Analytics Insight
Elon Musk’s New Twitter Aims to Optimize User Minutes
NVIDIA to Share Firm’s New Innovations at CES Trade Show 2023
Understanding Power BI
Advice for Gamblers: How to Gamble Efficiently and Safely
The 10 Most Impactful Chief AI Officers of the Year 2022
The 10 Most Promising AI Solution Providers of 2022
The 10 Most Inspiring Tech Leaders to Watch in 2022
The Top 10 Most Influential CEOs to Watch in 2022
No products in the cart.
Imagine you buy $10 of Shiba Inu today, and the SHIB price pumps to $1 in 2023.
You’d be sitting on $1.25 million. Seem like a crazy return on investment? Well, a handful of crypto traders became millionaires after investing just $2.50 in Shiba Inu at the beginning of January 2021.
But here’s the big question.
Can Shiba Inu reach $1 in 2023?
The truth is, it’s impossible. Let’s look at two reasons why crypto experts suggest you should invest in up-and-coming altcoins like EverGrow if you seriously want to make the kind of money we just looked at.
Shiba Inu was worth $0.000000000168 on January 1st, 2021. But by October that year Shiba Inu was worth $0.00008.
SHIB’s 48,000,000% price pump meant just $2.50 would’ve made you a millionaire within 10 months.
But here’s the thing: Shiba Inu can’t possibly give the same returns again.
Why? It’s to do with the market cap. Back in January 2021 the Shiba Inu market cap was under $100,000. By October it grew to $44 billion. Today the Shiba Inu market cap is $4.4 billion.
Here’s what the Shiba Inu market cap needs to be at the following prices:
The entire crypto industry is currently worth $800 billion. Crypto analysts predict it will grow to $4.5 trillion by 2030. So immediately any trader can see that prices of $0.01 and above are impossible for Shiba Inu.
Not so with EverGrow.
The EverGrow market cap is currently $35 million. So EverGrow could grow 8,500% and not even break into the crypto top 20. That kind of return would turn a $1,200 investment today into over $100,000.
Can EverGrow do it? Many crypto analysts think so.
See why below.
(Or go ahead and buy EverGrow using BNB or BUSD here: https://evergrowegc.com/)
Have you read about how burning Shiba Inu can lead to insane price pumps?
Then here’s what you need to know.
Vitalik Buterin burned 41% of the Shiba Inu supply just over 18 months ago – within two weeks the price of SHIB pumped 50,000%. In dollar terms this would have turned $100 into $50,000 before your next paycheck!
There’s just one problem.
Shiba Inu has not managed to do the same again. The Shiba Burn Tracker says at the very best Shiba Inu is on track to burn through another 40 trillion tokens in 1,425 years. By that time, we probably won’t be around to check our ROI.
With EverGrow, you’re looking to replicate Shiba Inu’s success by the next bull market.
EverGrow burned through 6,000x more of its own circulating supply than Shiba Inu in November – 2.7 trillion tokens worth over $200,000. Meanwhile, Shiba Inu burned 661 million tokens worth around $6,000. Obviously something good is going on because EverGrow prices pumped over 43% in November and left Shiba Inu in the dust!
Here’s how EverGrow did it.
In September, EverGrow launched an NFT marketplace named LunaSky. But there’s a twist. EverGrow became the first project in crypto to use 100% of app revenue to burn its own token supply. The burn started in November – over $12,500 used to burn EverGrow each day!
Meanwhile, Shiba Inu launched the Shiba Eternity mobile game and announced just 5% would be used to burn SHIB. Throughout the whole month of November, only $6,000 of SHIB was burned.
Remember: the SHIB market cap is over $4 billion, and EverGrow’s just $35 million.
The effect is such that EverGrow could burn up to 20% of its supply in the next year. While Shiba Inu isn’t predicted to burn even 0.01% according to the latest analytics.
If you’re not convinced yet, just head over to the EverGrow website to learn more: https://evergrowegc.com/
Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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.
Subscribe to our weekly newsletter. Get the latest news about architecture, design, city, and inspiration.
Analytics Insight® is an influential platform dedicated to insights, trends, and opinion 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.
Author
Administraroot
Related Posts
