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Despite the current positive signals in the crypto market, Binance Coin has remained stuck in a consolidation phase. Meanwhile, Shiba Inu and a newly emerging coin hint at potential price explosions. In this article, we will consider how these cryptos are predicted to perform.
Everlodge (ELDG) Projected To Become a Crypto Unicorn
There are over 25,000 crypto projects, but only a small percentage have attained unicorn status. Only innovative and disruptive projects have managed this milestone, but Everlodge has been projected to join them. This is because Everlodge is building a disruptive property marketplace for the timeshares market.
This new property marketplace will digitize and mint timeshares properties as NFTs. These property-backed NFTs will be fractionalized and sold as smaller shares to investors. This model will allow its users to own multi-million dollar vacation homes for as little as $100.
These NFTs can be freely exchanged across several platforms, increasing the liquidity of the $4.5 trillion timeshare markets. Holders of these NFTs also stand a chance to win a vacation to the Maldives. The project has already attracted tons of investors to its presale.
Doing this, Everlodge has been projected to become a major player in the timeshares industry and become a unicorn project along the way. The utility token of the platform, ELDG, now trades at $0.020 following a 100% price increase. As the platform launches, crypto analysts have predicted a 25x price increase for ELDG.
Binance Coin (BNB) Remains Stuck in Consolidation
Like most cryptos, Binance Coin began 2023 on a strong uptrend. From $230 in January, the price of Binance Coin rallied to $34
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Author: Crypto Daily