Since Bitcoin revolutionized the financial landscape, many tokens have come into existence. For traders who have knowledge of fundamental and technical analysis, analyzing a token may seem easy. However, newbie traders usually depend on speculations across the crypto space before deciding on which token to invest in. In this article, we will look at Dogecoin (DOGE), Shiba Inu (SHIB) and Everlodge (ELDG), which are the three tokens that have sparked a reaction.
Summary
- Dogecoin is positioning itself for a massive rally in August .
- Shiba Inu drops, but investors remain optimistic of a rally.
- Everlodge is set to disrupt the real estate industry with digitized NFTs.
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Dogecoin (DOGE) Position To Rally After Latest X Move
In recent times, Dogecoin (DOGE) has lost out to the different meme coins that have flooded the crypto market. Coupled with the bearish signals that have engulfed Dogecoin, investors are beginning to lose hope in the token. However, things are coming back into shape for Dogecoin after speculation erupted in the crypto space that Elon Musk is planning moves to push Dogecoin into shape.
Having used Dogecoin as a payment option on Tesla, Elon Musk is planning to bring the initiative to X. With the huge popularity of the X platform, making Dogecoin a payment option for ads will shore up the image and potentially push up the price. With this development, Dogecoin could be heading for a massive rally in August .
Shiba Inu (SHIB) To Benefit From Latest Meme Coins Rally
Although Elon Musk is obsessed with Dogecoin, other meme coins like Shiba Inu are set to benefit from the rise. Elon Musk is reported to be planning a financial launch on the X platform, which is geared toward meme coins..
Meanwhile, Shiba Inu is currently trending the bearish path, having lost 3.79% of its value in the last 24 hours and trading at $0.0000095.
However, Shiba Inu trading volume is facing upward momentum after going up by 60.49% in the last 24 hours to stand at $452 million. With the latest buzz surrounding meme coins, investors are optimistic that Shiba Inu will begin to rally in August .
Everlodge (ELDG) Projected for a Massive Rally in August
The utility features of Everlodge have sparked massive attention in the crypto market. This is because of its revolutionary approach of decentralizing the highly profitable real estate industry by making it accessible to every investor.
Everlodge will achieve this lofty idea by converting the physical real estate into digitized NFTs. This will allow investors to fractionally own some portions of the property that has been minted into NFTs.
Where physical real estate comes with exorbitant prices, investors can get fractionally digitized real estate for as little as $100. Everlodge has different rewards for its token holders, such as getting an annual free night stay at any of their properties.
The ELDG token, which is the native token, will be used for transactions across the platform. The toke is available for a presale price of $0.01. With an exhilarating journey to transform real estate investment, crypto experts have predicted that the Everlodge token’s value will surge by up to 5x in August .
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/three-tokens-projected-to-rally-in-august-dogecoin-shiba-inu-everlodge/