ECG or Evergrow crypto coin is a deflationary crypto token that is designed in such a way that it will get scarcer with time. The token is running on frictionless yield farming and a protocol for liquidity generation for making the increasing scarcity process automatic.
This evergrow coin was launched back in September 2021 on Binanch Chain, and it operates as a BEP20 token. Reward distribution in this ecosystem is 8%, and liquidity provision is 2%, which comes with a 3% strategic buy-back allocation. The anti-whale mechanism is another unique mechanism built into the digital protocol
What Is Evergrow Crypto?
EverGrow coin is a token intended for increasing its value as it is going to become scarcer with time. Users can get rewards for making every transaction with the token and store their tokens in suitable wallets. This decentralized platform is planning to build a user-friendly ecosystem that will allow its users to make transitions from traditional currencies to crypto effortlessly.
Regular crypto trading requires buying coins and waiting till their value rises so that users can make a profit after selling them. Because of that, prospects for making a profit are restricted to straightforward trading. EverGrow Crypto has a plan for implementing tokenomics, which lets users earn profits by holding the tokens and not liquidating them.
As a result, lets its users diversify their income by holding self-appreciating tokens and not only trading them. They make more profits when they retain more coins, but that depends on the utilities, trading volume, and the future of the token. The platform has its own native tokens, that is, ECG, which runs on Binance Smart Chain.
Features Of Evergrow Crypto
Before getting into details about the features this platform has, it is important to note these few points:
- The eligible ECG holders automatically get 8% of the transaction.
- The smart contract EverGrow has deposits of 3% from each trade in BNB and ECG form and locks it in a certified liquidity pool.
- For making a smart contract through a strategic repurchase reserve, 2% of every transaction is transferred.
- There is an Ananti-whale mechanism for making sure that users never offload more than 0.125% of the total ECG supply in one go. In cryptocurrency jargon, whales are institutions, exchanges, and individuals that own huge amounts of crypto tokens.
Besides giving tokenomics as a reward, the platform has various other features as well.
NFT Marketplace
Users can lend as well as trade all NFTs on this site. In this marketplace, users can make use of a mining tool to create their own NFTs with images, other data, and videos. NFT lending through EverGrow crypto is based on BSC and allows owners to borrow in return for their NFTs as collaterals and at market rates.
DApp and Swap Exchange
EverGrow Coin provides a dashboard for decentralized apps. It has a swap exchange that is user-friendly, along with options to earn rewards in real-time.
Staking Pools
This platform uses a unique set of smart contracts for staking. EverGrow coin has plans for shifting some of the liquidity for partnering tokens and increasing their value. Participants get tokens in return for their pool contributions.
Multiplayer Online Battle Arena Game/play-to-earn game
The platform has an online game where users enter a fantasy universe based on BSC and earn login prizes daily, NFTs, and cryptocurrencies while fighting other players, defeating foes, and fulfilling tasks.
EverGrow Wallet
This allows users to swap and trade their cryptocurrencies on a wallet designed for rewarding tokens along with traditional crypto financing.
EverGrow Exchange
This decentralized exchange platform is built to support the new cryptos and seamless integration of tokenomics. As a result, it allows holders to get rewards in both non-native and native digital currencies. It also allows swapping and trading of traditional cryptocurrencies.
Evergrow Crypto Price Prediction
Here is an approximate estimation for the price of Evergrow crypto that it can reach in the near future.
| Year | Minimum Price | Average Price | Maximum Price |
| 2023 | $0.000000138 | $0.000000169 | $0.000000216 |
| 2023 | $0.000000219 | $0.000000368 | $0.000000479 |
| 2025 | $0.000000486 | $0.000000612 | $0.000000724 |
| 2026 | $0.000000727 | $0.000000838 | $0.000000959 |
| 2027 | $0.000000963 | $0.0000016 | $0.0000024 |
| 2028 | $0.0000029 | $0.0000042 | $0.0000051 |
| 2029 | $0.0000053 | $0.0000067 | $0.0000084 |
| 2030 | $0.0000083 | $0.000013 | $0.000025 |
| 2040 | $0.0012 | $0.0027 | $0.0038 |
| 2050 | $0.14 | $0.22 | $0.35 |
Evergrow Crypto: Things That Need Improvement
Evergrow does seem to be coming from a really ambitious group of people. Despite its excellent cryptocurrency, Evergrow still has a lot of room for improvement. Most importantly, if it wants to come to the top 100 from its current rank of 733, it has to improve a lot. But how can EverGrow improve? We’ve gone through its pros and cons and found some areas of improvement –
Availability
The first thing that needs improvement is Evergrow’s availability. The token is not available on any of the most common exchange platforms. Only a few exchange platforms allow the trade of Evergrow cryptocurrency, and all of them only have a bare minimum amount of EGC coins for trade. Investors will surely find EGC on the LBank and Pancakes swap. But that’s about it. These platforms even have a very small quantity of EverGrow Cryptocurrencies.
It’s Relatively New
It is still too many miles away from being a completely developed blockchain, and the tokens need more popularity. The Evergrow project is still being built. Yes, the platform has been able to redistribute 37 million dollars already. However, for it to reach an optimum level of fame, cryptocurrency needs to be proven. It has to reach the billion-dollar club to gain more fame and be considered a safe investment option.
Market Cap
Both the market cap and the trading volume of the cryptocurrency are in at bad state. The currency has a very low trading volume, and the market cap of this currency is below 70 million. It still has a long way to go if it’s ever coming to the top and in between the ranks of 100.
Is EverGrow Crypto a Good Investment?
EveryGrow makes investing and earning easy and risk-averse for its users. How? By holding your cryptocurrencies in the wallet. EverGrow allows investors or owners of this currency to earn passive income by holding it in their wallets.
Well, if you think of trading any cryptocurrency, there is a risk of losing money. You never know what price you are going to get since the Bitcoin and the Cryptocurrency market is too volatile.
This is a Blockchain platform with different growing principles such as – community, transparency, reliability, and sturdiness. They provide a rich environment for the investors.
These long-term goals have a sizable percentage of the DeFi crypto community, which is built into the platform’s mechanism to back them up.
Is EverGrow the New Shiba Inu?
Shiba Inu has been a famous cryptocurrency for some time now. Thanks to its community of fans and dealers providing sufficient liquidity, its price has skyrocketed.
The price of Shiba Inu has fallen below the psychological level, and the holders who believe it to be the new DOGE killer have started piling it up and accumulating liquidity. This only implies that the price of Shiba Inu will not fall anytime soon.
Furthermore, the founder of Shiba Iny, Ryoshi, has recently revealed that Shiba Inu intends to add utilities and burn the Shiba Inu in the near future. Currently, Shiba Inu’s market cap is valued at $18 billion, which limits its growth possibilities.
Evergrow has been dubbed the new Shiba Inu, according to many analysts. It is sweeping the crypto market due to its low market cap.
Wrapping Up!
This platform considers rewards as the basic part of it. And EverGrow crypto gives incentives to its users for maintaining the ECG their wallet holds as well as earning rewards. The process of earning rewards while holding tokens is known as staking.
Users can also earn Binance-pegged USD incentives automatically by holding the coins. The eligible ECG holders get 8% of every transaction. These prize amounts automatically credits to their wallets. Moreover, they can manually claim it as well through the dashboard of DApp.
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