Dogecoin or EverGrow Coin – Which crypto will earn the most in 2022?

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by Analytics Insight


March 19, 2022

In this article, we will discuss the price potential of Dogecoin and EverGrow Coin in 2022.

A Dogecoin whale moved approximately $29.6 million worth of DOGE in a single transaction this week. It offered Dogecoin its highest 24-hour trading volume of the entire month, at over $850 million. The price of DOGE reacted positively, rising nearly 3% through March 17.

Dogecoin has proven to be the most popular memecoin as it remains the 13th largest crypto token by market capitalization – $15.5 billion. That’s two places ahead of Shiba Inu, which has a market capitalization of $12.3 billion. Dogecoin’s success is partly due to the fact that it has been around since 2013, but also thanks to the sponsorship of Tesla CEO Elon Musk.

Musk tweeted this week that he owns Bitcoin, Ethereum and Dogecoin and has “no intention of selling.” This post alone saw DOGE’s price jump 10%. But can we expect more Dogecoin in 2022? Or will memecoins flip to make way for a new breed of crypto like EverGrow Coin, which has arrived with in-app wallets, exchanges, metaverses, NFT marketplaces, and DeFi solutions to generate passive income?

In this article, we will discuss the price potential of Dogecoin and EverGrow Coin in 2022.

Dogecoin – the most popular token in crypto

Current price: $0.1175

Dogecoin was launched in 2013 as a result of the popular Internet meme “doge”, depicting a Shiba Inu dog with an internal monologue of words written around it in Comic Sans font. The original doge meme had words like ‘wow’, ‘what are you doing’, ‘concern’ and ‘so scared’. Doge was KnowYourMeme’s best meme for 2013 – Dogecoin was the first meme coin and the first dog-related coin.

Dogecoin quickly became a fan favorite and was even used to raise $36,000 to send the Jamaican bobsled team to the Winter Olympics in 2014. Over the years Dogecoin has been involved in other fundraising, such as raising $30,000 to build a well in the Tana River. basin in Kenya.

But Dogecoin would never have enjoyed its current success without the support of Mark Cuban, Snoop Dogg and Tesla CEO Elon Musk. On December 14 last year, Musk tweeted that Tesla would start accepting Dogecoin as payment for Tesla merchandise. The price of DOGE soared 20%.

But critics say the future of Dogecoin is troubled, as there is no supply cap and every year another 5 billion DOGE will come into circulation. This is unlike Bitcoin, with a fixed supply of 21 million BTC, and nothing like crypto newcomers like EverGrow Coin which are deflationary by design.

EverGrow Coin – a hyper-deflationary coin that earns passive income

EverGrow Part launched in September 2021 with two basic utilities that DOGE does not have: a deflationary design and rewards for coin holders. EverGrow Coin started with a maximum supply of 1,000,000,000,000,000 EGC, but this number will continue to decrease. EverGrow Coin does this through a 14% tax on all EGC transactions, with 2% reserved for strategic coin burns to increase price and reduce supply.

An additional 8% of this tax is distributed directly as a reward to investors. The reward is paid out in Binance USD, a dollar-priced stablecoin, which means investors earn money without exchanging their EverGrow Coin tokens. These basic utilities incentivize to hold your position and earn US dollars while you wait.

But EverGrow Coin goes further. This month, it will be rolling out a content subscription platform called Crator, which allows users to buy subscriptions or tip their favorite content creators and celebrities in crypto. Later this year, EverGrow Coin will join the metaverse as it builds the world’s first virtual crypto exchange (think entering a bank) as well as a virtual NFT marketplace and cloud-streaming play-to-earning games , allowing access to VR headset users without large computing power.

All rewards from these apps will be 100% directed to rewards or coin burns, of which 8% will be paid out as rewards. It’s a win-win either way for EverGrow Coin and at a price of $0.00000049, it could be a breakout crypto gain this year.

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