Cryptocurrency Shiba Inu Vs EverGrow – Which Crypto Will Hit $1 In 2023? Imagine you buy $10 of Shiba Inu today, and the SHIB price pumps to $1 in 2023.You’d be sitting on $1.25 million.Seem like a crazy return on investment? Well, a handful of crypto traders became millionaires after investing just $2.50 in Shiba Inu at the beginning of January 2021.But here’s the big question.Can Shiba Inu reach $1 in 2023? The truth is, it’s impossible.Let’s look at two reasons why crypto experts suggest you should invest in up-and-coming altcoins like EverGrow if you seriously want to make the kind of money we just looked at.Reason 1 – Small-cap tokens make the biggest ROI Shiba Inu was worth $0.168 on January 1st, 2021.
But by October that year Shiba Inu was worth $0.00008.SHIB’s 48,000,000% price pump meant just $2.50 would’ve made you a millionaire within 10 months.But here’s the thing: Shiba Inu can’t possibly give the same returns again.Why? It’s to do with the market cap.Back in January 2021 the Shiba Inu market cap was under $100,000.By October it grew to $44 billion.Today the Shiba Inu market cap is $4.4 billion.Here’s what the Shiba Inu market cap needs to be at the following prices: – $0.00001 price – $6 billion market cap – $0.0001 price – $60 billion market cap – $0.001 price – $600 billion market cap – $0.01 price – $6 trillion market cap – $0.1 price – $60 trillion market cap – $1 price – $600 trillion market cap The entire crypto industry is currently worth $800 billion.
Crypto analysts predict it will grow to $4.5 trillion by 2030.So immediately any trader can see that prices of $0.01 and above are impossible for Shiba Inu.Not so with EverGrow.The EverGrow market cap is currently $35 million.
So EverGrow could grow 8,500% and not even break into the crypto top 20.That kind of return would turn a $1,200 investment today into over $100,000.Can EverGrow do it? Many crypto analysts think so.See why below.
(Or go ahead and buy EverGrow using BNB or BUSD here: https://evergrowegc.com/) Reason 2 – EverGrow is burning 6,000x more supply than Shiba Inu Have you read about how burning Shiba Inu can lead to insane price pumps? Then here’s what you need to know.Vitalik Buterin burned 41% of the Shiba Inu supply just over 18 months ago – within two weeks the price of SHIB pumped 50,000%.In dollar terms this would have turned $100 into $50,000 before your next paycheck! There’s just one problem.Shiba Inu has not managed to do the same again.The Shiba Burn Tracker says at the very best Shiba Inu is on track to burn through another 40 trillion tokens in 1,425 years.By that time, we probably won’t be around to check our ROI.
With EverGrow, you’re looking to replicate Shiba Inu’s success by the next bull market.EverGrow burned through 6,000x more of its own circulating supply than Shiba Inu in November – 2.7 trillion tokens worth over $200,000.
Meanwhile, Shiba Inu burned 661 million tokens worth around $6,000.Obviously something good is going on because EverGrow prices pumped over 43% in November and left Shiba Inu in the dust! Here’s how EverGrow did it.In September, EverGrow launched an NFT marketplace named LunaSky.But there’s a twist.EverGrow became the first project in crypto to use 100% of app revenue to burn its own token supply.The burn started in November – over $12,500 used to burn EverGrow each day! Meanwhile, Shiba Inu launched the Shiba Eternity mobile game and announced just 5% would be used to burn SHIB.Throughout the whole month of November, only $6,000 of SHIB was burned.Remember: the SHIB market cap is over $4 billion, and EverGrow’s just $35 million.
The effect is such that EverGrow could burn up to 20% of its supply in the next year.While Shiba Inu isn’t predicted to burn even 0.01% according to the latest analytics.If you’re not convinced yet, just head over to the EverGrow website to learn more: https://evergrowegc.com/ Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only.By using this, you agree that the information does not constitute any investment or financial instructions.
Do conduct your own research and reach out to financial advisors before making any investment decisions.
Cryptocurrency Dogecoin Vs EverGrow – Which Crypto Will Hit $1 In 2023? Will 2023 be the year that Dogecoin reaches $1? Here’s what that would look like.If you buy $700 of Dogecoin today, you’d be sitting on over $10,000 by the time the Dogecoin price hits $1.There’s just one problem.
The closest Dogecoin got to a $1 price is $0.74 – close, but it was only there for an hour, and solely down to the fact that Elon Musk appeared on Saturday Night Live.The week after, the Dogecoin price collapsed to $0.2.
With no promise of a Twitter integration in sight, Dogecoin could continue falling below the current price of $0.067.In fact, a majority 71% of industry experts surveyed by Finder.com urged investors to sell their Dogecoin right now.Here are three reasons why you shouldn’t buy Dogecoin in 2023, and why crypto experts suggest you diversify your portfolio into up-and-coming cryptos like EverGrow instead.Let’s get to it.Reason #1 – Dogecoin is hype & speculation Dogecoin is the crypto with the second-largest following on Reddit after Bitcoin.More than 4 million wallets hold Dogecoin.
