Hedera (HBAR) and THORChain (RUNE), two prominent tokens, have found themselves in bullish territory. However, the question remains whether they can regain momentum. Meanwhile, another contender, Everlodge (ELDG), is attracting the attention of whales as it prepares for a potentially massive rally.
Summary
- Following incorporation into FedNow, Hedera price has jumped 16%
- A 4,300% increase in social activity has resulted in a 68% price increase for THORChain.
- Experts predict up to 35x rally as Everlodge attracts crypto whales
Join the Everlodge presale and win a luxury holiday to the Maldives
Hedera (HBAR) Price Jumps 50%, Can it Keep Up Momentum?
Hedera (HBAR) has been one of the most bullish cryptocurrencies over the last two months. HBAR’s price climbed by more than 50% in the last 30 days. But can the Hedera price continue going high amidst bullish momentum.
This week, Hedera Hashgraph is back in bullish territory after scoring a significant milestone. After the US Federal Reserve’s quick payments platform, FedNow added “Dropp,” a Hedera-based micropayments platform, as a service provider, HBAR, surged.Â
The utility token of the Hedera network, HBAR, jumped more than 16% on the announcement yesterday. The Hedera price reached a high of $0.075, before correction. Crypto experts have predicted that the rally could continue if the platform gains more traction.
THORChain (RUNE) Spikes Amidst Surge in Social Activity
THORChain (RUNE) has been on a strong bullish trend since early August, cancelling out the early losses of RUNE this year. The THORChain price has climbed by 68% since the beginning of the month, increasing from $0.92 to the current price of $1.60.
According to Santiment research, a surge in social volume is driving the THORChain crypto increase. According to the data, RUNE’s social volume increased by 4,300% between August 7 and August 13, garnering significant attention to the protocol and the THORChain token.
Furthermore, over the same time period, the positive investor sentiment of THORChain climbed by 6,100%. This raised RUNE’s trading volume and price as more investors bought THORChain.
Whales Are Stacking Up Everlodge (ELDG) Ahead of Massive Rally
In a separate trend, Everlodge (ELDG), a new crypto aiming to transform real estate investment, is garnering attention due to increased whale interest. Crypto whales are large holders of cryptocurrency who often play a significant role in market movements.Â
Oftentimes, whale accumulation tokens suggest a growing belief in the project’s potential and anticipation of a forthcoming rally. Everlodge is building a blockchain marketplace where investors with as little as $100 can own fractions of luxury properties.
The marketplace will list luxury villas, vacation homes, and hotels that have been minted as NFTs. These NFTs will be fully backed by the property and will be split into smaller parts costing as low as $100 using the emerging NFT fractionalization technology.
Crypto whales are now backing Everlodge as the platform could onboard thousands of investors into real estate. The utility token of the platform now trades at $0.01 in its beta presale stage. However, crypto analysts have forecasted a rally to $0.3 before the year ends.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
