Investors are almost always on the lookout for opportunities that promise substantial gains. As the market trend unfolds in 2023, several cryptocurrencies are emerging as top contenders to offer high growth returns. Among these standouts are Ethereum (ETH), Shiba Inu (SHIB), and Everlodge (ELDG).
Summary
Ethereum (ETH), the pioneer of smart contracts, has maintained its position as the second-largest cryptocurrency. Despite the bearish crypto market, the Ethereum coin continues to reach significant milestones.
Following announcements that former U.S. president, Donald Trump, holds $2.8 million in ETH, Ledger has made another bullish announcement. The hardware wallet provider has now made ETH purchases available via PayPal.
Today, the Ethereum price is down by 0.75%, as the broader crypto market is in bear territory. Despite this, crypto experts are bullish about the price of Ethereum. Now trading at $1,822.9, Ethereum has been predicted to reach a 2023 high of $3,200 in a bull market.
Following reports that the Shiba Inu community will finally get a look at the Shibarium mainnet tomorrow, a team member has dropped an exciting report. According to the report, hundreds of projects are already building on the layer 2 network.
Crypto experts are bullish about this report as it would finally add more utility to the Shiba Inu coin. The community is also celebrating the festival of fire with a huge Shiba Inu burn event. In the last 24 hours, hundreds of millions of SHIB tokens have been burnt.
With the growing excitement, crypto experts have given bullish predictions for the price of Shiba Inu. Now trading at $0.00000985 due to a market-wide downtrend, the Shiba Inu price has been projected to reach $0.000001250 this week.
Regardless of the ongoing bearish trend, many crypto investors have been showing interest in Everlodge (ELDG) – a new project billed to transform real estate investment. These investors are now doubling down on Everlodge ahead of a surge that might result in a 35x gain in price.
Investing in vacation homes is traditionally reserved for the wealthy due to the hefty overhead costs connected with real estate. Everlodge is introducing a hybrid shared ownership model using blockchain and fractional NFTs to solve this problem.
The property marketplace will list luxury homes, hotels, and vacation apartments as fractional NFTs, giving investors the chance to buy fractions for as little as $100. The team will work with prominent hotel chains and premium real estate developers all around the world to secure the properties.
The idea of giving hundreds of thousands of investors the opportunity to invest in the timeshare industry is expected to drive up the price of ELDG. In the beta presale stage, the currency is now trading at $0.010 and is expected to climb 35x and trade as high as $0.35 when it launches.
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.