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EverGrow Burning Tokens 47x Faster Than Luna Classic In November

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EverGrow Burning Tokens 47x Faster Than Luna Classic In November

Luna Classic pumped over 500% in price in September following news that Binance would implement the controversial 1.2% burn tax.

Bullish sentiment appeared to be on point as Binance burned 5.6 billion LUNC tokens in the first week of the tax going live. Added together with LUNC burning from crypto exchanges and on-chain transactions, the total burn for October 1-7 was 7.1 billion LUNC – according to Terrarity.io.

At that rate, Luna Classic (LUNC) could have reached a price $0.1 within the next 20 years.

But it wasn’t to be.

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The LUNC community voted to slash the burn tax from 1.2% to 0.2%. A further 10% cut of all burn funds was also voted to be used for ecosystem development. As a result the LUNC burns for November 1-15 totalled just 1.6 billion. 

At this rate, LUNC would be looking to hit a price of $0.1 in over 300 years.

Read more about EverGrow here: https://evergrowegc.com/

 

EverGrow burns 47x more of its supply than LUNC in November 

EverGrow is famous for its high transaction tax. You pay 14% of every buy or sell in a tax to the EverGrow community. The tax funds burning tokens, paying BUSD passive income to investors, funding liquidity and developing the ecosystem.

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Just 2% of every transaction is set aside for burning EverGrow – but this tax destroyed 5% of the circulating EverGrow supply in the past 12 months.

That impressive EverGrow burn rate has just been significantly ramped up. 

While Luna Classic has taken half of November to burn 1.6 billion tokens (or 0.003% of circulating supply) EverGrow has burned 670 billion in the past week alone (0.14% of circulating supply).

That’s 47 times more circulating supply burned in half the time.

Read more about EverGrow here: https://evergrowegc.com/

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EverGrow on track for $0.01 in next 20 years – it’s worth just $0.00000009 today

How does EverGrow do it?

EverGrow uses a further 2% cut of the 14% transaction tax to fund ecosystem development. The funding led to the launch of an NFT marketplace called LunaSky in September. But there’s a twist. LunaSky sends 100% of its revenue to buying back and burning EverGrow.

More than $250,000 was collected in the first few weeks of LunaSky going live back in September.

Those funds have only just been deployed via smart contracts. Every hour, EverGrow is burning $500 worth of EGC. By the end of the month it’s estimated that 3 trillion EverGrow tokens could be destroyed – or 0.6% of the circulating supply. 

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Meanwhile, according to Terrarity, just 0.4% of the LUNC circulating supply has been destroyed since May.

If EverGrow can consistently burn 3 trillion tokens every month here on out it could destroy enough supply to get a price of $0.01 in the next 20 years.

That’s an increase of 11,111,000%. 

The EverGrow burn rate will get a further boost in 2023 as EverGrow drops a crypto-integrated social media app (Crator), a wallet, a swap and partners with The Abstract to create a play-to-earn metaverse gaming experience.

Once investors learn of the EverGrow roadmap, it won’t take long for EverGrow to pump in price and become a top 50 project. It has just a $40 million market cap today – so don’t miss out!

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Read more about EverGrow here: https://evergrowegc.com/

The post EverGrow burning tokens 47x faster than Luna Classic in November appeared first on Analytics Insight.

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EverGrow

EverGrow Will Always Beat Dogecoin For THIS Reason

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EverGrow Will Always Beat Dogecoin For THIS Reason

A new cryptocurrency is shining a spotlight on the biggest problem with Dogecoin.

It’s not that Dogecoin is a meme coin. Nor is it that Dogecoin has no real-world value. It’s that Dogecoin is inflationary with supply growing at 5 billion DOGE each year – or 4% of total supply.

What does Dogecoin inflation mean for investors?

If you’re thinking of HODLing Dogecoin until it hits $1, this question is for you. Every year the $1 goal gets further and further away because the market cap required for a $1 Dogecoin increases by $5 billion.

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For context, the Dogecoin market cap is under $10 billion today. So you’re asking for half the current entire market cap added on every year. It’s a big ask.

Meanwhile EverGrow is burning tokens so fast it’s on track to hit $0.001 to $1 in the next decade. 

Read more about EverGrow here: https://evergrowegc.com/

 

EverGrow ecosystem burns 1 trillion EGC tokens in 10 days

The EverGrow burn rate just got ramped up 5,750% in November. 

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How? EverGrow launched an NFT marketplace. And not just any NFT marketplace – LunaSky is the first marketplace in crypto to dedicate 100% of revenue to buying and burning a native token.

Let’s see how this works.

