The main disadvantage of Shiba Inu coin burns is that they are really expensive – it would cost over $100 million to burn 1% of Shiba Inu tokens. While it would only cost $2 million to burn 1% of EverGrow Coin tokens, EGC does not yet have the popularity of Shiba Inu to ensure continued demand.
The Shiba Inu challenge is to incentivise both investment and for investors to burn – i.e. destroy – part of their own investment. The EverGrow Coin challenge is to spread the word to more investors while remaining true to its core values and current transparency.
https://www.analyticsinsight.net/is-shiba-inu-or-evergrow-coin-more-likely-to-hit-0-001-first/
Your post was upvoted and resteemed on @crypto.defrag
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit