In recent times, Shiba Inu (SHIB), Hedera (HBAR), and Everlodge (ELDG) have captured the imagination of crypto traders. Now, everyone’s question is: Which coin will reach the coveted $1 mark first? In this article, we’ll delve into the recent price trends of each token and the factors driving their growth.
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Shiba Inu (SHIB): One of the Top Meme Tokens
Shiba Inu (SHIB), the “Dogecoin killer,” burst onto the scene with its meme-inspired charm and quickly gained a massive following.
Recently, the Shiba Inu price is slowly losing its gains over the past few weeks. To clarify, due to the upcoming Shibarium launch hype, the Shiba Inu price soared by 19.2%. However, that hype appears to have died down as SHIB trades hands at $0.000009896, a fall of 3.55% overnight.
Moreover, its technical indicators and moving averages display strong sell signals. When looking at a $1 price point, the Shiba Inu coin would need to experience 100,000% growth. As a result, analysts remain modest as they foresee a price of $0.00001078 by December 2023 for Shiba Inu.
Hedera (HBAR): The Top Daily Loser
Hedera (HBAR) experienced a challenging 24 hours as it emerged as the top daily loser, witnessing a significant drop of 14% in its value. The Hedera crypto is trading hands at $0.0629 with a market cap of $2B.
Not even the recent Hedera news that OKX has listed its token on the perpetual market helped the value jump. Moreover, Hedera’s trading volume has also been plunging, falling by 25% overnight and now sitting at $264,177,383.
Things are not looking so good from its technical perspective, either. As a matter of fact, all moving averages are in the red. Thus, experts forecast a $1 valuation may not come anytime soon. Instead, they predict a rise to $0.065 for Hedera.
Everlodge (ELDG): An Excellent Substitute
While Shiba Inu and Hedera are trading in the red, one project currently in its presale run could outperform them both – Everlodge (ELDG). Its innovative ecosystem provides fractional ownership, rewards programs, and even property-backed loans, addressing various pain points in the $280T real estate industry.
Solving a Variety of Issues
One of the significant hurdles in real estate has been the high barrier to entry for individual investors. Everlodge addresses this by offering fractional ownership through tokenization. By minting villas and vacation homes into NFTs which are then fractionalized, Everlodge stands out. Thus, buyers can fractionally own high-end property for prices as low as $100.
Not only that, property developers often struggle to secure funding for new projects, while investors miss out on early-stage opportunities. Everlodge’s Launchpad solves this by allowing developers to raise capital from the community. Therefore, offering investors a chance to get in on the ground floor of promising real estate developments.
ELDG To Reach $1 First?
This platform’s core lies in the ELDG native token, which is now worth only $0.01. However, it is in Stage 1 of its presale, and when Stage 2 begins, a pump to $0.012 is coming. Additionally, what separates ELDG from Shiba Inu and Hedera is its low market cap. Essentially, Everlodge will experience a much faster surge as fewer new funds are needed to increase its price.
Therefore, experts are confident that Everldoge will reach $1 first and provide early buyers a 280% ROI until its presale ends. Therefore, capitalize on this growth and sign up for its presale below.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: null tx