Recently, Dogecoin (DOGE) delivered a surprise on November 2, which the community affectionately calls “Doge Day.”
The project revealed a bronze statue of the dog Kabosu in Japan, the animal that inspired the memecoin. Parallel to this development, ethereum (eth) and Everlodge (ELDG) have maintained their bullish momentum, creating an intriguing landscape for cryptocurrency enthusiasts and investors.
Dogecoin (DOGE): Doge Day Celebration
Something happened to Dogecoin (DOGE) on Doge Day. The beloved day for DOGE enthusiasts saw a huge increase in its value. This year’s Ducal Day was significant as Kabosu, the original Dogecoin dog, turned 18 years old.
The Dogecoin Foundation commemorated this notable milestone with meaning x publication. Not only that, Kabosu fans raised funds to create a bronze statue of this dog in Sakura City, Japan. After this event, the price of Dogecoin increased from $0.068 on November 2nd to $0.074 on November 6th.
While maintaining its prominence in the cryptocurrency market, experts have also made a bullish Dogecoin prediction. They foresee a Dogecoin The price will rise to $0.098 in Q4 2023, highlighting the enduring charm of this meme cryptocurrency.
ethereum (eth): Rising Fees
ethereum (eth) has been experiencing bullish momentum, with a significant increase in transaction fees. According to recent data, during the week beginning October 30, total ethereum transaction fees increased by 30%.
This increase in transaction fees can be attributed to the increase in trading volumes of many lower cap tokens on the ethereum blockchain, indicating an increase in activities on the chain. Meanwhile, ethereum has remained a stable platform for decentralized finance and applications, alongside NFTs.
With this stability, the ethereum” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>ethereum The price saw a jump from $1,818 on October 30 to $1,904 on November 6. Some analysts predict that by December 2023, the price will rise above $2,000.
Everlodge (ELDG): Outperforming Dogecoin and ethereum?
Everlodge (ELDG) has the prospect of rapid growth that could rival established players like ethereum and Dogecoin. This growing pre-sale phenomenon aims to tap into a massive, established market valued at over $4.5 trillion by 2022: the global hospitality industry. It will enter this market with force, creating a unique real estate market, solving all the headaches of investors.
For example, a major problem in this field is the high capital required to invest. However, Everlodge will be a game-changer by digitizing and turning luxury villas, hotels, and more into NFTs. These NFTs are then fractionated. Therefore, anyone can purchase them and become a fractional owner, regardless of their income level.
Additionally, traditional real estate investments suffer from illiquidity, meaning that properties can take months or even years to sell. Everlodge changes this dynamic by allowing property-backed NFTs to be traded on secondary markets. This offers investors a level of liquidity never before seen in the real estate market.
A key factor contributing to Everlodge’s growth potential is its relatively low market cap compared to Dogecoin and ethereum. It is now in stage 6 of its pre-sale, and one ELDG native token costs only $0.023. But, since it requires less new funds to experience growth, some experts are optimistic that it can rise even more before the pre-sale ends.
For more information on the ongoing Everlodge (ELDG) pre-sale, you can visit their website or join their community here.
Disclaimer: The above article is sponsored content; It is written by a third party. CryptoPotato does not endorse and assumes no responsibility for the content, advertising, products, quality, accuracy or other materials on this page. Nothing contained herein should be construed as financial advice. Readers are strongly advised to independently and carefully verify the information before participating in any company or project mentioned and to conduct their own research. Investing in cryptocurrency carries a risk of loss of capital, and readers are also advised to consult a professional before making any decisions that may or may not be based on the sponsored content above.
Readers are also advised to read CryptoPotato’s full disclaimer.
Binance Free $100 (Exclusive): Use this link to sign up and receive $100 free and 10% off fees on Binance Futures for the first month (terms).
<!– ai CONTENT END 1 –>
