EverGrow Coin is going ahead of Shiba Inu with respect to the crypto price in 2022
Every Shiba Inu investor asks themself ‘will Shiba Inu reach $1?’ – but crypto newcomer EverGrow Coin is far more likely to reach that figure first.Before we get into the whys and hows, let’s look at what a $100 investment will look like when Shiba Inu or EverGrow Coin reaches a $1 price. If Shiba Inu can shed four zeroes from its current price of $0.00002397 it would see a $100 investment reach $4,172,000.In the case of EverGrow Coin, if EGC’s current price of $0.000000363760 can reach $1 it would see a $100 investment become $274,876,306.These kinds of gains are life-changing – and not impossible. Shiba Inu shed six zeroes throughout the course of 2021, meaning that a $2 investment at the beginning of 2021 would have made you a millionaire by 2022.
EverGrow Coin will reach $1 before Shiba Inu
The answer to this question is contained in just three letters: BB+B. It stands for buy-back-and-burn and relates to EverGrow Coin’s built-in mechanisms for burning crypto tokens to inflate EGC’s price.To understand the importance of this, let’s illustrate some Shiba Inu history. In May last year, the Ethereum co-founder Vitalik Buterin burned 410,000,000,000,000 Shiba Inu tokens (about 41% of the total supply). This vastly reduced the supply of Shiba Inu crypto tokens and occurred as the price of Shiba Inu shot up 900% to hit an all-time high of $0.00003791.According to shibburn.com to date, 410,312,981,378,284 Shiba Inu tokens have been burned – about 41.03% of the supply. Shiba Inu crucially has no centralised oversight meaning that loyal Shiba Inu fans are burning tokens in creative ways – like the Shiba Inu Coffee Company which uses profits to burn SHIB tokens. The goal is to keep burning until 1 Shiba Inu token is worth $1.But what if reaching a $1 price through coin burns happened automatically? Enter EverGrow Coin.
EverGrow Coin has burnt more of its supply than Shiba Inu in just 5 months
The top EverGrow Coin wallet address on bscscan.com is the EGC burn address. It contains 528,465,477,725,549 EverGrow Coin tokens which represents 52.85% of supply. This means that EverGrow Coin has managed to burn more crypto tokens than Shiba Inu – and automatically – after launching in just September last year.So how does EverGrow Coin burn so many tokens? The heart of the matter is that EverGrow Coin’s entire business model is set up to see the kind of returns Shiba Inu achieved by accident.Everyone buys or sell order of EverGrow Coin comes with a 14% tax, of which between 2-3% is set aside for strategic coin burns (BB+B). After EverGrow Coin was listed on the DigiFinex exchange last week, the chairman Sam Kelly explained on TwitterFor example, EverGrow Coin chairman Sam Kelly explained on Twitter last week how an EGC trading volume of $1,183,929 on the DigiFinex exchange saw $35,517 set aside for BB+B in just a few hours.
EverGrow Coin’s ecosystem of applications creates at least 10 revenue streams for BB+B
EverGrow Coin’s roadmap includes at least 10 different revenue streams for BB+B. These go far beyond the 14% transaction tax, to include profits from a content subscription platform (Crator), profits from an NFT marketplace set to drop this April 2022, and profits from a ground-breaking metaverse integration (The Abstract), and many more. (You can see a full list of BB+B mechanisms here.)Shiba Inu currently has a higher market cap, at $13 billion compared to the modest $184 million of EverGrow Coin. Shiba Inu rocketed up from similar levels to EverGrow Coin in just a year, however, and from here on out Shiba Inu arguably has a tougher challenge ahead to reach $1 than 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
EverGrow Coin would need to gain 592,111,216,944.58% to reach $1. According to our EverGrow Coin prediction algorithm, the price of EverGrow Coin will not reach $1. The highest expected price our algorithm estimates is $ 0.0₈7262 by Jan 1, 2049.
Is there any chance Shiba Inu will hit $1? ›
Reaching a price of $1 per SHIB remains a highly improbable scenario due to the sheer amount of value that would need to be injected into the market.
Which coin reached 1 dollar in 2024? ›
The Most Likely Cryptocurrencies to Hit $1 Next
Base Dawgz – The latest multi-chain crypto with Share-to-Earn $DAWGZ airdrop campaign. Sealana – Latest Solana meme coin poised to go viral with its humorous approach. Mega Dice Token – Solana GameFi casino launching its own native token.
