29 May 2022

Cryptocurrencies such as EverGrow, BNB, and TRON are focused on driving profit in a bear market
After losing $500 billion, the crypto industry has entered a new bear market.

Crypto has not been at a market cap of $1.25 trillion since July last year. While most major crypto tokens are all down in price over the past few weeks, there are three cryptocurrencies growing fast even in the bear market.

These are EverGrow Coin, BNB, and TRON (TRX).

EverGrow Coin sees a 40% price pump
Yesterday, EverGrow Coin saw a price pump as high as 40% within a few hours. 

The EverGrow Coin price increased from $0.000000255 to hit $0.000000358 on the DigiFinex exchange. Prices on CoinMarketCap are often volatile for EverGrow Coin as it switches between CEX and DEX prices.

For example, though CoinMarketCap suggests a current EverGrow Coin price of $0.0000002711 this is actually up at $0.0000003445 on DigiFinex where a majority of EverGrow Coin trading occurs.

EverGrow Coin is a leading hyper-deflationary token with BUSD reflections on the Binance BNB Chain. The project has paid over $37 million in BUSD reflections from an 8% transaction tax since launching in September last year.

EverGrow Coin is set for further price hikes this year as it drops the first of a suite of applications in its ecosystem – the LunaSky NFT marketplace is expected to arrive any minute.

BNB is up 3% today
BNB is by far the fast-growing major cryptos right now. While Bitcoin, Ethereum, XRP, Cardano, and Solana are all in the red, BNB is up 3% today.

In the past week, BNB has actually grown 10% in price. BNB is the native token of the Binance ecosystem and powers its Binance crypto exchange – the largest in the world by daily trading volume.

Binance has emerged as one of the most secure crypto networks in the industry. The current BNB price is $331 and is up from a low of $227 during the crypto crash. 

The BNB price was $364 just before the crypto crash and is quickly regaining its losses. 

TRON flips Shiba Inu
TRON (TRX) leapt into the crypto top 20 after the dramatic collapse of Terra Luna and UST.

TRON has not only kept its position but has flipped Shiba Inu and Dai in recent days to find a seat as the 14th biggest crypto by market cap ($7.65 billion). TRON is now closing in on Avalanche with just over $100 million between them in market cap.

TRON (TRX) is up 1% in the past day and 12% in the past week. The growth of TRON is outpacing even that of BNB however BNB’s market cap is the superior with over $54 billion.

TRON launched in 2017 with the aim of providing full ownership rights to creators of digital content – for example, by encouraging consumers to reward content creators directly and without intermediaries. The project now has its own decentralized blockchain with dApp and smart contract functionality. The network carries decentralized games, streaming services, app stores, and music sites and is used on the file-sharing service BitTorrent.

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