Unpredictability and volatility are the intrinsic features of the crypto market. Therefore, to minimize risks, investors should do a thorough analysis of cryptocurrencies. In this article, we will analyze the market performances of Shiba Inu (SHIB), Stellar (XLM), and a new project, Everlodge.
Interestingly, this new project has become a hot asset in the crypto world due to its uniqueness, and enormous growth prospects. Investors have flocked to the presale of this new project to gain maximum profits.
The developers of Shiba Inu (SHIB) faced embarrassment when the mainnet launch of Shibarium, a Layer-2 blockchain, did not go as per the plan. Soon after its mainnet launch, Shiba Inu's (SHIB) Shibarium suffered a technical challenge. Thus, Shibarium was sent back offline.
However, the Shiba Inu (SHIB) team has announced that Shibarium is live again. There was massive hype around Shibarium before its launch, and Shiba Inu (SHIB) benefitted from it. However, the last few weeks have turned bearish for Shiba Inu, as SHIB has been losing its market position.
Subsequently, Shiba Inu's (SHIB) trading price has dipped by more than 23% in the past week. At press time, a Shiba Inu (SHIB) token is available at $0.00000790.
Amid the current market rout, Stellar (XLM) is working on enhancing its ecosystem for better user experience. However, Stellar's (XLM) price trajectory has not been convincing for investors.
The trading price of Stellar (XLM) has plummeted by 22% in the past month, and currently stands at $0.12. Recently, Stellar (XLM) launched the open-source "Stellar Disbursement Platform." With this development, Stellar (XLM) aims to facilitate cost-effective, faster, and transparent digital disbursements across the globe. The Stellar (XLM) platform will allow companies, and individuals to process bulk disbursements using digital assets.
According to a research report, the market size of the global real estate industry is expected to grow at a CAGR of 5.2%, and reach $5.85 trillion by 2030. To encash this growing opportunity, Everlodge has unveiled a state-of-the-art Web3 platform that has disrupted the crypto market as well as the hospitality industry.
The new blockchain platform will help people own vacation homes, and luxury villas for just $100. The platform will be minting non-fungible tokens against vacation properties, including luxury villas and hotels. Thereafter, it will fractionalize the NFTs to allow small investors to purchase them. The platform's ecosystem comprises four components: Launchpad, Rewards Club, Lending, and Marketplace.
ELDG is the native crypto of the platform, and its holders will get multiple benefits. These benefits include discounts on transaction fees, property raffles, and holiday giveaways. Besides, staking rewards will also be given to the token holders. An independent firm has audited the smart contract of the tokens. The platform's team has also completed a KYC.
The presale stage of the platform has started, and the tokens are available to purchase at $0.01. However, their value is expected to pump by 280% during the presale phase. To maintain stability on the platform, Everlodge will lock the team tokens for two years, and the liquidity pool for eight years. As per its whitepaper, the platform is eyeing to raise $12 million during the presale, post-which the tokens will become live on Uniswap.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.