Cryptocurrency

Floki Inu (FLOKI) and Shiba Inu (SHIB) Face Bearish Heat While Everlodge (ELDG) Presale Fuels Bullish Sentiment

IndustryTrends

The virtual currency world has seen changes, and they don't look good for Floki Inu (FLOKI) and Shiba Inu (SHIB). Both Floki Inu (FLOKI) and Shiba Inu (SHIB) investors are facing bearish trends. But not everything is cloudy in the crypto sky; Everlodge is shining bright due to its presale, which is making people feel positive about it.

Floki Inu (FLOKI) – Facing the Downturn

Floki Inu (FLOKI) is back on X's trendline. Moreover, Floki Inu (FLOKI) is trending side-by-side with Shiba Inu (SHIB).  Additionally, Floki Inu has introduced new features and quests in Valhalla, FLOKI's Metaverse game. Floki Inu (FLOKI) aims to attract more users to the ecosystem with these updates.

However, Floki Inu's (FLOKI) price has witnessed a downward spiral over the past month, with a noticeable decline of 14.8. As of September 21, 2023, the price of Floki Inu (FLOKI) stands at $0.000015. The highest point in the past month was $0.000019, on September 9, 2023.

New Changes for Shiba Inu (SHIB) as BitMEX Adds Trading Options

The Shiba Inu (SHIB) landscape is about to witness new developments. BitMEX is gearing up to introduce two perpetual listings for Shiba Inu (SHIB) – SHIBUSD and SHIBUSDT – each boasting up to 33x leverage.

While BitMEX users will soon enjoy leveraged opportunities, Shiba Inu's (SHIB) current status bears a somber note. With a 0.07% drop in the last 24 hours, Shiba Inu currently stands at $0.00000730 per SHIB. A considerable 77.43% slump from its peak emphasizes the challenges that Shiba Inu (SHIB) is grappling with.

Everlodge's ELDG Token Soars 80% in Presale; Is This the Next Big Thing in Crypto

Vacation Rentals revenue is expected to reach $94 billion in 2023. This shows the huge growth potential of the industry. Therefore, it has attracted many investors in recent times. Everlodge has created a cutting-edge blockchain platform to capitalize on this trend.

This Web3 platform will allow individuals to invest in vacation homes, and luxury hotels fractionally. Here, individuals will be able to co-own real estate properties for just $100. The platform will create non-fungible tokens (NFTs) against real estate. Later, it will fractionalize them, allowing you to own luxury properties without the need to spend millions.

You can also use these NFTs as collateral to get a loan. The project will have ELDG as its native crypto. The team tokens will be locked for 2 years, and the liquidity pool for 8 years. So, investors don't have to worry about rug pull. One of the main benefits for token holders is access to the rewards club. It includes free nightly stays at luxury hotels linked to the platform.

A token is currently trading at $0.018. However, market analysts predict that it could increase by 280% during the presale, and 3000% by the launch time. You can even stake your tokens to earn a monthly interest rate, and generate passive income.

Find out more about the Everlodge (ELDG) Presale

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