But here’s the catch: Dogecoin has no use cases.Every single Dogecoin price pump since 2021 can be linked to either Tweets from Elon Musk, or news about Elon Musk.Thousands of people bought Dogecoin in late October as Musk took over Twitter – but he’s never actually promised any Dogecoin integration on the social media platform.With Binance a major investor in the Twitter takeover, there’s more chance that a blockchain network and payments provider like Binance gets the prize.
So there’s every chance the Twitter hype will fade, and Dogecoin collapses in price.If the latter is the case, then your Dogecoin investment has no clear signals it’s going anywhere.Dogecoin is already -91% down in price from the all-time high.
That would turn $1,000 into $90.
IntoTheBlock data suggests over 2 million Dogecoin holders are making a loss right now.Furthermore, consider this: crypto experts predict we’ll be in a bear market until 2024-2025.Dogecoin needs a market cap of $132 billion for 1 DOGE to be worth $1 in price.The current market cap is $9 billion – so a $1 Dogecoin in 2023 is unlikely.
#2 – Dogecoin is inflationary Yup.A total of 5 billion DOGE is added to supply each year.And you wanted to buy Dogecoin to beat inflation? In the next 12 months, the DOGE price will fall over 3% if the market cap remains the same.Long-term the effect of inflation will keep Dogecoin price stable at best – and, in fact, this is why billionaires like Elon Musk and Mark Cuban rave about Dogecoin.
A crypto with a stable price means more people would be willing to buy and sell it, rather than hold it.Dogecoin inflation is the key to mass adoption of DOGE.It’s the opposite of the current leading hyper-deflationary token in crypto: EverGrow.
EverGrow is on track to burn 10-20% of its supply in the next 12 months.
This would make prices rise 21% even if the market cap remains the same – and even if we stay in a bear market.Add to that the first NFT marketplace in crypto to send 100% of its revenue towards burning tokens (EverGrow tokens), a crypto content subscription app, and a play-to-earn gaming metaverse experience – EverGrow has both real-world cases and a deflationary nature.Once the price breakout starts happening, there’s a likelihood thousands more will pile into EverGrow.This is another bullish incentive for an EverGrow breakout even in a bear market.
While Dogecoin has popularity, its structural limitations (it was built in about three hours as a joke) may start to weigh on it in 2023.#3 – Dogecoin isn’t compatible with smart contracts Dogecoin faces other limitations besides inflation.The Dogecoin blockchain can’t interact with smart contracts.Smart contracts are the building blocks of decentralised finance (DeFi) and NFT applications, and without them it’s hard to integrate Dogecoin payment systems and apps.
For example: an integration into Twitter would be tough.You’ll never be able to have Dogecoin NFTs, or have other tokens use the Dogecoin blockchain.Twitter can’t use the Dogecoin blockchain for its own ends, like fighting bots as once suggested by Elon Musk.It’s just another reason why Binance would probably have its blockchain used instead.Lack of use cases and limitations were the key reason why crypto experts on Finder.com were not backing Dogecoin in 2023.The post Dogecoin vs EverGrow – Which Crypto Will Hit $1 in 2023? appeared first on Analytics Insight.Big Eyes Coin Bringing Positive Change To The DeFi Space: Big Eyes Coin, Cardano, Chainlink Although the growth of the decentralized finance (DeFi) industry can be attributed to numerous cryptocurrencies on the market, unique cryptos like Big Eyes Coin (BIG), Cardano (ADA), and Chainlink (LINK) intend to grow the industry even more with the positive features they provide.
Big Eyes Coin (BIG) is Revitalizing the DeFi Market The Big Eyes Coin (BIG) project is a decentralized finance (DeFi)-based crypto project that intends to grow the financial industry through the use of meme coin technology.With its contract fully audited and backed by Solidity Finance, the Big Eyes Coin (BIG) project is 100% secure as it provides decentralization to its users, thereby ensuring that they are in full control of the operation and management of their financial and digital assets.The Big Eyes Coin (BIG) ecosystem is represented by a cute cat that is well-versed in the operations of the business world and intends to use this knowledge to save the oceans of the world.Unlike most meme cryptocurrencies currently on the coin market, the Big Eyes Coin (BIG) project is giving back to its community as it ensures the donation of 5% of its total token supply to several charities around the world.The token that fuels the Big Eyes Coin ecosystem is referred to as the BIG token.
This token has a special policy that employs it in which it has no tax fees imposed on its users for every transaction the tokens are utilized in.This policy is known as the dynamic tax system which is characterized by a “No buy tax, no sell tax” mechanism.Cardano (ADA): Ramping Up DeFi Development One of the renowned decentralized finance (DeFi) solutions in the cryptocurrency industry is Cardano (ADA).Due to its relatively late entry into the game, it is currently playing catch-up with the other major DeFi participants and will only introduce smart contract capabilities in September 2021.However, this hasn’t stopped developers or investors from flocking to the Cardano (ADA) network to take advantage of its special opportunities.Transaction volume has greatly increased with the acceleration of development, including the upcoming Vasil hard fork.Cardano (ADA) has now surpassed established competitors like Avalanche (AVAX) and Tron (TRX) as a result.For a time now, the most volume has been a point of contention amongst these smart contract systems.
