The latest October memecoin market rally appears to have died down as the Shiba Inu price drops in November. Meanwhile, investors are worried about Ripple’s future price trajectory. On the other hand, Everlodge bulls are gearing up for another price increase.
Shiba Inu (SHIB) Price Plummets 3%
Shiba Inu (SHIB) saw a big price increase in the final week of October, as more people moved to meme coins. SHIB gained over 16% in the last 10 days of the month. However, recent activity on the blockchain suggests that Shiba Inu’s increase might not last long. In the past month, Shiba Inu cryptocurrency holders have been sending their tokens into exchanges.
A chart from CryptoQuant showed that between October 7th and November 2nd, 2 trillion SHIB tokens were moved into crypto exchanges. The Shiba Inu price could go down in the coming days. According to CoinMarketCap, Shiba Inu coin traded at $0.00000774 after dropping 3.2%.
Still, the Shiba Inu price prediction remains bullish. The Shiba Inu token managed to retain its 11.0% and 6.9% price pump on the 14-day and 30-day price chart. If a price reversal occurs, the price of Shiba Inu could rise toward the $0.000008 level and even to $0.00001.
Ripple (XRP) Price Forecast
The crypto market is currently looking positive, and experts are giving their Ripple price predictions. Most are being cautious, but CryptoBull is more optimistic. CryptoBull has suggested that Ripple coin might reach $220 in the next bull run. They pointed out that in XRP’s first bull run, it went from $0.002 to $3.84.
Therefore, Ripple’s XRP following the same pattern in the next bull run would take it to $220. On-chain data shows that more people are interested in Ripple crypto, with increasing active addresses and trade volume.
The price of Ripple cryptocurrency went up by about 9.7% in the last week and 12.7% in the last month. The positive sentiment around XRP is partly due to the recent Dubai Financial Services Authority news. The regulator just approved XRP’s use in the Dubai International Financial Centre.
Everlodge (ELDG) to Skyrocket To $0.025 Soon
As a relative newcomer to the cryptocurrency space, Everlodge (ELDG) differs from popular coins like Dogecoin and Shiba Inu. Nonetheless, there are valid reasons why specialists are strongly endorsing Everlodge. Everlodge wants to provide solutions for problems in the trillion-dollar real estate market.
The bulk of individuals don’t have the enormous sums of money needed to invest in such buildings. Everlodge plans to solve this by introducing a co-ownership model based on NFT fractionalization. NFTs will be created to represent properties. These fractions will represent shares in the property and start at $100.
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Join the presale: https://t.co/kIufYkD05d#Presale pic.twitter.com/9yzt5hZhul— Everlodge (@EverlodgeHQ) September 26, 2023
Everlodge plans to introduce a Launchpad program to support new projects in need of funding. Furthermore, Everlodge has launched its native token, ELDG, which is currently in the presale phase. Owning this cryptocurrency comes with benefits like rewards, passive income, and discounts.
Presently, Everlodge’s token is traded at just $0.023 and will increase to $0.025 soon. So, this is a good time to get involved. Moreover, analysts have predicted a potential 4,000% price increase in the coming months. This makes Everlodge one of the best crypto to buy now.
For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.
Source: https://www.analyticsinsight.net/ripple-price-prediction-shiba-inu-price-drops-as-everlodge-bulls-eyes-new-price-level/