Want a crypto fortune from $500? Forget Luna Classic

Want a crypto fortune from $500? Forget Luna Classic
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Most people get into crypto after seeing someone else make a ton of money.

Take the original Terra Luna. Luna launched in the summer of 2019 around the price of $1. Had you put $500 into Terra Luna back then, you would have ended up with $58,000 worth of Luna in early 2022.

If you've not yet built an investment portfolio and can only put aside $500 right now – or a little amount every month – this kind of success can get you well on your way to a crypto fortune. 

But will you really get there with Luna Classic (LUNC)? 

Here's why EverGrow is a better investment. 

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

Key elements to make a winning crypto investment 

Luna Classic leapt back into the crypto top 50 in September after pumping 500% in price. There was hype that LUNC could somehow rise from the ashes – but LUNC has since fallen -73% again. 

Had you put your $500 in at the wrong time you'd be sitting on $133 right now. There are thousands of people in this situation right now hoping that LUNC will rise again. 

But they forgot key elements that made Terra Luna a winning crypto investment in the first place:

  • Investors who got huge ROI off Luna bought in before the token was well-known
  • Investors took a risk on a small cap cryptocurrency – rather than FOMOd in after the prices already took off
  • Investors who got rich on Terra believed in the project – rather than invested on pure hope

The best way to use your $500 is to invest in a small project with potential to grow. With LUNC, there's no clear roadmap for investors to get behind. It's easy to feel you're missing out on a LUNC pump – but think about it.

Would you rather build your investment portfolio based on sound wisdom, analysis and knowledge? Or would you rather base your investment on hope? 

In the long run, it's the former which will help you develop an investment strategy that can turn $500 into tens and hundreds of thousands of dollars. Here are three reasons why EverGrow is a great place to start.

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

1. EverGrow is a small cap cryptocurrency in prime position for breakout 

EverGrow has a market cap of $40 million in November 2022. 

The token launched in the bull market of last year and shot to $1 billion market cap. The collapse of the crypto market has hit DeFi cryptocurrency projects hard – but also makes right now a perfect time to invest in projects like EverGrow.

The market is down. No one is watching. Cryptocurrency projects like EverGrow are at the stage similar to Terra Luna before its first breakout. It's people who bought in at times like this that made explosive ROI.

For EverGrow to recover $1 billion market cap it would grow 2,000% (from $0.0000001 to $0.000002). 

That would turn $500 into $10,500.

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

2. EverGrow pays passive income to holders

EverGrow's main selling point is stablecoin passive income.

To buy or sell EverGrow you pay a 14% transaction tax. It's a high tax. But 8% of that is converted into Binance USD and paid directly to all holder's wallets.

This tax can be off-putting. But it's there to protect the community from price manipulation: just a few large LUNC wallets pumped the LUNC price in September before taking millions of dollars of profits.

With EverGrow, once you're holding, you'd earn a piece of large buys and sells in your wallet.

That's why EverGrow has paid out more than $38 million to holders – despite having a market cap of almost the same size.

A $500 EverGrow investment today might not be making a lot of passive income, just about $1.50 a month in BUSD. But EverGrow passive income is dependent on trading volume – this hit $10 million a day in the last bull market so your $500 EverGrow investment today could be making at least $250 per month passive income when a similar bull market returns.

Few crypto projects can offer you both a price increase and passive income potential worth 50% of your investment every month – only possible if you buy at low prices.

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

3. EverGrow continuously increases in price 

In September, EverGrow dropped a crypto first: an NFT marketplace which rewards 100% of revenue back to holders.

In this case, all profits from the LunaSky NFT marketplace are used to buyback and burn EverGrow tokens. EverGrow already burns around 5% of its supply each year from a 2% cut of the 14% transaction tax – the marketplace adds an extra revenue stream.

In 2023, an EverGrow wallet, a social media-style app with crypto payments, and a metaverse experience in partnership with Objective Reality Studios will also launch.

Where EverGrow revenue is generated it will be pumped back into burning the token and raising the price. At a future date the team has said revenue will be used to directly fund passive income for holders. 

EverGrow is run by finance professionals with an aim to build the next generation of DeFi. It's based on real-world utilities – it's an ecosystem. 

It could be a fantastic part of your diversified portfolio. No matter how small you start.

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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