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Morgan Stanley: The Crypto Winter May Be Over – New Altcoin Predicted To Outshine Shiba Inu and Ethereum

October 31, 2023
in Crypto News
Reading Time: 3 mins read
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Morgan Stanley: The Crypto Winter May Be Over – New Altcoin Predicted To Outshine Shiba Inu and Ethereum
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Morgan Stanley has signaled the end of the extended crypto winter. As a result, market analysts and investors are positioning themselves for a new bull market. While Ethereum and Shiba Inu are two established players that investors have followed, Everlodge has emerged as the top alternative. This article covers why Everlodge has been gaining attention recently.

Everlodge Taps Real Estate Industry for Massive Market Potential

The real estate was valued at over $280 trillion in 2022. Despite being one of the biggest markets in the world, several limitations have restricted many investors from getting involved. Everlodge aims to solve these problems and make the industry more accessible.

Everlodge achieves this by utilizing tokenization. Hotels, vacation homes, and luxury villas will be tokenized and listed as NFTs on the platform. Unlike regular NFTs, these ones can be fractionalized and split into smaller shares beginning at $100.

And there’s more to come! Everlodge’s future plans include a lending protocol and a launchpad. The Launchpad will allow property builders to secure funding while the lending protocol will allow investors to secure loans using their property-backed NFTs.

Everlodge has enjoyed success in its presale, selling millions of its ELDG tokens in the process. Investors still have a chance to join now ELDG trades at $0.023, before the anticipated rally to $0.5 for the bull market. 

For more information about the ongoing Everlodge (ELDG) Presale, you can visit their website or join their community here.

Shiba Inu Has Announced Major Changes To Network

The Shiba Inu crypto gained popularity for being a meme coin created to rival Dogecoin. However, in 2023, the project has looked to transition and leave its meme coin tag behind. There have been several changes to the network as a result.

The lead developer of Shiba Inu has announced a new blockchain identity solution. The developer has hyped the identity project for SHIB as a game-changer for the crypto space. This new project is hyped to cause the Shiba Inu coin price to increase.

The Shiba Inu price has increased above the $0.000008000 resistance. Analysts have predicted that the increase will increase as the new project launches in November. According to the Shiba Inu price prediction, SHIB could rally above $0.00001000 soon. 

Arthur Hayes Has Predicted a Massive Ethereum Rally

The legendary crypto trader Arthur Hayes has confirmed the entry of the bull season. Hayes has also predicted the arrival of “global wartime inflation” which will drive the price of the Ethereum coin to a new all-time high.

While Hayes is bullish over a short period, Standard Chartered shared long-term bullish sentiment about Ethereum. According to the financial company, Ether could reach $8,000 by 2026. However, ETH would not perform as well as Everlodge.

Standard Chartered explained that the price of Ethereum will rise as more upgrades come to the network. Meanwhile, for a rally in the near term, Ethereum must decisively break above the $2,000 resistance level.

 

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Credit: Source link

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