Dogecoin (DOGE), XRP (XRP), and Everlodge (ELDG) – are three cryptocurrencies that people are intrigued about as the United States Securities and Exchange Commission (SEC) recently announced the postponement of decisions regarding Bitcoin ETFs. This delay has ripple effects across the crypto market, leaving investors wondering about the future of many tokens. Explore the implications of the SEC’s decision on these cryptocurrencies and what the future may hold for them.
Join the Everlodge presale and win a luxury holiday to the Maldives
Dogecoin (DOGE): In Its Lane
Dogecoin (DOGE), initially created as a meme cryptocurrency, has surged in popularity thanks to endorsements from figures like Elon Musk. While Dogecoin has made its mark, it has no links to ETFs. Therefore, the SEC’s decision on Bitcoin ETFs may have a limited direct impact on Dogecoin.
In recent Dogecoin news, the Robinhood crypto wallet added support for it. As a result, millions of users can now freely receive or send Dogecoin through it.
As these new developments unfold, the adoption of Dogecoin continues growing. Therefore, experts are bullish about its long-term growth potential. In fact, some of them even predict a Dogecoin price of $0.098 by the end of 2023.
XRP (XRP): Could See Benefits
XRP (XRP), the cryptocurrency associated with Ripple, has faced regulatory challenges for years. However, the recent delay by the SEC in announcing outcomes for Bitcoin ETF applications could indirectly benefit XRP investors.
The SEC’s resources and attention are currently divided among crypto-related matters, potentially reducing the regulatory pressure on XRP. This respite could lead to a more favorable resolution in the XRP lawsuit.
XRP’s long-term prospects may improve, making it an intriguing option for investors seeking opportunities beyond traditional ETFs. Some analysts even predict the XRP price will reach $0.79 within Q4 of 2023.
Everlodge (ELDG): A Future Blue-Chip Token
Everlodge (ELDG) will be a soon-to-come project to alter the real estate market fundamentally. Unlike Dogecoin and XRP, its value has no ties to Bitcoin. Instead, Everlodge focuses on solving issues within the real estate industry, providing unique value to its users.
For instance, traditional real estate investments often require significant capital, making it inaccessible to many potential investors. Everlodge is changing this by digitizing and minting villas, homes, and more into NFTs. Afterward, Everlodge fractionalizes these NFTs. This means that even with a modest budget, anyone can fractionally own a luxurious property.
Also, traditional real estate investments are known for their lack of liquidity. Once you invest in a property, it can be challenging to sell it quickly if the need arises. Everlodge tackles this problem by allowing all NFTs to be sold or traded on its secondary marketplace. Therefore providing investors with liquidity previously unavailable in the real estate market.
Everlodge’s growth and success depend more on its adoption within the real estate sector. And since that sector is worth over $280T, Everlodge’s stability and growth potential are excellent. Those looking to support Everlodge are now buying its native token, ELDG, for just $0.012. But, it is in Stage 1 of its presale, and experts foresee a rise to $0.035 before it ends.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.