NEWARK, DE / ACCESSWIRE / October 25, 2021 / In just one month since launch, EverGrow Coin has broken all previous crypto records. Reaching 30,000 Holders, and sitting above a $150 million market cap, and is getting a lot of attention from the crypto community.
But why are so many experts, analysts, and indeed the crypto community citing that this is THE next big coin like Shiba Inu, DogeCoin, or Safemoon that came before it? The first reason is EverGrow’s revolutionary rewards system. 8% of all transactions are distributed amongst the community, but not in the token itself. The big difference is the rewards are given in Binance-pegged US Dollars. This means a stable passive income for holders, something tangible that can be spent, rather than just accumulating more coins.
EverGrowCoin, a relatively new but promising cryptocurrency, is winning in the race of innovations in the crypto space. Providing so many different ways to make a profit in more entertaining and engaging ways, EverGrowCoin has already established itself as a trusted brand among investors. Being a pioneer in the reward strategy with reflections in BUSD directly into the wallets of its users.
Highlighting Features Provided By the EverGrow Platform
EverGrow uses its multi-buyback feature to fight against the volatility of its currency. Buyback reduces the total token supply by buying them directly from exchanges and then removing them permanently from the market, which positively impacts the token price. Our Buyback is funded by a 3% strategic tax on every transaction, and tokens collected in Fee are converted into BNB and safely secured and kept in the EGC contract. EverGrow Coin offers two distinct BuyBack programs: Moonshot Buyback, which results in a large green candle on the chart. In comparison, the AutoBoost Buy-Back System discourages early sellers with modest buybacks. Every transaction contributes 2% to the liquidity pool for PancakeSwap, and it is automated and contributes to the establishment of a price floor (stability).
2% is added to liquidity: While 2% of every transaction is sent to PancakeSwap for Liquidity, PancakeSwap is a BSC-based decentralized exchange that fixes the low liquidity problems of DEXs through the liquidity Pool concept. A liquidity pool always contains a pair of tokens, which you can trade. The project’s Smart contract deposits 3% from every buy/sell transaction as $EverGrow and $BNB into a liquidity pool.
Anti-Whale System: this simple yet effective anti-whale mechanism deters huge sellers by limiting the max sale amount to 0.25% for a single transaction of the circulating amount. Swing trading, which plagues most cryptocurrencies, is also discouraged by applying 1% to all sales.
Apart from these fantastic token-related features, The EverGrow Ecosystem will develop several to increase the utility and volume of EGC Token, including Binance Smart Chain-based NFT Marketplace. With a lack of proper NFT marketplaces on the Binance Smart Chain (BSC), EverGrow Coin NFT Marketplace aims to fill this gap and launch its NFT Marketplace within just a few weeks. Again, this is unprecedented in a space that traditionally has very little rapid development from projects. The EverGrow NFT Marketplace aims to provide the largest NFT trading platform in the world with the best minting, buying, and exchanging experience. EverGrow Coin provides a beautiful combination of tokenomics with the NFT Ecosystem, unlike any other project in the crypto space.
The EverGrow Coin will also be launching its Content Subscription Platform that will allow fans to enjoy exclusive content from their favorite influencers and curators. The Content Subscription is built around EGC acting as the native currency and will allow fans to purchase subscriptions as well as tip curators in $EGC tokens directly.
With its unique NFT platform, the EverGrow Ecosystem will develop several products in its Ecosystem to increase the Utility of EGC Tokens and increase its trading volume. 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, people make money from them. Further, investors may purchase and sell NFTs, including those obtained via liquidated collateral from the NFT Lending platform at its BSC-based NFT marketplace. This creates a one-of-a-kind competitive market for buying NFTs at a discount to their average market value. The marketplace also features a minting tool, allowing users to generate their own NFTs using pictures, videos, and other data.
Being backed by a team of experienced blockchain specialists and entrepreneurs, it will not be an exaggeration to say that the EverGrow platform can dominate the crypto market shortly.
SOURCE: EverGrow Coin