Microsoft AI is one of the top AI chatbots used in crypto analysis and prediction. When asked about its top picks for the best coins suitable for long-term hold, it has chosen Cardano, Dogecoin, and a new emerging coin.
US SEC Tags Cardano (ADA) As Security in Lawsuit Against Kraken
The cryptocurrency exchange Kraken is currently dealing with a legal lawsuit from the U.S. SEC. Notably, the latest lawsuit from the SEC has placed Cardano (ADA) and several other cryptocurrencies under the classification of securities.
Previously, Charles Hoskinson, the founder of Cardano, noted that there was no enforcement action directed at Cardano’s cryptocurrency. Currently, the price of Cardano has dropped 2.2% to $0.384043 following the news.
This has not affected Cardano ADA’s bullish price trajectory. The token is still green on the weekly and monthly timeframe with gains of 4.2% and 49.0%. According to Microsoft AI’s Cardano price prediction, the price of Cardano is predicted to pump 2.89% to $0.395407.
Dogecoin (DOGE) Price Analysis
Since October 20th, the volatility of Dogecoin (DOGE) has been on the rise. The coin rose from a low of $0.057 on October 27th to a high of $0.074. This price spike, however, was only temporary, as some investors used the opportunity to liquidate their shares.
Following the dip, Dogecoin’s value increased to a high of $0.087 on November 18th. However, the Dogecoin price has now remained trapped between $0.070651 and $0.086539, according to CoinMarketCap. While trading volume increased by 31.46%, Dogecoin’s market cap decreased by 5.2%.
Dogecoin has demonstrated endurance over the last week and month, despite recent swings. It has recorded gains of 3.3% and 27.2%, respectively. As per Microsoft AI’s Dogecoin price prediction, the price of Dogecoin is predicted to reach $0.080081 in the coming weeks.
Everlodge (ELDG) Potential for Long-Term Growth
As of 2022, the global hospitality industry was worth over $4.58 trillion. However, only a select few have been able to benefit from this sector due to the high capital requirements. Everlodge (ELDG) has embarked on a mission to address this issue.
The Everlodge marketplace has presented a unique opportunity for individuals to own fractional shares in real estate properties. On Everlodge, users can purchase and sell NFTs that represent shares in high-value properties. What makes this approach even more interesting is that it enables co-ownership of properties, which helps reduce costs.
We're thrilled to announce that our website just got a makeover! 💻
Check out the fresh look and discover the NEW features we've added. It's all about making your experience even better!
Plus, remember that our Presale is still ON.
Explore now: https://t.co/SIYWBylwQD#RWA pic.twitter.com/aTuT8x7z36
— Everlodge (@EverlodgeHQ) October 23, 2023
Those who buy these NFTs can also use them to secure loans. the Everlodge lending platform. All transactions within the Everlodge ecosystem will be facilitated using the ELDG native token. Everlodge’s token has soared 150% to $0.025, thanks to its practical utility in the real world. Everlodge has launched an exciting Christmas Meme Contest with attractive prizes for the winners.
Participating is easy. All you need to do is create a festive meme that embodies the Everlodge spirit, share it on Twitter, and tag Everlodge. Prizes for the first, second, and third place winners are $500 worth of ELDG, $300 worth of ELDG, and $200 worth of ELDG, respectively.
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.
Photo by Austin Distel on Unsplash