Solana Poised to Retest $84.91
An anonymous analyst, Bluntz, suggests that Solana (SOL) may reach a new high after completing an ABC correction and maintaining support at $51. Over the past week, SOL prices rose from $52.21 to $64.16, adding 82.5%. In the past year, Solana has seen a 336.3% increase, currently ranking as the 7th largest by market cap. Based on on-chart data and projections, SOL can reach $84.91 by Q1 2024.
Shiba Inu Predicted to Reach $0.000013
Another analyst, Kaleo, anticipates a potential rally for Shiba Inu (SHIB) after prices broke above the horizontal resistance and retested the level as support. SHIB remained within the $0.00000780 to $0.00000899 range with a market cap of over $4.7 billion. The token can retest $0.000013 early next year according to Shiba Inu price predictions.
Everlodge Disrupts the Hospitality Industry
Everlodge (ELDG) is also gaining attention for its potential to disrupt the $4.548 trillion hospitality industry. The platform aims to democratize access to real estate properties in the industry by allowing individuals to own fractional shares for as little as $100. Everlodge plans to mint properties as NFTs and fractionalize them, enhancing transparency through smart contract metadata storage of key details such as title deeds and ownership information.
The native token, ELDG, is currently trading at $0.025 in stage seven of the presale and serves as the utility token for staking and governance.
Hot Take: Solana, Shiba Inu, and Everlodge Set for Potential Growth
Analysts suggest that Solana, Shiba Inu, and Everlodge all have the potential for growth in the near future. SOL could retest $84.91 by Q1 2024 based on projections. SHIB may climb to $0.000013 early next year after breaking resistance and finding support. Everlodge aims to disrupt the hospitality industry by democratizing access to real estate properties through fractional ownership. With its innovative approach and attractive token utility, Everlodge has the potential to outperform other cryptocurrencies in the market.
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