Shiba Inu Price Grows 2% While EverGrow Coin Sees 19% Rise

Shiba Inu Price Grows 2% While EverGrow Coin Sees 19% Rise

The sudden rise in price for EverGrow Coin is linked to the launch of the LunaSky marketplace for NFTs

The price of Shiba Inu has grown 2.3% in the past 24 hours following huge rallies in the crypto industry. The growth is dwarfed by crypto newcomer EverGrow Coin which has seen a 19% rise in price since yesterday. 

Nearly all major cryptocurrencies are showing green price increases in the past day after a huge crypto rally has added $100 billion to the market. The crypto industry's market cap is currently valued at $1.86 trillion. 

EverGrow Coin sees a huge price increase 

EverGrow Coin is currently trading at ​​$0.0000006196. This is the highest price for EverGrow Coin since mid-February and very close to the Evergrow Coin price at the beginning of 2022.

The massive 19% increase in price is well above the Shiba Inu price increase of 2.3%. However, as a crypto newcomer, this is to be expected for EverGrow Coin. The token earlier in April listed on its largest crypto exchange to date – DigiFinex – and has since enjoyed its highest trading volume all year.

The DigiFinex price for EverGrow Coin is currently $0.000000632 thanks to huge demand. 

The sudden rise in price for EverGrow Coin is also linked to yesterday's launch of the LunaSky marketplace for NFTs. The marketplace has been highly anticipated as it is housed on the Binance Smart Chain, which is cheaper and faster than Ethereum-based NFT marketplaces, and will also allow crypto lending with NFTs as collateral.

Price for Shiba Inu

The Shiba Inu price is up 2% in the last 24 hours, to reach a price of $0.00002417 according to CoinMarketCap. Earlier in the day, Shiba Inu was trading at $0.00002516 following news that Twitter approved the bid by Elon Musk to buy it for $44 billion.

The Shiba Inu price is now down 3.6% in the last seven days. Year-to-date figures indicate the price of Shiba Inu is down 29%. 

Shiba Inu is currently growing faster in price than Polkadot (DOT), XRP, and Polygon (MATIC). 

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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.

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