Dogecoin (DOGE), Ever Grow (EGC), and Safemoon (SFM)- Crypto That Could Explode in 2022
by Analytics Insight
January 20, 2022
Cryptocurrency is currently one of the most trending and profitable investments globally. It has grown and transformed from just being an obscure digital asset into a diverse and widespread digital asset. Some new cryptocurrencies are cheaper and abundant currently in the crypto world and have always shown positive signs of attaining an all-time high value. A perfect example of a cryptocurrency that has grown and achieved an all-time high value is one of the crypto giants, Bitcoin.
In 2021, Bitcoin’s price had doubled and skyrocketed to an all-time high value of over $64,000; despite falling back in the mid-year, it rose back to $68,000 in November 2021. Nevertheless, it continues to grow, and some crypto expert has predicted the price of Bitcoin to surpass $100,000- describing how cryptocurrency rise faster when it shows a positive thread in price
This article encompasses the list of fastest-growing cryptocurrencies in 2022:
Launched just 4 months ago, Ever Grow(EGC) itself has paid nearly $33 million dollars in passive income to its holders – it’s hard to deny that is real value. EGC is a deflationary token launched in September 2021 whose contract distributes 8% from every transaction in Binance pegged USD, which is automatically sent to holders’ wallets. Since launch, EGC experienced record-breaking growth with over 130,000 holders in just 3 months of its launch.
The token utilities Include NFT Marketplace, NFT Lending, Staking pools & Play-to-Earn Game. Beyond that, they will be releasing the world’s first Crypto friendly social media and content creation platform. They will also move into the metaverse this year, with Crator combining with their NFT marketplace into a virtual world for shopping, socialising, and rubbing shoulders with celebrities. The crypto is no doubt set on the path to becoming one of the biggest cryptos in the market.
Dogecoin is an open-source digital currency created by Billy Markus and Jackson Palmer on December 6, 2013. This crypto was designed as Joke currency based on a popular internet meme featuring a Shiba Inu logo. It was made based on litecoin form and operated in the same technology line. Unlike other cryptocurrencies, Dogecoin creators organize a pre-sale and public sale before the token launch and a total supply of 100 billion coins was made available for everyone to mine immediately.
Dogecoin began to gain significant attention in the crypto market after it became used as a meme by Tesla billionaire, Elon Musk and other celebrities. It continues to gain more value as it’s also registered on the platform of one of the largest stockbrokers, etoro.
The price rose from $0.0002 to $0.0003 and later rose to $0.0004 in its first four years in the market. The current Dogecoin price is $0.168329.
Safemoon is a decentralized finance(DeFi) token that combines Reflect Finance, RFI tokennomics, and an auto-liquidity generating protocol. Created in March 2021 by John Karony. Safemoon is a BEP20 token created on the Binance smart chain blockchain that includes a 10% token fee on transactions, 5% of the tax is returned to token holders as rewards while the remaining 5% is added as liquidity on Pancakeswap. Safemoon underwent significant growth in 2021 when its V2 was launched and was awarded the “Best Crypto Community of the year” on November 16, 2021. The Safemoon V2 upgrade has been instrumental in restoring investors’ confidence in this project. According to coinmarketcap, the crypto was trading at $0.002139 with $1.7 million trading volume over 24 hours.
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