Shiba Inu (SHIB) could potentially rally after its aggressive mechanism saw a 780,000% increase in its burn rate. Alongside it, Celestia (CEL) became a trending cryptocurrency after experiencing a 95% growth during the past month.
While these two altcoins are top performers, another crypto that can see a significant upswing in value is Everlodge (ELDG), with the momentum of its cryptocurrency ICO. Today, we will look at each project to see how far they can rise to see which is one of the best cryptos to invest in.
Everlodge (ELDG) Gains Momentum in Multi-Trillion-Dollar Market
Everlodge (ELDG) is an upcoming real estate marketplace that has gained significant momentum with its cryptocurrency ICO, which could propel it to new heights in the multi-trillion-dollar real estate market. From tools like an AI-driven predictor for future markets to a Rewards Club and Property Launchpad, it has gained the attention of traders throughout the entire Web3 space.
The platform will combine blockchain technology with the industry to make these investments accessible to anyone and enhance liquidity. Traditionally, accessing these properties was difficult as most of them would cost millions of dollars in upfront capital.
Yet with Everlodge, they will get split into smaller pieces worth $100 each, and this way, traders can access them and diversify their holdings with ease. They can be resold at any time in the future, which can result in higher liquidity as well.
Holders gain all of the benefits of owning properties, like value appreciation and passive income through rentals.
Shiba Inu (SHIB) Grows 20% – Ali Martinez Gives a Bullish Outlook
Shiba Inu (SHIB) saw an increase in activity after its burning mechanism removed over 8.5 billion tokens, which can positively impact its value. The program has already burned over 41% of its total supply. The advancements of Shibarium, Shiba Inu’s Layer-2 blockchain could contribute towards its price increase, as it also saw significant milestones, such as passing 150 million transactions in total.
Prominent crypto analyst Ali Martinez reported how this could lead to a price increase of the Shiba Inu crypto, propelling it to new heights. During the past week, SHIB traded between $0.00000939 and $0.00001165. It’s up 20% in the past month, and according to the Shiba Inu price prediction, it can reach $0.000017 in 2024.
Celestia (CEL) Grows 95.3%- Price to Reach $22.93 in 2024
Celestia (CEL) is also bullish on the charts as it showcased a massive upswing in its value. During the past week, the Celestia crypto saw an increase from $11.35 to $14.50.
The Celestia trading volume is now at $265,460,969, while its market cap is at $1,903,510,078. In the past week, the CEL crypto increased by 18%, while the 30-day increase was by 95.3%. According to the latest on-chart metrics, the Celestia price prediction puts it at $22.93 by the end of 2024.
Summary
Shiba Inu and Celestia are bullish on the charts and could reach new heights in the upcoming months. For the time being, however, all of the attention is given to Everlodge. During Stage 8 of the presale, ELDG is offered at $0.027 but can surge by 50x following its launch and listing on major exchanges. As a result, its seen as one of the best cryptos to invest in.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
Source: https://coinpedia.org/press-release/shiba-inu-price-outlook-celestia-to-rise-everlodge-sees-upswing/