A New Meme Coin Is Taking Over Biggies Like Dogecoin (DOGE) and Shiba Inu (SHIB); Why Are Investors Rallying Behind Everlodge (ELDG)

Everlodge

Since the overall crypto market is having a bearish bias, investors are looking for projects that can offer them a safety cushion. Thus, Everlodge is the best option in the market.

Its ongoing presale has become a massive hit. Although Dogecoin (DOGE) and Shiba Inu (SHIB) have also shown some growth, they are no match for this new project’s profitability. Let’s read about Dogecoin (DOGE), Shiba Inu (SHIB) and this new project in detail.

Join the Everlodge presale and win a luxury holiday to the Maldives

Dogecoin (DOGE) Attracts Whales To Its Network

Despite the overall bearish market conditions, Dogecoin (DOGE) has been able to attract big whales to its network. Moreover, as per the latest on-chain data, the number of accounts holding a large amount of Dogecoin (DOGE) has increased. Thus, the count of Dogecoin (DOGE) whales has doubled in recent weeks.

However, this has failed to positively impact the price movement of Dogecoin (DOGE). In the past thirty days, Dogecoin’s (DOGE) value has decreased by 2.4%.Thus, the trading price of a Dogecoin (DOGE) token has slumped to $0.0615. 

Shiba Inu (SHIB) Gets Push To Increase Shiabrium’s Adoption

Shiba Inu (SHIB) has aggressively been working on expanding its ecosystem for the last many weeks. The latest effort in this series was Shiba Inu (SHIB) launching its Layer 2 blockchain, Shibarium. Now, Shiba Inu (SHIB) has received a major push in its efforts to increase its adoption.

Recently, Unification, the start-up behind Shiba Inu’s (SHIB) Layer 2 blockchain, unveiled its validator node. This development can propel users’ engagement with the Shiba Inu (SHIB) network.

Subsequently, Shiba Inu (SHIB) has witnessed an upward movement. Shiba Inu’s (SHIB) current trading price is $0.00000730, following a price increase of 0.07% in the past 24 hours.

Everlodge’s (ELDG) Crypto Explosion Stuns Crypto World

The hospitality industry contributes around 8% of the global GDP, according to a report published by the World Travel and Tourism Council (WTTC). Thus, people all over the world are interested in investing in holiday properties. Everlodge has created a Web3 platform that will revolutionize this fast-growing industry. Its native crypto is ELDG.

The demand for this new crypto project is growing multifold. Therefore, the platform can soon become a market leader. The project will give you a chance to own a luxury vacation home, or villa for just $100.

It will create NFTs (non-fungible tokens) for vacation properties, hotels, and luxury villas. Then, it will fractionalize these NFTs for small investors to buy. The Everlodge ecosystem consists of four different components: Lending, Rewards Club, Launchpad, and Marketplace. The Rewards Club is the platform’s USP. It allows you to bag rewards, like free stays in premier hotels and access to luxury real estate properties. Meanwhile, Launchpad will help developers raise funds for future projects.

If you own an ELDG token, you can stake it to yield extra income. It also has several perks for its owners, including discounts on fees and giveaways. The platform is undergoing presale stage 3, where people can buy tokens for $0.018. In the next stage, tokens will cost $0.019. Analysts believe that the value will go up by 280% during the presale round.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

Source: https://www.analyticsinsight.net/a-new-meme-coin-is-taking-over-biggies-like-dogecoin-doge-and-shiba-inu-shib-why-are-investors-rallying-behind-everlodge-eldg/