EverGrow Coin, A Hyper Deflationary Token Reaches 95,000 Holders, Distributed Over $22 Million in Rewards

November 11, 2021 11:51 AM EST | Source: Global Releasewire

Newark, Delaware--(Newsfile Corp. - November 11, 2021) - EverGrow Coin is a deflationary crypto coin that is meant to grow scarcer over time. EGC's rewarding system is one of its distinguishing features. Every purchase and sale transaction on EGC's blockchain earns EGC holders an 8% reward in BUSD. Apart from that, EverGrow is considered to be 2 times more lucrative than its closest rivals; what's more, upon launch, 50% of tokens were burned by sending them to an in-active burn address. EGC began with a maximal supply of 1 trillion units, which has not decreased appreciably. According to its official website, about 51.17 % of its supply has been destroyed since its start.

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EverGrow Coin

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Aside from that, in just 5 weeks after inception, the project had a market value of over $1 billion and 95K Token Holders. The EverGrow Coin also runs a strategic buyback feature, in which 1% of all transactions are turned to BNB and kept in the contract. When BuyBack Wallet is turned on, it acquires EGC directly from exchanges and immediately removes the tokens from circulation, creating green candles on the price chart.

Aside from that, 4% of each transaction is regularly sent to Pancakeswap's liquidity pool to provide a steady pricing floor. Moreover, transactions performed from one wallet to another are taxed up to 14% and dispersed among EGC holders. The EverGrow crew wants to develop several products into its Ecosystem to increase the amount of EGC Token and the benefits available to holders. The Binance smart Chain-based NFT platform and the Content Subscription Portal are among the platforms which will be launched first.

This is a crucial component to the team, and they understand the necessity of utilities, which is frequently forgotten by initiatives that rely on publicity and sponsorships. The Ecosystem at EverGrow encourages the use of $EGC directly. In addition, it will create the world's first NFT lending and financing platform, which will increase liquidity in the NFT and DeFi industries. Owners of NFTs will be able to borrow money against the value of their NFTs by pledging them as security. They guarantee to offer Fair Interest Rates, allowing holders to obtain cash without selling their NFTs.

A self-sustaining decentralized application platform is also included in the project, which will bring in a successful revolution in the crypto sector and set a new benchmark for DeFi security. It's a swapping transaction with an intuitive user interface that lets you see your BUSD reflections. It also has a one-of-a-kind Staking Pool to assure token longevity and advantageous trading conditions.

A well-known group of engineers, business strategists, and entrepreneurs designed and managed the EverGrow project. All of the team members are blockchain and cryptocurrency development professionals. EverGrow, which debuted in September, is the first DeFi platform to pay out in BUSD to its investors. It's a positive move by a cryptocurrency to recognize stablecoins, which are notorious for being non-volatile assets fixed 1:1 to the US dollar. Due to its innovative Tokenomics and future utility, EverGrow Coin is on track to become one of the top 20 Cryptocurrencies, despite its current market cap of roughly $1 billion, which is more than fifty times lower than Dogecoin and Shiba Inu.

Media Contact Details:

Company: EverGrow Coin
Website: https://EverGrowcoin.com/
Email: contact@evergrowcoin.com
Telegram: https://t.me/EverGrowcoin
Twitter: https://twitter.com/EverGrowcoinEGC
Facebook: https://www.facebook.com/EverGrowcoin/
Reddit: https://www.reddit.com/r/EverGrowcoin/

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