Best Crypto to Buy In August:Ethereum, Shiba Inu, Everlodge – Analytics Insight
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Best Crypto to Buy In August: Ethereum, Shiba Inu, Everlodge
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Since the 2021 bull market finding profitable cryptocurrencies has become more complex. Many reliable projects have crashed, while most new projects have failed after overpromising and under delivering. So what are the best cryptos to buy in August?
Ethereum, Shiba Inu and Everlodge are looking like the best options. Each project is predicted to surge throughout August, offering great returns for bullish investors. Here’s why.
Click Here To Find Out More About The Everlodge (ELDG) Presale
Everlodge is disrupting the vacation property marketplace. It applies DeFi technology to the market to reduce barriers to entry and streamline the property purchasing process. Using Everlodge, investors will be able to purchase fractional ownership in hotels, luxury and vacation homes located in some of the most beautiful locations in the world.
To get involved, investors must first create an account. Once created, they can browse the Everlodge marketplace and purchase NFTs that represent equity in a property for as little as $100.
Once an investor owns an NFT, they will generate a passive income based on the percentage of the property they own. They will also profit if the property they have purchased increases in value. 
Aside from vacation properties, investors will also be able to invest in property developments via the Everlodge launchpad. This launchpad connects developers looking for funds with investors in the Everlodge community. Those who invest early could make significant returns.
Alternatively, investors can also become part of the Everlodge ecosystem by joining the Everlodge rewards club. Club members will earn free stays at properties throughout the Everlodge ecosystem. These can be sold for a profit or used as a free holiday.
The Everlodge presale is already selling out fast, with over 50% of the first round’s supply sold in just a few days. ELDG tokens are currently available for $0.01 per token, and investors will earn a 30% bonus on any stage one purchase.
Shiba Inu has increased in value by 29.47% in the last 30 days. This significant rise has been influenced by the anticipation of Shibarium, which could take Shiba Inu to new all-time highs.
At the time of writing, Shiba Inu was trading at $0.00000976, and its daily trading volume had hit $318 million. In addition to the release of Shibarium, Shiba Inu token holders are driving up the value of Shiba Inu by burning tokens.
Shiba Inu token burn rates have increased by over 100% in the last month, with several crypto whales burning millions of SHIB tokens. As Shiba Inu’s value is expected to increase in August and September, many experts believe that Shiba Inu is a must-have investment.
Ethereum has made headlines throughout 2023 for its developments throughout the DeFi market. After its latest upgrade, Ethereum staking rates hit new highs, significantly increasing Ethereum’s dominance over the market.
However, despite its growing influence, Ethereum’s growth has remained slow. Over the past month, Ethereum has decreased in value by 1% and is now trading at $1,850. Although this may appear expensive, many experts believe that Ethereum could hit $3,000 when the market recovers.
Over the past two weeks, Ethereums daily trading volume has consistently hit over $5 billion. This suggests that investors believe an Ethereum surge could be on the way, making it a strong investment for August.
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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Disclaimer: Any financial and crypto market information given on Analytics Insight is written for informational purpose only and is not an investment advice. Conduct your own research by contacting financial experts before making any investment decisions, more information here.