JPMorgan Chase CEO Jamie Dimon said during a Senate hearing that the government should shut down crypto. Dimon has made negative comments about Bitcoin since 2014, yet JPMorgan Chase uses technology in their JPM Coin offering.
Many cryptocurrencies ended up surging in value as a result of this high level of attention gained from media outlets covering the statement. Despite these comments, Shiba Inu (SHIB), Binance (BNB), and Everlodge (ELDG) still climbed in value and showcased impressive price performance.
Summary
- Jamie Dimon slammed cryptocurrency during a Senate hearing
- Shiba Inu surged 23.3% during the past week, showcasing significant growth
- Binance could soon recover despite its Founder stepping down from the CEO position
Shiba Inu (SHIB) Sees an Upswing of 20% – How Far Can It Grow?
Shiba Inu (SHIB) is one of the most popular meme-inspired cryptocurrencies based on Ethereum. It’s inspired by a Japanese dog breed used for hunting, showcased in the crypto’s logo. Shiba Inu has been one of the biggest meme coins throughout the past few years, and it’s a main competitor to the likes of Dogecoin. It was propelled to success through its massive community, the SHIB Army, and during the past seven days, it saw an increase of 20%.
During 2023, the SHIB ecosystem expanded with the launch of Shibarium, a Layer-2 network that’s processed over 59 million transactions since its launch, signifying massive network usage. During the past week, SHIB increased from $0.00000838 to $0.00001042. This marked a total price upswing of 23.3% in the past seven days, and according to the Shiba Inu price prediction, it can climb to $0.000017 by the end of 2024.
Binance (BNB) Dipped to $226 – Can It Break Above $250 Again?
Changpeng Zhao, the founder and former CEO of Binance, made an official announcement that he would step down from his position at the company, and the official post went live on November 21, 2023, on X (Twitter).
The Binance crypto saw a downswing as a result and is down 17.5% in the past year. Despite dipping as low as $226 during the past week, it climbed back up over the $240 resistance point and is heading upwards. The BNB trading volume is now at $1,058,432,529, with its market cap at $37,066,303,102. According to the latest Binance price prediction, it can end the year at $243.22.
Everlodge (ELDG) Will Disrupt the $280T Real Estate Market
Everlodge (ELDG) can disrupt the $280 trillion real estate market through the introduction of blockchain technology. Traditionally, getting access to properties was difficult as they cost millions of dollars in upfront capital. With Everlodge, however, if a property is worth $7,000,000, it can be split across 70,000 pieces worth just $100 each.
This way, anyone can get access to a property and even diversify their holdings. It operates by minting each property as an NFT. Then, they’re split using a fractionalization process. The smart contract’s metadata will store the ownership details, bolstering transparency.
Hey, Lodgers! 🏡
Do you know? 🤔
With $ELDG, enjoy the warmth of passive income, monthly surprises, and exclusive club access.
Plus, who can resist sweet discounts?Dive into a token that feels like home. 💙
Join the presale: https://t.co/kIufYkD05d#Presale pic.twitter.com/9yzt5hZhul
— Everlodge (@EverlodgeHQ) September 26, 2023
There will also be a Rewards Club where token holders can access free nightly stays. Property builders can access the Launchpad, where they will be able to get funding from the community, and early investors can get high ROI, making it one of the best crypto to invest in.
Summary
Shiba Inu has showcased solid growth, and Binance has been heading downward in value. As a result, many began to diversify their holdings with the Everlodge cryptocurrency, as it offers vast utility and has a solid ecosystem. ELDG is undergoing Stage 8 of its presale, trading at just $0.027. Based on its current momentum and overall trajectory, it can spike by 2,500% at launch and its now seen as the best DeFi project.
For more information about the ongoing Everlodge (ELDG) Presale, please visit their website.
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