Fintech
EverGrow Coin Set to Become The Next SAFEMOON, Reaches 45K Holders and $600 Million Marketcap
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The crypto market has seen its best performance during the pandemic, which has completely changed the way people view themselves as investors. Projects like SAFEMOON, DOGECOIN, SHIBA INU, and others have changed many lives with over 100x returns.
The next Safemoon “EverGrow Coin” is already leaving its footprints and breaking many records. EverGrow is the first yield-generating token that offers rewards in BUSD. Unlike other crypto projects, EverGrow Coin has already excelled in various fields and has shaken up the market with its world-class token distribution strategy.
The reason for this revolutionary growth is originally the team behind this project. The impressive growth is evident in the fact that it has reached 45,000 holders in just 1 month after launch and has already paid out $8 million to holders of its native token, $EGC. With such an outstanding track record, the project has also reached a market cap of $600 million, which is remarkable.
Highlighting Features of EverGrow Coin:
8% Reward in BUSDR: The revolutionary thing about EverGrow’s smart contracts is that 8% of each transaction is distributed among all holders of $EGC in BUSD. The special feature of EverGrow Coin that attracts its community, besides the percentage, which is one of the highest in the industry, is the conversion into Binance BUSDs. BUSDs are among the most trusted tokens for cryptocurrency enthusiasts because they are one step closer to fiat currencies. When it comes to cryptocurrencies, stable coins offer the best of both worlds by addressing concerns about volatility while providing the same digital advantage in transactions.
Buy-back: another feature that attracts customers the most is the robust price stability provided by the efficient multiple buyback feature. EverGrow levies a 3% tax on each traction to support the buyback feature and sends these tokens to a designated wallet called the “buyback wallet”. These tokens are immediately removed from circulating supply, driving up the price and creating green candles on the price chart.
Re-imagined NFT Lending Services: Other classes of attractive services offered by the platform are related to NFTs. NFTs stand for unique digital assets such as digital artworks, trading cards, image files, video clips, real estate assets, etc. These digital assets are traded on a unique platform called the NFT marketplace. The EverGrow platform aims to develop one of the largest BSC-based NFT marketplaces in the world. Users will create new NFTs, sell and buy their NFTs safely and cheaply on this marketplace.
Decentralized NFT marketplace: the EverGrow team is also working on the world’s first decentralized NFT lending platform. The platform will be based on BSC, which will allow NFT owners to lend their NFTs as collateral at low-interest rates without having to sell them. In this way, individuals can earn money simply by lending their NFTs.
Play to Earn: Another popular feature that will make the EverGrow platform even more popular is play-to-earn games. At this point, the crypto gaming industry already has a market revenue of more than $321 million, and around 41.9 million players own crypto. The EverGrow ecosystem will develop numerous products using its unique NFT platform to increase EGC tokens and their trading volume.
EverGrow Coin was founded with the goal of providing better services to the end-user and meeting the needs of like-minded people. The recent IPOs of crypto-origin companies like Coinbase Global Inc. have attracted retail investors and the mainstream audience to the crypto space. This is finally making people realize that not investing in cryptocurrencies is a FOMO. EverGrow Coin has ideally capitalized on this sentiment to gain maximum adoption. The platform is continuously working to provide cutting-edge cryptocurrency services to its investors, and soon it will lead the crypto industry with its novel business tactics and become the next Safemoon.