This article will focus on the three most talked-about cryptocurrencies – Bitcoin (BTC), Shiba Inu (SHIB), and Everlodge. We will analyze their current market performances, and profitability. Experts have already placed Everlodge at the top of the growth, and profit charts. So, what are their reasons? Let’s find out.
Bitcoin’s (BTC) Exchange Supply Plummets
The Bitcoin community is cherishing the recent on-chain data, which reveals investors’ trust in BTC. As per the data, Bitcoin (BTC) has witnessed a decline in its supply on exchanges. According to analysts, the declining exchange supply implies that investors are accumulating Bitcoin (BTC) for long-term investment.
Santiment’s data shows that the percentage of Bitcoin (BTC) held on exchanges has declined by 5.80%. However, this development has failed to make any positive impact on Bitcoin (BTC). The trading price of Bitcoin (BTC) has dipped by 11% in the past month. Subsequently, a Bitcoin (BTC) token is now available to purchase at $26,086.47.
Shiba Inu (SHIB) Posts Mixed Performance
Shiba Inu (SHIB) has witnessed many price corrections in the last few weeks. Subsequently, Shiba Inu’s (SHIB) market value has gone down by 3% in the past month. At press time, a Shiba Inu (SHIB) token is available to buy at $0.000000809.
Meanwhile, the data from CryptoQuant shows that the supply of Shiba Inu (SHIB) tokens on exchange has increased. Moreover, the whale address count on the Shiba Inu (SHIB) network has fallen.
These developments have made many investors wary of Shiba Inu (SHIB), which is about 90% below its all-time high of $0.00008616. However, Shiba Inu (SHIB) has witnessed a rise in its social volume, and weighted sentiments.
Exciting news, Everlodge community!
We've successfully completed our KYC audit with Block Audit Report.🎉
This shows our commitment to transparency and trust. Rest assured, we're here for the long haul! 🚀
— Everlodge (@EverlodgeHQ) August 30, 2023
Everlodge (ELDG) Presale Reignites Bullish Flare
Everlodge has revolutionized the real estate industry with its unique Web3 product. It has developed a blockchain platform that caters to the holiday properties sector. According to a research report, the global real estate industry’s value can reach $729.40 trillion by 2028. Hence, with this massive target market size, this new Web3 platform can do wonders in the crypto world.
It will help users invest in, and own luxury villas and vacation homes for as low as $100. The platform will mint NFTs (non-fungible tokens) for real estate properties, and fractionalize them into smaller units. Notably, all the details of the property, such as titles, ownership, and deeds will be stored in the metadata of the smart contract.
The market price of these NFTs will depend on the property against which they have been minted. Considering the past records of the real estate sector, it is safe to say that these NFTs’ value will increase over time. Besides, the platform’s ecosystem has 4 components: Rewards Club, Launchpad, Lending, and Marketplace.
ELDG tokens will act as the fuel of the platform’s ecosystem. Their holders will receive a plethora of benefits, such as discounts on trading fees, staking rewards, as well as free stays in plush hotels, and villas. Moreover, the platform will collaborate with only well-established, and renowned hotel chains and developers.
The presale of ELDG is undergoing stage 3, and a token is now available to purchase at $0.018. Additionally, Everlodge’s market value is likely to increase by 280% by the end of the presale round, and 30x upon the launch.
Find out more about the Everlodge (ELDG) Presale
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