The numbers are almost in, and Shiba Inu is on track to register its lowest 18-month burn rate.

Just 352 million SHIBs are left, worth $3,000 this December. This marks a decrease of -99% from May, when 31 billion SHIBs valued at $260,000 were burned.

Where can you find Shiba Inu? You can check it out here.

2023 has plenty in store. Yet, new altcoins such as EverGrow are facing strong rivalry. EverGrow has seen price boosts of as much as 50% because of token burning in November.

EverGrow Burn Rate Increases 349%: Is This The Next Big Cryptocurrency?

EverGrow used over $250,000 of its own supplies in November. It is a great bargain considering the EverGrow Market is only $40 Million, compared to the Shiba Inu’s $4.5 billion market cap.

But EverGrow’s small market capitalization makes it suitable for breakouts.

Prices are already up 43% in November, after it removed its liquidity pair from BNB at PancakeSwap.

How does EverGrow achieve this?

EverGrow generates tokens through three major methods:

• EverGrow reserves 2% of each transaction to sustain its operations
• EverGrow receives 100% of LunaSky NFT market sales
• The EverGrow NFT sales of 100% are used to burn EverGrow

EverGrow is a token that devotes 100% of app income to tokens. In comparison, the mobile game Shiba Eternity Burning only puts away 5% of revenue for SHIB.

In 2023, EverGrow will introduce a content subscription app that has integrated cryptocurrency and an easy-to-use wallet with sharing functions. All these add to the burn rate. EverGrow burns approximately 10% of the total supply each year. By comparison, Shiba Inu burns a maximum of 0.01% per annum.

You can purchase EverGrow using BNB or BUSD here: https://evergrowegc.com/

There are 2 ways to get your mug. Shiba Inu Consumption in 2023

Back in May, investors celebrated the launch of the Burn portal on ShibaSwap. This was a system that earned passive income for anyone who burned SHIB.

SHIB enthusiasts consumed 31 billion SHIBs. That’s more than $260,000 at today’s prices. It looked like the rate of burning was about to skyrocket.

But the fire portal could not be delivered.

Shytoshi Kusama, the head of SHIB’s development team, took over the Burning Portal in October 2008. One blog post stated that the burning portal needed to be improved and