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A Future on the Metaverse Gives BTC, ETH, SHIB, and EverGrow a Bullish Trend

Published 01/13/2022, 03:22 AM
Updated 01/13/2022, 03:30 AM
A Future on the Metaverse Gives BTC, ETH, SHIB, and EverGrow a Bullish Trend

  • BTC, ETH, SHIB, and EverGrow start a bullish trend on the hint of a future in the metaverse.
  • Shiba Inu is up 17% today on reports that Robinhood (NASDAQ:HOOD) will list it this February.
  • EverGrow Coin has confirmed “100%” that it is moving to the metaverse this year.

Bitcoin has risen to over $43,822 in the previous two trading days after dipping below $40,000 on Monday. This is because BTC, Ethereum (ETH), Shiba Inu (SHIB), and EverGrow, are rising on the promise of a future in the metaverse.

An increase in the yield on the US 10-year Treasury yield startled investors around the world, but the world’s largest cryptocurrency BTC has recovered its losses thanks to a general return to positive trends.

In addition, Shiba Inu is up 17% today on reports that Robinhood, a prominent trading app with a user base of over 23 million people, will offer the memecoin as early as February. A comment on Robinhood’s earnings call, when Chief Executive Vlad Tenev claimed they were exploring introducing more coins, preceded the rumour.

This week, Ethereum experienced a significant rebound, falling to a low of $10,835, before rising above $12,400. With no new information from the Ethereum camp, it’s evident that as cryptos grow more mainstream, they will experience the same ups and downs as more traditional stocks.

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Finally, EverGrow Coin has confirmed “100%” that their project will be moving to the metaverse this year via their official Twitter (NYSE:TWTR) account.

EverGrow has taken the crypto market by storm since its launch just three months ago, and the news that this fledgling project will bring their highly anticipated crypto-friendly content creation platform, Creator, to the metaverse could be the catalyst that propels this project to new highs this year.

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