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Cryptocurrency traders have kept a keen eye on the crypto market as several digital assets make significant strides. This piece will look into the latest developments in Shiba Inu (SHIB), Litecoin (LTC), and Everlodge (ELDG) that are causing quite a buzz in the crypto space.
Shiba Inu (SHIB) has never shied away from innovation. In recent Shiba Inu news, the project's developers dropped a surprise bombshell by announcing a self-custodial identity initiative. This project aims to bring a unique SHIB self-custodial identity to the ecosystem, creating anticipation among SHIB enthusiasts.
While the full details of this initiative remain undisclosed, a 72-hour countdown is already underway. After this news, the Shiba Inu price increased from $0.00000769 on October 28th to $0.00000804 on October 30th.
Due to all these reasons, experts in the field remain bullish for SHIB. They foresee the Shiba Inu value rising to $0.00001078 within Q4 of 2023.
Litecoin (LTC) is experiencing a surge in on-chain activity. Recent data from Santiment unveiled some impressive figures, with the total number of daily active addresses averaging around 319,000. Additionally, the network registered 7,418 whale transactions, reinforcing the growing interest in Litecoin's blockchain.
The increasing on-chain activity signals a vibrant and engaged user base. In fact, the Litecoin value has jumped from $66.39 on October 23rd to $68.99 on October 30th. This surge in activity is an encouraging sign for Litecoin investors and the wider crypto community. As these numbers continue to climb, experts are increasingly bullish about Litecoin's future performance.
Some analysts predict that the Litecoin price could rise to $105.02 by December 2023. Litecoin's growing on-chain activity reaffirms its position as a cryptocurrency to keep on your radar.
Everlodge (ELDG) will spearhead a transformative approach to the real estate market. This unique property marketplace will allow users to take fractional ownership of hotels, vacation homes, and luxury villas on the blockchain.
For years, access to these properties has been reserved only for the wealthy, but not anymore. Everlodge will digitize and mint them into NFTs. Not only that, they are then fractionalized. As a result, anyone can become a fractional hotel owner on the blockchain for prices as low as $100. Furthermore, as the property value rises, so will the NFTs.
This innovative approach to property co-ownership not only offers fractional ownership but also introduces a groundbreaking lending system that challenges traditional banking. Co-owners of real estate listed on the Everlodge marketplace have access to a special financial opportunity: they may get short to medium-term loans using their NFTs as collateral.
Currently, the project offers its native token ELDG for just $0.023 in Stage 6 of its presale. Those who bought it early on are enjoying a 130% ROI. In fact, analysts predict it will rise more quickly than Litecoin and Shiba Inu because of its low market cap and high demand. They predict the ELDG price will surge by 3,000% on its launch day.
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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.
