The evolution of the cryptocurrency industry continues, highlighted by Shiba Inu’s recent drive to transition from a meme coin. While the development of the Shiba Inu ecosystem grows, Cardano has recorded a spike in the amount of staked ADA. Also, a new project, Everlodge (ELDG) has been gaining traction over its new model that could revolutionize the real estate industry.
Summary:
- As the Shiba Inu ecosystem expands, experts have predicted a major SHIB rally to $0.000015
- Staking on the Cardano network has soared to 63.4% of all ADA tokens
- Everlodge has introduced a new co-ownership model that experts say could revolutionize real estate investment
Join the Everlodge presale and win a luxury holiday to the Maldives
Shiba Inu (SHIB) Ecosystem Development Picks Up Pace
Initially launched as a meme coin to challenge Dogecoin, Shiba Inu (SHIB) is currently undergoing evolution. With the recent launch of its layer 2 network, Shibarium, Shiba Inu is ready to transition into a fully blockchain ecosystem.
In just a week of its launch, the Total Value Locked (TVL) in Shibarium has surpassed $1.3 million. In the coming weeks, Shiba Inu will launch the BONE (WBONE) token, verify of smart contract, and migrate its ShibaSwap DEX to Shibarium.
With these events lined up, crypto experts are bullish about the Shiba Inu coin. Following its recent 5% rally, the price of Shiba Inu reclaimed the $0.000008200 resistance. However, crypto experts have predicted that the Shiba Inu price could reach $0.00001500 in the coming weeks.
Cardano Staking Soars, ADA Price Shows Minor Gains
The leading blockchain platform for development, Cardano (ADA), opened the week on a very bullish note. On-chain analysis shows that 88 million ADA tokens worth approximately $23 million were staked on the Cardano network on Monday.
As a result, the total percentage of the Cardano coin staked has increased to 63.43%. The report helped ADA bulls fiercely defend the $0.25 support level. Following this, the Cardano price rebounded on this level and proceeded to trade higher.
The bullish momentum pushed the ADA price as high as $0.2789 before facing rejection. Still bullish, Cardano will need to generate more momentum in the coming days for a move above the $0.2800 resistance.
Everlodge (ELDG) Set To Revolutionize the Real Estate Industry
A new project that has been gaining massive attention from investors over its new investment model is Everlodge (ELDG). Combining blockchain technology and NFTs, Everlodge introduces a new hybrid property co-ownership arrangement.
Most investors cannot afford to buy vacation homes due to the exorbitant cost. Everlodge is addressing this issue by issuing fractional non-fungible tokens (NFTs) backed by hotels, vacation homes, and luxury villas.
Titles, deeds, and ownership records for these properties will be digitized and distributed via blockchain. These properties will be issued as fractional NFTs, and because they can be divided on a blockchain investors can buy for as little as $100.
According to crypto experts, Everlodge’s revolutionary co-ownership investment model could lead thousands into the real estate industry. With its revolutionary model, crypto experts have predicted that Everlodge’s utility token, ELDG, could rally from $0.012 to as high as $0.5 before the year ends.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/shiba-inu-ecosystem-development-grows-cardano-staking-soars-and-everlodge-set-to-revolutionize-the-real-estate-industry/