Shiba Inu and EverGrow Coin Push for Massive Crypto Adoption

Every cryptocurrency wants widespread adoption – but few have the roadmaps of Shiba Inu and Evergrow Coin

Shiba Inu became a household name in the crypto space last year as it rocketed from nowhere into the crypto top 20. Shiba Inu has a current price of $0.00002136 and a market cap of $11.8 billion. 

EverGrow Coin launched in September last year and builds much of Shiba Inu's successes into its core utilities. Where Shiba Inu wins investors through popularity. EverGrow Coin relies on top investment professionals steering it to become the number 1 crypto for passive income generation.

EverGrow Coin has paid $36 million stablecoins to investors 

Stablecoins in crypto is digital assets that are pegged 1-to-1 to Fiat currencies such as the US dollar. EverGrow Coin pays its investors in the Binance USD stablecoin (BUSD).  according to the EverGrow Coin dashboard it has paid $36.5 million dollars to investors since launching in September last year.

 Most of the EverGrow Coin roadmap lies ahead of this ambitious project. Before the end of Q2 in 2022 EverGrow Coin is expected to drop at least three of its most exciting applications.  These include an NFT Marketplace (LunaSky), a content subscription platform (Crator), and a metaverse integration (The Abstract).

Each of these applications is designed to generate profits which are pumped directly back into even more stablecoin rewards or coin burns to inflate the EverGrow Coin price.

At the heart of this roadmap is the EverGrow Coin transaction tax. A 14% tax is charged on every buy or sell order of EverGrow Coin with 8% distributed instantly in stablecoin rewards and 2% set aside for monthly strategic coin burns. To date, 52% of the EverGrow Coin's total supply has been permanently removed from circulation.

Shiba Inu sees massive merchant adoption

The price of Shiba Inu is currently $0.00002136 and is up 2% in price over the last 24 hours.

As a decentralized cryptocurrency, Shiba Inu lacks an orchestrated roadmap similar to EverGrow Coin. However, Shiba Inu has a massive fanbase and is increasingly seen adopted as a payment system for high-value goods and services.

This week, Camper & Nicholsons International – one of the oldest yachting companies in the world – began accepting Shiba Inu payments via the cryptoprocessor BitPay.

Paolo Casani, CEO of Camper & Nicholsons, said: "We decided to accept crypto to expand our market, cater to new consumer preferences, and give customers more options, flexibility, and freedom."

Gucci will also begin accepting Shiba Inu (alongside other cryptocurrencies) at select locations in North America soon. This follows from last May when Gucci created its first NFT which sold for $25,000 at a Christie's auction.

As well as merchant adoption, numerous Shiba Inu projects have been launched all with the common goal of inflating the Shiba Inu price. These include the ShibaSwap coin burning portal which incentivises destroying Shiba Inu tokens, projects like the Shiba Inu Coffee Company which burns SHIB with a portion of its profits, and the SHIB: The Metaverse project which this week began allowing Shiba Inu as payment for land sales.