Crypto Uptober ended on a great note, with Bitcoin leading the harge. However, there were other altcoins that showed remarkable strength during the bull market. The Reddit community has picked three altcoins to join the charge, Shiba Inu, TRON, and Everlodge. Let’s find out how well these altcoins can do in the bull market.h
Why is the Reddit Community Bullish on Shiba Inu (SHIB)?
In October, when Bitcoin’s price skyrocketed, several meme coins, like Shiba Inu cryptocurrency, also went up. The price rally attracted a large number of investors who bought Shiha Inu tokens in anticipation of a long bull run. Shiba Inu coin soared to the $0.000008 region and showed great potential for more price gains.
However, some Shiba Inu holders decided to make a profit and the price of Shiba Inu plummeted to $0.00000781. This shows that Shiba Inu token investors could be losing interest. At the same time, investors have been transferring massive amounts of SHIB tokens this week.
According to Whale Alert, on November 1st, they moved a whopping 4.46 trillion SHIB tokens from the Bitvavo exchange to an unknown wallet. Reddit users are counting on the new Shib name service to spark a price rally in the coming weeks. As a result, they have given a Shiba Inu price prediction of $0.00000878 in 2023.
TRON Partners With Tangem AG, Launches Hardware Wallets
TRON DAO, a well-known leader in the blockchain industry worldwide, has partnered with Tangem AG, a leading producer of cutting-edge crypto hardware wallets. This partnership has a clear goal: to make the TRON ecosystem even better and improve the experience for users.
As a sign of this teamwork, Tangem will release a special TRON-themed hardware wallet. This collaboration is set to push the TRON network forward, offering its users the best of both worlds. Meanwhile, Tangem has already released 1,000 wallets for the Tron community.
The Tron coin price skyrocketed as high as $0.100858 during the October rally. However, the price of Tron crypto has dropped 2% in November to $0.098272. Still, the Reddit community’s Tron price forecast is bullish. They expect the token to gain more adoption with its new hardware wallet.
Reddit Community Bullish About The Everlodge (ELDG) Project
Everlodge (ELDG) is working on a new way to make buying property easier and cheaper. They want to use NFTs and blockchain to make it possible for regular people to invest in real estate.
Currently, investing in real estate has become expensive, and many folks can’t afford it. So, Everlodge‘s plan is to turn villas and hotels into digital tokens called NFTs. Then, these NFTs will split into smaller pieces that investors can buy.
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Join the presale: https://t.co/kIufYkD05d#Presale pic.twitter.com/9yzt5hZhul
— Everlodge (@EverlodgeHQ) September 26, 2023
This means you and everyone can buy a part of a property with just a little bit of money, and we’ll own it together with others. Currently, the ELDG token is in the sixth stage of its presale and is valued at only $0.023.
While Everlodge is not as old as Shiba Inu and Tron, it has good potential. Besides, the real estate sector in which Everlodge would be operating is worth over $280 trillion. As a result, the Reddit community has forecasted ELDG’s price to skyrocket $0.038 by the end of the presale.
For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.
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