Nigeria stands out in the crypto revolution, where a staggering 99% of the population is crypto-aware, according to a recent ConsenSys survey. Keep reading to discover the implications of this crypto awareness in Nigeria and how cryptocurrencies like Dogecoin (DOGE), Pepe (PEPE), and Everlodge (ELDG) might benefit from this growing interest.
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Dogecoin (DOGE): The People’s Coin
Dogecoin (DOGE) has gained popularity for its fun and approachable branding. It started as a meme coin but has become a legitimate digital asset. With Nigeria’s rising crypto awareness, Dogecoin could find a receptive audience. Its low transaction fees make it very practical, which could appeal to Nigerians looking for alternatives to traditional banking.
In recent Dogecoin news, rumors about Elon Musk’s involvement in secretly funding Dogecoin development have added a layer of intrigue. If Musk’s forthcoming biography confirms this, it could further solidify Dogecoin’s position as a valuable long-term investment option.
In other words, this revelation could provide additional confidence to Dogecoin investors, considering the vast reach of Elon Musk. As a result, experts remain bullish as they predict that the Dogecoin value may sit at $0.098 by December 2023.
Pepe (PEPE): A Unique Memecoin
Pepe (PEPE), while maintaining its status as a meme coin, has a unique backstory. As per its official website, the Pepe coin explicitly states that it has no intrinsic value and no formal team. It’s described as a meme coin with no financial expectations, designed purely for entertainment.
This could make it a practical choice for Nigerians seeking cost-effective ways to engage with cryptocurrency. Additionally, its meme-driven community might resonate with the internet-savvy Nigerian population.
Due to all these reasons, market analysts predict that the Pepe coin price could reach $0.00000149 within Q4 of 2023.
Everlodge (ELDG): When Real Estate Meets Crypto
Everlodge (ELDG) presents a different avenue for crypto adoption. By combining real estate with blockchain technology, Everlodge offers opportunities for everyone (including Nigerians) to invest in property-backed NFTs. This fusion could attract those looking to diversify their portfolios while benefiting from the safety and transparency of blockchain.
To clarify, Everlodge will build a property marketplace that digitizes and mints luxurious villas, vacation homes, and more into NFTs. Not only that, Everlodge then fractionalizes these NFTs. As a result, anyone can become a fractional owner of a blockchain property for prices as low as $100.
Not only that, Everlodge allows users to employ their property-backed NFTs as collateral to obtain short to medium-term loans. With this method, users can access funds for various financial needs, all while retaining ownership of their property assets. Thus, it lets users make the most of their real estate investments and opens up new possibilities for financial growth.
This platform’s core is the ELDG native token, which is now in Stage 2 of its presale. Unlike Dogecoin and Pepe, ELDG has real-world connections to the hospitality industry (valued at $4.5T in 2022), which means its long-term growth potential is outstanding. Experts foresee its current price of only $0.016 rising to $0.035 before its presale ends – a 118% hike.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge