April 25, 2022
2 mins read
EverGrow Coin is heading for a Shiba Inu style breakout in the coming week, this could be the next SHIB
In April last year, the Shiba Inu market cap barely registered anything – but in April 2022 there are well over 1,000 Shiba Inu wallets valued at over $1 million. If you think you missed the chance to become one of many Shiba Inu millionaires over the past year, here’s why you should check out EverGrow Coin.EverGrow Coin has an ambitious roadmap that analysts have suggested will very soon see it break the crypto top 100. The 24hr trading volume today is up 173% according to CoinMarketCap as crypto investors learn more about EverGrow Coin.Here’s why EverGrow Coin could quickly become the next top crypto investment in 2022.
EverGrow Coin
EverGrow Coin is heading for a Shiba Inu-style breakout in the coming weeks for two main reasons: new application drops, and a strong existing utility base. We’ll look at each of these below.EverGrow Coin is designed to be the fuel for an ecosystem of applications that are user-friendly and bring the benefits of crypto to a wider audience. For example, EverGrow Coin is about to launch an NFT marketplace on the Binance Smart Chain that allows crypto lending with NFT assets as collateral – a first in the crypto space.Next up on the EverGrow Coin roadmap is a content subscription platform called Crator. The platform will facilitate crypto and fiat payments for subscriptions, tips, and paid-for Livestream content directly to content creators. Users can benefit from instant transactions as well as reduced fees and a low commission of 5% – compared to 20% on the likes of OnlyFans and 9-12% on Patreon.These two applications will feed into EverGrow Coin’s fundamental tokenomics of BUSD rewards and buyback & burn. The EverGrow Coin model charges a 14% transaction tax on buy/sell orders, with 8% distributed immediately as BUSD stablecoin reflections and 2% used to buy back $EGC tokens and burn them permanently from the supply.Profits from the EverGrow Coin ecosystem of applications will be used to further buy back & burn $EGC tokens, reducing overall supply and inflating the coin price.
How Shiba Inu made thousands of millionaires
Shiba Inu’s rapid rise in coin price in April and May last year was largely triggered by a massive coin burn. Ethereum co-founder Vitalik Buterin famously sent 41% of the total Shiba Inu coin supply to a burn address. This rapidly inflated Shiba Inu’s coin price and sent the market cap to nearly $14 billion within days.A surge of interest in October last year later took Shiba Inu to a market cap of over $40 billion, as the Shiba Inu coin price hit an all-time high of $0.00008845. Shiba Inu has since fallen over 70% in price and is currently trading at $0.00002426.Nevertheless, Shiba Inu made thousands of new millionaires – according to Shiba Inu price analysis, an investment of just $2 at the beginning of last year would have made you a millionaire by the beginning of 2022.Every new cryptocurrency wants to be the next Shiba Inu. Few will actually make it. If you are hedging your investments to have a chance of becoming a crypto millionaire in 2022 then make sure to read up on EverGrow Coin.Disclaimer: The information posted in the article is for educational purposes only. By using this, you agree that the information does not constitute any investment or financial advice. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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FAQs
Key Points. Shiba Inu could have made you a millionaire for the price of a cup of coffee in 2021. The token has since declined 73% from its all-time high, though sentiment is improving in the cryptocurrency space. It might not be possible for Shiba Inu to rise enough from here to mint more millionaires.
How many Shiba Inu millionaires are there? ›
Those who enthusiastically embraced the initial hype surrounding this meme coin found themselves among the ranks of millionaires. As of August 2021, two blue-collar workers managed to capitalize on the opportunity and amass substantial wealth by investing in Shiba Inu in 2020.
What will 1 million Shiba Inu be worth? ›
The price of 1000000 Shiba Inu in the US is 17.81 USD. Additionally, Shiba Inu's price for 1000000 SHIB is 19.38 EUR in the eurozone, 23.00 GBP in the UK, 12.97 CAD in Canada, 11.90 AUD in Australia, 0.212720 INR in India, 0.012821 KRW in South Korea, and 20.05 CHF in Switzerland.
What could SHIB realistically reach? ›
A more realistic prediction for Shiba Inu's price by 2024-2025 is from $0.0001 to $0.0003, assuming favorable market conditions and continued development within its ecosystem. Investors should remain cautious and consider the broader market conditions and inherent risks of investing in meme coins.
