has not been all rosy for LEO. The token rose to a high of $3.79 on January 29th and $3.94 on March 13th. However, the UNUS SED LEO coin has dropped to $3.66 in September, a decrease of 4.2% in the past 30 days.
If UNUS SED LEO manages to break through the closest obstacle, it could go up to $4 and $5. However, if LEO fails to maintain its current position, its price might continue to decline. This would take it to the nearest support levels of $3 and $2. Analysts have forecasted the UNUS SED LEO price to trade between $6.55 and $7.83 in Q1 2024.
Analysts Forecast 2,500% Growth For Everlodge (ELDG)
Everlodge is a platform that wants to change how people invest in real estate. The platform’s goal is to make the real estate industry, which is worth trillions of dollars, easier for everyone to get into. On this platform, individuals will be able to purchase expensive properties like hotels and villas as NFTs.
Interestingly, the value of these NFTs will go up as these properties become more valuable. Users can either sell their NFTs on Everlodge’s marketplace or use them to get loans on other DeFi protocols. Everlodge offers additional benefits like discounts and rewards for NFT holders.
Those who buy Everlodge tokens can stake them to receive rewards and even enjoy free nights at Everlodge hotels. Everlodge plans to lock its team tokens for 2 years and liquidity pool for 8 years. This will help prevent large sell-offs and rug pulls right after its launch.
Currently, Everlodge is in its seventh presale phase, and each token is available at just $0.025. Experts believe that many people will start using Everlodge’s token because of its benefits. Therefore, analysts have predicted a 2,500x price increase for the ELDG token in 2024.