The burning from LunaSky funding began on November 9th. Every hour, $500 of EverGrow is bought and burned from supply. The burning will continue until the end of the year until excess revenue is burned off – so far at least $150,000 has been spent, which is a huge amount for EverGrow with a market cap of just $40 million.

While the burn is on, the EverGrow price will be ripe for a breakout – especially with BNB as a liquidity pair on PancakeSwap. You cannot buy EverGrow on centralised exchanges, only on PancakeSwap. So any spike in the BNB price would send EverGrow skyrocketing.

If you’re interested in ROI higher than Dogecoin, supported by actual real-world value, then you need to get EverGrow into your portfolio today. 

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Read more about EverGrow here: https://evergrowegc.com/

 

EverGrow to $0.001 in a decade?

To hit $0.001, EverGrow would need to grow over 1,110,000%.

Such insane growth would 1,000x any investment you make today. For example you could turn $100 into $1 million of this. It’s the kind of growth that minted Bitcoin and Dogecoin millionaires before they became household names.

The crazy thing is that EverGrow is on track for this kind of growth. By burning tokens alone!

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First of all, you need to understand the EverGrow tax:

  • 8% is converted into Binance USD and paid to all holders – $38 million paid to date
  • 2% is used to buy back and burn EverGrow – 5% of the circulating supply burned in the past 12 months
  • 2% is used to fund the EGC/BNB liquidity pair on PancakeSwap
  • 2% is used for ecosystem development

It’s a high tax. But it’s a tax that both encourages long-term investing and discourages rapid buying and selling – the latter is what so often causes Dogecoin to crash in price. But with EverGrow there’s an incentive for large investors to keep on holding, because they are earning passive income.

Many EverGrow investors who bought EGC a year ago have already made their entire investment back in passive income – even if that investment was $1 million.

Couple this with the burning from LunaSky, and there’s a recipe for rampant price breakouts. The EverGrow burn will be supplemented even further in 2023 when a new application drops – the Crator social media and crypto-powered subscription app – and sends 100% of its revenue to buying and burning EverGrow.

With every passing year, EverGrow gets closer to giving you incredible ROI. Whereas with Dogecoin, every passing year makes it harder and harder to reach your investment goals. That’s why EverGrow is soon to become a top 50 crypto – and you have the chance to now get a slice before prices start pumping.

Read more about EverGrow here: https://evergrowegc.com/

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The post EverGrow will always beat Dogecoin for THIS reason appeared first on Analytics Insight.

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EverGrow

EverGrow Burn Rate Rockets Past Luna Classic – Tipping Point?

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EverGrow Burn Rate Rockets Past Luna Classic – Tipping Point?

Did you know the Luna Classic (LUNC) burn rate has fallen -89% in November?

In case you missed it, the LUNC community voted to cut the transaction tax from 1.2% to 0.2% at the end of October. The vote was in the name of ecosystem development – a transaction tax could discourage traders to buy and sell LUNC. 

But is the result really worth it for existing LUNC investors? 

 

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LUNC burn rate falls -89% in November

More than 18.5 billion LUNC tokens entered burn addresses in October. In November so far, just 2.1 billion LUNC has been burned. The difference is that instead of burning LUNC supply down to bring it within range of a $0.1-$1 price in the next 20 years, you’d now need to wait 100 years.

Now, LUNC needs a market cap of $600 billion to hit a $0.1 price – i.e. double the Bitcoin market cap. That’s not going to happen anytime soon.

Meanwhile, the burn rate of leading deflationary token EverGrow is up a massive 5,750% in November. EverGrow is on track for $0.001 to $1 price within the next 20 years – and it’s only worth $0.00000009 today!

LUNC cut the burn tax to help ecosystem development. But EverGrow is aiming to do both.

Read more about EverGrow here: https://evergrowegc.com/

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EverGrow burn rockets 5,750%

EverGrow has a transaction tax of 14%. It’s a high tax for many newcomers. So here’s how it breaks down:

  • 8% converted into Binance USD and paid to all holders – $38 million BUSD paid to date
  • 2% used to buyback and burn EverGrow – 5% of circulating supply burned in past 12 months
  • 2% used to fund BNB/EGC liquidity pair on PancakeSwap – you can only buy EverGrow on PancakeSwap to ensure the tax is paid fairly
  • 2% used for ecosystem development

The 14% total transaction tax is a lot to pay when buying and then selling EverGrow for a profit. But the tax makes long-term holding very, very worth it. Especially when the ecosystem properly launched in September – and the burn rate has rocketed 5,750% in November as a result.

EverGrow burned 22 billion EGC tokens in October. In November so far, EverGrow has burned more than 1.3 trillion tokens – a 5,750% increase.

