As August is now underway, three tokens have captured the attention of the crypto community: Tezos (XTZ), Shiba Inu (SHIB), and Everlodge (ELDG). While all of them may bring tremendous gains, one stands out. Today, we will find out which one of these tokens is and see why they are gaining traction as top contenders for potential investment.
Tezos soars after Q2 report
Shiba Inu on a continuous rise
Everlodge to redefine real estate investment
Join the Everlodge presale and win a luxury holiday to the Maldives
Tezos (XTZ): Smart Contracts and Beyond
Tezos (XTZ) has been making waves due to its unique approach to blockchain governance and its focus on self-amendment.
In recent Tezos news, Messari published the Tezos quarterly report. From that report, we can see that Tezos’ roadmap development has been advancing. Furthermore, the network update in Nairobi has dramatically improved the platform and added new roll-up functions.
Currently, the Tezos crypto trades hands at $0.7819 with a market cap of $741M, up 0.03% overnight. Moreover, its trading volume jumped by 30.94% in that same time, reaching $15,743,905. Due to all these green charts, market analysts remain bullish for Tezos. Consequently, predicting a $1.01 price for the token by December 2023.
Shiba Inu (SHIB): Riding the Meme Wave
Shiba Inu (SHIB) has gained significant attention as a meme-based cryptocurrency, drawing inspiration from the famous “Doge” meme. Despite its origins as a meme coin, Shiba Inu has made strides to establish itself as a legitimate project.
Recently, interest in the Shiba Inu crypto has skyrocketed as the Shibarium launch draws near. In fact, the Shiba Inu coin price increased by 12.4% over the past week alone. During that week, it saw a high point of $0.00001119. Shiba Inu has a value of $0.00001037 with a market cap of $6.1B.
Additionally, all its technical indicators and moving averages are in the green. Therefore, experts forecast continuous growth for Shiba Inu. As a matter of fact, they forecast a $0.00001078 price point for Shiba Inu by the end of 2023.
Everlodge (ELDG): To Experience a 280% Rise
Everlodge (ELDG) is a project that aims to revolutionize the real estate industry through blockchain technology, fractional ownership, and NFTs. This initiative is now in Stage 1 of its presale, and countless individuals are flooding it to obtain its native token, ELDG, for a discounted price.
Everlodge solves many issues that currently plague the real estate market. For example, traditional real estate investment often requires significant capital, making it inaccessible to many individuals. Everlodge makes a change by digitizing and minting high-end properties in NFTs. Afterward, they are fractionalized. As a result, users can fractionally own a hotel for $100.
But, Everlodge continues beyond fractional ownership; it offers an ecosystem with a rewards club. Investors holding ELDG tokens can earn free nightly stays at properties within the Everlodge ecosystem, similar to timeshare benefits. This creates an avenue for passive income while enjoying the benefits of owning a fraction of a property.
One ELDG token costs just $0.01, but Stage 2 will soon begin. In other words, a rise to $0.012 will occur. Therefore, buyers are now flooding the presale to capitalize on this growth. As a result, experts forecast a 280% jump in its value before the presale ends. In sum, with ties to the $280T worth of real estate market, ELDG may leave Tezos and Shiba Inu in the dust.