Cryptocurrency

Riding the Crypto Wave: Should You Bet on EverLodge or Shiba Inu?

Market Trends

The crypto market is recovering from a recent bear run, with Everlodge and Shiba Inu leading the way. Both projects are expected to offer significant returns towards the end of 2023. But which is the better investment?

In recent weeks Everlodge has been the stronger of the two. After a fault during its Shibarium release, Shiba Inu has faced consistent price declines. Meanwhile, Everlodge has recently hit a new all-time high. Should this trend continue, Everlodge is likely to be the winner. 

Everlodge Hits New ATH After Stage One Sells Out 

Everlodge has quickly caught the attention of DeFi investors worldwide. The lucrative new platform looks to disrupt the global travel property market. It utilizes NFTs to let investors fractionally invest in vacation homes, hotels, luxury villas, and more. 

This investment method significantly decreases the amount needed to get started in the market. For example, instead of paying $1 million for an entire villa, an investor can buy a 10% fraction for $100,000. 

Furthermore, Everlodge also eliminates the complexities associated with traditional real estate investment. It reduces the amount of paperwork required and lets investors get involved for as little as $100. 

If this wasn't enough, Everlodge takes things one step further with its launchpad and token holder rewards. The Everlodge launchpad will let investors fund the latest property developments. Investors supporting such developments are expected to make extremely high returns, which has created much anticipation around the launchpad. 

Everlodge tokens (ELDG) are selling out fast during stage two of the Everlogde presale. Stage one sold out at record rates, after which tokens hit a new all-time high of $0.016. By the end of the Everlodge presale, experts predict that tokens will hit $0.035. 

Additionally, token holders will be granted a number of exciting rewards. Firstly, they will earn discounts on properties being sold via Everlodge. This could help investors save a significant amount, boosting their portfolios in the process. 

Secondly, token holders will also be granted free nights at properties in the Everlodge ecosystem. These stays can be sold to generate another income stream or used as a low-cost holiday. 

Given its myriad of features, experts predict that Everlodge could become a top cryptocurrency by the end of its presale.  

Shiba Inu Suffers A 20% Decline 

Frustration is growing amongst the Shiba Inu (SHIB) community as the token's value continues to drop. Earlier this year, both analysts and Shiba Inu token holders believed that the memecoin would surge following the release of Shibarium. However, since its release, Shiba Inu has faced several sharp declines. 

Since the start of August, Shiba Inu has lost 20.09% of its value and is now trading at $0.000007564. As its value continues to fall, investors are taking to social media to display their frustration. 

This increase in negative publicity has forced Shiba Inu's lead developer, Shytoshi Kusama, to respond to the community. In a recent statement, Kusama stated that a Tweet requesting him to "shut up and launch ShibSwap" was "quite rude." Unfortunately, this has only caused Shiba Inu's value to further plummet. 

Nonetheless, some investors believe that Shiba Inu will bounce back. Its new Shibarium platform already has over 1.1 million unique wallets, and this number continues to grow daily. However, given its current situation, Everlodge is better positioned to offer higher profits going into Q4. 

Find out more about the Everlodge (ELDG) Presale

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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.

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