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Business Spotlight

Coin Market Cap Most Trending Coins: Pepecoin (PEPE), Everlodge (ELDG), And Arbitrum (ARB)

PEPE Coin investors seek to buy the dip, Everlodge will disrupt the housing market by providing a seamless approach to fractional investing in vacation rentals, and Arbitrum tries to sustain major resistance at the 50D SMA showing bullish signs. Here we take a look at the most trending tokens on CoinMarketCap.

Everlodge
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PEPE Coin: Is It Time to Buy the Dip?

Analysts expect continued growth for the meme coin market with increasing real-world utility for Pepe Coin. Pepe Coin's token value has dropped significantly from May's high, but investors seem to see an opportunity to buy the dip before a potential reversal.

However, for now, the bearish momentum in Pepe Coin's price action has resumed, facing strong resistance levels around $0.00000188.

Nonetheless, analysts see a potential recovery rally coming with the next NFT wave.

If Pepe Coin's price can rebound and break above the resistance level at $0.00000195, the breakout would be verified, and Pepe Coin bulls are likely to step up and break the psychological price point of $0.0000020.

Everlodge: Co-own Vacation Homes Onchain

Everlodge is a smart way to diversify your portfolio. With the world's first co-ownership platform for vacation homes on the blockchain, Everlodge will provide access without bank credit checks or hidden fees.

Everlodge will offer an attractive opportunity for passive income, with investments starting as little as $100. The Everlodge ecosystem will include the Marketplace, a Launchpad, the Rewards Club, and Lending Services, and will be set up to democratize vacation home ownership by combining real estate with DeFi.

They will tokenize the asset, i.e., a luxury apartment, and the divided fractions will be able to be purchased as NFTs.

ELDG will be issued as an ERC20 token, and the Everlodge ecosystem will be 100% audited by SolidProof. ELDG will be the native token that powers the ecosystem, with tokenomics distribution as follows: public presale 55%, development team 10%, liquidity 5%, rewards 15%, legal & advisors 3%, and a reserve of 12% of the 800,000,000 tokens in total.

Ongoing developments on the roadmap include the completion of the UX/UI for Desktop, Android, and iOS, the listing on Uniswap, as well as launching influencer marketing. Then the upcoming listing of Everlodge on a major CEX. The Everlodge whitepaper will be public on the website, and support will be available via email at [email protected].

Experts in the industry expect a potential 10,000% gain on the token, which will be available in the first stage of the presale.

Arbitrum’s Recovery?

At the time of writing, Arbitrum is trading at $1.13, holds a total market cap of $1.44 billion, and ranks 37th in the crypto market. The total trading volume of the Arbitrum token has decreased by over 16% over the past week. There are over 1.27 Billion Arbitrum tokens in circulating supply.

Arbitrum follows the market and sees a pullback on the charts, suffering rejection from the trendline resistance, but might soon get bulls stepping up nearing the buying zone at the 50D SMA.

If the price action for Arbitrum sustains bullish momentum above the trendline resistance, then Arbitrum might see a surge up to $1.5. Technical indicators support the bullish possibility of Arbitrum's recovery, with the RSI around 40 and MACD lines showing a crossover.

Find out more about the Everlodge (ELDG) Presale