Altcoins are currently on a market rally with top coins like Shiba Inu (SHIB), BNB (BNB), and Everlodge (ELDG) showing price increases. However, why are these tokens up today? Let us find out.
Summary:
- Shiba Inu is up 0.48% in the past 24 hours.
- Binance wants to airdrop $3 million in BNB to victims of the Moroccan earthquake.
- Everlodge has sold 85% of the tokens meant for stage 2 of its token presale.
Join the Everlodge presale and win a luxury holiday to the Maldives
Shiba Inu (SHIB) Shows Slight Recovery As Shibarium Crosses 2M Transactions
Shiba Inu’s Layer-2 blockchain, Shibarium, has achieved a significant milestone. As reported by Shibariumscan, the total transactions on this L2 blockchain now surpass 2,096,508 (2.09 million).
Interestingly, Shibarium reached this remarkable achievement within just 15 days following its relaunch. The news has sparked a price increase for the Shiba Inu coin. The increase has sent the price of Shiba Inu from a low of $0.00000700 to as high as $0.000007300.
Despite the increase in Shibarium’s activity, Shiba Inu’s prices have remained significantly low. However, crypto experts have predicted that SHIB could rally to as high as $0.00001000 if it overcomes the $0.00000800 resistance in the coming days.
Binance to Airdrop $3M BNB To Users In Earthquake Region
Binance through its philanthropic arm, Binance Charity, has announced an airdrop of $3 million in BNB to its users in the Morocco earthquake region.
Users who complete address verification in Marrakesh-Safi Province before September 9th will receive $100 as they suffered most of the earthquake. The $100 will be transferred directly into their accounts in BNB coin.
Meanwhile, active Binance users residing in other unaffected regions of Morocco will receive a $10 BNB airdrop each. Currently, the price of Binance Coin stands at $210.23, with a slight recovery along with the broader crypto market.
Everlodge (ELDG) to Democratize Access To Real Estate
Everlodge is an upcoming project that will primarily focus on addressing critical issues plaguing the real estate sector. By tackling challenges such as transparency concerns, and high entry costs, Everlodge aims to democratize access to real estate investment. Traditional real estate investments often demand substantial down payments, making market entry challenging for many individuals.
Everlodge will change this paradigm by minting and fractionalizing NFTs to represent shares in properties. This will allow anyone to purchase a fraction of digitized luxury vacation homes or hotels, for as little as $100.
Additionally, Everlodge enhances transparency through smart contracts, which record ownership details and other vital information. Market analysts are keeping a close eye on the Everlodge presale as investors stack up the ELDG token at a discounted price.
Buying this token offers enticing benefits, including free nightly stays in various properties, staking rewards, governance participation, and more. Everlodge is at Stage 2 of its presale and is trading at $0.016. Analysts project that this crypto has the potential to soar by 35x upon its official launch.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/shiba-inu-and-bnb-sees-small-price-gains-while-everlodge-leads-market-rally/