Morgan Stanley Halves Bitcoin; Shiba Inu, BNB, and this new token may rise.
Morgan Stanley, a major investment bank, predicted the upcoming halving of Bitcoin (BTC) in 2018. He said he would launch a fresh beef market in 2024.
This means that the price of Bitcoin can increase significantly and so can other altcoins. Altcoins that could benefit from this rally include Shiba Inu, BNB, and Everlodge.
Everlodge, the first Web3 marketplace for real estate
Shiha Inu and BBNB Crypto aren't the only tokens that could benefit from Bitcoin's halving. One new token that analysts believe will see further gains in 2024 is the Everlodge token ELDG. why? You might ask. International tourism is booming after the end of the Covid-19 lockdown.
Because investing in real estate requires a large amount of money up front, only a few wealthy individuals have joined the industry. Everlodge is here to help and promises to make property investing easy. They used blockchain technology to convert real estate into NFTs, which can be divided into smaller units.
As you know anyone can buy these NFTs for $100. Additionally, the value of these NFTs rises as the assets appreciate. Additionally, these NFTs are worth more than the regular ones. During this time, the price of the token, ELDG, rose more than 100%, from $0.01 to $0.23.
Everlodge prices are expected to increase as pre-sales continue.
For more information on the Everlodge (ELDG) Presale, you can visit their website or join their community here.
The Shiba Inu tends to self-preservation of its properties.
The Shiba Inu (SHIB) team is working on a new feature to allow SHIB coin holders to manage their identity. Shiba Inu developer Caldhairya mentioned the news in a comment on October 28. He talked about a digital ID system for SHIB coin holders.
Meanwhile, Shiba Innu developers have not shared all the details yet. However, they are counting down 72 hours to the big reveal on October 31st. This new feature, Self-Sovereign Identity (SSI), is expected to make SHIB more decentralized and the Shiba Inu ecosystem stronger.
This will attract more investors and will affect the value of the Shiba Inu in the long run. The Shiba Inu coin price crossed the $0.00000803 level in October. Analysts predict that Shiba Inu price will rise to $0.00003360 in 2024.
BNBChain launches multi-signature wallet service
BNBChain has introduced a new wallet service called BNB SafeWallet. This wallet uses the Gnosis Safe protocol and works on both Binance Smart Chain and opBNB. According to BNBChain's blog post, this launch is a big step towards making the BSC network more secure.
Additionally, the BNBChain Safe multi-signature wallet service provides users with a safe place to store their digital assets. BNBChain's native token, Binance Coin has seen huge gains lately. It exited the consolidation phase and increased to $229.25 on October 30.
Analysts are currently looking at BNB Token. BNB price is predicted to increase to $310 by 2024, growing on Bitcoin's halving event. Investors are now looking for where to buy BNB in light of bearish forecasts.
