here’s why Dogecoin, XRP, and Everlodge are trending
Dogecoin (DOGE), XRP, and Everlodge (ELDG) are trending higher, drawing attention from the crypto community.
With their recent price action, ChatGPT hints of a possible bull market. Let’s find out more.
ChatGPT: Dogecoin might retrace
According to market data, Dogecoin’s trading volume and market cap have decreased.
Dogecoin surged in October, rising to $0.071415. However, the bullish run didn’t last long, as the coin has retraced in November, reaching $0.067390.
Coinciding with the drop in DOGE prices is a retracement of market cap and trading volume.
Despite these changes, ChatGPT remains bullish on Dogecoin, as the RSI indicator is in oversold territory.
ChatGPT predicts DOGE to reach $0.073478 in the coming weeks.
Ripple partners with the National Bank Of Georgia
Ripple Labs and the National Bank of Georgia have joined forces to create Georgia’s Central Bank Digital Currency (CBDC), the Digital Lari.
The partnership will develop and launch a pilot program for the Digital Lari using the Ripple CBDC Platform. The objective is to investigate the potential applications of Digital Lari for enterprises and government.
The recent withdrawal of accusations against Ripple executives by the U.S. Securities and Exchange Commission (SEC) lifted XRP prices.
Based on CoinMarketCap data, XRP rose 14.2% in the last 30 days, reaching $0.604733.
ChatGPT predicts XRP to retest $0.689733 in the coming weeks.
Everlodge: users can earn rewards from staking
Everlodge is a new player in crypto, joining Dogecoin and XRP. The team is building a platform for people to invest in luxury vacation properties easily.
A key feature in Everlodge is non-fungible token (NFT) technology and fractionalization. In this setup, they plan to integrate NFTs to represent shares in these properties, then split them into smaller parts that people can buy for as little as $100. This would enable more people to own a piece of high-end real estate.
Everlodge also allows property developers to connect with the community and get project funding. Investors who position themselves in these projects can benefit.
ELDG is the main currency in the Everlodge system, and it can be staked, diversifying income streams.
Currently, ELDG is available for $0.23 in the ongoing presale. At the end of the crowdfunding activity, ELDG will be listed in leading exchanges. For this reason, experts maintain a bullish outlook on ELDG.
For more information about the Everlodge presale, visit their website or join their community here.
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