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.
Can EverGrow get to 1 cent? ›
TLDR: put 1 cent outta your mind and just see what they can do. The chances of EGC hitting 0.01 are very, very, very small right now. 2030? Possibly.
Will EverGrow Skyrocket? ›
As per our projections, the value of EverGrow Coin will soar to by the conclusion of 2024. Subsequently, it will climb further to by the end of 2025 and by the end of 2026. EGC is then expected to experience a bullish move, reaching in 2027 and in 2028.
Can SHIB reach 2 cents? ›
Achieving 2 cents could provide life-changing income for a significant portion of investors, but this wait could span years or even decades. However, according to the on-chain metrics and price prediction firm Telegaon, SHIB could reach $0.02 in our lifetime.
How much money will I have if Shiba hit one cent? ›
$845 Might Turn $1M If SHIB Hits $0.01
An investment of $845 at the current price of $0.0000845 would get you 100 million SHIB. Therefore, if you hold on to the 100M tokens and SHIB price surges to $0.01, your $845 investment today could turn into $1 million.
What will shiba in 2050 be worth? ›
Shiba Inu's highest trading price in 2050 is expected to be about $0.0084. According to our calculations, Shiba Inu might reach an average price of $0.0077 by 2050. Shiba Inu may also face short downturns, with the minimum price level hanging around $0.0074.
Which crypto can give 1000x in 2024? ›
We have picked Pepe Unchained ($PEPU) as the #1 choice for coins that could soar by 1000x in the long-term. This is because Pepe Unchained offers low transaction fees, high speed, and huge staking rewards.
Zilliqa, with the ticker ZIL, is another cryptocurrency that's seen as a potential candidate to reach the $1 threshold. It's a blockchain platform that stands out for its ability to handle a high volume of transactions quickly, thanks to its use of sharding technology.
Can cronos reach 1 dollar? ›
According to the deep technical analysis on past price data of CRO, In 2029 the price of Cronos is predicted to reach at a minimum level of $1.01. The CRO price can reach a maximum level of $1.21 with the average trading price of $1.05. Every year, cryptocurrency experts prepare forecasts for the price of Cronos.
Will HBAR reach $20? ›
HBAR Price Predictions: Future forecasts suggest significant potential, with projected price ranges from $0.6 to $0.7 in 2024 to $17 to $20 by 2030, highlighting sustained optimism and growth prospects.
Which coin has 1000x potential? ›
Our new list of the next 1000x best crypto coins: EarthMeta – AI-driven Metaverse platform for decentralized governance and digital real estate. CratD2C – Decentralized autonomous smart chain designed to revolutionize commerce by connecting businesses directly with consumers.
Which crypto will reach $10,000? ›
At the beginning of 2030, the ETH price could reclaim its position of $10,000 and probably be above that level, establishing a robust upward trend. ETH might even bypass this all-time high of around $12,000 and set a new record. But, again, after reaching this peak, a crucial pullback might ensue.
What is the potential for EverGrow? ›
Compared to the beginning of 2024, the ROI for EverGrow is +28.01%. It is expected that the price of EverGrow will reach $0. {6}1117 by the end of 2025, with a cumulative ROI of +37.66% by 2025.
How many EverGrow coins will be burned? ›
EverGrow Coin implements a monthly burn of 0.5% of its supply, and this burn is financed through a 2% transaction tax on EGC buy/sell orders, part of a total 14% tax. The 2% is allocated for strategic coin burns using smart contracts, resulting in an impressive 52.9% of the total supply being burnt so far.
What is the all time high of EverGrow coin? ›
EGC Historical Price
| 24h Range | $0.0 78074 – $0.0 78493 |
|---|
| 7d Range | $0.0 77564 – $0.0 78561 |
| All-Time High | $0.0 5337 97.5% Nov 01, 2021 (over 2 years) |
| All-Time Low | $0.0 84056 1966.0% Sep 27, 2021 (almost 3 years) |
According to our Gekko HQ prediction algorithm, the price of Gekko HQ will not reach $0.01. The highest expected price our algorithm estimates is $ 0.000119 by Jan 1, 2049.
