Tough Road to Recovery for Dogecoin (DOGE) and Shiba Inu (SHIB): Everlodge (ELDG) Races Ahead in Presale

Meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), have started recovering, though they need to overcome more hurdles. However, Everlodge is attracting large investors to its presale.

Join the Everlodge presale and win a luxury holiday to the Maldives

Dogecoin (DOGE) is on the Road to Recovery 

Dogecoin (DOGE) pulled off a weekly gain of 0.20% after much struggle. While the price graph looks like a sine wave with green and red, Dogecoin (DOGE) could register a definite upward movement. Some say this is due to Elon Musk's tweet from last week. He said, 'X is a dog and doge friendly place.'

Needless to say, Dogecoin (DOGE) could rise to new heights if bulls capitalize on this trend. With the RSI also shifting upward, Dogecoin (DOGE) is ready for a positive price action. The token is priced at $0.06307, at press time, after gaining 1.05% in the last 24 hours. Furthermore, the market cap has also increased by 1.06%.

Though Dogecoin's (DOGE) monthly loss is 18.81%, it can rally to cross the $0.0707 level. Post that, Dogecoin (DOGE) should break through $0.0814. If bulls push hard enough to clear this resistance, Dogecoin (DOGE) can touch $0.1060. With a support level of $0.061, the community is hopeful for a strong recovery, and bullish momentum.

How Shibarium's Relaunch Is Affecting Shiba Inu's (SHIB) Price

Shiba Inu (SHIB) registered a 2.20% increase in 24 hours to touch $0.000008132, at press time. Even the weekly graph of Shiba Inu (SHIB) is in green with 2.77% gains. Shiba Inu (SHIB) is firmly on the road to recovery, though experts say it still has significant obstacles. The relaunch of Shiba Inu's (SHIB) Shibarium mainnet has been a relief to the community.

Data shows that Shibarium has more than 65,000 wallets, and processed 350,000 transactions. The lead developer, Shytoshi Kusama, said the Shiba Inu (SHIB) community has been resilient, and determined during the last few days. He also said their efforts are paying off. Shibarium processed 132,739 transactions on the next day of the relaunch.

In other news, Shiba Inu (SHIB) recorded a series of five red candles, denoting a bearish sentiment. However, bulls seem to be gaining strength. If they can continue to rally hard for the next few days, Shiba Inu (SHIB) might break resistance at $0.00000869.

Everlodge (ELDG) Completes 21.17% of Presale Target

Everlodge is a crypto platform for users to co-own vacation properties from around the globe. Thus, users will be able to fractionally invest in luxury villas, hotels, and vacation rental properties, and earn passive income. 

Statistics show that 35% of global vacation rental properties are in Europe, while 20% are in the US. In such instances, the platform will pave the way for investors to co-own vacation properties without geographical restrictions.

Furthermore, each property will be digitized and minted into NFTs. These NFTs will be fractionalized to empower investors to buy a share of a vacation property despite smaller budgets.

Moreover, the Everlodge ecosystem will consist of a launchpad, marketplace, rewards club, and lending. Users will be able to stake their ELDG tokens for a fixed monthly income. They can also use the tokens as collateral to get loans through the platform. Meanwhile, ELDG is priced at $0.012 in the early stages of the presale. Analysts predict it will rise by 280% in the coming days.

Join the presale to be eligible for memberships, rewards, discounts, and surprise holiday wins.

Find out more about the Everlodge (ELDG) Presale 

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge