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This New Altcoin Has Surged, While Shiba Inu (SHIB) and Bonk (BONK) Prices Attempt Recovery

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The past 24 hours saw Shiba Inu increase ever so slightly, but it remains down 14% on a weekly basis. BONK, on the other hand, is up almost 30% over the same period, gaining around 16% during the last week. That said, Everlodge – a relatively new altcoin that is still in its presale – continues to raise funds successfully.

Shiba Inu’s (SHIB) Automatic Burns: Will They Stop the Price Slide?

Shiba Inu (SHIB) developers have confirmed that manual token burning will cease this month. Thus, it will make way for automatic burning on Shiba Inu’s newly launched Shibarium layer-2 network.

This transition, set to begin in January 2024, aims to reduce the circulating supply of Shiba Inu (SHIB) tokens, and potentially increase their value. Shibarium will automatically burn a portion of Shiba Inu (SHIB) collected from user fees.

Despite ongoing efforts to upgrade and attract users, Shiba Inu’s (SHIB) price remains sluggish. Over the past week, Shiba Inu (SHIB) has shed over 13% despite the attempted recovery in the past 24 hours.

Bonk (BONK) Increases After OKX Listing

Bonk enjoyed a brief surge after Zeta Markets announced it would host BONK perpetual trading. The news sent Bonk (BONK) soaring to $0.00001579 on December 29th, but like many a viral trend, the hype seems to be cooling down. But that’s not all.

OKX – one of the leading cryptocurrency exchanges – decided to list BONK starting January 8th, 2024. This caused a pump in the price amounting roughly to about 30%.

This has also improved BONK’s weekly chart, which is currently up by about 15% at the time of this writing. It’s interesting to see if the gains can be sustained.

Everlodge (ELDG): Open the Door to Luxury Travel, One Brick at a Time

Imagine a world where the $280 trillion global real estate market isn’t just for the one percent. With Everlodge, it’s cracked wide open.

Forget the million-dollar barrier to luxury travel! Everlodge is here, shaking things up with blockchain technology, and making dream destinations accessible to everyone.

Think of it like this: imagine owning a piece of a stunning beach villa in Bali or a cozy ski chalet in the Alps. With Everlodge, you can own a piece of it. Furthermore, the platform will fractionalize into NFTs, each priced at just $100. Thus, anyone can own a slice of paradise.

But the benefits go beyond just bragging rights. User ownership unlocks many perks: Every time their “brick” gets rented, they get a share of the profits. Earn points with every purchase, and unlock free nights at stunning locations. Users can also sell the NFTs at will.

Furthermore, users can get a sneak peek into global property prices with smart tools, helping them spot hidden gems waiting to be discovered.

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Harry is a crypto enthusiast and experienced trader with a track record of success. With a deep understanding of blockchain technology, he has analyzed market trends and identified profitable opportunities, resulting in impressive returns. Harry 's expertise lies in developing effective trading strategies that leverage the potential of cryptocurrencies. Through his articles, guides, and educational resources, he shares his insights and knowledge, helping individuals make informed trading decisions. With a keen eye for market patterns, Harry has navigated the volatile crypto landscape with confidence. Stay tuned for valuable perspectives and expert advice from Harry as he contributes to the Ailtra platform.
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