Missed chance to become Shiba Inu millionaire? This could be the Next SHIB (2024)

EverGrow Coin is heading for a Shiba Inu style breakout in the coming week, this could be the next SHIB

In April last year, the Shiba Inu market cap barely registered anything – but in April 2022 there are well over 1,000 Shiba Inu wallets valued at over $1 million. If you think you missed the chance to become one of many Shiba Inu millionaires over the past year, here’s why you should check out EverGrow Coin.EverGrow Coin has an ambitious roadmap that analysts have suggested will very soon see it break the crypto top 100. The 24hr trading volume today is up 173% according to CoinMarketCap as crypto investors learn more about EverGrow Coin.Here’s why EverGrow Coin could quickly become the next top crypto investment in 2022.

EverGrow Coin

EverGrow Coin is heading for a Shiba Inu-style breakout in the coming weeks for two main reasons: new application drops, and a strong existing utility base. We’ll look at each of these below.EverGrow Coin is designed to be the fuel for an ecosystem of applications that are user-friendly and bring the benefits of crypto to a wider audience. For example, EverGrow Coin is about to launch an NFT marketplace on the Binance Smart Chain that allows crypto lending with NFT assets as collateral – a first in the crypto space.Next up on the EverGrow Coin roadmap is a content subscription platform called Crator. The platform will facilitate crypto and fiat payments for subscriptions, tips, and paid-for Livestream content directly to content creators. Users can benefit from instant transactions as well as reduced fees and a low commission of 5% – compared to 20% on the likes of OnlyFans and 9-12% on Patreon.These two applications will feed into EverGrow Coin’s fundamental tokenomics of BUSD rewards and buyback & burn. The EverGrow Coin model charges a 14% transaction tax on buy/sell orders, with 8% distributed immediately as BUSD stablecoin reflections and 2% used to buy back $EGC tokens and burn them permanently from the supply.Profits from the EverGrow Coin ecosystem of applications will be used to further buy back & burn $EGC tokens, reducing overall supply and inflating the coin price.

How Shiba Inu made thousands of millionaires

Shiba Inu’s rapid rise in coin price in April and May last year was largely triggered by a massive coin burn. Ethereum co-founder Vitalik Buterin famously sent 41% of the total Shiba Inu coin supply to a burn address. This rapidly inflated Shiba Inu’s coin price and sent the market cap to nearly $14 billion within days.A surge of interest in October last year later took Shiba Inu to a market cap of over $40 billion, as the Shiba Inu coin price hit an all-time high of $0.00008845. Shiba Inu has since fallen over 70% in price and is currently trading at $0.00002426.Nevertheless, Shiba Inu made thousands of new millionaires – according to Shiba Inu price analysis, an investment of just $2 at the beginning of last year would have made you a millionaire by the beginning of 2022.Every new cryptocurrency wants to be the next Shiba Inu. Few will actually make it. If you are hedging your investments to have a chance of becoming a crypto millionaire in 2022 then make sure to read up on EverGrow Coin.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.