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- Insights
- Cryptocurrencies
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- Industry
- Geography
Did you miss out on the gains from Shiba Inu? If so, consider these three projects that have real world utility, and find out which has the biggest potential for positive price action and massive growth.
XRP is poised to transform the banking industry forever. Whilst the continent of Europe has access to fast and free SWIFT cross border banking transfers, those transacting with the United States and other countries will know the cost and slowness of the current banking system. And this is where XRP can really shine.
However, after the recent conclusion of the long standing SEC vs XRP case, XRP gained in value, only to lose its gains shortly after.
According to Coincodex and other sources, the yearly XRP inflation rate is high at over 15%, and at present, only 50% of the tokens are currently in circulation.
Moreover the Ripple team unlocked 1 billion XRP tokens on September the 1st, only to relock them on September the 3rd, after the XRP price dropped below the psychological threshold of $0.50.
This means that the XRP team have approximately $100 million worth of tokens that they can deploy into the ecosystem, which could cause volatility to the price.
All that said, rumors suggest that Blackrock may be changing its focus to XRP and whilst unproven, the wide scale adoption from financial institutions and banks may make XRP very valuable in the long term.
Solana has had its fair share of woes, being so closely tied to FTX. As so many Solana tokens were held by FTX, the ongoing sell off of these assets is causing sell pressure. Not only that but the Solana blockchain became infamous for its outages and network halts.
Still, Solana has some advantages over its competitors, including an easy to use UI for developers. And, as it is easier to use Rust rather than Solidity for programming, that's another win for Solana and the development potential.
Although other chains such as Coinbase's Base, Arbirtrum and Optimism are attracting a higher Total Value Locked (TVL), Solana is not far behind with $1 billion on chain. At the current price of $20 per coin, Solana may be undervalued, especially when we consider its pre FTX valuation of around $250 per coin.
While XRP and Solana are mature projects but in some way fallen giants, Everlodge is the David to their Goliath. Everlodge looks to assist the retail investor by opening up real estate investments to everyone, no matter how big or small their capital.
They aim to achieve this by creating an ecosystem that allows people to co-invest in vacation rental homes and properties. These properties will be represented on the Ethereum blockchain, by tokenized NFTs.
Where things get really interesting is the ability for these assets to be fractionalised, meaning that people can start with as little as $100 and buy a piece of real estate. All of the red tape surrounding property purchases is taken care of, and there are no credit checks or other hassles to worry about.
In the true spirit of blockchain technology, all user owned assets are decentralized and held in the investors' wallets.
Everlodge is currently in presale, which means that, unlike say, XRP and Solana, there is a huge amount of room for growth. The current price of their native token is $0.018, and this will keep rising until the presale ends at $0.038. It will then be launched on Uniswap and experts predict a 30x on launch day.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
