Binance vs. SEC update, BNB and Monero firm as Everlodge draws traders
In the ongoing legal battle between Binance and the Securities and Exchange Commission (SEC), the presiding judge unexpectedly approved a new expert attorney to join Binance’s legal team, days after the agency filed a secret motion.
Amid this, there are important updates about BNB and Monero (XMR), while Everlodge (ELDG) is gaining popularity among traders.
BNB is on a recovery path
BNB is a prominent player in crypto, offering unique features in a growing ecosystem.
The recent BNB smart chain upgrade ended up supporting prices. This move highlighted Binance’s dedication to enhancing network performance, which could prop up BNB prices in the long haul.
BNB, with Binance’s strong reputation and focus on technology, can be a choice for those seeking exposure to a reliable coin.
Experts remain bullish, predicting BNB to reach $307.41 by December 2023.
Monero: the first professional miner revealed
Monero is a privacy-focused coin aiming to provide users with enhanced anonymity and security.
Recently, Bitmain, a crypto chipset manufacturer, announced their intention to release a Monero miner. The rig, touted as the first “professional XMR miner,” has a hash rate of 212 kilo hash per second (KH/s).
The decision by Bitmain reflects the growing interest in Monero’s potential.
Based on this, XMR can be explored as a possible long-term investment option for investors prioritizing user security.
As a result, market analysts predict the coin to reach $206.60 by the end of 2023.
Everlodge: exploring the presale
Amidst BNB and XMR’s success, Everlodge is drawing traders’ attention with its unexpected momentum.
Everlodge plans to use blockchain for fractional ownership in a property marketplace featuring luxurious vacation homes and villas.
Stage 1 of Everlodge’s presale is ongoing. Its native token, ELDG, is available for $0.012.
ELDG gives holders governance rights, staking rewards, and property purchase discounts.
Everlodge will digitize and mint these properties as fractionalized non-fungible tokens (NFTs). In this way, small-scale investors can tap into the $280 trillion worth of the real estate market.
By becoming a fractional owner of a property on the blockchain, once its value rises, so will the value of your NFT.
Unlike BNB and Monero, which are already established projects, ELDG is a low market cap project with more headroom. Additionally, as the presale advances, so will ELDG prices increase.
Experts predict ELDG to reach $0.035 by the end of the presale.
Find out more about the Everlodge (ELDG) presale:
Website:
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