Burning Shiba Inu is one of the top methods to raise the price of SHIB long-term.

So the Shiba Inu mantra goes, slashing down the SHIB supply should lead to a major price pump. It happened in May 2021 when Vitalik Buterin burned 41% of the Shiba Inu supply inu – and the SHIB price pumped 50,000%.

It was enough to turn $100 into $50,000 in two weeks.

But is Shiba Inu doing enough to burn tokens? Will Shiba Inu be overtaken by new altcoins like EverGrow, which burned 4,085x more of tokens in November?

Shiba Inu at $1 is at least 1,400 years away

Shiba Burn Tracker has this statistic: if Shiba Inu cannot raise its burn rate, it will take 66,893 years to burn through 90% of the Shiba Inu supply chain.

This kind of supply reduction is necessary for Shiba Inu to hit $1. At present there are 590 trillion SHIB tokens in circulation – so the market cap needs to be $590 trillion for SHIB to be worth a dollar.

That's impossible. The crypto market at its peak was worth $3 trillion in its entirety.

Sure, Shiba Inu hasn't always had such a bad month. But even when it burned 31 billion tokens – i.e. 47x more than in November – Shiba Inu was still on track to reduce 90% of the supply in 1,425 years. 

Unless you're jumping in a cryogenic freezer, you probably can't wait that long.

Price pump incoming! – EverGrow burns 4,085x MORE tokens than Shiba Inu

EverGrow and Shiba Inu both launched with 1,000 trillion tokens (1,000,000,000,000,000).

So it's quick to compare:

• EverGrow burn in November: 2.7 trillion
• Shiba Inu burn in November: 661 million

EverGrow burned 4,085x more tokens than Shiba Inu in November. But that's not all! Because both Shiba Inu and EverGrow have burn addresses with a hefty amount of supply already sent. In fact, the EverGrow burn address carries 54% of the original supply while the Shiba Inu burn address carries 41% of the original supply.

It means EverGrow burned a lot more circulating supply than Shiba Inu – almost 1% of the EverGrow circulating supply!

Shiba Inu burned just 0.00011% of its circulating supply.

You can read more about EverGrow here: https://evergrowegc.com/

EverGrow pours gasoline on the burn in 2023 – get in quick!

How does EverGrow burn tokens?

It all starts with a 14% transaction tax, which is split as follows:

• 8% converted into BUSD and distributed among all wallets
• 2% to burn tokens
• 2% for ecosystem development 
• 2% to fund liquidity 

At its core, EverGrow is a passive income token. Holders have earned $38 million in BUSD passive income in the past year. But next year EverGrow is throwing its weight behind the incredible burn rate.

In September, EverGrow launched an NFT marketplace called LunaSky. It announced that 100% of revenue would be used to burn EverGrow. The burn started in November with $12,500 used to burn EverGrow each day.

In comparison, the 661 million Shiba Inu burned in November is worth just $6,000!

The EverGrow burn is going to ramp up in 2023 as EverGrow drops a content subscription app (think OnlyFans, just paid in crypto) as well as a wallet and token swaps. Each are going to send revenue to burn EverGrow – and the prices are going to explode!

Buy EverGrow using BNB or BUSD via the EverGrow website today, or you're going to see it shoot up the price charts and be sorry you missed it!

Buy EverGrow now: https://evergrowegc.com/