Cryptocurrency

Why THORChain is Rallying Today? Shiba Inu and Everlodge Price Set To Explode

THORChain crypto

With THORChain’s (RUNE) current rally capturing attention, investors and enthusiasts are eagerly assessing the landscape for the next potential movers. Amidst the excitement, all eyes are on Shiba (SHIB) Inu and Everlodge (ELDG). These two prominent players currently hold the promise of explosive price gains over the next few weeks.

Summary:

  • A 4,300% spike in social volume has led to the 68% price increase for THORChain
  • Shiba Inu to rally as Shibarium which will bring utility to the network will launch tomorrow 
  • Everlodge sets sight on $0.20 as analysts hype its new investment model 

Join the Everlodge presale and win a luxury holiday to the Maldives

THORChain (RUNE) Explodes 68% – Here’s Why

Despite starting the year on a bearish trend, THORChain (RUNE) has been on a strong bullish trend since the beginning of August. Since the start of the month, the THORChain price has increased by 68%, pushing its price from $0.92 to the current price of $1.60.

According to Santiment data, the RUNE crypto increase is being driven by an increase in social volume. According to the data, between August 7 and August 13, RUNE’s social volume rose by 4,300%, attracting substantial attention to the protocol and the THORChain coin.

In addition, THORChain’s positive investor sentiment increased by 6,100% over the same time period. This increased RUNE’s trading volume as additional investors jumped in to buy THORChain.

Shiba Inu (SHIB) Could Rally Upm To 50% on Shibarium Launch

Shibarium, the layer 2 network for Shiba Inu, is widely regarded as one of the most significant advancements in meme coin history. In anticipation of the Shibarium introduction, the Shiba Inu price has already risen by more than 30% in the last month. 

However, crypto experts have predicted even more gains to come for the Shiba Inu coin. Despite its current bullish sentiment, the Shiba Inu team has announced that the Shibarium development is almost complete and ready to launch tomorrow.

According to crypto experts, the launch of Shibarium will spark a price rally for the token. While conservative predictions put the price at 20% higher after the launch, some experts believe the price of Shiba Inu can increase by up to 50% post-launch.

Everlodge’s (ELDG) Unique Investment Model Could Lead To 20x 

The real estate industry is one of the biggest in the world, valued at over $280 trillion globally. However, many investors are left out of this massive industry often due to the high cost required to own properties.

Everlodge is launching a unique model that could onboard thousands, potentially millions of investors into real estate. With a launchpad and a marketplace, properties ranging from luxury homes to hotels and vacation apartments will be listed on the platform.

Instead of their full cost, these properties will be listed as fractionalized NFTs. Because these NFTs can be split and sold, investors will have the opportunity to own fractions of luxury properties for as low as $100.

The price of the NFTs will also increase along with the property value, opening investors up to further passive incomes. With this many prospects, analysts have gone all-out for Everlodge. Now trading at $0.01, analysts believe the token could reach a 2023 high of $0.20 by December.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

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