Shiba Inu and Dogecoin prices volatile, Everlodge prices firm


Shiba Inu enthusiasts have been busy the past few months as Shibarium gains momentum. Dogecoin is facing challenges, but supporters remain steadfast. Meanwhile, Everlodge continues to strengthen.

SHIB is bullish

Trading at $0.0000082, SHIB is firm. 

Despite falling last week, the token is up 5% in the past month. At the same time, its average daily volume exceeds $100 million, pointing to sustained interest.

Even so, SHIB is volatile. Between June and August, the token rose by 63% before stabilizing. Momentum rose again in October and November, forcing the token up 35%. 

Technical indicators pick out $0.0000091 as a critical resistance level. A bullish breakout could bring $0.0000106 into focus. 

As November 2023 draws close, analysts expect the token to rally, buoyed by bullish sentiment in December.

In 2024, analysts expect Shiba Inu to register new highs.

Dogecoin mocked on TV

The popular television show Saturday Night Live recently poked fun at Dogecoin, implying that the new Argentinian president, Javier Milei, may consider adopting DOGE. 

The joke reflected the unstable nature of Dogecoin and the Argentinian peso. 

Argentina’s new president is pro-crypto

Dogecoin has a market cap within the top 10, with approximately $141 billion in circulation and a trading value of around $0.077. 

The Fear & Greed index indicates a “greed” trend at 73. Still, predictions suggest that Dogecoin will remain stable in the short term, with expected trading prices ranging between $0.0659 and $0.08 in December. 

However, long-term projections indicate that Dogecoin will remain bullish, with a target trading price between $0.0803 and $0.073 in 2023. In 2024, Dogecoin could range between $0.0454 and $0.0599. 

Despite difficulties during the crypto winter, Dogecoin has proven resilient and remains popular among savvy investors. While it may not experience the same explosive growth seen in 2021, Dogecoin can be considered.

Everlodge: an alternative to Dogecoin and Shiba Inu?

While memecoins have made some people rich, only a handful out of millions have been successful. 

Real-world assets (RWAs), like property, precious metals, stocks, and bonds, have more enduring value. 

Asset managers and blockchain CEOs see tokenizing RWAs as a crucial crypto application.

Everlodge capitalizes on this trend by tokenizing holiday real estate on the blockchain. Investors can buy fractions of these tokenized properties as NFTs.

This means that even with a small investment, ordinary people can own vacation properties and receive income. Alternatively, they can invest larger sums but diversify their portfolio across various properties in different locations. 

ELDG, the native token of Everlodge, will be used for property purchase discounts, as a medium of exchange, and for rewards like free nightly stays in luxury vacation properties. Additionally, ELDG holders can stake.

Everlodge is currently in presale, offering ELDG at $0.027. The project will launch next year.

Visit Everlodge

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



Source link

About The Author

Scroll to Top