Crypto News- Cardano enthusiasts have their sights set on a $1 target, as crypto analyst Ali Martinez suggests a potential short-term bounce before continuing the recent upward momentum. ADA, in the past week, surged from a low of $0.397228 to approximately $0.631526, marking a noteworthy uptrend. With a market cap now exceeding $19 billion, ADA holds its ground as the ninth-largest crypto, boasting a daily trading volume averaging $1.16 billion.
Cardano Holds Steady While Shibarium Handles 82 Million Transactions; Everlodge Innovates by Merging AI with Real Estate
Looking ahead, analyst forecasts indicate ADA could reach $1.04 by 2024, adding an optimistic outlook to its current performance.
Shiba Inu remains firm, experiencing a rise to $0.00001049 in the past week, reinforcing its bullish stance after surpassing the $0.00001 resistance. The Shibarium layer-2 network, responsible for processing over 82 million transactions, underscores the token’s robust activity. Despite a slight retraction to $0.00000966, Shiba Inu maintains a market cap exceeding $5.7 billion, with projections suggesting a potential climb to $0.000017 by the end of 2024.
In the realm of real estate, Everlodge introduces a transformative approach by incorporating AI into the market. Enabling ownership democratization, Everlodge tokenizes real estate properties as NFTs and fractionalizes them into more accessible units. This allows individuals to invest with as little as $100, providing ownership of a fraction of a property’s value, income, and appreciation potential. Beyond fractionalization, Everlodge offers passive income opportunities through co-owned rental properties, coupled with an upcoming AI-powered tool that analyzes market trends, aiding token holders in making informed investment decisions.
Investors are increasingly drawn to Everlodge as an avenue to access the real estate market without the traditional high upfront costs. In the presale’s eighth stage, ELDG has already surged by 170%, currently trading at $0.027. Analysts anticipate further gains once the token is listed on tier-1 exchanges, adding an air of excitement to its future prospects.
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