Grayscale’s SEC Meeting for Bitcoin (BTC) ETF Unveiled â Solana (SOL) and Everlodge (ELDG) Catching Traders’ Eye for Mega Returns
(NewsDirect)
The crypto market
has been buzzing with anticipation following Grayscale’s recent
meeting with the SEC to discuss the prospects of a Bitcoin ETF. While
specifics remain confidential, this interaction has drawn attention to
alternative assets like Solana (SOL) and Everlodge (ELDG), which are
gaining traction among traders for their potential
growth.
Bitcoin (BTC): Rally Following Grayscale’s Revealed
Memo
Bitcoin
(BTC) has experienced a resurgence in market sentiment following a
disclosed
memo
revealing Grayscale’s engagement with the SEC. The
memo exposed discussions between Grayscale executives and the SEC
regarding converting their renowned Bitcoin trust into a spot Bitcoin
ETF.
Regarding
the Bitcoin price performance, it has displayed resilience, recording
a 57% bullish trend over the last 30 days. It increased from $30.462
on October 22nd to $36.455 on November 22nd.
Market experts have
also made a bullish
Bitcoin
price
prediction, forecasting it to reach $48.954 by December
2023. The transparency and potential regulatory advancements in the
Grayscale memo have contributed to Bitcoin’s upward
trajectory.
Solana (SOL): New Cross-Chain Swapper
Recently, there was
some exciting Solana (SOL) news as well. Initially tailored
exclusively for Solana users, Phantom has expanded its scope with a
cross-chain swapper. According to the
, the latest feature will facilitate liquidity
bridging between Ethereum-based assets and USDC on Solana.
Solana’s upward
momentum is evident as it maintains its position above the 50 and
100-day EMAs, signaling stability and potential for growth. The
Solana
price
increased from $42.21 on November 8th to $54.73 on
November 22nd.
Analysts are projecting a price surge to $58.63 in their Solana
price predictions before the end of 2023. According to them, this
cross-chain swapper expands Phantom’s utility and strengthens
Solana’s position as an attractive platform for cross-chain
interoperability.
Everlodge (ELDG): A Potential Challenger to
Bitcoin and Solana
While these Bitcoin and Solana developments are exciting,
Everlodge
(ELDG) will
emerge as a promising contender in the crypto space. This rising
presale star has already provided early buyers with a
150% ROI
while
selling 5M ELDG native tokens
so far. Traders are
confident in its substantial potential to disrupt traditional
markets.
At its
core, Everlodge will establish a
one-of-a-kind property
marketplace
where you can fractionally own a luxurious hotel or
vacation home for a low price. It will accomplish this by digitizing
and minting these real-world assets into NFTs and then fractionalizing
them. This will
remove the high entry costs
, significantly
improving accessibility.
Integrating NFTs and smart contracts hints at a
future where real estate transactions could become more streamlined.
For example, smart contracts will
automate all property-related
tasks
, such as tenant agreements and rent distribution. Therefore,
you
no longer need to rely on intermediaries
like
lawyers.
ELDG is
now in Stage 7 of its presale costing
only $0.025
. But, unlike
Bitcoin and Solana, it has
real-world connections to the $280T
real estate market while boasting a low market cap. Thus, it may reach
its growth ceiling sooner.Experts forecast a
surge to $0.038
before its presale ends. Those who buy it now will also participate in
a Maldives holiday giveaway.
Visit
Everlodge
Contact Details
Everlodge
Team
media@everlodge.io
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