Dogecoin and EverGrow Coin growth Defies Bearish Crypto Market

Dogecoin saw a surge in price earlier this week as Twitter announced it had accepted Elon Musk’s $44 billion offer

The cryptocurrency market lost $50 billion today – but Dogecoin and EverGrow Coin are showing green candles in the last 24 hours.

Dogecoin is currently trading at a price of $0.14. This is a 3% increase in the price of Dogecoin according to CoinMarketCap. The price of Dogecoin is also up 2.6% in the past 7 days according to crypto price data today.

EverGrow Coin was trading at a price of $0.0000004644 yesterday. Analysing the EverGrow Coin price, it is trading today at a price of $0.0000006303 on the DigiFinex exchange. This would indicate a price increase of 36%. 

 

Why EverGrow Coin is growing in price right now

EverGrow Coin is listed on the DigiFinex exchange this month and has seen a surge in inactivity. Partly this is because DigiFinex makes buying EverGrow Coin much easier for investors who are not familiar with PancakeSwap.

EverGrow Coin also dropped its new NFT marketplace – LunaSky – this week. The LunaSky NFT marketplace is expected to launch on its own domain server in the coming days and could take EverGrow Coin to a new yearly high in price. 

But EverGrow Coin could also be growing in price for similar reasons to Dogecoin – Elon Musk’s takeover bid of Twitter. Musk has often engaged with EverGrow Coin on social media and the team has responded by dropping 15,000 NFTs for the new marketplace which features Tesla and SpaceX branded digital assets.

 

Dogecoin price grows 3% today.

The price of Dogecoin is growing today. This is despite the fact that Bitcoin, Ethereum, Shiba Inu, Cardano, Solana, Terra, XRP, and more are in the red.

Dogecoin saw a surge in price earlier this week as Twitter announced it had accepted Elon Musk’s $44 billion offer to take the social media company private. The price of Dogecoin responded by shooting up to $0.16 – one of the highest Dogecoin prices all year.

Dogecoin quickly corrected in price down to $0.13 but appears to be growing again today. 

In other positive news for Dogecoin, on-chain data suggests that whale transactions have reached their highest volume in 3 and a half months.

 

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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