Solana and Shiba Inu have caught the attention of market analysts with their bullish price movements. Analysts have forecasted more price gains in the future.
On the other hand, the Everlodge project has caught the attention of investors as many look for ways to invest in real estate properties.
Solana (SOL) DEXs Trading Volume Skyrockets
According to DeFi intelligence tracker DeFiLlama, the Solana DEXs experienced a 54% surge in trading volume over the past week. This exceeded $3 billion in total trade volume, a record high for Solana. Leading DEXs on Solana, like Orca and Raydium, grew by 70%.
Consequently, Solana’s Total Value Locked (TVL) has risen by 42% between November 1st and 20th, as shown by DeFiLlama. Despite this increased activity, Solana’s price has not seen significant gains. According to CoinMarketCap, the price of Solana has dropped from a 7-day high of $67.50 to $54.6
Nevertheless, Solana’s price chart still shows gains of 49.3% and 113.0% in the weekly and monthly charts. Analysts forecasted a jump to $72 in the coming weeks.
Shiba Inu (SHIB) Has Released a New Feature for Shibarium
The Shibarium development team introduced the “Donate” feature on November 19th. Ragnar Shib, a well-known figure within the Shiba Inu community, shared this news on the X platform.
This new feature’s primary purpose is to allow the Shibarium community to make financial contributions to non-profit validators. These validators play a vital role in ensuring the network’s efficiency and security.
Shiba Inu coin has been trading between the $0.00000819 to $0.00000908 price range in the past week. Analysts and traders remain bullish about a positive Shiba Inu crypto price prediction.
Everlodge Has Captured Traders’ Interest With Real Estate Properties
While Solana and Shiba Inu have caught the attention of analysts, Everlodge (ELDG) has emerged as the go-to project for real estate enthusiasts. Everlodge serves as a marketplace where traders have the opportunity to become fractional or full owners of high-end properties. Examples of such properties are hotels, villas, and luxury homes.
In practical terms, Everlodge will transform these villas and hotels into NFTs. Then, they will be divided into smaller ownership shares. One unique feature of these NFTs is that they reflect the value of the actual properties. For traders seeking short to medium-term loans, Everlodge has a lending feature.
Traders no longer have to battle with conventional banks for loans. They can easily use their NFTs as collateral to secure fast loans. Everlodge has a native token called ELDG. Its appeal lies in its tangible benefits and usefulness in the real world. By holding ELDG tokens, users gain access to discounts on properties within the Everlodge marketplace.
Currently, the Everlodge token is priced at $0.025. Many traders are eagerly acquiring ELDG tokens. This enthusiasm is primarily driven by the token’s practical applications. Another factor is its link to the $280 trillion real estate industry.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.
The post Analysts Forecast Bullish Future for Solana and Shiba Inu, Investors Move Towards Everlodge appeared first on CryptoPotato.
