Dogecoin Hitting $1? New Deflationary Token Promises Bigger ROI

If you've lost money on Dogecoin in the past 18 months, you're not alone. 

Over 300,000 DOGE wallets went into the red as the price of Dogecoin slid from $0.08 to $0.075 in the past week. Hundreds of thousands more are still hanging on in the hope Dogecoin maybe integrates into Twitter and DOGE goes to $1.

Is it a smart investment plan? 

Can you handle the risk that Dogecoin falls out of the news cycle for the next year or two?

Cryptocurrency is full of groundbreaking ideas that can seize the spotlight. One of the industry's new tokens – EverGrow – has a plan to give more ROI than Dogecoin by building an ecosystem around it rather than waiting to become a part of one.

If you're interested in passive income, long-term investing and being a part of the DeFi movement, EverGrow could be a top ally in your crypto portfolio.

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

EverGrow ecosystem has paid $38 million back to holders 

One of Dogecoin's biggest risks is price manipulation by whales. Dogecoin whales have a huge power to send DOGE prices crashing down, as they take profits from breakout.

EverGrow aims to counter this risk two ways:

• By creating a 'whale tax' which limits the size of large transactions 
• By creating a 14% transaction tax so a portion of every sell goes back to the community

A tax of 14% is high to open a trade. But EverGrow makes it a price worth paying through DeFi methods to pay you passive income, for example. 

Passive income arrives in your wallet in Binance USD, converted from 8% of the 14% tax and distributed to all holders according to their position size. Is it a lot? Times are tough in the bear market and so an investment of $10,000 today would be making you around $32 a month.

But hold on a moment. In November last year just after launch EverGrow averaged a $10 million average daily trading volume. If you buy and hold $10,000 from today you would have the opportunity to earn over $6,000 a month.

That's $6,000 you earn in passive income. You can use it without affecting EverGrow position.

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

EverGrow ecosystem burns 1 trillion EGC tokens in 10 days

What about the rest of the 14% tax?

A 2% cut is used to buy EverGrow from PancakeSwap and burn it to the dead address. In the past 12 months EverGrow burned through 5% of its circulating supply like this.

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

With yet a further 2% of the 14% transaction tax – set aside for ecosystem development – EverGrow launched an NFT marketplace. LunaSky is the first marketplace in crypto to dedicate 100% of revenue to buying and burning a native token.

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 and LunaSky can become another regular contributor to burning EverGrow.

But 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, because otherwise the 14% tax can't be implemented.

EverGrow truly is leading a DeFi revolution. If you're interested in ROI higher than Dogecoin, passive income and the chance to be part of the DeFi vanguard, check out EverGrow today.

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