There has been exponential growth in the cryptocurrency market, leading many crypto enthusiasts to find themselves in good investments. On the other hand, there has also been a significant share of volatility, and this has led to increased losses.
Everything that has been taking place in the crypto industry leaves the question: What is the future of this industry, and who stands to make the most out of it? To answer this question, users must understand the different ways to take advantage of the industry.
These minor crypto initiatives are commonly referred to as “shitcoins” by the public. However, regardless of how they are seen or referred to, some emerge as viable ventures and reward early investors with large rewards. Evergrow is a minor cryptocurrency, but that doesn’t imply it lacks potential.
In an effort to give useful information, this post will go deep into how to buy EverGrow coin and what it has planned. With this knowledge, you can determine whether EverGrow crypto is simply another highly speculative investment or has the potential to become a useful element of your portfolio. We’ll also give you some information about the coin and its features. Stay tuned!
About EverGrow Coin
Before learning where to buy EverGrow coins, we need to know some information about them. EverGrow Coin (ECG) is among the biggest stable coin rewards in the cryptocurrency market today. This coin has its origins in the Binance Smart Chain, and it meets the BEP-20 standards, which is thought to be a schematic defining the usage rules.
EverGrow is different from other cryptocurrencies since it has a built-in token reward system that allows the buyer to earn income in USD passively, even when there is a slump in the market. Besides, it’s different from other crypto assets because it’s a hyper-deflationary token, meaning its market amount will gradually decrease over time.
Therefore, due to the scarcity of this coin in the market, its price will eventually increase due to an increase in demand. This was evident when the coin was being launched, as its total supply had been set at one quadrillion, with half of the tokens being sent to a burn address growing the value by about 4000%.
Since then, the coin’s value has decreased, but crypto enthusiasts still consider this coin a good long-term investment. Since its launch, this system has operated flawlessly, attracting numerous investors.
Most people may be wondering, besides where to buy EverGrow Coin, how EverGrow works. EverGrow generates stable income for its holders by rewarding them with tokens for every transaction they make. Every purchase or trade the investor makes receives a 14% transaction fee on their contract. Out of the 14%, 8% will be distributed back to the investors in BUSD.
This passive income is what ensures that the token is stable in the long term. The remaining 6% of the 14% is then split equally between buyback, liquidity pool, burn and marketing, and development. Another interesting aspect held by EverGrow is that both its founders and the team can generate their revenue through the same reward system used by investors. In such an instance, investors and creators of the ECG coin are hunched on the same goal. Let’s find out where to buy EverGrow Coin:
What Is EverGrow Coin?
EverGrow Coin (EGC) is a reflection token that was launched in 2021. It’s also the first cryptocurrency to “self-produce” its profits for investors.
Unlike Bitcoin and other popular cryptocurrencies, EverGrow’s primary goal is not to be a medium of exchange but rather an ecosystem in which EGC investors can profit by holding the EverGrow token.
On that note, EGC holders are entitled to an 8% reward on each purchase, transfer, or sale, while the reflections are paid in BUSD.
EverGrow currently has more than 139,000 holders/investors and has distributed over $37,000,000 so far.
How Does EverGrow Work?
Through a token rewards mechanism that activates each transaction, the EverGrow currency functions by providing its holders with a reliable passive income. The token’s contract charges a 14 percent transaction fee for each time an investor buys, sells, or trades the token. An amount equal to 8% of that fee is returned to investors in the form of BUSD, much like a dividend in traditional stock. Simply by holding it in a wallet, BUSD’s passive income maintains the stability of the token over the long term, even if the value of the EverGrow Coin itself fluctuates.
Equal shares of the remaining 6% are distributed among a liquidity pool, buyback and burn, development, and marketing. The project’s ultimate objective is for all net profits to be returned back to investors as passive income; but at this moment, 100% of net profits are going toward buyback and burn.
An intriguing feature of EverGrow is that its founders and team generate income and revenue through the same rewards program as investors. It means that both the investors and the coin’s producers share the same objectives; that is what EGC Chairman Sam Kelly has referred to as a “share in an ecosystem” coin.
Where to Buy EverGrow Coin?
There are currently four exchange markets where you trade EverGrow coins:
Keep in mind that there are no costs associated with trading EverGrow on Centralized Exchanges. Therefore you won’t be eligible for BUSD passive income payouts.
