Dogecoin and EverGrow Coin are closer to a breakout in price than investors think.
The volatility of top cryptocurrencies like Dogecoin makes it easy for investors to get lost in the day-to-day. Dogecoin currently has a price of $0.1345 and looking at crypto price analysis this is a 3.7% loss in the past 24 hours.
But as EverGrow Coin chairman Sam Kelly explained in this popular Tweet the constant questioning of 'wen Lambo' or similar is why 99% of crypto projects fail, and crypto investors lose out.
EverGrow Coin investors got a taste of what's in store for 2022 when in April the EGC price shot up 61% in a matter of days.
What was behind the EverGrow Coin price breakout in April? A new listing on the DigiFinex exchange. Arguably a small part of the EverGrow Coin roadmap, this listing nevertheless saw millions of dollars pour into EGC as crypto investors found it simpler than buying up EverGrow Coin on PancakeSwap.
But the best is still to come. EverGrow Coin teased the rollout of its new NFT marketplace – LunaSky – this week. The platform has been tipped as a top mechanism for making passive income from NFTs as it will soon allow crypto lending with NFTs as collateral.
Shortly after this EverGrow Coin will launch the world's first crypto-native content subscription platform (Crator) and then again before the end of 2022 integrate into The Abstract metaverse. The Abstract has been tipped as a game-changing metaverse as it offers cloud-stream virtual reality gaming experiences.
Dogecoin could also be nearing a price breakout in the wake of Elon Musk's successful $44 billion bid to take Twitter private.
Elon Musk has been vocal about his support for Dogecoin, letting users buy up Tesla merchandise online with DOGE and even charge their cars at select supercharging stations. So what could be next for Dogecoin in 2022?
Elon Musk has spread rumours that DOGE could become integrated into Twitter as a means of paying tips. Dogecoin already jumped 30% in price following the positive news announcements and jumped from 14th to 11th place in the crypto rankings on CoinMarketCap.
Could Dogecoin get back to the all-time high price of $0.7376? Anything is possible this 2022.
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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