Over the last week, meme coins have been garnering remarkable attention. Amidst the frenzy, Pepe (PEPE) and ApeCoin (APE) are attracting the spotlight with their price predictions. Concurrently, Everlodge (ELDG) is experiencing a surge in whale activity after showing it has the potential for a 30x surge.
Summary
Pepe Coin (PEPE), inspired by the internet’s beloved Pepe the Frog meme, rose to prominence after its launch in April. However, in the following months, macroeconomic variables would cause declines in the Pepe Coin price.
The meme coin space has been pulling a resurgence over the last week, and Pepe has been at the forefront. The price of Pepe coin spiked by more than 30% in the last seven days. However, the bullish performance would not last as bears are back in the market.
Over the last 24 hours, the meme coin has dropped by 8% and trades at $0.000001223. With the meme coin rally set to continue, crypto experts predict that Pepe could return to bullish territory if it manages to hold the $0.000001200 support level.
ApeCoin (APE) – the utility token of the biggest non-fungible token (NFT) ecosystem, has been under immense selling pressure. Following the recent token unlock, the price of Apecoin has plummeted. In the last 24 hours, the ApeCoin value has dropped by 9.2% and now trades at $1.80.
As predicted by many crypto analysts, the token would be followed by massive selling pressure. ApeCoin is currently facing bearish pressure from addresses holding 625.65 million APE tokens which is worth approximately $1.28 billion
Despite being unrelated to market circumstances, the movement in APE supply from long-term holders to short-term holders (traders) significantly reduces the reduction. If this continues, the price of APE could drop to historic lows below $1.72
Defying the trend of the broader crypto market, Everlodge (ELDG) is experiencing a surge in whale activity. Everlodge has been grabbing headlines and investments as a unique property marketplace built on a blockchain.
The project will bring down the hospitality industry’s restrictions and allow every investor to invest fractionally in hotels, vacation homes, and luxury villas. Properties will be listed on its marketplace through collaborations with well-known hotel chains and luxury property developers.
Using fractional NFTs to represent these properties, Everlodge will allow investors to join the industry with only $100. In 2022, the global hospitality industry hit a valuation of $4.548 trillion. The industry is also expected to grow at a compound annual growth rate (CAGR) of 4.7%.
With Everlodge, a disruptive project and the first of its kind, ELDG has been predicted to have a 30x potential. Currently, ELDG remains in the beta stage and trades at $0.01, offering a great buying opportunity.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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