.png){kind=logo}
- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Due to the inherent volatility surrounding the crypto market, it's of the utmost importance for investors to remain cautious and only invest in promising projects. Careful consideration and solid analysis of cryptocurrencies can go a long way in making investment decisions.
As a result, this article will analyze the market and review Shiba Inu (SHIB), Cardano (ADA), and Everlodge (ELDG). Analysts project that one of these altcoins can spike by 20x, so keep on reading to find out more.
The Shiba Inu (SHIB) crypto has slipped in value during the past week. Its expected to rise in the future. The Shiba Inu community is waiting for a relaunch that should put the crypto on a path towards recovery.
Its RSI remains close to 40, indicating continued selling pressure that has put the crypto at a discount when compared to its most recent levels. In addition, the Shiba Inu 30-day moving average remains some distance under the 200-day average.
The Shiba Inu support level has held up well amid the recent falls, implying that it has bottomed out and should not fall much further before recovering. According to the Shiba Inu price prediction, it can reach $0.00001078 by the end of the year.
The Cardano (ADA) crypto is still hovering around the $0.26 price range and has struggled to reclaim some of the losses after the crypto crash that occurred during the previous week.
However, despite the recent worries, long-term Cardano crypto holders are increasing their holdings so far throughout H2, 2023. The Cardano transaction volume increased consistently during H2, where the August lows surpassed the Q1 peak by over 52%.
With 1.35 billion Cardano cryptocurrencies added to investor holdings in the past two months, long-term investors hold 32% of the total circulation supply.
Everlodge implements an innovative approach that utilizes blockchain technology to make luxury properties worth millions of dollars accessible to anyone.
In other words, Everlodge introduces a unique property marketplace that deals in luxurious properties that are represented by fractional NFTs. The tokenization procedure also enhances liquidity and enables a broader range of people to participate in real estate investments.
Traditional investors will need to put in a lot of upfront capital in order to get access to a property. Everlodge changes this through fractionalized NFTs, which can lower the barrier of entry to just $100.
In addition, as all of this is stored on-chain, it offers an unparalleled level of transparency and security. The deeds and titles of any property are stored in the metadata of the NFT and cannot be lost, which also eliminates fraud.
ELDG is the native token, and through holding it, users can get free nightly stays at all of the available and supported properties. Moreover, each holder can also engage in the governance process and get staking rewards. One token costs just $0.012 during Stage 1 of the presale. Analysts project a 20x climb upon its launch.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
