Lost money on Shiba Inu? There’s a new way to invest

If you're holding Shiba Inu, there's a 2 out of 3 chance you're not making money right now.

That's because Shiba Inu is the major cryptocurrency with the highest percentage of holders losing money. Some 63% of holders are in the red, and 5% are breaking even. Shiba Inu compares to tokens like Bitcoin, with over half of holders in profit, and Dogecoin with two-thirds of holders making money.

Over half of Shiba Inu holders bought their first SHIB in the past 12 months. Shiba Inu has fallen -85% in price in that time.

If you've lost any money on Shiba Inu – don't worry! You're not alone.

How do you make money on Shiba Inu?

The people making most money on Shiba Inu are whales. One famous whale bought 6 trillion Shiba Inu a month before last year's all-time high, and rapidly sold it all for a $35 million profit.

Whale buys and sells are the biggest cause of Shiba Inu price movements. To make money you'll need to be able to read markets, accurately predict the bottom price, and sell before price rallies become overbought and the whales sell SHIB for profit.

The problem? Most people buy into Shiba Inu when SHIB prices are rising, and then quickly find themselves in the red.

A new way to profit off the bear market

A new crypto ecosystem is here to help investors make a little more off whale sells.

This token is EverGrow. It comes with a 14% transaction tax, and is leading a DeFi revolution in reflection tokenomics. Since 8% of that tax is redistributed to all holders in Binance USD it means at least 8% of all big sells trickle down to the community.

As a further 2% is used to burn EverGrow, any price movements mean more revenue to destroy the EGC supply.

A further 2% is used to build the EverGrow ecosystem. The first fruits came with the LunaSky NFT marketplace which sends 100% of commissions and fees to burn EverGrow tokens. Next up is a social media app integrated with crypto payments for subscriptions, to help the community create passive income streams and burn even more EverGrow.

Read more about EverGrow: https://evergrowegc.com/

How much are BUSD rewards from EverGrow?

BUSD rewards depend on two factors: trading volume, and the size of your position.

According to a calculator on the EverGrow website, a $1,000 investment in EverGrow today would only yield $1.19 a month. But the EverGrow trading volume has also fallen alongside all other currencies in the crypto market.

If trading recovered to levels seen during November last year, your $1,000 investment would be generating $550 a month. Only early investors will be able to access such high rewards as prices are suppressed by the bear market.

EverGrow is also a young cryptocurrency with a brand-new way of investing. If your investment plan is longer than two-to-three years, EverGrow could be a valuable part of your portfolio. The price is $0.0000001 currently, 140 times smaller than Shiba.

Read more about EverGrow: https://evergrowegc.com/