The rise of Shiba Inu (SHIB), Everlodge (ELDG), and Polkadot (DOT): Three disruptive forces in the crypto space

December 29, 2023
4 min read

After a recent Bitcoin bull run the altcoin market is on track to surge. Three projects that could offer great returns are Shiba Inu, Everlodge and Polkadot. Each offers a unique new DeFi application, and, according to investors, could experience dramatic price increases in 2024. Everlodge itself has already seen substantial gains during its presale, and is now on track to hit a new all-time high before the end of the year. 

Polkadot Looks To Surge After Market Correction

During the recent bull run Polkadot (DOT) maintained its position with a strong performance. Polkadot’s value increased to $7.50, though has since faced a market correction, taking DOT to $7.04. However, key indicators suggest that Polkadot is preparing for another rally. 

Over the last 24 hours, Polkadot’s daily trading volume is up by 4%, and Poladot’s price is up 4.5%. This bullish activity suggests that Polkadot could experience another rally before December ends. 

Furthermore, Polkadot’s outstanding utility could be a key driving force in Q1. Having undergone several upgrades in 2023, experts believe that Polkadot may be undervalued, and as a result, its value could spike during the next bull market. 

Shiba Inu Successes Continue to Stack In 2023

Shiba Inu’s success continues to shock the crypto market. Since the launch of Shibarium, Shiba Inu has hit several key milestones. Shibarium itself quickly passed 100 million transactions, and Shiba Inu launched The Shib, a magazine created for Shiba Inu investors. Both of these milestones have driven up Shiba Inu’s price, which is up almost 20% in December. 

Now, Shiba Inu has announced that it will partner with D3 Global going into 2024. D3 Global is a domain company that looks to close the divide between Web 2.0 and Web 3.0. By collaborating with a domain company, Shiba Inu increases the chances of widespread adoption. For example, future payments on D3 domains could be made using Shiba Inu tokens. 

Following this announcement, Shiba Inu’s price increased and is now up 10% in the last week. With its ecosystem growth hitting new highs, experts predict that Shiba Inu could become the number one memecoin by the end of 2024. 

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Everlodge: The Revolutionary Project Changing Holiday Home Ownership

Despite Polkadot and Shiba Inu being market innovators, their potential doesn’t come close to Everlodge. Everlodge has quickly gained momentum in Q4, and is on track to complete its presale by the end of Q1 2024. But what is all the hype about?

Everlodge looks to revolutionize how individuals purchase holiday homes. In the current market, individuals will buy a home as a large investor, or will have the home passed down to them. With Everlodge, investors will be able to have fractional ownership of a property, sharing its returns with several investors. 

This lucrative new ownership method significantly reduces how much an investor needs to get started in the industry. Rather than paying millions for a single property, investors can start building their portfolios for as little as $100. 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">We're thrilled to announce that our website just got a makeover! 💻<br><br>Check out the fresh look and discover the NEW features we've added. It's all about making your experience even better!<br><br>Plus, remember that our Presale is still ON. <br><br>Explore now: <a href=""></a><a href=";ref_src=twsrc%5Etfw">#RWA</a> <a href=""></a></p>&mdash; Everlodge (@EverlodgeHQ) <a href="">October 23, 2023</a></blockquote> <script async src="" charset="utf-8"></script>

And that’s not the only benefit. As Everlodge is fully decentralized and uses NFTs, investors don’t need to be from a specific location to invest, and no unnecessary paperwork is required to complete the transaction. 

Everlodge’s marketplace will give investors access to a number of unique holiday assets. These include luxury villas, holiday homes, and even hotels, with Everlodge partnering with a number of hotel chains. 

Everlodge’s native token is ELDG and can be purchased for $0.027 during stage 8 of the Everlodge presale. Token holders will earn a number of benefits throughout the Everlodge ecosystem, which, alongside potential 35x returns, has made ELDG extremely popular throughout the DeFi presale space. 

Visit Everlodge

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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].

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