Shiba Inu’s Shibarium has achieved a significant milestone. Also, a large Solana whale has transferred $11 million. Could a major token dump be coming? Meanwhile, Everlodge’s presale has gained momentum as more investors move to stockpile more tokens.
Shiba Inu (SHIB) shibarium sees increased adoption
Shibarium, Shiba Inu’s L2 blockchain, has experienced a massive increase in activity, as reported by Shibariumscan. The number of daily new contracts created on the network has surged by 3,000%. This shows an increase in adoption from users.
The price of the Shiba Inu coin shot up to $0.00000863 on November 9th. In the last 30 days and the last 7 days, the price has risen by 23.9% and 8.5%, respectively. Furthermore, the technical indications for the Shiba Inu suggest that the positive momentum will persist. As a result, the price prognosis for the Shiba Inu suggests a positive trend movement to recover the 2021 highs.
Bulls in Shiba Inu tokens are preparing for a retest of the $0.000010 price point. Analysts predict that as long as Shibarium growth and Shiba Inu burn continue, Shiba Inu’s value will increase. Analysts have forecasted that Shiba Inu’s value will soar as Shibarium growth and Shiba Inu burn continues.
Solana (SOL) surges 100% despite whale transfer
Over the past month, the Solana coin has experienced an impressive rally, surging by over 100.8%. As a result, Solana’s value climbed from $43 to $44.80 on November 9th. Looking at the monthly price chart, we can see that Solana reached as high as $47 recently.
This significant rise in value has also strengthened Solana’s position in the cryptocurrency market. According to CoinMarketCap, Solana’s market cap has increased to $18.8 billion and ranked the 7th largest token.
Meanwhile, data from Whale Alert revealed that a whale moved $11 million worth of Solana to Binance. This could be a sign of a huge dump which could affect Solana’s value. Still, Solana’s price prediction of $50 remained bullish as confirmed by its technical indicators.
Investors stockpiling Everlodge (ELDG) tokens
Shiba Inu and Solana are not the only cryptocurrencies showing growth potential. Everlodge has also drawn the attention of analysts and investors. Investors are increasing their holdings ahead of a price surge. Everlodge is a blockchain real estate marketplace that aims to revolutionize how people trade in the real estate market.
Traditionally, properties have been costly. Investors are usually required to have millions of dollars in capital. This has limited access to the wealthy elite. Luckily, Everlodge plans to change that by making real estate accessible to anyone. They plan to turn properties into NFTs and then split them into smaller parts. By so doing, anyone can buy a piece of property for just $100.
Hey, Lodgers! 🏡
Do you know? 🤔
With $ELDG, enjoy the warmth of passive income, monthly surprises, and exclusive club access.
Plus, who can resist sweet discounts?
Dive into a token that feels like home. 💙
Join the presale: https://t.co/kIufYkD05d#Presale pic.twitter.com/9yzt5hZhul
— Everlodge (@EverlodgeHQ) September 26, 2023
Members of Everlodge’s Rewards Club can enjoy complimentary stays at various properties and hotels. Extra free nights can even be sold on the Everlodge marketplace. Furthermore, safety is a top priority for Everlodge. To ensure this, they have decided to lock their team’s tokens for 2 years and their liquidity for 8 years.
Additionally, they have had InterFi Network and BlockAudit audit their platform’s smart contract for added security. Currently, one Everlodge token is priced at $0.025, making it an affordable option.
For more information about the Everlodge (ELDG) presale, you can visit their website here.