- EverGrow Coin: A Quick Introduction
- EverGrow Coin (EGC): Features And Tokenomics
- EverGrow Coin Price Prediction: Price History And Technical Analysis
- EverGrow Coin Price Prediction: Industry Experts
- Is EverGrow Coin A Good Investment? When Should You Buy It?
- Conclusion
EverGrow coin has proved to be one of the most valuable coins in the past. Let’s find out its future prices from our EverGrow coin price prediction.
EverGrow coin is the next evolution of the reflection token. EverGrow coin has successfully gained the attention of the crypto market and investors through its 8% reward from every buy, transfer or sell transaction. Investors are worried about the future price action of EverGrow due to the crypto winter, and here is our EverGrow coin price prediction with deep analysis to help you out about investment goals, EverGrow coin’s future prices, and developments.
EverGrow Coin: A Quick Introduction
EverGrow coin was launched in the crypto market with the aim of being an environment-friendly currency. EverGrow coin is the native yield-generating and governing token of the EverGrow protocol. The token is based on the BNB chain, and it claims on its website to be the first coin in the market for being a “self-generator” as it generates its own rewards for investors. Unlike popular coins such as Bitcoin and Ethereum, EverGrow’s primary motive is to function beyond an exchange. It aims to build an ecosystem that generates passive income for all users by simply holding the EGC token.
EverGrow project was founded and developed by Praveen Rai and Ajeet Singh, and it was launched on 25 September 2021. According to EverGrow’s website, investor Sam Kelly joined the developing team and was assigned as the board chairman. Let’s find out EverGrow’s current details to clarify our EverGrow coin price prediction better.
| Cryptocurrency | EverGrow |
| Symbol | EGC |
| Current Price | $0.0000001782 |
| 24 Hour Price Change | +11.31% |
| Trading Volume | $226,544 |
| Market Cap | No Data |
| All Time High | $0.000003379 |
| All Time Low | $0.00000005841 |
| EverGrow ROI | +13275.49% |
EverGrow Coin (EGC): Features And Tokenomics
EverGrow coin works on both proof-of-work (PoW) and proof-of-stake (PoS) utilizing the X15 algorithm. According to the EverGrow whitepaper, “EverGrow Coin is proud to be the world’s first Yield Generation token to reward its holders in $BUSD. It is establishing a new standard in DeFi Tokenomics with its innovative and game-changing token distribution strategy. EverGrow is intended to be held longer term to generate passive income and capital growth. Due to the stablecoin rewards being paid on all transactions, investors benefit during both bull and bear markets.”
Let’s take a look at EverGrow coin’s tokenomics.
- 8% of every buy/transfer/sell is awarded to all EGC holders in $BUSD.
- 3% of every transaction made on the network is sent to the Liquidity Pool on Pancakeswap to create stability in the price.
- 2% of every transaction is utilized for strategic BuyBack & Burn.
- 1% of every transaction is contributed to the marketing wallet to fund marketing, utility development, and community management.
EverGrow protocol offers its users NFT lending, content subscription platform, marketplace Lunasky, social media platform Crator, staking pools & play-to-earn games. EverGrow is also making plans to launch an exchange platform by the end of 2022. However, some of the features of EverGrow are still in the developing phase. EverGrow’s whitepaper also stated that the protocol has an “anti-whale system” that prevents any sale amount to a maximum limit of 0.125% of EGC’s circulating supply.
According to our EverGrow coin price prediction, following the recent developments and plans of EverGrow, it is expected that EGC’s price will pump soon, making it a profitable investment option for investors.
EverGrow Coin Price Prediction: Price History And Technical Analysis
Before moving on to EverGrow coin price prediction, it is essential for investors to know about EGC’s price history, past performance, and developments to get a better view of its future prices. However, the price history of EGC does guarantee our EverGrow coin price prediction.
EverGrow has seen extreme volatility since its launch as the coin traded upward immediately after launch, starting from $0.00000005841 on 8 October 2021 and making an all-time high price of $0.000003379 on 1 November 2021. However, the bull run of EverGrow did not last long as the token fell immediately afterward, plummeting to lows of $0.000001177 on 2 November 2021. On 9 November, the EGC token dropped further to $0.00000139 before initiating a recovery rally to $0.000001882 by 15 November 2021.
EverGrow coin made its price to a high of $0.000002348 by 4 January 2022, but it saw significant volatility as the EGC token dropped to a low of $0.000001033 by 10 January 2022. Following the recent bearish market, EverGrow subsequently followed a downward trend and fell to the lows of $0.0000004423 by 31 March 2022. On 8 April 2022, the token dropped further and touched the bottom line at $0.0000003951.
According to CoinMarketCap, EverGrow coin is currently trading at $0.000000175 with a trading volume of $226,544. Per our EverGrow coin price prediction, the Bollinger band’s upper limit is $0.00000024. This is a significant resistance level as EGC faced a rejection above this level before. If this resistance level breaks, then we can see an upward rally to $0.00000041. Conversely, the Bollinger band’s lower limit is $0.000000085. If this support level fails, then EGC may plunge below $0.000000043. Our EverGrow coin price prediction indicates that EGC is retesting its resistance level and can build a short-term upward momentum soon. The RSI and MACD are also building a bullish momentum for EGC.
By the end of 2022, EverGrow can touch a maximum value of $0.0000002. If the crypto market favors EGC, then it can see a price level of $0.00000051 in 2025. According to our EverGrow coin price prediction, EGC may skyrocket and touch a value of $0.00000271 in 2030.
EverGrow Coin Price Prediction: Industry Experts
According to DigitalCoinPrice EverGrow coin price prediction, there is a slightly less bearish outlook, and EverGrow coin price prediction for 2022 could average $0.000000465. Furthermore, EverGrow coin price prediction for 2023 could range nearly $0.000000525.
PricePrediction.net’s EverGrow coin price prediction indicates that the token will average $0.00000069 by 2022 before rallying to an average price of $0.00000209 by 2025. The EverGrow coin price prediction for 2030 sits at $0.00001302. While EverGrow coin price prediction of Gov.capital is very bearish as EverGrow could go to zero by the year-end.
Is EverGrow Coin A Good Investment? When Should You Buy It?
Our EverGrow coin price looks bullish in both the short and long term. However, according to some experts, the token can end at zero, which can be risky for investors. The ongoing developments of the Everrow protocol look promising and may soon bring significant value to the token’s price. Our EverGrow coin price prediction indicates an excellent entry point at $0.00000012 for a great return on your investment.
Conclusion
The EverGrow token holders and transactions are witnessing a significant positive momentum which demonstrates that the EverGrow coin keeps a lot of promise for investors in the future. Our EverGrow coin price prediction indicates that EGC can skyrocket in 2023, and it can bring fruitful returns for investors. However, investors and traders are advised to be cautious while investing in this coin as it can result in high volatility, which can lead to a significant loss.
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