Thursday, 14 April 2022 09:00 AM
Company Update
NEWARK, DE / ACCESSWIRE / April 14, 2022 / EverGrow Coin has rocketed 22% in price in mid April 2022 just hours after it listed on the DigiFinex crypto exchange.
EverGrow Coin was trading at $0.000000359 yesterday, but now has a price of $0.000000438 on DigiFinex as it rockets towards the top 50 coins traded on the exchange today (April 12). The 22% growth far outpaces any coin currently in the crypto top 50 rankings by market cap.
The DigiFinex exchange is showing the greatest EverGrow Coin demand currently, as the EGC price is $0.000000379 (according to PooCoin) across all markets.
EverGrow Coin has rocketed 6% in price across all markets. Source: PooCoin.
What is EverGrow Coin?
EverGrow is a reflection token on the BNB Chain, which pays out daily stablecoin BUSD rewards to investors financed by a 14% transaction tax. According to EverGrow Coin's dashboard it has paid over $36 million in BUSD since launching in September last year.
A total of 8% of the transaction tax goes towards BUSD reflections, with 3% transferred into the liquidity pool on PancakeSwap, 2% used for strategic coin burns and 1% put towards marketing.
EverGrow Coin's DigiFinex listing is just one part of a number of major drops this April 2022. The project's official Twitter has teased two more announcements are due soon. These are likely to include the launch of an NFT marketplace on the Binance Smart Chain, an EverGrow Coin crypto wallet and/or a new content subscription platform called Crator.
The applications are designed to further increase rewards for EverGrow Coin investors, by redistributing profits either 100% as BUSD like a dividend or for strategic coin burns.
What $2 million DigiFinex trading volume means for EverGrow Coin
EverGrow Coin is currently showing a trading volume of $2.28 million on DigiFinex, making it one of the top traded coins today (April 12). EverGrow Coin's chairman Sam Kelly said on Twitter a few hours ago (when volume was $1.1 million) that the surge would see $35,517 set aside for the buy back & burn mechanism.
"That is over 5x our current daily average for BB+B revenue," investment expert Sam Kelly said. This has likely doubled by now and means the EverGrow Coin team have significant capital to buy up EGC and send it to a burn wallet. This mechanism will further boost EverGrow Coin's price while also generating more BUSD reflections for investors.
According to Sam Kelly: "We are going to have some serious funds to play with."
What is the DigiFinex crypto exchange?
DigiFinex is the number 7 top crypto exchange, according to CoinRanking.com. The exchange lets users buy and trade Bitcoin, Ethereum, Ripple and more than 300 altcoins. According to CoinMarketCap, the DigiFinex exchange has seen a $5.6 trading volume in the past 24 hours.
DigiFinex launched in 2017 and is currently headquartered in Singapore. The development team come from top technology companies like Xunlei, Tencent, Baidu and HP. The exchange has more than 4 million users globally.
Contact:
EverGrow Coin
[email protected]
https://evergrowcoin.com/
SOURCE: EverGrow Coin