After seasons of rapid volatility, the cryptocurrency market has fallen into consolidation. As the market consolidates, experts are eyeing potential major rallies for digital assets like Shiba Inu (SHIB), Dogecoin (DOGE), and Everlodge (ELDG). We will discuss why these experts are bullish on these particular tokens.
Shibarium – the layer 2 network of Shiba Inu (SHIB) – is one of the most anticipated releases in the crypto space. With Shibarium set to launch this week, all metrics are positive, hinting at a rally for the price of Shiba Inu.
Crypto experts are bullish about the Shiba Inu coin because Shibarium will be the first step in adding utility to the meme coin. In addition, members of the community have intensified the Shiba Inu burn, increasing by 282% this week.
At this time, the Shiba Inu price stands at $0.00001020, but crypto experts are predicting a 20% rally. However, more bullish predictions see SHIB trading as high as $0.00001500 if the Shibarium launch picks up momentum.
While 2023 has been bullish for the crypto market, Dogecoin (DOGE) has struggled to break above the $0.1 resistance. After multiple rejections at this resistance level, the Dogecoin price currently stands at $0.07434.
However, crypto experts are bullish about , predicting a more than 200% rally. The pseudonymous crypto analyst, Kaleo, has predicted that the price of Dogecoin will be bullish for the rest of the year.
He believes DOGE could reach $0.2 in 2023. The reason for this bullish sentiment is the relationship with X, formerly Twitter. Crypto experts have been speculating that Dogecoin would be integrated into the social media platform.
Everlodge (ELDG) is another project that has attracted massive bullish predictions because of its utility. As the first project building a platform to bring down the barriers restricting investors from entering the real estate space, experts have high predictions for Everlodge.
With as little as $100, Everlodge will allow investors to participate in real estate investment. This will give just about everyone the opportunity to finally own a real estate property. The project will achieve this using a hybrid property co-ownership model.
Properties including luxury villas, vacation homes, and hotels will be picked. The deeds, titles, and ownership details of these properties will be digitized and minted in the form of an NFT. These NFTs will be fractionalized, allowing investors to buy as low as $100.
With a unique model that can transform real estate investment, crypto experts have predicted up to 20x rally for Everlodge's token in 2023. From its current presale price of $0.01, ELDG could trade as high as $0.2 before the year runs out.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.