New ecosystem to beat Shiba Inu, Dogecoin growth this 2022

Have you thought about buying up Shiba Inu or Dogecoin?

The two meme-coins have made investors a lot of money. But the HODL mentality hasn't proved very lucrative since the bull market of last November. Shiba Inu has fallen 87% from the all-time high. Dogecoin has fallen 92% from the all-time high it reached in May last year.

Surely the market has hit the bottom by now, you might be thinking?

That's what people thought back in May after the Terra collapse saw $700 million leave the crypto market.

 Then came warnings of recession and skyrocketing inflation, which lost another $400 million from the market. Leading economies are still struggling to grow amid ongoing war in eastern Europe, rising interest rates, and the higher cost of living.

The next bull market could be a way off – and this is the precise question that smart investors are asking themselves right now. 

If you're OK to be locked into an investment for the next 12 to 36 months, and you can weather a 20% or 30% drop in your portfolio, then Shiba Inu or Dogecoin could be a great choice.

But what if you need quicker returns? And what if really what you're after is investing in a token like Shiba Inu or Dogecoin before they blow up?

Glad you asked. 

Here's why EverGrow and its new ecosystem could beat Shiba Inu and Dogecoin growth this 2022.

EverGrow – $38 million in passive income 

Google trends data is unequivocal. The volume of people searching 'passive income' has reached heights never before seen. The reasons are obvious: rising cost of living, and rising inflation.

Passive income is seen as a way out. A means to make $1,000 or $10,000 or $100,000 work harder for you.

Here's where EverGrow comes in. It's the world's leading stablecoin rewards token – which means you earn Binance USD (BUSD). BUSD can quickly be withdrawn or reinvested via the Binance crypto exchange, the world's largest.

To start earning BUSD, you have to buy EverGrow. You pay a 14% tax any time you buy or sell so it's designed to be a long-term investment. As a reward, 8% of all funding gathered from the tax is split between all EverGrow holders.

Since launching 12 months ago, EverGrow has paid $38 million BUSD to its holders.

For a project with a market cap of just $72 million right now this is not only astounding but also ground-breaking for a crypto project to redistribute so much of its trading volume back to holders.

Could you do with a source of BUSD coming into your crypto wallet every day? 

Check out the SleekFinance EverGrow calculator and play around with the rewards. (Note: in November last year the average trading volume was $10 million per day.)

An ecosystem that gives back to holders

While you earn BUSD, EverGrow works to make your underlying investment even more valuable.

This is partly because 2% of the 14% EverGrow transaction tax is set aside for buyback & burn (buying up $EGC tokens from PancakeSwap and sending them to a burn wallet). Inside 12 months this tax alone has sent 53% of initial supply to the burn wallet – this is 12% more supply than held in the Shiba Inu burn wallets. 

All these coin burns mean a reduced supply, and hence prices rising faster.

But the burn rate is about the grow exponentially with EverGrow with the launch of a new ecosystem token – Lucro – and the first of three applications – LunaSky. Lucro is the high-volume token of the EverGrow ecosystem which sends 0.8% of all trades to buyback & burn. LunaSky is an NFT marketplace from which 100% of revenue is sent to buyback and burn.

Alongside the sales of in-house EverGrow NFTs, all the above utilities have raised $217,000 to buyback and burn EverGrow in the past week.

Meanwhile, Shiba Inu has only burned $2,670 worths of SHIB in the past week.

With a small market cap in both EverGrow and Lucro, both tokens and the EverGrow ecosystem as a whole are destined for huge growth before the end of the year. With the launch of a crypto-native content subscription platform, and a VR gaming metaverse arcade to launch in Q4, there's a lot of opportunity for EverGrow to explode in price.

If you're looking to invest today, diversifying into EverGrow could help to balance out any losses from Shiba Inu or Dogecoin – or take your portfolio well into the green.

FIND OUT MORE

EverGrow website: https://evergrowegc.com/

Lucro token website: https://lucrotoken.com/

EverGrow Twitter: https://twitter.com/evergrowcoinEGC

Lucro Twitter: https://twitter.com/lucrotoken

EverGrow price: https://poocoin.app/tokens/0xc001bbe2b87079294c63ece98bdd0a88d761434e

Lucro price: https://poocoin.app/tokens/0x988f7c894e4001eeb7b570cde80dffe21cf7b6b9