Shiba Inu and Injective Receive Mixed Projections, New Altcoin Everlodge Rises in Value
Major crypto analyst Ali Martinez shared a post on the X platform going over both Shiba Inu (SHIB) and Injective (INJ), where he produces an initial price correction for these cryptocurrencies.
However, Everlodge (ELDG) is performing well and continues moving forward and, as a result, could be the next altcoin for diversification for a lot of investors. Today, we will go over each crypto to see how far they can spike.
Summary
- Shiba Inu might see more upside by the end of the year
- Injective has become one of the best-performing cryptos in Q3
- Everlodge presale is moving forward
Shiba Inu (SHIB) to Reach $0.00001078 by the End of Q4, 2023
Shiba Inu (SHIB) increased in value by 10.9% during the past week and is up 8.9% on the monthly chart. In addition, during that time, the Shiba Inu crypto traded between $0.00000721 on the low end and $0.00000810 on the high end.
In addition to that, the Shiba Inu market cap is now at $4,721,535,086, making it the 19th largest crypto. According to Ali Martinez, the crypto can experience a 10% drop moving forward.
Injective (INJ) Can Reach As High As $10.13
Injective (INJ) saw an increase in its trading volume by 5.60% in the past 24 hours, indicating revived movement for crypto in the market. Moreover, the Injective circulating supply is at 83,755,556 INJ, and its ecosystem is thriving.
Yet, Ali Martinez also projects a correction period from the Injective price. Despite that, in the past two weeks, the crypto is up 77.3%.
Everlodge (ELDG) Will Mint Properties as NFTs and Fractionalize Them
Shiba Inu and Injective could dip 10% or head upwards in value. However, currently, there is momentum with the Everlodge project. This is an upcoming real estate marketplace that is attempting to disrupt the massive real estate market.
This market has been plagued by issues, from lack of transparency and lack of liquidity. The platform will solve this by making these properties accessible at just $100.
It works by minting properties as NFTs and then fractionalizing them. As a result, they are split into smaller pieces and available on-chain. This means that anyone can either buy a single fraction or buy multiple fractions in different properties as a means of diversifying their holdings. These properties can appreciate in value or get rented out.
As a result, investors might be able to get passive income. In addition, each investor can get free nightly stays through the Rewards Club. During Stage 6, ELDG trades at $0.023.
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