EverGrow price rises 2x faster than Dogecoin in November

Dogecoin started November on a high – prices grew 130% to hit $0.14.

But then the Dogecoin price crashed as always after a spike. Within days, Dogecoin was down to $0.074. Since then the Dogecoin price has risen 26%.

But this price rise is much slower than EverGrow, which has grown over 43% in November. 

EverGrow is built to keep on increasing in price. In a bear market month, it appears to be working.

EverGrow burns 2.7 trillion tokens in November 

If you haven't heard of EverGrow, you've probably heard of burning tokens. It's the top popular method for fans of Shiba Inu and LUNC to reach a $1 price.

It's also one of Dogecoin's top criticisms – DOGE is inflationary, growing at 5 billion DOGE per year.

EverGrow just significantly ramped up its burn rate in November. It burned 2.7 trillion tokens accounting for 0.6% of the circulating supply. The token burn has worked as EverGrow outperformed the rest of the crypto market in a month where crypto struggled among FTX's collapse and no further noise from Elon Musk about DOGE's role in Twitter.

EverGrow is trading now at $0.0000001 and it's token burning puts it on track for 100%+ ROI in the months to come.

You can read about or buy EverGrow here.

How does EverGrow burn so many tokens?

EverGrow charges a transaction tax of 14%, which is split as follows:

• 8% converted into BUSD and distributed among all wallets ($38+ million paid to date)
• 2% to burn tokens (507 trillion burned at genesis and 28 trillion burned in last 12 months, or 6% of circulating supply)
• 2% for ecosystem development (NFT marketplace launched)
• 2% to fund liquidity (you can only buy EverGrow on PancakeSwap using BNB or BUSD)

The tax might seem a lot, but EverGrow incentivises investment by passing stablecoin passive income. It's also set up an innovative way to keep on burning tokens.

EverGrow launched an NFT marketplace in September called LunaSky. It's the first marketplace in crypto to send 100% revenue towards buying and burning a native token – in this case, EverGrow.

In November, EverGrow started burning tokens with LunaSky revenue: around $12,500 per day has been buying and burning EverGrow. The EverGrow price has risen 43%.

In the meantime, Dogecoin has added about 500 million DOGE to its supply. Every month, a Dogecoin price of $1 requires about $500 million more investment to get there.

If you're looking for a token that has a better chance of getting there, buy EverGrow today.