But Cardano (ADA) has outperformed the majority of rivals.Chainlink (LINK): Blockchain’s Special Network for the Growth of DeFi Chainlink (LINK) oracle networks are protected by node operators utilizing security-audited software carefully certified to function at scale without interruption or corruption.A final certified solution is created by combining data from several premia and secured APIs, eliminating any potential single point of failure.The Chainlink (LINK) Network links hybrid smart contracts with high-quality data and off-chain processing to safeguard tens of billions of dollars within the DeFi ecosystem.
Using pre-built and dependable decentralized services, developers can quickly create, test, and deploy complex DeFi apps that utilize various external resources.Big Eyes Coin (BIG); Presale: https://buy.bigeyes.space/ Website: https://bigeyes.space/ Telegram: https://t.me/BIGEYESOFFICIAL For bonus tokens use code Ocean812 Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only.By using this, you agree that the information does not constitute any investment or financial instructions.Do conduct your own research and reach out to financial advisors before making any investment decisions.
Cryptocurrency Looking For The Next Big Coin? Rocketize, Cardano, And Tezos Could Interest You This has been a tough year for the cryptocurrency market, with most coins taking a nosedive alongside the global financial markets.However, a new cryptocurrency, Rocketize (JATO), is gearing up to change the financial status of its holders, alongside Cardano (ADA) and Tezos (XTZ).This article will focus on the above cryptocurrencies and explore what benefits they bring to the coin market.
Cardano – The Ethereum Upgrade Launched in 2017, Cardano (ADA) is billed as a third-generation blockchain, following Bitcoin (BTC) and Ethereum (ETH)—the first and second generations, respectively.Cardano (ADA) is a developer ecosystem where users can create tokens, decentralized applications (dApps), and other applications for scalable blockchain networks.One significant feature of Cardano (ADA) is its ability to process multiple transactions per second.The ADA token is the native token on Cardano (ADA) used for decentralized, secure, and low-fee transactions.
If you hold ADA tokens, you can earn rewards for delegating your digital assets to secure the network.You can also pledge your funds to a stake pool to increase the pool’s likelihood of earning rewards.In addition, the Cardano (ADA) platform runs a fully decentralized governance model.This means that every token holder holds a stake in the network, giving them the right to vote on proposals for the development of the blockchain and ecosystem.Cardano (ADA) claims to be a more scalable, secure, and profitable alternative to Ethereum (ETH) and other decentralized platforms.It aims to improve the architecture of Ethereum (ETH) by prioritizing fluidity, stability, and scalability.To crypto analysts, these remarkable features of Cardano (ADA) could translate to higher values and bring huge profits to its holders.
Tezos – Designed For Transactions Tezos (XTZ) is a unique smart contract–based crypto platform similar to Ethereum (ETH), only differing in architecture and mode of operation.Unsurprisingly, Tezos (XTZ) has become one of the most popular blockchain networks within the cryptocurrency industry.This is because it is more advanced than Ethereum (ETH), as it evolves and improves over time without the danger of the occurrence of a hard fork, as has been the case in Bitcoin (BTC).The Tezos (XTZ) blockchain boasts low energy consumption and carbon footprint.It also uses a DPoS (Delegated Proof-of-Stake) consensus algorithm, which helps keep the protocol secure and functional.Tezos (XTZ) is listed on top crypto platforms like Binance and Coinbase and has maintained a good spot in coin market rankings.Rocketize Is Expanding the Scope of Meme Coins Rocketize (JATO) will enter the cryptocurrency market as a meme token, but it will offer much more, promising to contribute to revolutionizing the meme coin sector.
Most meme tokens lack utility, but Rocketize (JATO) promises to offer DeFi services to its users.It will also power a non-fungible token (NFT) ecosystem where users can mint, collect, sell, and trade NFTs for high gains.Users will also profit from Rocketize’s (JATO) deflationary feature, which will utilize token burns to ensure growth in token demand and price value in the long term.
These features indicate that the new cryptocurrency has the potential to yield 100% gains.Thus, crypto analysts predict that Rocketize (JATO) could become the next big cryptocurrency in 2023.Final Thoughts Rocketize (JATO) has what it takes to succeed upon entry into the cryptocurrency market.Like Cardano (ADA) and Tezos (XTZ), the new cryptocurrency could achieve tremendous success in the coin market.
If you seek to salvage your lost finances during this crypto winter, an early investment in Rocketize (JATO) could be your key.Click any of the links below to join its thriving community: Presale: https://rocketize.io/buy Website: http://rocketize.io Telegram: https://t.me/RocketizeTokenOfficial Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only.By using this, you agree that the information does not constitute any investment or financial instructions.Do conduct your own research and reach out to financial advisors before making any investment decisions.Top posts matic7 hours ago Polygon (MATIC) Depicts Further Downtrend, This Could Be The Next Support Level The Polygon (MATIC) price has been on a downward spiral for the last couple of weeks.
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