🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

The Next Shiba Inu, EverGrow Coin Is Changing the Very Face of Crypto Space

Published 11/04/2021, 06:39 AM
Updated 11/04/2021, 07:00 AM
The Next Shiba Inu, EverGrow Coin Is Changing the Very Face of Crypto Space

  • EverGrow Coin became the subject of discussion among crypto experts and insiders.
  • Some experts are saying that EverGrow Coin is changing the very face of crypto.

Launched just 5 weeks ago, EverGrow Coin, became the subject of discussion among crypto experts and insiders. According to the crypto community, the autonomous frictionless yield farming and liquidity generation protocol is changing the very face of crypto, and the ramifications will be felt for many years to come.

Backed by a team of experts and well-known professionals from finance, blockchain, and marketing sectors, EverGrow Coin has many features, which the firm claims have set it apart from other projects and led to the platform being the fastest growing project in the crypto space.

In addition, the team highlights that one of their most popular features is that it rewards holders with Binance pegged US dollars (BUSD). In short, EverGrow Coin automatically converts rewards into a stable currency and pays them to its users.

Note that the company has paid out a whopping $18 million in rewards to holders in just a few weeks after its launch. Unlike similar projects which pay rewards in their native tokens, the EverGrow Coin team says its users can receive their rewards in BUSD stablecoins automatically. What’s more, users can transfer these stablecoins out of their wallets and spend or use them to buy more EverGrow or other cryptos.

Aside from other features, the contract also has a Buy Back & Burn feature. This feature buys EverGrow coins and sends these tokens to a burn address. Thus, it helps increase the value of the crypto and investors’ holdings.

Recently, the team announced the launch of several projects, including a decentralized non-fungible token (NFT) lending platform in the coming weeks. As the platform is built on BSC, the team notes that it lets NFT owners borrow against their digital artworks as collateral without selling them. Adding to this, EverGrow Coin is also launching play-to-earn games, and a crypto-integrated creators’ space that many crypto experts consider as OnlyFans’ rival.

Overall, EverGrow Coin reached 80,000 active users in just 5 weeks. And with a current market cap smaller than memecoins like Safemoon, Dogecoin, and Shiba Inu, many analysts are identifying EverGrow Coin as the value investment in the cryptoverse for 2021.

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.