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April 25, 2022
2 mins read
EverGrow Coin is heading for a Shiba Inu style breakout in the coming week, this could be the next SHIB
In April last year, the Shiba Inu market cap barely registered anything – but in April 2022 there are well over 1,000 Shiba Inu wallets valued at over $1 million. If you think you missed the chance to become one of many Shiba Inu millionaires over the past year, here’s why you should check out EverGrow Coin.EverGrow Coin has an ambitious roadmap that analysts have suggested will very soon see it break the crypto top 100. The 24hr trading volume today is up 173% according to CoinMarketCap as crypto investors learn more about EverGrow Coin.Here’s why EverGrow Coin could quickly become the next top crypto investment in 2022.
EverGrow Coin
EverGrow Coin is heading for a Shiba Inu-style breakout in the coming weeks for two main reasons: new application drops, and a strong existing utility base. We’ll look at each of these below.EverGrow Coin is designed to be the fuel for an ecosystem of applications that are user-friendly and bring the benefits of crypto to a wider audience. For example, EverGrow Coin is about to launch an NFT marketplace on the Binance Smart Chain that allows crypto lending with NFT assets as collateral – a first in the crypto space.Next up on the EverGrow Coin roadmap is a content subscription platform called Crator. The platform will facilitate crypto and fiat payments for subscriptions, tips, and paid-for Livestream content directly to content creators. Users can benefit from instant transactions as well as reduced fees and a low commission of 5% – compared to 20% on the likes of OnlyFans and 9-12% on Patreon.These two applications will feed into EverGrow Coin’s fundamental tokenomics of BUSD rewards and buyback & burn. The EverGrow Coin model charges a 14% transaction tax on buy/sell orders, with 8% distributed immediately as BUSD stablecoin reflections and 2% used to buy back $EGC tokens and burn them permanently from the supply.Profits from the EverGrow Coin ecosystem of applications will be used to further buy back & burn $EGC tokens, reducing overall supply and inflating the coin price.
How Shiba Inu made thousands of millionaires
Shiba Inu’s rapid rise in coin price in April and May last year was largely triggered by a massive coin burn. Ethereum co-founder Vitalik Buterin famously sent 41% of the total Shiba Inu coin supply to a burn address. This rapidly inflated Shiba Inu’s coin price and sent the market cap to nearly $14 billion within days.A surge of interest in October last year later took Shiba Inu to a market cap of over $40 billion, as the Shiba Inu coin price hit an all-time high of $0.00008845. Shiba Inu has since fallen over 70% in price and is currently trading at $0.00002426.Nevertheless, Shiba Inu made thousands of new millionaires – according to Shiba Inu price analysis, an investment of just $2 at the beginning of last year would have made you a millionaire by the beginning of 2022.Every new cryptocurrency wants to be the next Shiba Inu. Few will actually make it. If you are hedging your investments to have a chance of becoming a crypto millionaire in 2022 then make sure to read up on EverGrow Coin.Disclaimer: The information posted in the article is for educational purposes only. By using this, you agree that the information does not constitute any investment or financial advice. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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FAQs
So yes, Shiba Inu once had millionaire-making potential. However, Shiba Inu is much better known these days, which could limit the future upside in the price. Shiba Inu's market cap is currently about $14 billion, down from $39 billion at its peak in 2021.
How many Shiba Inu tokens do you need to become a millionaire? ›
If SHIB claims a $0.0001 price, an investor must hold 10,000,000,000 (10 billion) tokens to sit on a $1 million investment. These 10 billion tokens are worth $102,600 at current prices.
What would Shiba Inu coin be if you invested $1,000? ›
If you had invested $1000 in Shiba Inu (SHIB) in August 2020 and held on to the tokens throughout the last three-and-a-half years, you would be sitting on $11 million in profits. The rise in the portfolio's value translates to a growth of 1,119,587% (1.11 million percent).
How to make a million on Shiba Inu? ›
Therefore, to own 1 billion SHIB tokens while it's trading at $0.000032 today would cost you $32,450. This much money could get you to accumulate 1 billion Shiba Inu tokens today. If SHIB spikes 3,100% from here and reaches $0.001, then the $32,450 invested today could turn into $1 million.
