Everlodge (ELDG) Projected To Become a Crypto Unicorn
Out of the thousands of crypto projects, only a small percentage have achieved unicorn status. However, Everlodge is expected to join this exclusive group due to its innovative and disruptive nature. The project aims to create a property marketplace for timeshares by digitizing them as NFTs.
These NFTs will be fractionalized and sold in smaller shares, allowing investors to own multi-million dollar vacation homes for as little as $100. The property-backed NFTs can be freely exchanged across platforms, increasing liquidity in the timeshare market. Holders of these NFTs also have the opportunity to win a vacation to the Maldives.
The platform’s utility token, ELDG, has already experienced a 100% price increase and is predicted to see a 25x price increase as the platform launches.
Binance Coin (BNB) Remains Stuck in Consolidation
Binance Coin started the year strong but has been stuck in consolidation since August. However, market analyst Crypto Rand believes that Binance Coin could break out soon based on three support levels it has defended. If it regains resistance at $230, the price could rally to the $260 range or even higher if the broader crypto market is bullish.
Shiba Inu (SHIB) Set for Meteoric Rise?
Despite struggling with bearish momentum throughout the year, Shiba Inu has potential for growth. Analysts remain optimistic about SHIB due to its transition from a meme coin to an ecosystem with utility. Upcoming projects such as Shibarium, ShibaSwap 2.0, ShibaNet, Treat Token, SHI Stablecoin, and an upcoming AI product are expected to drive the price up. SHIB could reach a high of $0.00001200 by the end of the year.
Hot Take: Cryptos Poised for Exciting Moves
While Binance Coin has been consolidating, there are promising signs for both Everlodge and Shiba Inu. Everlodge’s disruptive property marketplace has attracted investors and its utility token, ELDG, is expected to see significant price growth. Shiba Inu’s transition into a utility ecosystem and upcoming projects have analysts predicting a rise in its price.
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