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Meme Coins Are Fun But The Real Money Is Made With Utility-Driven Tokens

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The dynamic crypto world sees rapidly changing trends. Lately, there has been a notable transition away from meme-based coins like Shiba Inu (SHIB) and Pepe (PEPE) towards tokens with tangible utility. At the forefront of this shift is Everlodge (ELDG), an innovative project at the intersection of blockchain and real estate.

Summary

  • Shiba Inu’s little room for growth contributes to the shift in sentiment
  • Pepe’s absence of real-world use cases makes it unappealing
  • Everlodge’s intersection with real estate grants it tangible real-world application

Join the Everlodge presale and win a luxury holiday to the Maldives

Shiba Inu (SHIB): Unappealing Growth Potential

Shiba Inu (SHIB) is a meme-influenced coin and the main token within the Shiba Inu ecosystem. It was launched in 2020 and gained traction thanks to its vibrant community and open support from influential figures. Currently, it is the second most popular memetoken and ranks among the top 20 cryptocurrencies by market cap.

Undoubtedly, Shiba Inu is a top player in the crypto scene. However, the decline in meme frenzy has resulted in a shift in sentiment. Moreover, its large market cap can be attributed to the shift towards low-cap gems with potential.

Nevertheless, Shiba Inu plays a pivotal role in the crypto space despite its low potential for growth.

Pepe (PEPE): Lack of Tangible Utility

Pepe (PEPE) is a memcoin built on the Ethereum blockchain. Despite launching in the second quarter of 2023, it has risen to be a top cryptocurrency. Remarkably, Pepe is the third most popular memetoken and a top 100 cryptocurrency by market cap.

However, just like many meme coins, Pepe lacks tangible utility. Therefore, it is primarily fueled by hype and popularity.

As a result, it has become largely unpopular among investors who prioritize utility over memetokens. Moreover, with the declining meme hype, Pepe ranks low as investors favor utility-driven projects instead.

Everlodge (ELDG): Property-Influenced Token

In stark contrast to Shiba Inu and Pepe, Everlodge (ELDG) is experiencing an unprecedented surge in interest. Its presale is currently in its fourth stage and selling out fast. Notably, its appeal lies in its convergence between real estate and blockchain technology.

By aiming to become the world’s first property co-ownership platform, it intends to revolutionize the real estate sector and democratize vacation home ownership. Traditionally, the real estate industry is characterized by affluence. Hence, Everlodge seeks to reimagine the holiday home landscape by allowing fractional investment with as little as $100.

Remarkably, its groundbreaking business model will allow co-ownership of multi-million-dollar luxury properties in the most sought-after destinations in the world. Through co-ownership of properties, investors will generate a monthly income while enjoying the perks of value appreciation.

To start building a real estate empire, users only need to follow three simple steps. First, register and connect your DeFi wallet, which only takes a few minutes. The next step is to browse through its listings of hotels, vacation homes, and luxury villas around the world. Finally, investors can now purchase properties via cryptocurrency.

This exciting project is currently in its early stages, providing a unique opportunity to be an early adopter. Moreover, at its current price of $0.019, it has staggering room for growth. According to industry experts, it will soar by 30x in 2023, making it a compelling investment.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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