Shiba Inu, Dogecoin, and EverGrow Coin are three top cryptos to watch this year.
Both Shiba Inu and Dogecoin are famous meme-coins that saw massive growth last year. Each minted millionaires and became firmly established in the crypto top 20. Now EverGrow Coin joins the pack as a new altcoin with strong potential for a price breakout in the next few months.
EverGrow Coin sees huge April volume – and it’s only getting started
EverGrow Coin saw price increases as high as 61% in April after being listed on the DigiFinex exchange.
The platform made it easier for crypto investors to buy up EverGrow Coin and made it one of the fastest-growing cryptos in the days after launch. A similar price spike was seen after EverGrow Coin announced the LunaSky marketplace for NFTs. The platform uses the cheaper and faster Binance Smart Chain network and crucially will allow NFT collateral in exchange for crypto lending.
EverGrow Coin might not have had the marketing campaign and headlines of other cryptos which launched last year. But it arguably has one of the best roadmaps and its strategy is overseen by top investment professionals.
One of the key events to watch for is when EverGrow Coin launches into The Abstract metaverse. The Abstract is the first metaverse to offer high-quality VR gaming at home by cloud-streaming its VR arcade.
EverGrow Coin will be the native crypto of the play-to-earn ecosystem and is likely to earn mass attention by the end of 2022.
Dogecoin breakout after the Twitter takeover
Given the strong backing of Elon Musk for Dogecoin, it’s no surprise the token rocketed over 30% in price following news that Twitter had accepted Musk’s $44 billion takeover bid.
Dogecoin has since seen a correction to fall back to a price of $0.1335. This is still a way down from the all-time price of $0.7376 however should Elon Musk soon take Twitter private it’s very likely for Dogecoin to see new price rallies.
The meme-coin jumped from 14th back to 11th place just hours after the Twitter acceptance news was announced. Any further headlines about Dogecoin are likely to see more price breakouts this 2022.
Shiba Inu coin burning shifts gear
Shiba Inu interest saw new highs in April after the launch of the ShibaSwap burn portal. More than 18 billion SHIB tokens have been burned in under a week of launching – over $40,000 at current Shiba Inu prices.
The Shiba Inu price is currently $0.00002195 – this is over 70% from the Shiba Inu all-time high of $0.000088 hit back in November last year. However with Shiba Inu investors seemingly going nowhere, and a range of new projects all trying to burn Shiba Inu to boost its prices and reduce supply, the coin is likely to succeed in 2022.
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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