Cardano (ADA) has shown significant strength with a 45% increase over the past month, sparking discussions about its potential. While experiencing a recent dip from $0.63 to $0.55, crypto analyst Ali Martinez remains optimistic about ADA’s outlook. Despite facing challenges in maintaining its uptrend, Shiba Inu (SHIB) continues to be the second-most-popular meme coin. Now, attention is turning towards Everlodge (ELDG), a platform merging AI-driven elements with the real estate sector.
Cardano Bulls Eyeing $1
According to crypto analyst Ali Martinez, ADA may witness a short-term bounce before continuing its recent upward momentum. In the last week, ADA rallied from a low of $0.397228 to around $0.631526. Over the past year, its market cap has surged by 76%, reaching over $19 billion. ADA holds the position as the ninth-largest crypto, with an average daily trading volume of $1.16 billion. Analyst forecasts suggest ADA could rise to $1.04 in 2024.
Shibarium’s Transaction Surge
Shiba Inu has displayed resilience, reaching $0.00001049 in the past week before retracting to $0.00000966. The break above the $0.00001 resistance indicates the token’s bullish sentiment. Shibarium, the layer-2 network of Shiba Inu, has processed over 82 million transactions. Recent on-chart data shows Shiba Inu’s market cap surpassing $5.7 billion, with analysts projecting the token to reach $0.000017 by the end of 2024.
Everlodge Introduces AI to Real Estate
Everlodge aims to revolutionize the real estate market by democratizing ownership, allowing investments with as little as $100. The platform achieves this by tokenizing real estate properties as NFTs and fractionalizing them into smaller, more accessible units. This enables individuals to purchase fractions of a property, granting ownership of a portion of the asset’s value, income, and appreciation potential. Everlodge also offers passive income opportunities through rental properties co-owned by token holders. Additionally, the platform plans to incorporate an AI-powered tool analyzing market trends to guide investment decisions and enhance overall returns.
Investors are drawn to Everlodge as an opportunity to gain exposure to the real estate market without the high upfront costs associated with traditional ownership.
Summary
Cardano and Shiba Inu continue to capture attention, but investors are diversifying their holdings with Everlodge. In the eighth stage of the presale, ELDG has seen a 170% increase, trading at $0.027. Analysts anticipate further gains once the token is listed on tier-1 exchanges.
