Shiba Inu Inferno Wallets
In the past 24 hours, 92 million Shiba Inu tokens have been transferred to "Inferno" wallets, taking them out of circulation permanently. The burning mechanism of Shiba Inu increases scarcity and is intended to drive up Shiba Inu's value.
It is very likely that the introduction of the newly implemented Self-Sovereign Identity (SSI) solution for the Shibarium Layer 2 platform might have triggered confidence in Shiba Inu investors. SSI enables individuals to stay in full control over their online identity rather than expose personal information to websites or apps. This might give Shiba Inu the long-awaited catalyst for its consolidating price action.
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At the time of writing, Shiba Inu is trading at $0.000009023, testing support levels. If bullish momentum increases, a test of the next resistance level of $0.0000091 is on its way.
Klaytn Helps Businesses Enter the Metaverse
As a layer one blockchain, Klaytn is EVM-compatible and was founded by a subsidiary of the South Korean tech empire Kakao.
With fully equipped SDKs and up to 4,000 tps, Klaytn offers businesses a way to get on to the metaverse as Klaytn's tokenomics is specifically designed for their metaverse ecosystem. About 60% of issued tokens are reinvested, which has enticed lots of dApps to choose Klaytn.
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With the rising interest in the institutional side of the metaverse, and Asia more focused on Web3, Klaytn offers an easy on-ramp process with a fast network. With these incentives and the weight on the demand side, the future looks bright for Klaytn.
Everlodge - Fractionalized Ownership for Everyone
Everlodge seems to be the next big thing after Airbnb. Everlodge will offer a unique way of ownership in vacation rentals. Connecting Web3 with the housing market brings enormous demand. Assets will be fractionalized and issued in NFTs on the Ethereum Blockchain. Available for everyone around the globe, Everlodge investments will be possible starting at $100. This widens the market and offers individuals and institutions an easy way to diversify their portfolios.
The tokenomics and vesting schedule are interesting for mid to long-term investors, and Everlodge offers the possibility to generate passive income with staking and lending services.
Everlodge will be listed on Uniswap and a major CEX with a total supply of 800,000,000 tokens.
The team is currently working on the app user interface for Windows, Android, and iOS.
All information about the presale can be found on the official Everlodge website, and early investors will benefit the most from the increased interest in the token and the generated passive income.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
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Telegram: https://t.me/everlodge
