Cryptocurrency

Dogecoin, Baby Doge and EverGrow Coin make waves on the BNB Chain

Market Trends

BabyDoge, Dogecoin, and EverGrow Coin are making waves on the BNB Chain this July 2022.

Dogecoin is the top 10 cryptocurrency well known for minting millionaires through the course of last year. Baby Doge Coin is the BNB Chain native token that has become one of the top 10 smart contracts used on the blockchain network.

EverGrow Coin has become the top reflection token on the BNB Chain, offering BUSD passive income to thousands more investors each month.

This 2022 the three tokens are likely to be at front of the next bull market.

EverGrow Coin – more than $37 million BUSD rewards

EverGrow Coin is making its name as the top reflection token on the BNB Chain – and in the cryptocurrency space as a whole.

The token only launched in September last year, and has already rewarded more than $37 million to investors, more than any rewards token. That $37 million is not the dollar-value of a native token but $37 million in Binance-peg USD (BUSD).

EverGrow Coin charges a 14% transaction tax from which 8% is distributed as rewards every day. A further 2% is kept back for strategic coin burns which have already removed 53% of the initial EverGrow Coin supply from circulation.

At the peak of daily trading volume, BUSD rewards totaled nearly $1 million in under 24 hours. EverGrow Coin will maintain even higher daily trading volume within months after it launches the LunaSky NFT marketplace and Crator content subscription platform. 

EverGrow Coin has a market cap nearly a third the size of Baby Doge Coin (just $60 million) and still a lot of room to grow to become the best know crypto for passive income on the BNB Chain.

Baby Doge Coin becomes top 10 used smart contract

Baby Doge Coin has become one of the top 10 used smart contracts on the BNB Chain used by BSC whales. 

The Baby Doge holder count has also hit an all-time high with more than 1.58 million holders. Baby Doge Coin has a value of $0.000000001374 with 24-hour trading volume at $2.6 million.

Baby Doge Coin was built in admiration of the Dogecoin cryptocurrency – a top 10 crypto by market cap with a price of $0.06411 today. While Dogecoin has minted hundreds of millionaires in its rise to the top of the crypto market, it also suffers from the problem of inflation.

Baby Doge Coin is instead hyper-deflationary, with 5% of each transaction redistributed to coin holders and 5% set aside for coin burning. More than 30% of the initial Baby Doge Coin supply has been removed from circulation with coin burning. 

Crucially, Baby Doge Coin is built on the BNB Chain. 

The BNB Chain powers the Binance ecosystem which includes the world's largest crypto exchange by trading volume. This makes Baby Doge Coin and EverGrow Coin even more lucrative for investors in 2022 as Binance cements its place as one of the top business' in the crypto space. 

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