Cardano (ADA) And Shiba Inu (SHIB) Lose Market Share To Experts’ Favorite Everlodge (ELDG)

Everlodge

The last quarter of 2023 is about to begin, and investors want to end the year on a high note. Therefore, they have thronged to the presale of Everlodge. This new project has shown tremendous growth potential with its presale success. On the other hand, Cardano (ADA) and Shiba Inu (SHIB) investors are still making losses.

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

Cardano (ADA) Sees An Uptick In TVL

The Cardano (ADA) network is witnessing several developments in its ecosystem. Recent market reports have suggested that the Cardano (ADA) network has been able to perform well in terms of network growth.

Data shows that the number of daily interactions, and transaction volume on the Cardano (ADA) network has spiked significantly. Besides, the total value locked (TVL) on the Cardano (ADA) network has also seen an uptick. However, the price trajectory of Cardano (ADA) is still bearish.

In the past 30 days, the market value of Cardano (ADA) has fallen by 16%. Therefore, the current trading price of Cardano (ADA) is $0.26.

Shiba Inu’s (SHIB) Growth Marred By Market Bears

After the launch of Shibarium, the Shiba Inu community was hoping for a price increase in SHIB. However, to their dismay, the price of Shiba Inu (SHIB) has suffered a drop.

Over the last 30 days, Shiba Inu’s (SHIB) market value has fallen by more than 3%. Thus, a Shiba Inu (SHIB) token is currently available to trade at $0.00000801. Earlier, Shiba Inu’s (SHIB) Layer 2 blockchain, Shibarium, went live and registered several new wallets. However, the growing bearish sentiments around Shiba Inu (SHIB) have hurt its growth trajectory.

LunarCrush’s data shows that bearish sentiments around Shiba Inu (SHIB) have intensified by 5% over the last week. Besides, social engagements of Shiba Inu (SHIB) have plummeted by 32%.

Everlodge (ELDG) Emerges As The New Market Champion

The latest market data suggests that the value of the real estate industry can grow at a CAGR of 3.52% between 2023-28. Now, a pioneering blockchain platform, Everlodge, has unveiled a novel business roadmap that will disrupt the real estate market. This Web3 platform enables individuals to own holiday homes, luxury villas, and other vacation stays for as little as $100.

The platform will collaborate with renowned hotel chains, and property developers to add quality vacation stays to its ecosystem. Next, it will mint NFTs against real estate properties. Following this, the platform will fractionalize these digital tokens to allow people to purchase them in small quantities. Additionally, the price of the NFTs will be directly linked to real estate properties against which they have been minted. Therefore, the value of these NFTs is poised to grow over time.

Moreover, Everlodge users can enjoy the privilege of the Rewards Club. The club members receive free stays at hotels and properties registered with the platform. ELDG users can also apply for a loan using their NFTs as collateral.

ELDG will be the platform’s native cryptocurrency that will give a wide range of benefits to its owners. It is undergoing stage 3 of its presale, and the market price of a token is $0.018, following an increase from its launch price. Moreover, Its price will rise further in the next phase. Besides, analysts have forecasted that its market price may surge ballistically, by 280%, before the culmination of the presale phase.

Find out more about the Everlodge (ELDG) Presale

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

Telegram: https://t.me/everlodge

Source: https://www.analyticsinsight.net/cardano-ada-and-shiba-inu-shib-lose-market-share-to-experts-favorite-everlodge-eldg/