Can Bitcoin (BTC) and Shiba Inu (SHIB) Face Current Market Challenges? Experts Quote Everlodge (ELDG)

This article will focus on the three most talked about cryptocurrencies: Bitcoin (BTC), Shiba Inu (SHIB) and Everlodge. We will analyze their current market performance and profitability. Experts have already placed Everlodge at the top of growth and profit charts. So what are the reasons for these? Let’s find out.

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

Stock Exchange Supply of Bitcoin (BTC) Dropped

The Bitcoin community values ​​recent on-chain data that reveals investors’ confidence in BTC. According to data, Bitcoin (BTC) experienced a decrease in its supply on exchanges. According to analysts, the decreasing supply of foreign currency indicates that investors are accumulating Bitcoin (BTC) for long-term investment.

Santiment’s data shows that the percentage of Bitcoin (BTC) held on exchanges dropped by 5.80%. However, this development did not have a positive impact on Bitcoin (BTC). The trading price of Bitcoin (BTC) has fallen 11% in the past month. Subsequently, one Bitcoin (BTC) token can now be purchased at $26,086.47.

Shiba Inu (SHIB) Releases Mixed Performance

Shiba Inu (SHIB) has witnessed many price corrections in the last few weeks. Then, the market value of Shiba Inu (SHIB) fell by 3% in the past month. At the time of writing this news, one Shiba Inu (SHIB) token can be purchased for $0.000000809.

Meanwhile, data from CryptoQuant shows that the supply of Shiba Inu (SHIB) tokens on the exchange has increased. Moreover, the number of whale addresses in the Shiba Inu (SHIB) network has also decreased.

These developments have caused many investors to be wary of Shiba Inu (SHIB), which is nearly 90% below its all-time high of $0.00008616. However, the Shiba Inu (SHIB) experienced an increase in social volume and emotions gained weight.

Exciting news, Everlodge community!

We’ve successfully completed our KYC audit with Block Audit Report.🎉

This shows our commitment to transparency and trust. Rest assured, we’re here for the long haul! 🚀

Check out the full report here: https://t.co/VWanCP5OIx#KYC #crypto pic.twitter.com/8z4tzWrV5C

— Everlodge (@EverlodgeHQ) August 30, 2023

Everlodge (ELDG) Presale Reignites Bullish Glow

Everlodge revolutionized the real estate industry with its unique Web3 product. Developed a blockchain platform that caters to the vacation property industry. According to a research report, the value of the global real estate industry could reach $729.40 trillion by 2028. So, with this huge target market size, this new Web3 platform can do wonders in the crypto world.

It will help users invest and own luxury villas and vacation homes for as low as $100. The platform will mint NFTs (non-fungible tokens) for real estate properties and break them into smaller units. In particular, all the details of the property such as title deed, ownership and title will be stored in the metadata of the smart contract.

The market price of these NFTs will depend on the property where they are minted. Considering the past records of the real estate industry, it would not be wrong to say that the value of these NFTs will increase over time. Additionally, the platform’s ecosystem has 4 components: Rewards Club, Launchpad, Lending and Marketplace.

ELDG tokens will serve as the fuel of the platform’s ecosystem. Holders will receive numerous benefits such as discounts on transaction fees, staking rewards, as well as free stays in luxury hotels and villas. Moreover, the platform will only cooperate with well-established and well-known hotel chains and developers.

ELDG’s pre-sale is going through phase 3 and one token can currently be purchased for $0.018. Additionally, Everlodge’s market value is expected to increase by 280% at the end of the pre-sale round and by 30 times after launch.

Learn more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge

Disclaimer: This content is a sponsored article. Bitcoinsistemi.com is not responsible for any damage or negativities that may arise from the information above or any product or service mentioned in the article. Bitcoinsistemi.com recommends readers to do individual research about the company mentioned in the article and reminds that all responsibility lies with the individual.