By Guest Writer • Published: 21 Aug 2023 • 11:47
Image: Everlodge
The crypto landscape has shifted recently, and there has been a major spike in the trading volume of numerous altcoins. This is an indication that investors are moving money around and diversifying. Shiba Inu (SHIB) recently saw a spike in its volume by 42%, leading many to speculate how far it can jump in value. However, an upcoming project known as Everlodge has already sold millions of tokens, making it a sought-after altcoin.
Summary
The Shiba Inu (SHIB) crypto recently experienced a massive upswing in value, which also translated to an increased amount of trading for the altcoin.
In fact, its trading volume spiked by 42% in the past 24 hours, where it’s now at $457,291,637. Moreover, the cryptocurrency has a market cap of $5,855,705,350. As of August 16, 2023, the Shiba Inu crypto trades at $0.00000991.
During the past week, its low point was at $0.00000971, while its high point was at $0.00001061. In addition, within the past 30 days, Shiba Inu increased by 25%, and in the past 14 days, it’s been up 19.7%. This massive uptick in value has led to many investors diversifying with it. In fact, according to the Shiba Inu price prediction, it can reach $0.00001078 by the end of the year.
Everlodge is an upcoming project that has been selling tokens at a rapid basis, and trades at just $0.01 during the Stage 1 presale. Moreover, once the presale raises a total of $400,000, its value will then increase to $0.012 as it moves towards Stage 2. This upward momentum and the overall trend have left analysts to predict that the ELDG token can spike by 20x when it launches.
So why will this growth happen? Well, the global real estate market is worth $280 trillion in total. However, it can be difficult for the everyday person to enter it, as they would typically need to put down a lot of upfront capital. Many properties are worth $1,000,000 or even above that. Everlodge innovates by using blockchain technology to bring this cost of entry down to just $100.
The platform digitises thin mint properties as NFTs. These NFTs can then get fractionalized. Users can now just buy a single fraction of a property and, as a result, can build an entire portfolio without a lot of upfront capital.
Moreover, holders of the native token have fixed monthly interest for passive income upon staking the token. In addition, anyone can get free nightly stays across the properties within the ecosystem, depending on their tier. As for security, the platform is fully decentralised and enables self-custody.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Sponsored
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.