Cryptocurrency market experts often invest along with trend changes to maximize their profits while managing risks. As a result, they often purchase digital assets before an expected market rally. That is the case now as crypto experts are doubling their investments in Axie Infinity (AXS), Polkadot (DOT), and Everlodge (ELDG). Does this signify a market rally for these altcoins?
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Price Prediction: Axie Infinity (AXS) To Reach $7 in August?
Axie Infinity (AXS) is one of the leading blockchain play-to-earn projects offering immersive gameplay. While Axie Infinity has suffered a few rough months, crypto experts have rekindled interest in the Web 3 game.
On-chain data shows that the accumulation of Axie Infinity has been on the rise over the last week. This correlates with the recent bullish announcement from Axie Infinity. The developer of Sky Mavis recently announced the development of a new game in collaboration with CyberKongz.
At the time of this writing, Axie Infinity (AXS) trades at $6.01 with buyers increasing at the $5.5 support. If the Axie Infinity bulls manage to break above the $7.00 resistance, the token can begin the journey to reach $8.50.
Polkadot (DOT) Development Activity To Fuel Next Rally
Since its launch, Polkadot (DOT) and its test network Kusama have been some of the most actively developed blockchains. Recent reports for the first half of 2023 show that the interoperable network, Polkadot, still leads in blockchain development.
According to data from Santiment, in the last 30 days, Polkadot and Kusama registered 527.7 notable GitHub commits. While this makes Polkadot the most actively developed blockchain project, crypto experts have predicted that it would fuel the next DOT rally.
As more of these projects are launched on the Polkadot network, the price of DOT has been projected to increase. Now trading at $5.06, the price of Polkdot has been projected to break above the $6 resistance in August.
Experts Stack Everlodge (ELDG) Tokens Ahead of 280% Price Rally
The new and exciting Everlodge (ELDG) is another project that has caught the attention of crypto experts. These market experts are now stacking ELDG tokens as the price of Everlodge has been forecasted to increase by up to 280% over the next few weeks of its presale.
Everlodge has been garnering interest among crypto experts as it is the first blockchain project to combine fractional NFT technology with vacation home ownership and the timeshare industry. The aim of the project is to give everyone the chance to invest in the hospitality sector.
With as little as $100 Everlodge will allow investors to own hotels, vacation homes, and luxury villas. To ensure protection against any rug-pull scenarios, Everlodge has taken proactive steps. It will lock its team tokens and liquidity pool for 2 years and 8 years, respectively.
This makes Everlodge an exciting and engaging community-oriented platform. Now trading at $0.010 in the first stage of its presale, the price of ELDG has been projected to reach a high of $0.035 when the project launches.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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