The cryptocurrency industry was founded on innovation. As such, projects are constantly working on ways to innovatively improve.
Dogecoin is on the cusp of its biggest achievement since it launched in 2013. The Dogecoin-funded DOGE-1 moon mission has just received NTIA approval.
In other news, Doge’s major competitor, Shiba Inu, has failed to capitalize on a 5,000x surge in burn activity. With no significant price action, analysts have considered if now’s the best time to buy the meme coins.
Another innovation that has caught the attention of the crypto space is Everlodge. The project has integrated artificial intelligence into its property marketplace for better efficiency. Read on to find out more about these latest updates.
Dogecoin (DOGE) Has Received a Major Boost in Its Moon Mission
Since Dogecoin launched in 2013, the project has recorded minimal development that has caused excitement. To address this, the DOGE team thought about a way to add utility to the meme coin above speculative trading.
They announced the DOGE-1 mission to send the first physical Dogecoin token to the moon. While it is sponsored by DOGE, the project collaborated with prestigious entities, including NASA.
The mission has now received a major boost from the National Telecommunications and Information Administration (NTIA). With the NTIA’s clearance, Dogecoin only needs one more FCC license to validate its objective.
The announcement has had a beneficial impact on the price of Dogecoin. With the announcement, DOGE has risen by more than 7%. Experts have estimated that Dogecoin may hit a high of $0.10 when the moon mission launches on December 23.
Shiba Inu Burn Rate Spikes By 500,000%, Price Remains Flat
Another exciting meme coin in the news today is Shiba Inu. The Ethereum-based meme coin recently recorded a massive surge in the burn rate of the Shiba Inu coin.
According to Shibburn data, over 264.20 million SHIB were destroyed, marking an increase of almost 500,000% from November 27. The meme coin also witnessed a 49.21% increase in trading volume.
Despite this major increase in activity, the Shiba Inu coin showed minimal price action. The price of Shiba Inu has remained locked within the $0.00000800 and $0.000008500 range.
For a significant price upswing, the Shiba Inu price would first need to break above the $0.00001000 resistance.
Everlodge (ELDG) To Increase Profitability With AI Integration
When Everlodge introduced the world’s first blockchain marketplace for real estate, the project was hailed as a potential blue-chip crypto. Now, Everlodge has unveiled the integration of artificial intelligence to improve the profitability of the platform.
At first, the platform allowed users to buy tokenized properties that were represented as NFTs. This made it possible for NFT holders to profit passively from the leasing or renting of the property. Everlodge has advanced its earning potential using artificial intelligence.
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— Everlodge (@EverlodgeHQ) October 23, 2023
Users will now be able to assess and predict possible property prices thanks to the newly integrated AI tools. By doing this, they will be able to make early investments in real estate that would eventually provide enormous profits.
Everlodge has a number of products, such as a Rewards Club, where users can earn passive income. Users would be able to earn free stays at a variety of hotels and locations through the rewards club. Your activity level determines how many complimentary stays you are eligible for through the rewards program.
These overnight stays can be sold by users, opening up another revenue stream. Additionally, Everlodge tokens can be bought for a very low price of $0.025 per token. Based on its current growth rate, analysts project ELDG’s price will reach $0.50 by Q1 2024.
For more information about Everlodge (ELDG) please visit their website.
