Dogecoin saw a 21% price increase within just four hours following news that Twitter has agreed to a $44 billion takeover bid by the Tesla CEO Elon Musk.
EverGrow Coin also has links to both Tesla and SpaceX after releasing a series of branded NFTs to celebrate the launch of its new LunaSky marketplace.
The price of EverGrow Coin has grown a dramatic 20% in the past 24 hours to a price of $0.000000632 on the DigiFinex exchange. DigiFinex is currently the biggest crypto exchange to list EverGrow Coin, which launched just months ago on the Binance Smart Chain.
The EverGrow Coin price is at the highest it has been all April – shattering the previous price record of $0.000000538 at the beginning of the month.
EverGrow Coin is a hyper-deflationary token that also pays out BUSD rewards. A 14% transactions tax sees 8% redistributed every 6 hours as BUSD reflections to investors, while a further 2% is set aside for strategic coin burning.
Once a month, the EverGrow Coin team of investment professionals carries out a massive coin burn using revenue from its ecosystem of applications and the 2% transaction tax. Coin burns mean buying up $EGC tokens from the market and removing them permanently from the supply.
EverGrow Coin is expected to burn 0.5% of its total supply every month from here on out.
It's no secret that Dogecoin is a firm favourite of Elon Musk. Hence it's no surprise that Dogecoin is the fastest growing cryptocurrency today (April 26) in the immediate aftermath of Twitter approving Musk's takeover bid.
Dogecoin is one of just two crypto tokens to see overall gains in the past seven days, with the Dogecoin price up 13% according to CoinMarketCap.
Dogecoin is currently trading at a price of $0.1588. Just hours ago the Dogecoin price saw a daily high of $0.1673.
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