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‘Shiba Inu Moment’ Arrives for Leading Altcoin EverGrow

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by Market Trends November 28, 2022

Do you remember the moment an investor bought $8,000 of Shiba Inu in August of 2020?

No, of course not. But you might know of the mystery Shiba Inu wallet valued at $5.7 billion at the SHIB all-time high of $0.00008. This wallet bought Shiba Inu before anyone knew of it – but by the time SHIB had pumped into the crypto top 20, it was too late for newcomers.

That’s why today there are thousands of users complaining on Reddit of buying SHIB in the bull market last year and currently -80% down on their portfolio.

According to IntoTheBlock, 8 out of 10 Shiba Inu holders are not in profit right now.

There’s something to learn from this. The only way to hope of making a crypto fortune from an investment of $100 to $10,000 is to buy small-cap assets which are yet to become famous. 

Some might fizzle out. Others might make you a millionaire. 

If you want a taste of the latter, here’s why you should check out EverGrow and its current ‘Shiba Inu moment’.

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

 

$38 million paid to EverGrow holders in passive income 

EverGrow is on track to become the number 1 cryptocurrency for passive income.

The EverGrow model has paid $38 million to its holders – despite launching just a year ago, and despite its market cap being just $40 million in November 2022. This is because EverGrow is a reflection token meaning that a percentage of each buy or sell transaction is re-distributed as passive income.

The EverGrow transaction tax is 14%. It’s a large tax to pay, but once you’ve bought in you begin receiving Binance USD (BUSD) into your digital wallet without needing to claim anything. 

The passive income is not fantastic in the bear market. If you buy $1,000 of EverGrow today (at $0.0000001) you would be earning $3 a month. 

But right now daily trading volume is $55,000. In the bull market last year daily trading volume hit $10 million. So if you buy $1,000 of EverGrow right now you could be earning $555 a month in the next bullish crypto market. 

That might be a year or two off – but you can only access this fantastic passive income ROI if you buy at bear market prices today.

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

 

EverGrow burning tokens 5,000x faster than Shiba Inu

Shiba Inu gets a lot of praise and attention for its burn function. 

But there’s three things you should know:

  • Burning tokens cause price spikes due to a sudden reduction in supply
  • Shiba Inu first pumped seriously in price in May 2021 after Vitalik Buterin burned 41.02% of the SHIB supply in a single transaction
  • 18 months later, and the Shiba Inu community have only managed to increase the burn amount to 41.04%

Shiba Inu investors must burn their own tokens to increase the burn rate. There’s no automatic function. That’s why just 610 million Shiba Inu has been burned in November 2022 at the cost of around $5,500. This represents 0.0001% of the Shiba Inu circulating supply.

EverGrow meanwhile has burned 0.5% of its circulating supply in November. EverGrow is burning 5,000x faster than Shiba Inu because it automates a buyback and burn function.

 

Here’s how it works:

  • Of the EverGrow 14% tax, 8% is split as BUSD rewards and 2% is used to buyback and burn EverGrow tokens
  • In the past 12 months this has destroyed 5% of the EverGrow circulating supply
  • The burn rate began exploding on November 9th as EverGrow added a brand-new revenue stream to the burn function

In September, EverGrow launched the world’s first NFT marketplace where 100% of revenue is given back to the community. All commissions and fees are used to buyback and burn EverGrow.

In November, EverGrow deployed an automatic burn of $500 of EverGrow every hour. This has burned almost $200,000 worth of EverGrow so far and created price pumps while the rest of crypto is firmly in the bear market.

The huge burn is expected to create a massive price spike when the crypto market picks up again. 

If you buy EverGrow today you can access low prices before a ‘Shiba Inu moment’ comes and EverGrow breaks into the crypto top 50. Buy today to diversify your crypto portfolio even a little, or you’ll be one of thousands who bought too late only after the project has made a few lucky millionaires.

