Will Your Crypto Investments Go Wild With Shiba Inu, Dogecoin or Evergrow Coin in 2022?

What are the chances that Shiba Inu or Dogecoin cryptos make a good investment in 2022? 

You may have heard of the Shiba Inu billionaire who started off with just $8,000 in SHIB. It took just over 12 months of holding on for this anonymous investor’s wallet to hit a $5.7 billion valuation.

Or what about the CNBC calculations that a $1,000 Dogecoin investment on January 1 last year would have grown to $121,052 by May? The figures are vindicating for meme-coin believers and FOMO for everyone else. 

But what are the chances that Shiba Inu or Dogecoin cryptos make a good investment in 2022? Will they fall by the way as new cryptocurrencies like EverGrow Coin launch to combine all the benefits of NFTs, crypto passive income, the metaverse, and more in one ecosystem? 

Shiba Inu – coin burning to $1

Shiba Inu’s strength and weakness in its decentralization. Its creator (the anonymous Ryoshi) stepped back after launching the project in 2020 and has 0 SHIB tokens. Ryoshi gifted half the supply to Ethereum founder Vitalik Buterin last year. Buterin burnt over 400 trillion SHIB tokens (worth about $11 billion today) and kick-started Shiba Inu’s rapid growth.

Coin burns are taking place again with over 700 million SHIB burnt on March 14. That’s the biggest daily burn all year and adds to the 1.3 billion burnt through January this year. 

While ShibArmy supporters wait for a listing on Robinhood coin burning is proving a popular decentralized tactic to boost Shiba Inu’s current price from $0.000022

EverGrow Coin – crypto goes meta

EverGrow Coin is an exciting new crypto gainer tipped to break the top 20 projects this year. It does this by combining an innovative rewards mechanism with groundbreaking applications that generate further rewards for investors. EverGrow Coin has distributed over $35 million to date since launching in…