Cryptocurrency Rivals: EverLodge and Shiba Inu Compete for the Spotlight

Everlodge and Shiba Inu made headlines throughout August for very different reasons. Everlodge was been praised for its presale success, as well as its disruptive new application. On the other hand, Shiba Inu received mixed publicity

The memecoin was expected to rally after the release of Shibarium. However, after its launch left over $1.6 million worth of Ethereum on the bridge, excitement surrounding the project significantly declined. This caused Shiba Inu’s value to crash and Everlodge to take the spotlight

Click Here To Find Out More About The Everlodge (ELDG) Presale

Will Everlodge Continue to Outperform the Crypto Market?

The Everlodge presale is quickly becoming one of the most popular in the DeFi market. After two successful presale stages, Everlodge tokens have increased by 60% from $0.01 to $0.016. Now, stage two of the Everlodge presale has become its fastest-selling yet. So what has investors excited?

Firstly, Everlodge is the first DeFi project to combine vacation home ownership with DeFi. Its unique marketplace will let vacation homeowners sell their properties using NFTs. Rather than using traditional routes, they will be able to mint their property as an NFT, and sell it to a number of investors

Each investor who buys an NFT fraction will co-own the vacation property. For example, instead of one investor buying a $1 million property outright, 10 investors could buy a 10% share at $100,000 each. This helps to reduce the barriers to entry to the market, while also cutting down on paperwork and other real estate complexities

NFT holders can also use their NFTs as collateral for other small scale loans. These loans can be used for additional property purchases, allowing an investor to rapidly build their portfolio

Everlodge has been successfully audited by InterFi Network, and its team has been verified by BlockAudit prior to the start of its presale. This, alongside locked liquidity and team tokens, is designed to give early investors peace of mind while also preventing a rug pull

Post presale experts believe that Everlodge could rally 30x and, in the process, become one of the top cryptocurrencies of 2023. Such returns, in addition to a number of lucrative token holder benefits, have put Everlodge in extremely high demand

Shiba Inu Bounces Back After A Month of Declines

Shiba Inu (SHIB) suffered a devastating blow in August following an error during its Shibarium launch. The new platform, which is designed to speed up Shiba Inu adoption, experienced an error, leaving over $1.7 million worth of Ethereum on the bridge between the two blockchains

Although the issue was quickly resolved, the error was a major setback for the Shiba Inu eco. Prior to its release, Shibarium was delayed on several occasions, leaving investors waiting for the perfect launch.

Nonetheless, Shibarium is now gaining traction. As of September, Shibarium has 1.1 million registered wallets and over 467k blocks. Furthermore, Shiba Inu’s value is also on the rise. Over the past 24 hours, Shiba Inu has increased in value by 0.92%, with one SHIB now trading at $0.0000077

As Shiba Inu and Everlodge compete, Everlodge is looking like a more promising project. However, Shiba Inu could still offer good returns for investors who remain bullish, with its value likely increasing as its eco continues to expand

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