Artificial intelligence (AI) chatbots have become very useful in the crypto space for predicting the price of cryptocurrencies. Meanwhile, Microsoft AI has singled out three tokens – Fantom, Filecoin, and Everlodge to see bullish gains in October.
Can Fantom (FTM) Surpass the $0.200 Price Level?
Fantom (FTM) is a blockchain platform that aims to be faster and cheaper than other blockchains. It mainly supports DeFi applications. However, recently, FTM’s price has been going down, with sellers controlling the market. This decline started in mid-August when Fantom coin fell below $0.200.
Over the past month, Fantom crypto has been weak, losing 6.0% of its value, and over the last three months, it dropped by 39%. Looking at the bigger picture, Fantom (FTM) has an annual return of -20.1%, and its current price on September 27th is $0.186971.
If things improve, the Fantom coin price could rise to the resistances at $0.2167 and $0.24623818. On the flip side, if the Fantom coin drops, it might fall to the nearest support levels at $0.17857999 and $0.16258806. Microsoft AI has predicted the price of Fantom to increase by 0.97% and reach $0.189884 in October.
Filecoin (FIL) To Soar on Numerous Partnerships
Filecoin (FIL) is an open-source data storage system that operates on a blockchain. “FIL” is the native cryptocurrency of the Filecoin network. However, when we consider its progress, Filecoin has shown poor growth in 2023. This has led to its year-long price decline.
Since its all-time high in 2021, FIL has lost over 98% of its value, bringing it to its current price of $3.19 in September 2023. While the price of Filecoin has dropped by 3.9% in the past 30 days, it has increased by 2.8% in the past 14 days.
Microsoft AI believes the price of Filecoin will increase to $3.62 in October. Besides, there are growing collaborations between the network and industry players. There is also the recent partnership with Brave to bring new privacy features to the Brave wallet and its browser.
Everlodge (ELDG) and the $280 Trillion Real Estate Industry
Data shows that the global real estate market is worth more than $280 trillion. However, only the rich can access it because it needs a lot of money for investment. Fortunately, Everlodge plans to change this using NFT fractionalization to let everyone invest in luxury properties and real estate.
With fractionalization, investors can buy smaller parts of expensive properties instead of the whole property. Also, people can make money by renting these digital properties or using them as collateral for loans. This means both low and high-income individuals can own timeshares properties.
Meanwhile, Block Audit and InterFi Network have already audited Everlodge’s smart contract. They have certified the platform 100% safe for investors. Everlodge has launched a token called ELDG. ELDG is used for transactions among other things on the ecosystem.
Also, the token gives its holders discounts, rewards, and free stays at Everlodge places. Currently, the ELDG token costs $0.019 apiece. Notably, experts predict a 4x price increase for Everlodge in October.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.