What if you invested $1000 in Shiba Inu? ›
If you had invested $1,000 in Shiba Inu crypto on Aug. 2, 2020, and sold it on Apr. 27, 2024, you would've reaped a profit of more than $24 million.
How high can SHIB go? ›
Our SHIB price prediction estimates an average price of $0.000080, potential new all-time highs of $0.000150, and potential lows of $0.000030 for 2025.
Which coin will reach $1 in 2025? ›
All things considered, Ripple's path to $1 by 2025 is based on solid developments and strategic growth. Investors should keep a close eye on this undervalued cryptocurrency.
Which crypto will boom in 2024? ›
EarthMeta (EMT) stands out as an explosive cryptocurrency in 2024. The platform's innovative approach to the metaverse, combined with its detailed digital replica of Earth and engaging economic strategies, sets it apart from other projects.
Will shiba inu coin reach 50 cents? ›
⚡️Will Shiba Inu Coin Reach 50 Cents? The FULL Truth⚡️ Despite its impressive performance in the past couple of years, Shiba Inu is very unlikely to reach $1 or 50 cents because its circulating token supply is simply too large. However, that doesn't mean that Shiba Inu doesn't have a lot of upside potential.
What is the price prediction for SHIB inu in 2040? ›
Shiba Inu is expected to cost between $0.0045 and $0.0058 in 2040, with an average market price of $0.0049. This range represents market expectations and takes into account several possibilities as crypto is expected to attain widespread usage.
Shiba Inu has a persistent supply problem
For context, that's more than the total wealth of every person on Earth, which stood at $454 trillion at the end of 2022, according to Credit Suisse. In other words, Shiba Inu rising to $1 is unequivocally impossible in its current state.
Which coin is best to buy now? ›
Best Crypto To Buy Now
- Bitcoin (BTC) Market cap: $1.3 trillion. ...
- Ethereum (ETH) Market cap: $421.0 billion. ...
- Tether (USDT) Market cap: $114.3 billion. ...
- Binance Coin (BNB) Market cap: $85.3 billion. ...
- Solana (SOL) Market cap: $81.2 billion. ...
- U.S. Dollar Coin (USDC) Market cap: $34.1 billion. ...
- XRP (XRP) ...
- Dogecoin (DOGE)
Shiba Inu (SHIB) Price Prediction Table
| Year | Average Price* | Percent Increase |
|---|
| 2032 | $0.000346 | 42.98% |
| 2033 | $0.000488 | 41.04% |
| 2040 | $0.00595 | 1119.26% |
| 2050 | $0.0121 | 103.36% |
8 more rowsAccording to crypto analysts, if the crypto market rebounds to 2021 performance, Shiba Inu's price can reach $0.0001 in 2022. They also predict that the Shiba Inu price will touch $0.00015 by 2023, $0.0002 by 2025, and $0.01 by 2030, making an all-time hit.
What will SHIB be worth in 2030? ›
Shiba Inu (SHIB) Price Prediction 2030
| Year | Price |
|---|
| 2025 | $ 0.000018 |
| 2026 | $ 0.000019 |
| 2027 | $ 0.00002 |
| 2030 | $ 0.000023 |
1 more rowIf SHIB claims a $0.0001 price, an investor must hold 10,000,000,000 (10 billion) tokens to sit on a $1 million investment. These 10 billion tokens are worth $102,600 at current prices. Similarly, if Shiba Inu rallies to $0.001, an investor holding 1,000,000,000 (1 billion) SHIB tokens would be sitting on $1 million.
Are there Shiba Inu billionaires? ›
This is the case of another Shiba Inu (SHIB) trader who turned into a Shiba Inu billionaire in one year. Shibtoshi purchased $8,000 worth of Shiba Inu (SHIB) tokens in 2020 and held them for approximately one year.
How much will Shiba Inu be worth in 2040? ›
The average predicted value of Shiba Inu in 2040 is approximately $2.76. The long-term price prediction for the Shiba Inu cryptocurrency asserts that the macroeconomic factors will also be favorable for the burgeoning industry. Additionally, a huge increase will also be seen in the Shiba Inu valuation in 2040.