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

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Market Trends

Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

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by Market Trends November 28, 2022

Mimics-Shiba-Inu-Arrival-in-Crypto-Market

Do you remember the moment an investor bought $8,000 of Shiba Inu in August of 2020?

No, of course not. But you might know of the mystery Shiba Inu wallet valued at $5.7 billion at the SHIB all-time high of $0.00008. This wallet bought Shiba Inu before anyone knew of it – but by the time SHIB had pumped into the crypto top 20, it was too late for newcomers.

That’s why today there are thousands of users complaining on Reddit of buying SHIB in the bull market last year and currently -80% down on their portfolio.

According to IntoTheBlock, 8 out of 10 Shiba Inu holders are not in profit right now.

There’s something to learn from this. The only way to hope of making a crypto fortune from an investment of $100 to $10,000 is to buy small-cap assets which are yet to become famous. 

Some might fizzle out. Others might make you a millionaire. 

If you want a taste of the latter, here’s why you should check out EverGrow and its current ‘Shiba Inu moment’.

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

 

$38 million paid to EverGrow holders in passive income 

EverGrow is on track to become the number 1 cryptocurrency for passive income.

The EverGrow model has paid $38 million to its holders – despite launching just a year ago, and despite its market cap being just $40 million in November 2022. This is because EverGrow is a reflection token meaning that a percentage of each buy or sell transaction is re-distributed as passive income.

The EverGrow transaction tax is 14%. It’s a large tax to pay, but once you’ve bought in you begin receiving Binance USD (BUSD) into your digital wallet without needing to claim anything. 

The passive income is not fantastic in the bear market. If you buy $1,000 of EverGrow today (at $0.0000001) you would be earning $3 a month. 

But right now daily trading volume is $55,000. In the bull market last year daily trading volume hit $10 million. So if you buy $1,000 of EverGrow right now you could be earning $555 a month in the next bullish crypto market. 

That might be a year or two off – but you can only access this fantastic passive income ROI if you buy at bear market prices today.

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

 

EverGrow burning tokens 5,000x faster than Shiba Inu

Shiba Inu gets a lot of praise and attention for its burn function. 

But there’s three things you should know:

  • Burning tokens cause price spikes due to a sudden reduction in supply
  • Shiba Inu first pumped seriously in price in May 2021 after Vitalik Buterin burned 41.02% of the SHIB supply in a single transaction
  • 18 months later, and the Shiba Inu community have only managed to increase the burn amount to 41.04%

Shiba Inu investors must burn their own tokens to increase the burn rate. There’s no automatic function. That’s why just 610 million Shiba Inu has been burned in November 2022 at the cost of around $5,500. This represents 0.0001% of the Shiba Inu circulating supply.

EverGrow meanwhile has burned 0.5% of its circulating supply in November. EverGrow is burning 5,000x faster than Shiba Inu because it automates a buyback and burn function.

 

Here’s how it works:

  • Of the EverGrow 14% tax, 8% is split as BUSD rewards and 2% is used to buyback and burn EverGrow tokens
  • In the past 12 months this has destroyed 5% of the EverGrow circulating supply
  • The burn rate began exploding on November 9th as EverGrow added a brand-new revenue stream to the burn function

In September, EverGrow launched the world’s first NFT marketplace where 100% of revenue is given back to the community. All commissions and fees are used to buyback and burn EverGrow.

In November, EverGrow deployed an automatic burn of $500 of EverGrow every hour. This has burned almost $200,000 worth of EverGrow so far and created price pumps while the rest of crypto is firmly in the bear market.

The huge burn is expected to create a massive price spike when the crypto market picks up again. 

If you buy EverGrow today you can access low prices before a ‘Shiba Inu moment’ comes and EverGrow breaks into the crypto top 50. Buy today to diversify your crypto portfolio even a little, or you’ll be one of thousands who bought too late only after the project has made a few lucky millionaires.

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

Share This Article

Do the sharing thingy

About Author

More info about author

Market Trends

Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

More by Market Trends

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