NEWARK, DE / ACCESSWIRE / November 2, 2021 / A relatively new cryptocurrency is attempting to get to the moon just like Bitcoin, Ethereum, and Dogecoin before it. EverGrow Coin has also been cited by many analysts as the next Shiba Inu or Dogecoin. EverGrow was launched in September and has since gained more attention due to its unique Tokenomics. All EGC holders earn an 8 % bonus on each buy or sell transaction (in BUSD) automatically transferred to the holder’s account. EverGrow Coin has exceeded 75,000 Holders and a Marketcap of $1.5 billion within a month since its launch.
EverGrow Coin is a new cryptocurrency that aims to reach the moon very soon. The token gained around 25000% in the last month alone as reported by coingecko.com, making it one of the most outstanding performing Cryptocurrencies.
The EverGrow Coin is also twice more rewarding than its closest rival. Each owner is rewarded with a more significant share of the benefits making it more lucrative for individuals. Half the token’s total supply was burned and taken off the market when it was launched, and another 2% was burned. Additionally, the Airdrop and the Team Wallet and Team Wallet, another 5% are locked and, therefore, do not get any reward. In conclusion, the prizes are divided between 44 % of the total coin.
Unique characteristics of EverGrow:
8 % Rewards in BUSD: EverGrow Coin distributes 8 percent of the transactions to all token owners directly to their wallets for each purchase or sale. The reward is sent to holders in BUSD steady currency. BUSD tips ensure that owners do not have to sell their investments and pay tax to make profits.
4% will be immediately added into the liquidity pool: 4% of every purchase and sell transaction is automatically transferred to PancakeSwap. PancakeSwap solves the problem of liquidity associated with decentralized exchanges through the introduction of a liquidity pool. The liquidity pool is composed of tradable tokens like the $ EverGrow and BNB. All transactions of buy and sell are a part of liquidity pools. A bigger liquidity pool helps create a stable floor of the currency.
Buy Back and Burn: During Burn and redeem, 2% of tokens are collected during every transaction, converted into BNB, and then stored securely in Smart Contract, known as the BuyBack Wallet; when activated, it buys EGCs on exchanges and permanently removes the tokens purchased from the Token circulating supply while making Green candles on the price chart.
Anti-whale Mechanism:EverGrow Coin has also developed an anti-whale system. An additional 1% charge is added to every sale, which reduces the number of transactions that involve swing trading and Whale manipulation. Additionally, the smart contract does prohibit simultaneous sales that exceed 0.2 percent of the total amount.
EverGrow’s team EverGrow intends to create a variety of products within its Ecosystem to enhance the value and value of EGC Token, as stated in the roadmap. The products include Binance smart Chain-based NFT marketplace as well as the Content Subscription Platform. The team regards this as an important factor and is aware of the importance of utilities which is often overlooked by projects that rely on hype and endorsements. Another utility that will help make an EverGrow platform more mainstream is its play-to-earn games. At present, the cryptocurrency gaming industry is already generating market revenues exceeding $321 million, with 41.9 million players owning cryptocurrency.
SOURCE: EverGrow Coin