Home Community Insights Binance Coin (BNB) Has Had A Good Week, Whales Continue Accumulating Shiba Inu (SHIB) And Everlodge (ELDG)

Binance Coin (BNB) Has Had A Good Week, Whales Continue Accumulating Shiba Inu (SHIB) And Everlodge (ELDG)

Binance Coin (BNB) Has Had A Good Week, Whales Continue Accumulating Shiba Inu (SHIB) And Everlodge (ELDG)

Crypto investors are always on the hunt for better returns. Observing the current trend, investors are leaning towards Everlodge, a new platform. With its innovative features and jaw-dropping returns, the platform has witnessed massive success during its ongoing presale phase.

Meanwhile, big projects like Binance Coin (BNB) and Shiba Inu (SHIB) have also tried to revive their market bases.

Binance Coin (BNB) Performs Well On Key Metrics

Despite the SEC case and FUD around its exchange, Binance Coin (BNB) has been able to trade in the green. In the past week, the market value of Binance Coin (BNB) has soared by 8%. Hence, the current trading price of a Binance Coin (BNB) is $251.16.

Besides, key on-chain metrics suggest that Binance Coin (BNB) is likely to sustain its momentum. As per the data from Santiment, the volume of Binance Coin (BNB) has spiked significantly in the last 30 days.

Binance Coin’s (BNB) social dominance is also on the rise with the increase in its price. Besides, soaring Open Interest (OI) in Binance Coin (BNB) indicates a further rise in the token’s value.

Shiba Inu (SHIB) Grows As Shibarium Rises

The Shiba Inu (SHIB) ecosystem is rising on the back of the growing Shibarium. Recently, Shiba Inu’s (SHIB) layer-2 blockchain surpassed the milestone of 90 million total transactions. Besides, the wallet addresses in the Shiba Inu (SHIB) ecosystem have also surged.

All this has led to an increased demand for Shiba Inu (SHIB) tokens. As per the data from Santiment, the supply of Shiba Inu (SHIB) tokens on exchanges has fallen. This indicates the investors are holding their Shiba Inu (SHIB) tokens, anticipating a further price increase.

During the past fortnight, the value of Shiba Inu (SHIB) has jumped by 13%. Consequently, a Shiba Inu (SHIB) token is now standing at $0.00000944.

Everlodge’s Presale Surpasses Previous Growth Milestones

Vacation Rentals have emerged as a promising economic sector in recent years. As per the data from a report, around 700 million travelers used vacation rentals across the world in 2022. As the concept of revenge traveling has kicked off post-pandemic, the sector’s profitability is likely to surge manifold.

A new blockchain platform, Everlodge, is apt for people who wish to invest in vacation homes. You can own part of a luxury vacation stay for a mere $100. The platform turns real estate properties into digital tokens using NFT technology. Then, it splits these NFTs into smaller units. Additionally, all the information about the property will be kept safely in the NFT metadata.

Notably, the price of these tokens will depend on the worth of the real-world property. Value of the properties usually go up with time. Thus, the value of these digital tokens will also witness a continuous surge. This platform has four distinct elements: Rewards Club, Lending, Launchpad, and Marketplace.

Moreover, ELDG token holders will get discounts on transactions and staking rewards. Sometimes, they can even stay for free at luxurious properties across the world. Additionally, the platform is associated with top industry players, and hotel chains to add plush properties to its ecosystem.

At present, the token’s presale is in its eighth round. You can get an ELDG token for 0.027, which is 170% more than what it started at. During this presale phase, experts believe the token’s value might surge by 280%.

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