Shiba Inu And EverGrow Coin Surge 20% After Top Crypto Listings In April 2022

by Analytics Insight

April 14, 2022

Crypto investors need to generate profits in crypto wallets via Shiba Inu and EverGrow Coin

The crypto market lost $170 billion in the first half of April, falling below $2 trillion, as nearly all major crypto tokens fell in price. Bitcoin is down 12% in the past week, Ethereum is down 9%, and Terra’s LUNA token is down 26% in price.

Most of the top 20 tokens are up 0-2% today April 17, but Shiba Inu and EverGrow Coin have jumped over 20% in the past 24 hours. Shiba Inu is the second-largest memecoin by market capitalization, while EverGrow Coin is the first think token on the BNB chain.

The price spikes for both coins came after new listings on major crypto exchanges and platforms. With increasing trading volume and rising prices, these two coins are expected to experience further growth through April 2022.

Shiba Inu Lists on Robinhood

shiba inus is by nature a decentralized cryptocurrency, even the anonymous founder Ryoshi steps back and claims that he doesn’t own any SHIB tokens. Ryoshi sent about 50% of all Shiba Inu coins to Ethereum co-founder Vitalik Buterin, who burned the majority and sent the rest to a COVID-19 relief fund in India.

With a symbolic price of $0.00002734, many Shiba Inu supporters (called the SHIB army) took the initiative to raise prices and generate more interest. Many backers periodically burn their own coins, or others like the Shib Coffee Company burn SHIB with profits made from selling coffee.

Another key milestone for the SHIB Army was a Robinhood listing. The crypto brokerage platform announced Shiba Inu has been listed yesterday and announced a $100,000 giveaway to boost adoption. The price of Shiba Inu reacted accordingly, increasing by 20% in the past 24 hours.

Another development in Shiba Inu concerns the development of the SHIB metaverse. Land sales went live this week, and new developments could push Shiba Inus even higher in April 2022.

EverGrow Coin gets DigiFinex listing

EverGrow Coin was launched in September last year, as part of a new crypto breed of think tank tokens. The token has quickly become the top think tank on the BNB (Binance Smart Chain) chain as it pursues new milestones and further adoption. Yesterday, the coin got its first listing on DigiFinex, one of the top 10 crypto exchanges by trading volume.

EverGrow PartThe price of surged by 22% on the DigiFinex platform, reaching a price of $0.00000043 from $0.00000037 within hours. The listing was also a great test of EverGrow Coin’s complex tokenomics. The project charges a 14% transaction fee on each buy/sell order, of which 8% is paid out as BUSD rewards, 3% is reserved for strategic coin burns, 2% is reserved for liquidity, and 1 % to marketing.

A 24-hour trading volume of $2 million on DigiFinex means $60,000 for coin burning and $160,000 in BUSD stablecoin rewards for investors. Total BUSD rewards reached $36 million yesterday.

EverGrow Coin has announced other drops for this month, which will likely include a new NFT Marketplace and a content subscription platform called Crator. Both applications are designed to generate profits which are then used for more strategic coin burns or as more BUSD thoughts.

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Shiba Inu And EverGrow Coin Surge 20% After Top Crypto Listings In April 2022

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