Memecoins can offer huge returns for investors. However, they can also be risky for those who don’t do their research. One memecoin that made hundreds of millionaires in 2021 is Shiba Inu. The Dogecoin rival rose to fame in 2021 after significant price surges and remains a key memecoin to this day.
Now however, a new project is looking to challenge Shiba Inu. Everlodge is an exciting new DeFi project designed for the travel property market. The project introduces a lucrative new way to invest, and could offer memecoin level returns during its presale.
Click Here To Find Out More About The Everlodge (ELDG) Presale
The Everlodge Presale Continues To Surge
Everlodge is taking vacation property ownership digital. The platform lets owners mint properties such as villas, hotels and vacation homes as fractionalized NFTs. These NFTs are then sold to investors who will own a percentage of the property based on how much they invest.
For example, a $150,000 investment into an NFT worth $1.5 million will give investors a 10% share of the property. As the value of the property increases, so will the value of the NFT an investor holds.
Everlodge is already proving to be extremely popular during its presale. It quickly sold out during its beta and stage one phases, triggering an increase in its native token value from $0.01 to $0.016. This rise has generated additional interest from investors worldwide, who are looking to capitalize on future price increases and lucrative rewards.
One such reward is free nightly stays at properties within the Everlodge ecosystem. Token holders will be granted stays based on how many tokens they hold. These stays can be used for travel purposes, or as another income source. For example, if an investor gets a free stay during dates when they’re not free, the stay can be sold for a profit.
In addition, Everlodge token holders will also earn trading discounts, staking opportunities, and discounts on properties being sold.
As the project’s momentum builds, many investors have become extremely bullish about Everlodge. During its presale, ELDG tokens will increase to $0.035, and are expected to surge again once listed on major exchanges.
Shiba Inu Falls Despite Successful Shibarium Launch
Shiba Inu is currently on a downwards spiral after its latest update, Shibarium, got off to a rocky start. An initial error with the platform caused over $1 million worth of Ethereum to become stuck on the Ethereum to Shibarium bridge, instantly damaging the reputation of the project.
Shibarium’s relaunch has since been a huge success, with over 1.1 million new wallets being created. Nonetheless, Shiba Inu’s value continues to fall. Over the last 30 days, Shiba Inu’s price has decreased by 20.09% to $0.000007564.
Many Shiba Inu investors are now using social media to express their frustration about the project’s lack of profits. This has only caused Shiba Inu to decrease further, as more investors begin to lose confidence.
That being said, Shiba Inu could still offer good returns for investors who get involved now. Although its launch got off to a bad start, Shibarium is growing exponentially, and investors are now flocking to the platform.
This growth will likely trigger a rise in Shiba Inu’s popularity, which will drive up the token’s value before the end of 2023.
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.
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