As the cryptocurrency market looks for a possible trend change, Shiba Inu (SHIB) and Litecoin (LTC) have become the subject of discussions. Amidst their price struggles, crypto analysts have given their projections for these two top altcoins. Meanwhile, Everlodge has emerged as the more bullish project as it looks to disrupt real estate investment.
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Developers Tease Upcoming ShibaSwap Changes: Will SHIB Rise?
In August when the Shibarium layer 2 network launched, many Shiba Inu investors anticipated a price rise. However, since then, the price of Shiba Inu coin has been on a decline. However, with more projects in development as the project transitions from being a meme coin, the community remained hopeful.
Now, the Shiba Inu community has received a major development update for ShibaSwap, the decentralized exchange (DEX). The Shiba Inu developer announced that some updates for the DEX will be launching soon. In addition, the SHIB team has hinted at an AI project coming to the network in the coming weeks.
The Shiba Inu price has struggled with surpassing the $0.00000720 resistance. With these updates, crypto analysts have predicted a potential increase above this level. If the uptrend continues, the Shiba Inu coin could rally above $0.00000755 before making a significant increase to $0.00000851. However, if SHIB falls below the support trendline, it could drop to $0.00000600.
Litecoin Long-Term Holders Accumulate, an LTC Rally Incoming?
Like Shiba Inu, Litecoin experienced a major event in August, but without a significant price rise. From over $95 in August, the price of Litecoin tumbled to $60.2 in October. However, LTC coin investors haven’t given up hope.
According to on-chain data, inflows from long-term holders have spiked to 2-year highs. In addition, volumes of Litecoin on major exchanges soared to $370 million. Analysts predict that these investors are anticipating a price increase for Litecoin.
Historically, when the number of long-term holders’ inflows surpasses 400,000, the price of LTC coin increases. The last time it increased to this level, the price of Litecoin rose by 25% within 20-30 days. This could see the price of LTC soar to over $76.
Everlodge (ELDG) Sets the Pace in Real Estate Investment
A new crypto project that has caught the attention of investors is Everlodge (ELDG). Everlodge is creating a new platform that seeks to revolutionize the way people buy and sell real estate. The primary goal of Everlodge is to make real estate investments accessible to everyone.
In the past, large capital requirements prohibited people from investing in real estate. This problem will be solved by Everlodge utilizing NFT fractionalization. Real hotels, vacation homes, and luxury properties will be tokenized and minted as NFTs on the marketplace.
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The fractions of each NFT will represent a share of a luxury property. As a result, people do not have to acquire full property because fractionalization allows for co-ownership. This strategy will allow investors to buy shares When the property is rented or leased, holders of the NFT can earn passive income.
Using this unique model, Everlodge has been projected to begin a new era of real estate investment. As a result, there are strong bullish predictions for the utility token of Everlodge, ELDG. While ELDG is now valued at $0.023 per token in its sixth presale stage, the token has been projected to hit $0.50 before the year ends.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
The post How High Can Shiba Inu and Litecoin Prices Go? Everlodge Sets the Pace in Real Estate Investment appeared first on Analytics Insight.
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