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Meme coins, Floki Inu (FLOKI) and Shiba Inu (SHIB), are struggling as the market tries to recover. Meanwhile, Everlodge is ready for a bullish rally.
Floki Inu (FLOKI) started the year on a low, but managed to gain upward momentum in March. The price graph has been erratic but hopeful for the community. However, the recent crashes pushed Floki Inu (FLOKI) down to the $0.000020 mark. The Floki Inu (FLOKI) token is trading at $0.00001831, at press time, after losing 2.90% in the last 24 hours.
Despite the 15.20% increase in trading volume, Floki Inu's (FLOKI) market cap is down by 2.77%. However, not everything is lost for Floki Inu (FLOKI) investors. The token is one of the top 5 dog coins of the year. Analysts say Floki Inu (FLOKI) has a moderate profit potential.
Though Floki Inu (FLOKI) is not hyped as much as Dogecoin (DOGE), it is still gaining social engagement. This news brings relief to the Floki Inu (FLOKI) community. However, they need to work hard to nudge the price back to its former glory.
Shiba Inu (SHIB) is inching close to the $0.000007827 mark after the recent crashes. The Shiba Inu (SHIB) token seemed to have a bullish August until the market turned unfavorable. Despite gaining 1.01% in the month, Shiba Inu (SHIB) is still nowhere close to its target. In fact, Shiba Inu (SHIB) is more than 100% down from it's all-time high of $0.00008616 in October 2021.
In such instances, Shiba Inu (SHIB) can gain momentum only if the community pushes hard. Analysts say trillions of Shiba Inu (SHIB) tokens should be burned for the price to go bullish. Moreover, it could be difficult to delete a single zero if there aren't enough transactions on Shibarium.
Shiba Inu (SHIB) is $.000007926 at press time, with a 4.59% decrease in 24 hours. The market cap is also down by 4.44%, to hover at $4.67 billion. With the trading volume up by 20.39%, can Shiba Inu (SHIB) hope for a positive price swing – only time will tell.
Everlodge is introducing the world's first fractional co-ownership of vacation homes, luxury hotels, and villas. It aims to combine AirBnB and Web3 to provide passive income, and high rewards. The platform will digitize and mint vacation properties into NFTs. It will further fractionalize the NFTs into smaller fragments for users.
Furthermore, the ecosystem will consist of a marketplace, launchpad, lending, and rewards club. The launchpad will allow property developers to raise capital from the Everlodge community, and offer handsome returns. Additionally, users can leverage their NFTs as collateral to get loans.
Moreover, the global vacation home rental market is expected to be $94 billion in 2023, with an estimated growth rate of 3.37%, to touch $108 billion by 2027. The increase in property value will proportionally increase the NFTs' value. Furthermore, the native token, ELDG, is rallying for a bullish swing. Priced at $0.001, the token will grow by 280% by the launch date.
Token holders can stake their share of ELDG to earn a fixed monthly income. They are also eligible for other discounts and rewards. Buy Everlodge tokens today, and stand a chance to win a luxury holiday in the Maldives.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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Disclaimer: Analytics Insight does not provide financial advice or guidance. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
