Shiba Inu made headlines throughout August after its Shibarium release. The Layer-2 scalability platform is designed to offer fast transactions for tokens in the Shiba Inu ecosystem. These include SHIB, Bone (BONE), and Leash (LEASH).
However, Shibariums launch experienced several issues, causing $1.7 million worth of Ethereum to become stuck on the network. This caused Shiba Inu’s value to temporarily decline, and new projects like Everlodge to gain momentum.
But how do the two compare going into September?
Click Here To Find Out More About The Everlodge (ELDG) Presale
Everlodge Introduces a Smart Way To Own Vacation Homes
Everlodge is pushing the boundaries of DeFi innovation with its exciting new application. The project gives investors the opportunity to fractionally invest in vacation properties. The platform covers a number of property types including luxury villas, vacation homes, and even hotels.
In the current $280 trillion property landscape, many investors are priced out of investments with high price tags. With Everlodge’s fractional ownership however, investors can get involved without needing large budgets.
Rather than buying an entire property outright, investors can buy an NFT that represents a fraction of the property. Each NFT will let investors generate a passive income, and will increase in value in line with the property itself.
Aside from vacation property investments, Everlodge also lets investors support property developments. Everlodge will launch an innovative launchpad, designed to help investors fund the latest developments. This could offer significant returns, allowing investors to quickly build their portfolios.
Everlodge’s native token, ELDG, is currently in stage one of its presale. Tokens are selling for $0.012 and will increase to $0.016 shortly, with stage ones supply already 90% sold out.
Token holders will earn several rewards within the Everlodge ecosystem. One reward that has investors excited is the opportunity to earn free stays at properties throughout the Everlodge ecosystem. Each stay can be used as a holiday, or alternatively can be sold through Everlodge or via a third party platform.
Everlodge is expected to become a huge hit throughout the DeFi ecosystem. It could revolutionize how investors interact with vacation properties, and has been audited by BlockAudit to give investors peace of mind.
With stage one almost sold out, investors are buying tokens faster than ever to capitalize on future price increases.
Shiba Inu Recovers After Rocky Shibarium Launch
Shiba Inu (SHIB) suffered a sharp decline over the last two weeks, dropping to $0.000007991. This drop was caused by two factors.
Firstly, fluctuations throughout the cryptocurrency space. Both Bitcoin and Ethereum have declined over the past week. This has had a knock on effect, causing Shiba Inu to decline.
Secondly, the launch of Shibarium didn’t go quite to plan. The platform went live on August the 16th. However, within 24 hours an estimated $1.7 million worth of Ethereum was caught on the bridge between Ethereum and Shibarium.
This caused confidence in Shiba Inu to decline, resulting in a dip in Shiba Inu’s value. Nonetheless, the launch has somewhat recovered. As of August the 31st, user growth reached nearly 100,000. On the 25th of August, transaction volume also reached 132,000.
As of the 1st of September, Shibarium’s total value locked hit $1.26 million. This is expected to grow exponentially throughout September, increasing the value of Shiba Inu in the process.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/crypto-dilemma-choosing-between-everlodge-and-shiba-inu/