Recently, a colossal Shiba Inu (SHIB) and Solana (SOL) whale made headlines by announcing a strategic decision that has piqued the curiosity of the crypto community: the transfer of holdings to Everlodge (ELDG). This intriguing move raises questions about the rationale behind the shift and the implications it could have for the future.

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Shiba Inu (SHIB): Slowly Losing Momentum


Following the highly anticipated Shibarium launch, Shiba Inu (SHIB) has experienced a gradual decline in momentum. This trend is attributed to the myriad technical issues that marred the launch. Moreover, these technical issues led to delays and eroded investor confidence, resulting in a loss of value for the Shiba Inu coin.

Although many experts foresee the Shiba Inu price between $0.00000946 and $0.00001078 by December 2023, this mark may not appeal to some traders.

The whale has seen this downtrend forming and has decided to look at other projects with more room for growth. In sum, the aftermath of the failed launch highlights the importance of robust development and rigorous testing in the crypto space.


Solana (SOL): Unable To Break Bearish Influence


The prominent whale has also left Solana (SOL) amidst its decline in value. To clarify, the Solana crypto has been sinking since mid-July 2023. This departure signifies the ripple effects of the prolonged Solana price decline on investor sentiment and confidence.

Not even the news that Shopify has added Solana Pay to its list of payment options has convinced holders to stay. Addressing market challenges and instilling investor trust is a must to maintain the resilience of the Solana ecosystem.

Even though some experts foresee the Solana coin price sitting between $26.39 and $29.22 within Q4 of 2023, other projects with more upside appeal to buyers.


Everlodge (ELDG): The Whale's Decision


While Shiba Inu and Solana face challenges, the whale shift to Everlodge (ELDG) hints at a move driven by a vision for the future. Everlodge has an innovative approach to revolutionizing the real estate sector through blockchain technology. In other words, it will introduce a unique property marketplace that deals in luxurious properties represented by fractionalized NFTs.

Tokenization enhances liquidity and allows a broader range of individuals to participate in real estate. For example, traditional real estate investment has a very high upfront cost. But Everlodge eliminates this issue as these fractionalized NFTs can be purchased for prices as low as $100. Therefore, buyers from all walks of life can become fractional owners.

Moreover, the transparency facilitated by blockchain could offer a higher degree of security and trust. As a matter of fact, Everlodge will store all deeds and titles in the metadata of the NFT. Consequently, users will not need to fear any fraud.

Holding the ELDG token will give you access to free nightly stays in Everlodge properties, governance, and staking rewards. One ELDG token now costs just $0.012 as it is in Stage 1 of its presale. With experts predicting a 191% price jump before the presale ends, the whale has decided to buy it before it's too late.

Find out more about the Everlodge (ELDG) Presale


Website: https://www.everlodge.io/

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