Analyst Bullish on Ethereum – Shiba Inu and Everlodge to Explode in 2023
Standard Chartered analyst Geoff Kendrick is bullish on the future of Ethereum (ETH) and projects that it can hit $8,000 by the end of 2023. Improving the network’s architecture can lower costs, while gaming and tokenization can boost demand.
Moreover, Shiba Inu (SHIB) can also soon surge in value, following the success of its Layer-2 launch, Shibarium. Everlodge (ELDG) is also getting attention, as it will revolutionize the real estate space with its unique offering.
Summary
- Shiba Inu can rise to $0.00001078 by the end of 2023
- Ethereum to spike in value to $2,335.71 by the end of 2023 and to $8,000 by 2026
- Everlodge can spike 35x at launch
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Shiba Inu (SHIB) to Spike Following Success of Its Layer-2 Network
Shiba Inu (SHIB) is a decentralized community-building ecosystem with various elements. From ShibaSwap to Shibarium and the BONE and LEASH tokens, the Shiba Inu ecosystem has grown and is now a major player in the Web3 space.
Recently, according to data from Shibariumscan.io, there have been a total of 3.4 million transactions with 1.25 million wallet addresses. This massive upswing in Shiba Inu usage could lead to heightened value.
During the previous week, the Shiba Inu crypto traded between $0.00000674 on the low end and $0.00000729 on the high end. Now, it must break past the $0.000009 price barrier to reach new heights.
Based on the official Shiba Inu price prediction, it can surge as high as $0.00001078 by the end of 2023.
Ethereum (ETH) Will Spike to $8,000 by the End of 2026 According to Standard Chartered Analyst
Ethereum (ETH) will need to improve efficiency and boost demand, which can lead to a seismic rise. This is based on a report by Standard Chartered analyst Geoff Kendrick.
According to the analysis, by the end of 2026, the crypto could reach $8,000, marking a 400% jump from its current value of around $1,600. This report stems from the expected improvements to the Ethereum blockchain.
As for its recent data, the Ethereum crypto traded between $1,528.77 and $1,656.82 during the previous week, still showcasing high volatility. So far, Ethereum has climbed 357,973.37% from its all-time low in 2015, indicating that long-term growth expectations are realistic.
However, Ethereum is also the second largest crypto, with a market cap of $186,211,394,630 and a daily trading volume of $9,264,994,736. According to the Ethereum price prediction, it can jump as high as $2,335.71 by the end of 2023 alone.
Everlodge (ELDG) to Feature a Launchpad and Rewards Club
The vacation rental market has become sought-after by many investors due to its rapid growth. However, not everyone can afford to buy multi-million dollar properties.
As a result, Everlodge will mint them as NFTs and fractionalize them. This will make them as accessible as just $100 for the everyday person.
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Each NFT will be property-backed, and as the property increases in value, so will the value of the NFT. The ecosystem will also feature a Launchpad and a Rewards Club.
Through them, investors can get far higher ROI, as they can jump into projects early or just get free nightly stays that they can choose to sell. ELDG is used across the ecosystem.
Users can stake it for passive income or engage in governance through it. During Stage 5, it trades at just $0.020. At launch, analysts project that the crypto can climb by 35x.
Find out more about the Everlodge (ELDG) Presale
Disclaimer
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