Will Shiba Inu (SHIB) reach $1? This new Altcoin is up 170%

Shiba Inu (SHIB) holders claim that the coin will reach $1 by the next bull run. This would represent an increase of 9661740% from its current price of $0.00001035. This is such a giant leap that investors have turned to newer coins with feasible growth potential, like Everlodge (ELDG).

Everlodge (ELDG) is a new crypto project that brings real estate wealth to blockchain users. The pre-sale of the coin began four months ago and the unit price soared 170%, from $0.01 to $0.027.

Let’s take a look at why investors are interested in these two coins.

Will Shiba Inu coin reach $1?

According to recent Shiba Inu news, the meme coin has lost more than 90% of its all-time high value. During the 2021 cryptocurrency bull run, SHIB soared 43,800,000%, turning its holders into millionaires overnight. But the situation is different today since the coin has plunged terribly.

The current bear market is a significant reason for the decline in Shiba Inu value. The price of all cryptocurrencies has fallen steadily over the past few months, and SHIB is no exception.

Additionally, the growth of meme coins like Shiba Inu (SHIB) depends on speculation. Since they have no real use, their value only increases when there is a lot of hype around them. Once the hype dies down, the coin begins to lose value. When Shibarium (Shiba Inu L2) was first announced, Shiba Inu enjoyed some hype which helped the coin’s value, but it didn’t last long.

Apart from these reasons, SHIB has a mathematical barrier that prevents it from reaching $1. With a current market cap of $6 billion, a unit price of $0.0001, and 589.32 T SHIB in circulation, the coin needs to rise by over 900,000% to reach $1. This means that the market cap would reach $54,000,000,000,000, which is practically impossible since the total crypto market value is only $1.68 trillion.

Therefore, investors are flocking to new coins but have yet to experience the bull run like Everlodge (ELDG) for massive rewards.

Everlodge Presale (ELDG) – 30x your investment!

Although new to the market, Everlodge (ELDG) has performed well since the launch of its pre-sale. Analysts predicted a 30x rally for the coin upon its launch on major exchanges.

This is not surprising because the Everlodge project is centered on an innovative concept: blockchain real estate. It is building a blockchain-based real estate marketplace where users will make fractional investments in hotels, vacation homes, and luxury villas.

Everlodge (ELDG) is the first of its kind to merge fractional vacation ownership, timeshares and NFT technology. In other words, investors can own a fraction of luxury residences at low cost. With just $100, they can hold a fractional NFT that owns the market value of these properties in real time.

Additionally, NFT holders enjoy benefits such as booking discounts and holiday gifts at vacation properties. They are responsible for their assets and can trade their asset-backed NFTs on any ERC20 compatible third-party marketplace.

ELDG is the native token that powers this crypto project. As the project gains traction and more people buy into the vision, the value of the coin will continue to increase, rewarding investors. Don’t miss this 30x returns opportunity. Join the Evelodge (ELDG) presale and buy the coin at a low price of $0.027.

Visit Everlodge

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