NEWARK, DE / ACCESSWIRE / November 23, 2021 / With The meteoric rise of the meme-inspired cryptocurrency, Floki Inu emerged, hoping to dethrone both SHIB and DOGE. FLOKI Inu Token has a maximum token supply of 10 trillion having 9.21 trillion currently in circulation. There is a 3% tax applied on every buy and sell transaction which goes to the FLOKI Inu’s team marketing wallet. Another Trending Cryptocurrency, EverGrow Coin was launched 7 weeks ago and has already surpassed the benchmark of $1 billion market cap, and distributed more than $26M BUSD in rewards to its holders, and has more than 105,000 token holders.
EverGrow Coin rewarding system is one of its distinguishing features. Every Buy/Sell/Transfer transaction of EGC Tokens rewards 8% in BUSD to all its holders. Apart from that, EverGrow is considered to be 2 times more lucrative than its closest rivals; at launch, 50% of tokens were burned by sending them to a burn address. The Token is designed to be deflationary by nature and will become scarcer over time.
The deflationary nature of EverGrow is Fueled by its efficient buyback feature. EverGrow Coin contracts collect 2% from every transaction to support the buyback feature. Once the Buyback is enabled, the highly advanced contract purchases tokens from the exchange at market rate, and the tokens are immediately removed from the circulating supply boosting the price, reducing the supply, and producing green candles on the price chart.
EverGrow Coin contracts automatically add 3% to its liquidity pool on Pancakeswap. Thus always increasing token liquidity and creating stable price floors. EverGrow Coin is developing the world’s first decentralized NFT lending platform. Built on BSC, The platform will allow NFT owners to readily borrow against their NFTs as collateral at fair interest rates without selling them. It implies that instead of collecting digital dust on their NFTs, NFT owners can lend them and make money.
EverGrow will also be soon launching its BSC-based NFT Marketplace that will allow buying and selling of non-fungible tokens. The marketplace will provide celebrities, influencers, and creators with the opportunity to mint, sell, showcase, and even drop mystery boxes for their collection. Binance Chain is on the rapid rise due to its cheaper and faster transaction.
Apart from this, the EverGrow team anticipates a future ecosystem that includes Play-to-Earn Games, Content Subscription Platform, and Staking Pools.
Company: EverGrow Coin
SOURCE: EverGrow Coin