Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Floki Inu to EverGrow Coin—the Next Gen of Hyper Deflationary Tokens

Published 11/19/2021, 10:39 AM
Updated 11/19/2021, 11:00 AM
Floki Inu to EverGrow Coin—the Next Gen of Hyper Deflationary Tokens

Floki Inu to EverGrow Coin—the Next Gen of Hyper Deflationary Tokens

  • Floki Inu competes with Dogecoin and Shiba Inu.
  • EverGrow Coin is the next generation of hyper deflationary tokens.
  • EverGrow Coin broke crypto records within 7 weeks of launch.

Floki Inu, a meme coin launched in August, is competing against the ‘big dogs’ in the meme crypto market–Dogecoin and Shiba Inu. Named after a dog owned by Elon Musk, FLOKI has a maximum token supply of 10 trillion having 9.21 trillion currently in circulation.

On the other hand, as a 7-week old crypto, EverGrow Coin has already surpassed a lot of previous crypto records. It achieved a $1 billion market cap, gave away $23 million in BUSD rewards, and exceeded 100,000 holders.

EverGrow Coin is eventually going to be more scarce over time, and its new and improved contract pays out Binance-pegged USD rewards, which is a regulated steady coin. After its launch, holders have already received rewards worth more than $25 million.

In the future, the EverGrow team visualizes an ecosystem consisting of an NFT Marketplace, NFT Lending Platform, Play-to-Earn Games, Content Subscription Platform, and Staking Pools. The plan was devised to pay significant BUSD rewards to holders while enticing a constant flow of potential investors.

Furthermore, the team only takes 1% of the total coins traded as funding for marketing and development. This revenue can only be generated when holders are getting their 8% BUSD. Meanwhile, 52% of the EGC token supply has been burned and removed from circulation permanently.

According to an official announcement, Recently EverGrow Coin got listed on Bitmart, where users from over 200+ can Buy/Sell/Trade EverGrow Coin. At the time of writing, FLOKI trades at a price of $0.00020404 and EGC at $0.00000146.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.