In a groundbreaking move for the banking sector, HSBC has begun accepting payments in crypto. The renowned British banking giant now accepts popular meme coins, Dogecoin and Shiba Inu. Meanwhile, Everlodge is shaking up things in the timeshares market. Read on to find out more about these latest crypto trends.
The renowned British banking giant has jumped deeper into the crypto world. In its latest move, eligible users can not make mortgage payments using the Shiba Inu coin. The move is part of a collaboration with FCF Pay.
The Shiba Inu community has more news worth celebrating. The FCF Pay integration means SHIB can now be used to pay solar panel bills in Texas. Despite the increase in adoption, the price of Shiba Inu has remained largely bearish.
In September, the Shiba Inu price fell under the $0.00000800 support and has remained under. Since then, SHIB has been hovering around the $0.00000700 and $0.000007300 range. Crypto analysts have expressed concerns that without momentum, the price of Shiba Inu could fall under $0.0000070 soon.
Like Shiba Inu, the leading meme coin was also integrated into HSBC. The integration of Dogecoin is part of the bank's plans to remain at the forefront of innovation. Similarly, there is excitement in the Dogecoin community.
During a chat with a Dogecoin team member, Elon Musk teased the next big update for X. Musk confirmed that X will soon retire the bird icon representing the "home" feature on the app. As a result, members of the Dogecoin community speculate an integration for DOGE.
However, the Dogecoin price has remained largely bearish, recently dropping to the $0.0600 support level. Despite the support holding, DOGE still hangs just slightly above. If the price of Dogecoin drops below $0.0600 could see DOGE hit a low of $0.055.
Everlodge is building a blockchain property marketplace for the timeshares market. Like traditional timeshares, the marketplace will allow fractional investment in vacation homes, hotels, and luxury villas. However, this will be done digitally, using fractionalized NFTs.
The Everlodge team will collaborate with well-known hotel brands and luxury property developers to acquire these assets. Selected hotels, vacation homes, and luxury villas will have their titles, deeds, and ownership records digitized and minted into NFTs. The NFTs will then be listed on the property marketplace.
These one-of-a-kind property-backed NFTs can be divided into smaller fractions, allowing investors these properties with as little as $100. This low cost of investment will transform the timeshares market, opening it up to investors who couldn't afford the high cost of these properties.
Everlodge's unique approach has the ability to attract these investors and propel the project to become a blue chip project. The project is currently in its fourth presale stage and its utility token sells at $0.019. However, crypto experts have predicted a potential rally to $0.5 before the end of 2023.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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