If EverGrow continues to burn at this rapid rate it could be on track for a price of $0.001 to $1 within the next seven years. At a current price of $0.00000009, we’re talking a minimum ROI of 1,110,000%. 

How is this possible?

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Read more about EverGrow here: https://evergrowegc.com/

 

EverGrow burning $500 every hour

In September, EverGrow launched the first NFT marketplace where 100% of revenue is used to burn a native asset – i.e. EverGrow. The marketplace (LunaSky) as well as sales of EverGrow NFTs (100% going to burn EverGrow) is directly responsible for EverGrow’s exploding burn rate.

LunaSky revenue was deployed via smart contracts to buyback and burn $500 of EverGrow every hour in November – likely until the end of the year. 

Anyone buying EverGrow now access low prices before the next wave of investment dramatically shoots the prices up. Investors today will also access EverGrow before the next application – a crypto-integrated social media platform and content subscription app, Crator – goes live and sends 100% of revenue to buyback and burn EverGrow.

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EverGrow is only worth $0.00000009 today. Anyone considering a LUNC purchase for maximum ROI should read up on EverGrow, because it has a mechanism that will continually raise prices. It won’t just pump and dump like happened with LUNC.

EverGrow is a DeFi revolution. One where rewarding the community, and building that community, are the biggest objectives.

Join that community today!

Read more about EverGrow here: https://evergrowegc.com/

The post EverGrow burn rate rockets past Luna Classic – tipping point? appeared first on Analytics Insight.

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EverGrow Burning Tokens 2,400x Faster Than Shiba Inu In November

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EverGrow Burning Tokens 2,400x Faster Than Shiba Inu In November

Shiba Inu is having its worth month on record for burning SHIB.

Just 275 million Shiba Inu has been destroyed this November 2022. If Shiba Inu followers can’t burn more than 882 million SHIB this will be the worst month since July 2021. 

At such a slow burn rate the chances of burning Shiba Inu until SHIB is worth even $0.01 is over 50,000 years away – according to Shiba Burn Tracker. That’s because there are currently 590 trillion Shiba Inu tokens in circulation. 

With no new plans to ramp up the SHIB burn rate, other projects like EverGrow are taking over.

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EverGrow just deployed a revolutionary new revenue stream for burning EGC tokens, and in just a week has already burned 2,400 times more supply than Shiba Inu this whole month. 

Here’s what you need to know.

Read more about EverGrow here: https://evergrowegc.com/

 

EverGrow burn rate leaves Shiba Inu in the dust

EverGrow is known for its high transaction tax. You pay 14% of every buy or sell back to the EverGrow community for a mixture of burning tokens, paying BUSD passive income to investors, funding liquidity and developing the ecosystem.

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Just 2% of every transaction is set aside for burning EverGrow – but this burned 2.5% of the initial EverGrow supply in the past 12 months.

Meanwhile Shiba Inu has burned just 0.01% of the initial SHIB supply in the past 12 months.

That impressive EverGrow burn rate has just been significantly ramped up. Both Shiba Inu and EverGrow have an initial supply of 1 quadrillion. But while Shiba Inu has taken half of November to burn 275 million tokens, EverGrow has burned 670 billion in the past week alone.

That’s 2,400 times more tokens burned in half the time.

Read more about EverGrow here: https://evergrowegc.com/

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EverGrow on track for $0.01 in next 20 years – it’s worth just $0.00000009 today

How does EverGrow do it?

With a further 2% of each transaction funding ecosystem development, EverGrow has made great use of this to launch an NFT marketplace called LunaSky. But there’s a twist. LunaSky sends 100% of its revenue to buying back and burning EverGrow.

More than $250,000 was collected in the first few weeks of LunaSky going live back in September.

Those funds have only just been deployed. Every hour, EverGrow has automated a feature that burns $500 worth of EGC. By the end of the month it’s estimated that 3 trillion EverGrow tokens could be removed from supply.

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The EverGrow supply is currently 467 trillion tokens. So if EverGrow can consistently burn 3 trillion tokens every month here on out it could destroy enough supply to get a price of $0.01 in the next 20 years.

That’s an increase of 11,111,000%. 

The EverGrow burn rate will get a further boost in 2023 as EverGrow drops a crypto-integrated social media app (Crator), a wallet, a swap and partners with The Abstract to create a play-to-earn metaverse gaming experience.

Once investors learn of the EverGrow roadmap, it won’t take long for EverGrow to pump in price and become a top 50 project. It has just a $40 million market cap today – so don’t miss out!

Read more about EverGrow here: https://evergrowegc.com/

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The post EverGrow burning tokens 2,400x faster than Shiba Inu in November appeared first on Analytics Insight.

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