The crypto market is a volatile one, and this week has been no exception. Shiba Inu (SHIB) and Polygon (MATIC) have both seen their prices decline, while Everlodge (ELDG) has soared.
Join the Everlodge presale and win a luxury holiday to the Maldives
Shiba Inu’s (SHIB) Shibarium RPC Node Sets New Record, But Challenges Remain
Shiba Inu’s (SHIB) Shibarium has had a strong start, with its RPC node handling over 7 million requests in its first week. Hence, both developers and businesses are interested in Shiba Inu’s (SHIB) Shibarium. However, there are some potential challenges for Shiba Inu (SHIB) to address.
For example, the Shiba Inu’s (SHIB) Shibarium RPC node is currently run by a small number of companies, which could lead to centralization. Additionally, there is a risk of exploitation pertaining to security vulnerabilities, which can attack the network, or steal users’ funds. The price of Shiba Inu (SHIB) has risen by 1.44% in the past 7 days.
However, Shiba Inu (SHIB) has fallen by 0.62% in the last 24 hours, and 0.55% in the last hour. The current price of Shiba Inu is $0.00000745 per SHIB, which is 77.41% below its all-time high of $0.00008616.
Polygon (MATIC) zkEVM gets a big update, but price goes down
Polygon (MATIC) zkEVM has achieved a significant milestone by completing its first upgrade, known as the Dragonfruit Upgrade.
This upgrade marks a major step forward for Polygon (MATIC) zkEVM since its launch in mainnet beta in March 2023. The upgrade includes key improvements such as support for the PUSH0 opcode, which makes Polygon (MATIC) zkEVM Mainnet Beta one of the first EVM-compatible networks to support this opcode.
Polygon (MATIC) zkEVM combines the benefits of lower transaction costs, zero-knowledge proofs, increased throughput, and Ethereum’s base-layer security. Thus, Polygon (MATIC) zkEVM aims to provide an efficient, and secure environment for decentralized applications.
However, despite the successful upgrade, the price of Polygon (MATIC) has decreased by 1.65% in the last 24 hours, and 0.19% in the past hour. Polygon (MATIC) is currently trading at $0.53. Polygon (MATIC) is 81.87% below its all-time high of $2.92.
Everlodge (ELDG): Own vacation homes in the world’s top spots
Everlodge is a new platform that allows you to invest in vacation homes for as little as $100. Thus, people of all income levels can own a piece of a vacation home in their favorite destination.
Imagine you want to buy a vacation home with a group of friends. You could each buy a share of the house, and then you would all be co-owners. Everlodge will do something similar, but instead of using paper contracts, it will use blockchain technology to create NFTs that represent ownership of a share of the property.
Investors will be able to rent out their share of the vacation home to other people, and make money while you’re not using it. Furthermore, token holders will be able to build wealth over time by investing in real estate with a small amount of money. Everlodge will offer properties in some of the most popular vacation destinations in the world.
Moreover, holders of ELDG tokens will earn regular monthly payments. The tokens can be bought for $0.018 each right now, and experts believe that their price could go up by 20 times after the presale ends.
Fractional ownership of NFTs has recently increased the valuation of NFTs by over $225 million.
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-shib-and-polygon-matic-slip-while-everlodge-eldg-soars-80/