ATLANTA, December 12, 2021 / PRNewswire / – Shiba Inu is the latest meme crypto to go viral, and despite being nearly 60% below its all-time high, the market cap is still staggering. $ 20 billion, making it the 12th largest crypto in the world by valuation. TO $ 100 investment in launch would be worth it $ 2 million today!
To be sure, many are kicking themselves for missing out on such winnings, but the reality is that a bet on Shiba Inu was a pure bet. Shiba’s career was a combination of very clever marketing and a lot of hype, leading to crowds of investors, with FOMO (fear of missing something) to pile up in the meme currency. Even the name itself, which was a tribute to Elon musk backed by Dogecoin, it was part of the design.
In reality, Shiba Inu does not offer any tangible utility or value, with seemingly little effort to do so in the future. Being on the Ethereum blockchain, there would have been a lot of development opportunities if the team behind Shiba Inu had been motivated to do so.
However, there are several cryptocurrencies that are working to rise above the pack and support their popularity with real utility and fundamental value. Just 10 weeks ago, EverGrow Coin ($ EGC) was launched by a team of experienced finance, blockchain and marketing experts. An innovative element of his project is the fact that the token pays a stablecoin to the holders. In the short time since launch, EverGrow Coin holders have received more $ 30 million Binance Pegged USD Rewards – A regulated stablecoin pegged 1 to 1 to the USD. The project currently has 110,000 holders according to BSCScan.
With its revolutionary contract, EverGrow Coin quickly grew to exceed Billion dollars in market capitalization, but then a major data glitch on CoinMarketCap, just weeks after launch, caused massive panic among investors. With such a new project, trust can take time to build, and this panic was exploited by a series of articles, rumored to have been paid for by project rivals, using the wrong data to try to steer EverGrow investors away from the project. draft. . Over the next month, bugs remained uncorrected and EverGrow sank below $ 300 million in valuation.
Yesterday, CoinMarket Cap placed an alert on EverGrow’s page, confirming that the data bug had been fixed. The price has now stabilized, and signs of a recovery in confidence saw a 22% rise from recent lows. However, EverGrow still remains well below the highs reached before this bug.
EverGrow is very different from Shiba Inu. In addition to the obvious benefits of USD rewards, the team behind the project has already launched a SWAP dApp on their website, recently revealed the upcoming launch of a Crypto Wallet, which promises to outperform the features offered by Trust Wallet or Safemoon Wallet. , and has a full suite of utilities, from content creation platform to NFT Market Place & Lending, designed to deliver ongoing value to investors.
Is EverGrow Coin the Next Shiba Inu?
With Shiba Inu, it offers little to no utility, valued at around 66 times that of EverGrow Coin, there is a clear argument in favor of an innovative and innovative project like EverGrow to see some significant advantages from its current low market capitalization. If the team continues to impress the crypto community with its innovation and transparency and can shed the fear that is spreading among investors about CoinMarketCap mistakes, it is highly likely that EverGrow Coin will be one of the top cryptocurrencies to invest in by 2022.
Company: EverGrow Coin
Email: [email protected]
SOURCE EverGrow Coin