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- Insights
- Cryptocurrencies
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- White Papers
- Industry
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While meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have enjoyed their moments in the spotlight, a new contender has emerged on the horizon—Everlodge (ELDG). The mass migration from established meme tokens to Everlodge signifies a fascinating change in the crypto landscape, offering a new avenue for potential gains for discerning investors.
While Dogecoin and Shiba Inu thrived on community-driven movements and the sheer power of viral trends, Everlodge offers a richer, more grounded investment narrative rooted in the real estate world.
At the core of Everlodge's appeal is its pioneering approach to democratizing luxury real estate investment. It breaks down the barriers of entry, making the dream of owning a fragment of upscale properties — like a $9 million penthouse in Manhattan — an achievable reality, even for those looking to invest just $100.
The Launchpad bridges the gap between ambitious property developers and potential investors. This symbiotic setup allows developers to crowdfund directly from the Everlodge community, providing investors with an exclusive opportunity to jump on board high-potential real estate projects right from the start.
Adding another feather to its cap, Everlodge's Rewards Club offers an innovative twist to investment rewards. Members can earn complimentary stays in some of the world's most exclusive properties and have the option to trade these stays — a perfect blend of luxury and profitability.
As the crypto community matures, the shift away from meme tokens to more serious projects like Everlodge signals a coming of age for the industry. Dogecoin and Shiba Inu holders are buying ELDG tokens for $0.010 during phase 1 before the price rises in phase 2.
Analysts are commenting that Everlodge's innovative approach to real estate investment could upend the $280 trillion industry. As such, a 30-fold increase by the time ELDG tokens hit exchanges in 2023 shouldn't come as a surprise.
From its meteoric rise to $0.73 in mid-April, Dogecoin has plunged by 91% to its current price of around $0.06379 (16% in the last week alone). Many experts believe this downturn stems from Dogecoin's limited practical applications, coupled with competition from other meme-based digital currencies like Shiba Inu and Pepe.
The road ahead for Dogecoin looks uncertain. Predictions suggest it may oscillate between $0.05 and $0.10 until either the broader altcoin market gains momentum or Dogecoin is adopted on a global scale.
One wild card remains Elon Musk, the tech tycoon behind Twitter, Tesla, and SpaceX. His vocal support for Dogecoin could potentially rejuvenate its market position in the months ahead. However, given Musk's tendency to back and abandon projects, it's unclear whether he will remain committed to the asset over the long term.
Like Dogecoin, Shiba Inu also has a loyal following of supporters who appreciate its meme culture and low token price. However, also like Dogecoin, Shiba Inu's lack of use cases has made it difficult to attract investors and establish a strong foothold in the market.
The current price of $0.000008497 represents a 21% fall this week and a 90% fall since the all-time high. Shiba Inu holders are now realizing that memecoins only perform well during bull runs that attract inflows from individual traders who are willing to speculate on their potential.
As such, Shiba Inu holders are selling their tokens and are looking for alternatives that offer more potential for long-term investment. Everlodge describes this sentiment perfectly with its unique take on a trillion-dollar market.
The $0.000010 resistance is also providing a challenge to Shiba Inu's growth prospects. A breach of this price zone should see modest gains for Shiba Inu, but a sustained break and uptrend remain uncertain in this climate.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
