Recently, Shiba Inu (SHIB) and THORChain (RUNE) have been experiencing bullish momentum, but uncertainty looms. In contrast, Everlodge (ELDG) has taken the spotlight with impressive 60% gains. Keep reading to discover how long this bullish momentum will last and explore why Everlodge may top the charts in 2023.
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Shiba Inu (SHIB): Riding the Bull
Shiba Inu (SHIB), known for its meme-inspired origins, has been bullish lately. In fact, the Shiba Inu price reached $0.00001071 in mid-August, up 63% from its dip in June. This surge came as the project finished the Shibarium network relaunch.
In recent Shiba Inu news, Shytoshi Kusama, the head of Shiba Inu, recently announced the completion of WBONE. This Shibarium-based token is designed to represent BONE in a standardized format suitable for smart contracts and dApps within the Shibarium network.
This development hints at Shiba Inu’s commitment to enhancing its ecosystem, potentially leading to increased adoption and utility. Therefore, experts remain bullish for the long-term growth of Shiba Inu. As a result, they forecast a rise to $0.00001078 for the Shiba Inu price by the end of 2023.
THORChain (RUNE): Navigating the Bull Market
THORChain (RUNE), an essential player in decentralized finance (DeFi), has also shown resilience amid market turbulence. THORChain’s unique cross-chain capabilities and liquidity pools make it a favorite among DeFi enthusiasts.
THORChain experienced an impressive surge in monthly trading volume in August, exceeding $1B. A significant contributing factor to this growth was the introduction of streaming swaps, which expanded strategic opportunities for users. Due to THORChain’s commitment to innovation, its demand could grow.
Thus, market analysts claim that there is a bright future ahead for the THORChain crypto. As a matter of fact, they predict that the THORChain price may reach $1.19 within Q4 of 2023.
Everlodge (ELDG): The Emerging Presale Star
Amid the buzz surrounding Shiba Inu and THORChain, Everlodge (ELDG) has quietly emerged as a top performer. Its impressive 60% surge during its ongoing presale indicates growing interest in this blockchain-based real estate platform. This property marketplace will become a dominant force in the $280T real estate market by solving issues associated with it.
For example, investing in real estate has traditionally been reserved for high-net-worth individuals and institutions. But Everlodge changes this by digitizing and minting luxurious properties into NFTs, which are fractionalized. Even those with limited capital can participate in the real estate market, as NFT fractions can cost as low as $100.
Additionally, real estate investments tend to be illiquid, making it challenging for investors to convert their assets into cash quickly. Everlodge allows everyone to sell or trade their property-backed NFTs on its secondary marketplace anytime. Thus providing a level of liquidity previously unseen in real estate.
Currently, the project’s native token, ELDG, is worth just $0.016 as it is in Stage 2 of its presale. Holding this token brings you staking rewards, various discounts, and free nightly property stays. These benefits are appealing as millions of tokens have been sold already. Consequently, experts in the field predict a 118% rise to $0.035 before the presale ends for ELDG.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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