Posts

A Cion With Parabolic Price Move

avatar of @muratkbesiroglu
25
@muratkbesiroglu
·
0 views
·
2 min read

Today I would like to tell you about a coin whose price is doubling every two days. The coin I mentioned has been showing this performance for the last 18 days. It has been rising steadily since its launch and has already delighted many investors.

The name of the cryptocurrency is Evergrow and it is currently 2713th in the market capitalization ranking This shows that there is still a long way to go if demand continues. Evergrow describes itself as a “hyper deflationary token with USD reflections”. It can be bought and sold on PancakeSwap and Poocoin.app. The essence of the system is very high trading commissions. When buying and selling EverGrow, 14% is deducted from the investor. Thanks to this deduction, those who remain in the system get a high regular return in BUSD and the token is ensured to be deflationary.

For a few days, @chorock has been writing on the Evergrow(EGC) token. I wanted to buy it before but I had some issues with Pancakeswap. Last night, I finally had the opportunity to invest in the token.

Pros of the Token:

There is an avalanche of interest in the token. Therefore, the price doubles every two days and this situation continues for the last18 days. From a technical analysis perspective, the uptrend seems organic. (Of course, I'm not 100% sure about that) The logarithmic price chart is below.

  • The project currently provides a daily return of 5 BUSD on an EGC investment of $1000.

  • The website and the application where the awards are displayed are professionally designed.

  • The smart contract on which the system is built has been audited by the Techrate Audit Company.

  • An NFT Lending platform is promised to be established soon. Plans also include a Play-To-Earn game and NFT Marketplace.

Cons of the Token:

  • 14% deduction is made when buying and selling the token.

  • The system is still new and there is no guarantee that prices will continue to rise.

  • We do not know whether platforms that will provide utility to the token can be established.

Conclusion

Evergrow is a coin that deserves attention in terms of both token economy and price development. It could be a good choice for investors that prefer high-risk high-return investments.

I am not an investment expert. I wrote this article to share with you an investment decision I made.

Web Site: https://evergrowcoin.com/

Thank you for reading.

Image Source: https://undraw.co/