Shiba Inu and EverGrow Coin have rocketed over 20% in price after each were listed on major crypto exchanges and platforms this week. The second-largest meme coin Shiba Inu – aka SHIB – shot up at price by as much as 27% within a few hours. EverGrow Coin likewise has grown 20% in price while paying out thousands of BUSD rewards to investors.
So how did Shiba Inu and EverGrow Coin grow so much in price? At a time when nearly all top 100 crypto tokens are down in the past week, Shiba Inu and EverGrow Coin are incredibly both in the green.
Shiba Inu and EverGrow Coin are two of the top crypto projects this 2022. Both have proved capable of both delighting investors during an overall market downturn, and both have exciting roadmaps to make profits from crypto in 2022.
EverGrow Coin was listed on the DigiFinex cryptocurrency exchange last Monday, which prompted a huge price rally that's still growing strong five days later. DigiFinex is one of the top 10 crypto exchanges by daily trading volume, according to CoinGecko.
EverGrow Coin's daily trading volume has more than doubled since its DigiFinex listing, with $2 million pouring into this top new crypto token every single day. EverGrow Coin's rise since September last year has been founded on fundamentals rather than media hype – which is why so many are rushing into this token now it's in the spotlight.
The beauty of EverGrow Coin is that each and every investor earns passive income from crypto just by holding EGC tokens in their crypto wallet. A 14% transaction tax redistributes 8% instantly – meaning $160,000 in BUSD rewards every single day. To date, the project has paid over $36 million in stablecoin passive income.
A further 3% of the tax is set aside for buyback and burn which helps developers boost EverGrow Coin's price.
With an exciting roadmap planned for 2022 sustaining this level could easily see EverGrow Coin hit its goal of breaking the crypto top 20 this year and becoming the number 1 crypto for passive income.
It might have taken a Change.org petition with 550,000 signatures, but Shiba Inu has finally been listed on Robinhood. Shiba Inu tokens were added to the popular brokerage platform this week alongside Solana (SOL), Polygon (MATIC), and Compound (COMP).
Shiba Inu's price skyrocketed in hours from a low of $0.00002213 to a high of $0.00002801. SHIB tokens are currently trading at $0.00002563 according to CoinMarketCap.
Robinhood later announced on Twitter a giveaway of $100,000-worth of the crypto tokens, gifting $10 to users who retweeted the news. Shiba Inu was one of the best cryptocurrencies for investors last year, as it shot up 46,000,000% at price.
This kind of breakout growth in crypto is rare, but not impossible. This year Shiba Inu aims to hit a $1 valuation – a 3,900,000% growth in price.
Both Shiba Inu and EverGrow Coin are some of the fastest-growing crypto tokens right now. The cryptocurrencies EGC and SHIB have grown over 20% in the past week, at a time when major crypto tokens are all down. This makes these among the top cryptocurrencies to invest in 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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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.