A whale has made a big move by purchasing 300 billion Shiba Inu tokens. On the other hand, a crypto analyst has joined the crypto prediction fever and forecasted Ripple to $1 and then $32. Meanwhile, Everlodge’s December Meme contest has seen huge attention as crypto enthusiasts showcase their memes.
Shiba Inu (SHIB) Attracts Whale Attention
Per recent data compiled by the analytical platform Spot on Chain, a whale with the address ‘0x865’ .amassed a total of $51.54 million. This particular address engaged in the acquisition of five distinct cryptocurrencies, including Shiba Inu. Shiba Inu token emerged as the third-largest asset in this accumulation spree.
The whale purchased 300 billion SHIB tokens, worth over $2.47 million. However, these accumulations failed to spark a notable shift in price appreciation for most of the assets.
Entering the month of December, the Shiba Inu coin is valued between $0.00000806 and $0.00000851 with 1.2% gains of the 7-day chart. According to analyst’s Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 10.04% to $ 0.000009108.
Ripple (XRP) Price Prediction
In a YouTube video released on November 30th, the crypto analyst known as “DustyBC” repeated his optimistic outlook on Ripple. The analyst made a comparison between Ripple’s current market performance and its actions during the 2017 Bitcoin bull run.
He said that the Ripple value has decreased by 33%, although Bitcoin has increased by 250% since its 2017 peak. He projected that after the SEC case, Ripple XRP will go to $1 and possibly pump to $32. Currently, Ripple price is pegged between $0.596983 and $0.634147 on the 7-day chart.
Unlike most tokens, the price of Ripple has jumped 2.0% and 52.2% in the past month and year, respectively. According to Ripple price prediction, Ripple cryptocurrency is predicted to rise by 32.31% and reach $ 0.806110 by December 6, 2023.
Everlodge (ELDG) NFT Fractionalization Explained
Everlodge’s (ELDG) primary objective is to democratize real estate investment, ensuring accessibility to all and sundry. In conventional real estate investment models, high capital is demanded. Everlodge allows users to acquire fractional ownership in luxury properties, with initial investments starting at a mere $100.
The tokenization of real estate properties as NFTs makes this possible. For instance, a Miami luxury home worth $8 million might be split up into 80,000 NFT fractions, with each being worth $100. This innovative strategy removes obstacles to entrance and allows more people to participate in the real estate market.
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Everlodge has also integrated AI technology that has the potential to completely transform the real estate industry. Users can now track real-time worldwide real estate prices. This artificial intelligence (AI) application provides priceless insights into property valuations for particular areas and periods of time. Furthermore, it has the ability to predict real estate investment markets.
Everlodge has a native token, ELDG, which gives holders a range of privileges. They include fee discounts, governance rights, and exclusive VIP membership benefits. Notably, the ELDG token offers an opportunity for passive income through staking. Currently valued at $0.025, industry experts have predicted a future price increase to $0.50 by Q1 2024.
For more information about Everlodge (ELDG) please visit their website.
The post Top Analyst Bullish On Ripple’s Rise To $32, As Whale Scoops 300B Shiba Inu Tokens appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/top-analyst-bullish-on-ripples-rise-to-32-as-whale-scoops-300b-shiba-inu-tokens/