Shiba Inu and Everlodge are two of the most exciting projects in the DeFi space. Shiba Inu has become one of the fastest growing memecoins in the world. Its latest Shibarium release could take the memecoin to new highs, which has resulted in a surge in trading volume.
At the same time Everlodge is gaining momentum. The exciting new DeFi project has already sold out during stage 1 of its presale, and is now on track to sell out again over the next week. With the potential to disrupt the global travel property market, experts believe that Everlodge could be one of the top performing cryptocurrencies of 2023.
Click Here To Find Out More About The Everlodge (ELDG) Presale
Everlodge Introduces DeFi to Vacation Home Ownership
Everlodge has one of the most unique use cases off any DeFi presale. The project is designed to disrupt the market for vacation properties. Its unique marketplace will let investors buy equity in a vacation property.
To complete this, an investor will buy a fractionalized NFT representing equity in the property. For example, buying an NFT worth $200,000 for a 20% stake in a property worth $1 million. This application is designed to allow more investors to get involved in vacation property ownership. It will also decrease the amount of paperwork required for such transactions.
As well as its marketplace, Everlodge also looks to offer a unique reward to token holders. Everlodge tokens, which are currently selling for $0.016 per token, will grant holders free stays at properties throughout the Everlogde ecosystem.
Each stay can be used as a vacation, or as an opportunity to produce another income source. Rather than using the stay, investors will be able to sell it using Everlodge or a 3rd party platform. In the process, they can produce a new revenue source.
During its presale, Everlodge has quickly become one of the market’s best performing assets. Its value has increased by 60% from $0.01 to $0.016, and is now expected to hit $0.035 before the end of the presale.
With such high returns, a number of token holder benefits and a unique DeFi ecosystem, many experts believe that Everlodge is destined to become one of the markets largest new projects.
Shiba Inu Continues to Decline Despite Shibarium Adoption
Shiba Inu (SHIB) has declined by 11.37% over the last month. This decline has been triggered by a dip in the DeFi market, as well as complications surrounding the launch of Shibarium.
Shibarium is a scalability platform designed to make the Shiba Inu community more accessible. However, during its launch over $1.7 million worth of Etherem was stuck on the bridge between Ethereum and Shibarium.
This issue was solved within 24 hours, though somewhat slowed Shibarium adoption. Now, even after 1 million new wallets were created on Shibarium, Shiba Inu continues to decline. This decline is now causing some Shiba Inu holders to sell their tokens.
Prior to its release, many experts believed that Shibarium would take the Shiba Inu ecosystem to new heights. While they still could occur, some investors have had their confidence knocked following the memecoins recent poor performance.
As a result, experts believe that many Shiba Inu token holders will begin buying Everlodge over the next few weeks to diversify their portfolios.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge