Meanwhile, Shiba Inu (SHIB) and Pepe (PEPE) are losing their investors, as the hype around these meme coins has faded.
Shiba Inu (SHIB) Rises In Social Metrics
Due to the mania around the Shibarium mainnet launch, Shiba Inu (SHIB) has been able to keep its network growth intact, despite unfavorable market conditions. The major reason behind Shiba Inu’s (SHIB) latest rise is its dominance in social metrics.
As per the latest data from LunarCrush, bullish sentiments around Shiba Inu (SHIB) have increased by 61% in the past week. Besides, the social dominance of Shiba Inu (SHIB) has surged by 66%. This, according to experts, indicates a growing buying pressure for Shiba Inu (SHIB).
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However, the market price of Shiba Inu (SHIB) has tumbled by 22% in the past seven days. Consequently, Shiba Inu’s (SHIB) trading price has dropped to $0.00000840.
Pepe (PEPE) Suffers Drop Despite Whales’ Increasing Support
The Pepe (PEPE) network has posted a mixed performance in the past few weeks. While Pepe (PEPE) has experienced a rise in some key metrics, its price trajectory has been discouraging. The market value of Pepe (PEPE) has plummeted by 26% in the past 30 days.
Thus, a Pepe (PEPE) token is now available at $0.00000113. However, the latest data has revealed that whale activity for Pepe (PEPE) is increasing. The data from Santiment confirms that an increased number of whales have been accumulating Pepe (PEPE) tokens.
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Notably, more than 96% of Pepe’s (PEPE) circulating supply is held by big addresses at press time.
Everlodge (ELDG) Improves Crypto Market’s Profitability
A research report has revealed that the global vacation rental market size is expected to reach $119 billion by 2030. Taking advantage of this growth opportunity, Everlodge has launched a new and disruptive blockchain platform.
It is a one-of-a-kind Web3 platform that enables people to invest fractionally in luxurious hotels, and vacation homes for as little as $100. The platform mints NFTs (non-fungible tokens) against real estate properties, and fractionalizes them.
It helps people own plush properties without burning a hole in their pocket. It has also unveiled Launchpad, wherein developers can raise capital for new projects. Besides, people co-owning properties will also be able to use their NFTs as collateral to get a loan.
Everlodge will have ELDG as its native crypto, and its presale has begun. Currently, a token costs just $0.01. However, market projections suggest that the project’s value can soar by at least 280% during the presale phase, and 30x after launch.
The tokens will provide its owners with many benefits, such as giveaways, discounts, and many more. To receive a monthly interest and generate a passive income, users can also stake their tokens.
The project will have the team tokens locked for two years, and the liquidity pool for eight years to prevent any rug pull.
Another mouth-watering benefit that the token holders receive is free nightly stays at luxurious hotels. The project developers have noted that only luxury properties and well-known hotel chains will be partnered with for the expansion of its ecosystem.
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Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
