Shiba Inu burn rate plummets again – Time to try EverGrow?

Shiba Inu just had its lowest month of burn activity since July 2021.

But November 2022 is on track to set a new low for Shiba Inu burning. Just 882 million SHIB was burned in October, and halfway through November just 253 million SHIB has been destroyed so far – according to Shiba Burn Tracker.

What does this all mean for Shiba Inu investors?

At the October SHIB burn rate, Shiba Burn Tracker estimated it would take 50,152 years until Shiba Inu is worth $0.001. If Shiba Inu can't up the burn rate in November it means SHIB investors are looking at a 170,000 year wait for $0.001.

Obviously, that's not something even our greatest great-great grandchildren will see!

Here's why thousands are discovering EverGrow right now.

Read more about EverGrow here: https://evergrowegc.com/ 

EverGrow on track for $1 in eight years – it's only worth $0.00000009

EverGrow is making its name as the leading hyper-deflationary token in crypto. 

EverGrow is only a year old. It has a price of $0.00000009 and a market cap of $50 million today. But at the current burn rate, EverGrow could hit a price of $1 in eight years at the same market cap. 

So what's so special about EverGrow?

EverGrow comes with a hefty transaction tax – 14%. It's a high tax to pay when buying or selling EGC, but 8% of this finances BUSD stablecoin rewards ($38 million paid to date) and 2% of this finances automated token burning (53.3% of total supply burned to date).  

While the tax seems high, EverGrow is trying to incentivise long-term holding rather than the rapid buying and selling which creates nail-biting volatility in the market. 

But the tax alone is just a small part of the full EverGrow roadmap. A major milestone was reached on November 10th – and it's this milestone that increased the daily average burn rate by 300%.

Read more about EverGrow here: https://evergrowegc.com/ 

EverGrow burn rate about to explode – get in quick! 

A 2% portion of the 14% EverGrow tax goes towards ecosystem development. In September, the first EverGrow application dropped – LunaSky NFT marketplace – and the team announced 100% of revenue would be used to buy back and burn EverGrow. 

It's a first in the crypto industry. 

Alongside sales of EverGrow NFTs, this marketplace raised over $250,000 in the first week of activity. The revenue collected was finally deployed for buyback and burn on November 10th and will continue for the next two months. The revenue is expected to create a price spike before even the end of 2022.

Next up on the roadmap is a social media and content subscription app, Crator, which lets users pay for livestreams or access exclusive content using crypto or fiat. Just like with LunaSky all of the revenue from commissions and fees will be used to buyback and burn EverGrow.

What EverGrow is building is a crypto ecosystem where every action contributes to burning EGC tokens, paying out stablecoin passive income or developing top applications.

EverGrow is not just on track to make investors a healthy return, but EverGrow is revolutionising the DeFi industry.

Anyone buying in now at low prices will find a valuable asset to diversify their portfolio.

Read more about EverGrow here: https://evergrowegc.com/