.png){kind=logo}
The consolidation in the cryptocurrency market has been broken, with top cryptos like Shiba Inu (SHIB) and Litecoin (LTC) rallying. The market rally was ignited by the recent Grayscale win in the SEC lawsuit for a Bitcoin ETF review. In addition, the presale of Everlodge (ELDG) is back in bullish territory over its unique timeshare property marketplace.
Shiba Inu (SHIB), Dogecoin's main competitor, has been on a descending trendline over the last few weeks. The decline saw the price of Shiba Inu drop to lows of $0.000007500. With the change in trend, the Shiba Inu coin is back in bullish territory.
SHIB is now trading in the $0.000008275 range, up 1.8%. Many investors anticipated further gains, particularly given the recent Shibarium boost. Unification, a significant contributor to the Shibarium layer 2 network, has revealed plans to release its validator node.
The Shiba Inu price is expected to rise as the network grows, according to crypto specialists. Shiba Inu's price is expected to break beyond the $0.0000100 barrier in the coming weeks as the network gains traction.
Litecoin (LTC) has been one of the biggest beneficiaries of the recent Grayscale victory over the SEC. Since the announcement was made, the LTC price has increased by more than 6% – its biggest gain since the network halving.
As a result of the price surge, the LTC coin rallied to highs at $70. However, the Litecon price was rejected at this rejoin. Although the Litecoin price stands at $67.60, crypto analysts are still bullish about the crypto.
The bullish sentiment for Litecoin stems from the growing number of long-term LTC coin holders. According to recent on-chain data, nearly 5 million LTC addresses are now long-term holders, a very bullish sign for Litecoin.
The presale of Everlodge (ELDG) has been one of the most-talked about events in the crypto space because of its uniqueness. Everlodge is developing a property marketplace that will provide cryptocurrency users access to the timeshares market.
Its innovative marketplace will make use of blockchain technology, allowing consumers to make fractional investments in hotels, vacation homes, and high-value properties. This intriguing new concept will be the first to blend fractional vacation property ownership with timeshare and NFT technology in a seamless manner.
These NFTs will be fully backed by the properties using digitized titles, deeds, and ownership information. These fractional NFTs will be available from as low as $100. Users will be able to exchange their NFTs on Everlodge's marketplace or any ERC-20-compatible third-party marketplace.
By reducing the barrier of entry into the timeshares market to $100, crypto experts have predicted a 30x rally for Everlodge (ELDG). Now trading at $0.012, Everlodge presents a great opportunity for investors.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.
