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Following Bitcoin’s recent rise, the altcoin market is poised for a major rise. Three projects that could deliver returns based on the sponsored content sender are Shiba Inu, Everlodge, and Polkadot. Each of them offers new DeFi applications that are likely to experience dramatic price increases in 2024, according to investors. According to the project team, Everlodge made significant gains during the pre-sale and is claimed to be on track to hit a new all-time high before the end of the year.
Polkadot’s Rise After Market Correction
In the last bull run, Polkadot (DOT) maintained its position with a strong performance. The value of Polkadot rose to $7.50, but with the subsequent market correction, DOT fell to $7.04. However, key indicators show that Polkadot is preparing for another rally.
In the last 24 hours, Polkadot’s daily trading volume increased by 4% and the price of Polkadot increased by 4.5%. This bullish move suggests that Polkadot could experience another rally before the end of December.
Additionally, Polkadot’s phenomenal usage could be the main driver in Q1. Experts believe Polkadot is undervalued, having undergone several upgrades in 2023, and think its value may jump in the next bull market.
Shiba Inu’s Success Continues in 2023
Shiba Inu’s success continues to surprise the crypto market. Since the launch of Shibarium, the Shiba Inu has reached many important milestones. Shibarium quickly surpassed 100 million transactions, and Shiba Inu launched a magazine called The Shib, created for Shiba Inu investors. These milestones increased the price of the Shiba Inu, rising almost 20% in December.
Now, Shiba Inu has announced that it will be partnering with D3 Global heading into 2024. D3 Global is a domain name company that aims to bridge the gap between Web 2.0 and Web 3.0. By partnering with a domain company, it increases the Shiba Inu’s chances of widespread adoption. For example, future payments in D3 domains may be made using Shiba Inu tokens.
Following this announcement, the price of the Shiba Inu increased and is up 10% in the last week. As ecosystem growth reaches new heights, experts predict that Shiba Inu could become the number one memecoin by the end of 2024.
Everlodge: The Project That Changes Ownership of Holiday Homes
While Polkadot and Shiba Inu are market innovators, their potential pales in comparison to Everlodge, according to the Everlodge team. Everlodge quickly gained momentum in Q4 and is claimed to be close to completing its pre-sale by the end of Q1 2024.
Everlodge aims to revolutionize the way individuals purchase vacation homes. In the current market, individuals will purchase a home as a major investor or have the home transferred to them. With Everlodge, investors will be able to share profits by sharing ownership of a property with several investors.
According to his team, this attractive new ownership method significantly reduces the amount an investor needs to get started in the industry. Instead of paying millions for a single property, investors can allegedly start building their portfolio with just $100.
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— Everlodge (@EverlodgeHQ) October 23, 2023
And this is not the only advantage. Because Everlodge is completely decentralized and uses NFTs, investors can invest without having to be from a specific location and there is no unnecessary paperwork required to complete the transaction.
Everlodge’s marketplace will allegedly provide investors with access to many unique vacation assets. According to its team, these include luxury villas, holiday homes and even hotels, and it is reported that Everlodge will establish partnerships with many hotel chains.
Everlodge’s native token is ELDG and it is stated that it is on sale for $ 0.027 in the 8th phase of the Everlodge pre-sale. Token holders are said to have the chance to gain many benefits throughout the Everlodge ecosystem, and while the project may be successful, it may fail as well. It may be likely to generate 35x returns, ELDG DeFi has become extremely popular in the pre-sale space.
Click to review the Everlodge token.