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What's happening with altcoin cryptocurrency prices today?https://decimalchain.com/
The wider cryptocurrency market grew by $60 billion dollars before falling slightly to a current $1.27 trillion market cap. Bitcoin has taken on much of the growth in volume following high volatility in the wake of the Terra Luna collapse.
The most popular meme-coins Shiba Inu and Dogecoin are falling in price today, while the top reflection token EverGrow Coin has stabilised after a massive 40% pump yesterday.
EverGrow Coin rallied incredibly from a price of $0.000000255 to hit $0.000000358 within a few hours yesterday.
The high prices erased EverGrow Coin's losses in the recent crypto market crash. EverGrow Coin attracted a lot of investor attention thanks to its passive income payments in Binance USD and its integrated coin burning tax.
BUSD emerged as the most secure stablecoin in the crypto top 20 after TerraUSD collapsed. EverGrow Coin rewards investors with an 8% reflection every 6 hours from all EGC buy/sell orders. To date, the total BUSD rewards have hit over $37 million.
Meanwhile, a further 2% of all EGC transactions is set aside for strategic buyback & burn. The mechanism to date has seen 53% of the EverGrow Coin supply removed from circulation – a feat which has been suggested to inform a Luna recovery from its massive 99.99% crash.
Today EverGrow Coin is trading at $0.000000271.
The TRON cryptocurrency TRX has flipped Shiba Inu this week. Shiba Inu is currently in 16th place in the crypto market cap rankings with a total valuation of $6.4 billion.
The Shiba Inu price is currently $0.00001161 and is 1.35% down from yesterday. In the past week, Shiba Inu has fallen 6% in price in the wake of the crypto crash.
Shiba Inu has not seen such low prices since October last year when it began an incredible rally from $0.0000095 to $0.00008 in the space of a week. That's a 742% price increase – which would have turned a $1,000 investment into $8,420.
The low Shiba Inu price right now is a good time to invest for anyone who's been waiting to buy the dip.
The record Shiba Inu burn rate currently also suggests a price breakout is likely at the return of a bull market.
The Dogecoin price has fallen 1% in the past day and over 6% in the past week.
However, after Terra Luna collapsed and fell out of the crypto top 10 it's Dogecoin that has taken its spot. DOGE has stayed as the 10th biggest crypto by market cap – ahead of Polkadot and behind Solana – despite the crypto crash. Dogecoin is currently trading at a price of $0.08303. This is down from a price of $0.13 at the beginning of May.
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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.
