Crypto investors are constantly seeking opportunities with growth potentials to diversify their portfolios. As the crypto landscape shifts three altcoins – Solana (SOL), Shiba Inu (SHIB), and Everlodge (ELDG) have emerged as top investment options.
Summary
- NFT buyers have jumped to 46,500 on Solana, fueling a SOL price surge
- The number of long-term Shiba Inu holders has jumped to 70% as investors anticipate a rally
- Analysts forecast a 20x rally as Everlodge transforms the real estate industry
Join the Everlodge presale and win a luxury holiday to the Maldives
Solana (SOL) Gains Amidst Spike in NFT Market
In contrast to the trend of the broader crypto market, the price of Solana (SOL) has been steadily increasing. The increase in the price of the Solana coin comes amidst a surge in activity in the non-fungible token (NFT) market of the network.
Over 3,500 buyers were recorded in the Solana NFT market in the last 24 hours. Also, NFT sales volume on the network clocked $1.2 million. The total NFT sales on Solana increased by 1,095% in the last 30 days to $32 million with 46,500 buyers.
As a result, the Solana price has been on the rise. In the last 24 hours, SOL has increased by 1.8% and now trades at $24.92. Crypto experts have predicted that SOL will break above the $25 resistance in the coming days and rally to as high as $30 in August.
Long-Term Shiba Inu (SHIB) Holders Reach 70%, Rally Incoming?
The popular meme coin, Shiba Inu (SHB) has been building excitement over the last eight weeks. In addition to the increase in the price of the Shiba Inu coin, the number of long-term holders has also been growing.
According to on-chain data provided by IntoTheBlock, the number of long-term Shiba Inu holders has hit an all-time high of 883,000. This represents 70% of the total number of SHIB addresses. SHIB holders have been increasing in anticipation of a major price rally.
The launch of Shibarium – the network’s layer 2 protocol has been fueling the bullish sentiment. At the time of this writing, the Shiba Inu price stands at $0.00001031. However, crypto experts have predicted a rally to $0.00001500 in the coming weeks.
Investors Give Reasons Why Everlodge (ELDG) is the Best Option Now
Veteran investors have been stacking Everlodge (ELDG) tokens, as the project looks set to transform the real estate industry with its hybrid co-ownership model. Everlodge looks to onboard hundreds of thousands of investors into real estate, allowing them to own properties with as little as $100.
The magnitude of the real estate industry – valued at over $280 trillion –gives Everlodge immense growth potential. The Everlodge platform will use NFT fractionalization to onboard investors into the real estate space.
Using this method, investors will be allowed to buy shares of hotels, luxury villas, and holiday apartments. Users can benefit from platform privileges like staking, free hotel stays, discounts, and other prizes.
With this many prospects, crypto experts have strong bullish predictions for Everlodge. Now trading at $0.01 in the beta presale stage, ELDG has been forecasted to trade as high as $0.35 before the year ends.
Find out more about the Everlodge (ELDG) Presale Today:
Website: http://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://en.cryptonomist.ch/2023/08/16/top-altcoins-solana-shibainu-everlodge/