Can SHIB coin make you rich? ›
While SHIB has indeed made some investors millionaires in the past, the cryptocurrency market is highly speculative and volatile. As such, past performance does not guarantee future results. Therefore, it is crucial to approach cryptocurrency investment with caution and a balanced perspective.
Will Shiba Skyrocket? ›
Even though Shiba Inu isn't likely to soar 34,000-fold over the next six or so years to reach $0.01, it doesn't mean some investors aren't still interested in owning it.
What will $10 million Shiba Inu be worth? ›
If SHIB reaches $0.10, you will need 10,000,000 tokens (10 million) to have one million dollars worth. The price of 10 million tokens right now is about $90.7. Turning less than $100 into $1 million will be among the most profitable trades ever.
How much would I make if Shiba hits 1 cent? ›
$845 Might Turn $1M If SHIB Hits $0.01
Therefore, if you hold on to the 100M tokens and SHIB price surges to $0.01, your $845 investment today could turn into $1 million. It is important to note that the crypto market is highly volatile, and there is no guarantee that SHIB will ever reach $0.001 or $0.01.
What is the highest price Shiba reached? ›
Shiba Inu was launched as an ERC-20 token in August 2020. In October 2021, SHIB reached its all-time high (ATH) of $0.00008845. Our 2025 Shiba forecast estimates a price of $0.00005456.
What will Shiba In 2050 be worth? ›
Shiba Inu coin price prediction for 2050 based on Bitcoin's 3 CAGR since 2021. If we base our prediction on Bitcoin's historical yearly return instead, the price of SHIB could increase by 10,984% to $0.00380735 by 2050. In that case, a $1,000 investment would turn into $110,839 in 27 years.
The price of 2000000 Shiba Inu in the US is 42.47 USD. Additionally, Shiba Inu's price for 2000000 SHIB is 45.22 EUR in the eurozone, 52.88 GBP in the UK, 30.84 CAD in Canada, 27.47 AUD in Australia, 0.508508 INR in India, 0.030783 KRW in South Korea, and 46.47 CHF in Switzerland.
Will Shiba Inu coin reach 50 cents? ›
According to the estimates, SHIB could climb above $0.01 and go further in price sometime between 2030 to 2040. After achieving the 1-Cent dream, the prediction states that Shiba Inu might hit 50 Cents in 2050. That's close to three decades from today and nearly 27 years down the line.
How much is 1000000000 Shiba Inu worth? ›
Latest SHIB to USD Converter Rate
The current price of 1000000000 Shiba Inu in US Dollar is 27,661 USD. The price is calculated based on rates on 19 exchanges and is continuously updated every few seconds.
How do you become a SHIB millionaire? ›
According to Changelly, Shiba Inu (SHIB) could hit a maximum price of $0.0002319768 in 2030. The price rise would translate to a growth of over 2330% from current levels. To have one million dollars worth of SHIB at $0.0002319768 per token, you will need a total of about 4312203536.01 (4.31 billion) tokens.
How much is 1000000 shares of Shiba Inu worth? ›
The price of 1000000 Shiba Inu in the US is 22.21 USD. Additionally, Shiba Inu's price for 1000000 SHIB is 23.62 EUR in the eurozone, 27.67 GBP in the UK, 16.14 CAD in Canada, 14.34 AUD in Australia, 0.265947 INR in India, 0.015985 KRW in South Korea, and 24.31 CHF in Switzerland.
How much money could you have made with Shiba Inu? ›
Shiba Inu (SHIB) is full of rags-to-riches stories. Many early investors made millions in profits by investing as little as $1500 in SHIB. The sudden rise in wealth of these investors caught the eye of the crypto community.
How much will I have if Shiba hits 1 cent? ›
Similarly, with an investment of $845, you could make $1 million if SHIB reaches $0.01. An investment of $845 at the current price of $0.0000845 would get you 100 million SHIB. Therefore, if you hold on to the 100M tokens and SHIB price surges to $0.01, your $845 investment today could turn into $1 million.
