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Bonk to Surge Despite Recent Correction Analyzed by Pentoshi – Shiba Inu and Everlodge to Spike in 2024

11 months ago
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Bonk (BONK), one of the most popular Solana-based meme coins, saw a major upswing during the past month, which led to many accumulating the crypto. Yet, according to a notable crypto analyst, late bulls are being punished on the crypto. Shiba Inu (SHIB) also showcased solid performance, especially with Shibarium, and many are now diversifying their holdings with Everlodge (ELDG). 

This upcoming platform will enable fractional NFT ownership of properties that can increase in value. We will go over each one to see why they are the best altcoins to buy.

Bonk (BONK) Punishing Late Bulls, According to Pentoshi – Crypto Can Still Surge in 2024

Bonk (BONK) saw a price upswing of over 1,000% during the month, making it one of the fastest-growing Solana-based meme coins in the industry. As a result, many turned to it, but according to Pentoshi, a pseudonymous cryptocurrency analyst, the crypto is now punishing late bulls. The analyst noted how Bonk experienced a sharp drop since the upswing, but despite this slump, it’s still up over 72.8% in the past two weeks. 

Going over the on-chart data for the Bonk crypto, it saw a price upswing from $0.00001777 to $0.00002469 before retracing to $0.00001891. According to the Bonk price prediction, it can reach $0.000033 by the end of 2024. 

Shiba Inu (SHIB) Can Reach $0.000019 in 2024 Based on On-Chart Data

Shiba Inu (SHIB) also saw a notable increase of 34% in the past month, making it a bullish crypto to get into. During the past week, Shiba Inu saw an upswing from $0.00000972 to  $0.00001124. During the past week alone, the SHIB crypto increased by 5.5%. 

Moreover, the Shiba Inu market cap is now at $6,478,563,828, and its trading volume has hovered around the $221,250,747 range, indicating a healthy upward pattern is possible. According to the Shiba Inu price prediction, it can surge to $0.000019 by the end of 2024. 

Everlodge (ELDG) Can Spike 70x Based on the Latest Projections

Everlodge (ELDG) is seen as a game changer in the $280 trillion dollar real estate market as it can completely change how people can gain access to it. Its growth will be fueled by the introduction of blockchain-based elements into the industry, which will solve liquidity, transparency, and accessibility issues.

Luxury hotels and villas will get minted into NFTs on top of Everlodge. Through the fractionalization approach, they will get split into smaller pieces, all of which have a value of just $100. This will add liquidity to the market, as anyone can buy them and then re-sell them at any time in the future. 

If a property is worth $7,000,000, it can get fractionalized into 70,000 different pieces worth just $100 each. This way, just about anyone will be able to get them.

The smart contract’s metadata will store the details that are important, like title deeds and other ownership data. There will even be a dedicated Property Launchpad. Through it, anyone will be able to access funding opportunities from the community, and those who jump into properties early this way can get the highest ROI. These aspects make ELDG one of the best altcoins to buy.

Summary

Bonk could swing back up, and Shiba Inu is moving upwards in value. In the meantime, Everlodge made massive waves with its crypto ICO. At Stage 8, the crypto is offered at a value of just $0.027. As a result, this represents a solid entry point for those looking to diversify.

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Source: https://www.analyticsinsight.net/bonk-to-surge-despite-recent-correction-analyzed-by-pentoshi-shiba-inu-and-everlodge-to-spike-in-2024/