The Process of Buying EverGrow Coin
Getting your hands on EGC tokens is not as easy as buying, for example, Bitcoin or Ethereum. In other words, to purchase EverGrow coins, you’ll have to use BNBs (like with Elongate coin) or BUSDs and swap them for EGCs.
You can do this by downloading a wallet (such as Trust Wallet) and connecting it to PancakeSwap or swapping your BNBs on the EverGrow coin website.
The process goes like this:
- Download and install the wallet on your mobile device.
- Buy BNBs using your credit or debit card.
- Convert your BNBs to Smart Chain tokens.
- Link your wallet to PancakeSwap. Tap on “Connect Wallet” (on the right corner of the screen). Once your wallet is connected, you’ll have to find EverGrow coins.
Since this is a custom token, you won’t find EGC on the list. Therefore, tap on the “Select a Currency” option and put EverGrow’s address:
- Click on the “Import” icon and swap your BNBs for EGCs.
Is EverGrow Coin (EGC) a Good Investment?
Is it even worth learning how to buy EverGrow coins? Is EverGrow a shitcoin, or does it have potential? Looking at the roadmap, there could be a substantial upside if the developers can deliver. But that is the billion-dollar question. Can they deliver? The safest bet is to treat EverGrow as a shitcoin until it proves otherwise. Then as time passes, you can assess if the developers are delivering and if investor interest in EverGrow continues to grow. At that time, you can decide if EverGrow is worth your hard-earned capital.
EverGrow’s founders plan to make some changes during 2022 that could lead to potentially good news for investors. Here’s what’s at hand:
- Crator!: EverGrow’s content subscription platform
- EverGrow exchange
- NFT marketplace
- NFT lending platform
- Oracle-based NFT game
- Staking pools
- EverGrow wallet
While this shows great potential for the future, EverGrow is still considered a risky token due to its volatility.
Namely, the EGS’s price has fluctuated dramatically since its launch. For example, it managed to reach an all-time low of $0.00000005841, only to reach an all-time high of $0.000003379 in less than one month.
The situation was similar in 2022. On January 4, 2022, EverGrow was valued at $0.000002348, dropping to $0.000001033 on January 10, 2022.
When it comes to EverGrow coin price prediction, some believe it will reach zero (such as Gov.capital), whereas others claim its price will reach $0.000000525 by 2023 and $0.000000670 by 2025 (claimed by DigitalCoinPrice).
So should you invest in the EverGrow coin? It’s hard to say, but one thing is sure, EverGrow has created a new course for cryptocurrencies to move from being a new, decentralized form of money into a new era of passive income possibilities.
Video Tutorial: How To Buy Evergrow Coin?
EverGrow is an emerging cryptocurrency, and individuals searching for long-term investments could take advantage of its future projections and invest. We’ve looked at where to get an Evergrow coin and the processes involved in acquiring this token. However, you should also know that EverGrow is considered a volatile token. So if you’re thinking about investing in it, make sure to do your research first. We hope you know where you can get EverGrow Coin.
Frequently Asked Questions?
Where can I get EverGrow Coin?
PancakeSwap and BitMart are the places where you can buy EverGrow. BitMart does not serve US citizens, this example will employ PancakeSwap. You do not need to establish an account to use PancakeSwap because it is a decentralised exchange (DEX). All you need is a suitable wallet that can connect to the exchange.
How do I purchase EverGrow cryptocurrency?
EverGrow Coin may also be purchased on the LBank cryptocurrency exchange. To get the lowest EverGrow Coin price, use the PancakeSwap decentralized exchange. The current price of EverGrow Coin is $0.0000003477, and you’ll need to exchange BNB into EGC using Trust Wallet, MetaMask, or something similar.
Is EverGrow a meme coin?
Not only did it have Elon Musk’s support, but it was the first meme-based money that really worked. It even flipped Bitcoin for a brief while after its debut in 2013. Today’s crypto sector is crowded with over 12,000 candidates, all vying for a spot in the top 20.
How many EGC coins exist?
EverGrow coins, or EGC tokens, have a maximum supply of 1,000,000,000,000,000 or one quadrillion. As the EverGrow ecosystem’s native token, EGC is used for: Earning incentives in BUSD by holding EGC in their wallets.
What Blockchain is EverGrow running on?
The Binance Smart Chain was used to create the EverGrow Coin. Furthermore, it is the first Binance-pegged USD token (BUSD).