Sunday, 14 July 2024

Crypto News

Shiba Inu’s Shibarium hits new milestone, Solana whale moves $11M, Everlodge price rises 150%

Shiba Inu's Shibarium hits new milestone, Solana whale moves $11M, Everlodge price rises 150%

Shiba Inu’s Shibarium has achieved a significant milestone. Also, a large Solana whale has transferred $11 million. Could a major token dump be coming? Meanwhile, Everlodge’s presale has gained momentum as more investors move to stockpile more tokens.

Shiba Inu (SHIB) shibarium sees increased adoption

Shibarium, Shiba Inu’s L2 blockchain, has experienced a massive increase in activity, as reported by Shibariumscan. The number of daily new contracts created on the network has surged by 3,000%. This shows an increase in adoption from users. 

The price of the Shiba Inu coin shot up to $0.00000863 on November 9th. In the last 30 days and the last 7 days, the price has risen by 23.9% and 8.5%, respectively. Furthermore, the technical indications for the Shiba Inu suggest that the positive momentum will persist. As a result, the price prognosis for the Shiba Inu suggests a positive trend movement to recover the 2021 highs.  

Bulls in Shiba Inu tokens are preparing for a retest of the $0.000010 price point. Analysts predict that as long as Shibarium growth and Shiba Inu burn continue, Shiba Inu’s value will increase. Analysts have forecasted that Shiba Inu’s value will soar as Shibarium growth and Shiba Inu burn continues.

Solana (SOL) surges 100% despite whale transfer

Over the past month, the Solana coin has experienced an impressive rally, surging by over 100.8%. As a result, Solana’s value climbed from $43 to $44.80 on November 9th.  Looking at the monthly price chart, we can see that Solana reached as high as $47 recently. 

This significant rise in value has also strengthened Solana’s position in the cryptocurrency market. According to CoinMarketCap, Solana’s market cap has increased to $18.8 billion and ranked the 7th largest token.

Meanwhile, data from Whale Alert revealed that a whale moved $11 million worth of Solana to Binance. This could be a sign of a huge dump which could affect Solana’s value. Still, Solana’s price prediction of $50 remained bullish as confirmed by its technical indicators.

Investors stockpiling Everlodge (ELDG) tokens 

Shiba Inu and Solana are not the only cryptocurrencies showing growth potential. Everlodge has also drawn the attention of analysts and investors. Investors are increasing their holdings ahead of a price surge. Everlodge is a blockchain real estate marketplace that aims…

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