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Shiba Inu and Everlodge Will Explode in 2023, According to a bullish Ethereum prediction from Standard Chartered Analyst - CryptoSaurus


Standard Chartered analyst Geoff Kendrick is optimistic about the future of Ethereum (ETH) and projects that it can reach $8,000 by the end of 2023. Improving the network architecture can reduce costs, while gaming and tokenization can increase demand.

Besides, Shiba Inu (SHIB) may also soon rise in value, following the success of its Layer-2 launch, Shibarium. Everlodge (ELDG) is also getting attention as it will revolutionize the real estate sector with its unique offering.

Summary

VIDEO: Standard Chartered Bank Forecasts Ethereum Price to Hit $8,000 by 2026 Due to Expanding Use Cases
Money Matters
  • Shiba Inu may rise to $0.00001078 by the end of 2023
  • Ethereum will increase in value to $2,335.71 by the end of 2023 and to $8,000 by 2026
  • Everlodge may increase 35 times at launch

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Shiba Inu (SHIB) to rise after the success of its layer 2 network

Shiba Inu (SHIB) is a decentralized community building ecosystem with various elements. From ShibaSwap to Shibarium to 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 increase in Shiba Inu usage could lead to greater value.

Over the past week, the Shiba Inu cryptocurrency traded between $0.00000674 at the low end and $0.00000729 at the high end. Now, it must break the $0.000009 price barrier to reach new heights.

According to the official Shiba Inu price prediction, it may rise up to $0.00001078 by the end of 2023.

Ethereum (ETH) to Rise to $8,000 by End of 2026 According to Standard Chartered Analyst

Ethereum (ETH) will need to improve efficiency and drive demand, which may 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 cryptocurrency could reach $8,000, which is a 400% jump from its current value of around $1,600. This report arises from expected improvements to the Ethereum blockchain.

Looking at its recent data, the Ethereum cryptocurrency traded between $1,528.77 and $1,656.82 during the previous week, still showing high volatility. So far, Ethereum is up 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 capitalization of $186,211,394,630 and a daily trading volume of $9,264,994,736. According to Ethereum price prediction, it can reach $2,335.71 only by the end of 2023.

Everlodge (ELDG) will have a launch pad and a 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 affordable as just $100 for the average person.

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Each NFT will be backed by property, and as the property increases in value, the value of the NFT will also increase. The ecosystem will also feature a Launchpad and a Rewards Club.

Through them, investors can get a much higher return on investment as they can start projects early or simply get free overnight stays that they can choose to sell. ELDG It is used throughout the ecosystem.

Users can stake it to earn passive income or participate in governance through it. During Stage 5, it trades at just $0.020. At launch, analysts project that the crypto may rise 35x.

Learn more about Everlodge (ELDG) pre-sale

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Disclaimer

VIDEO: BITCOIN PREDICTION: Standard Chartered Says $50k By End Of THIS YEAR
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