In early September, Terra Luna Classic (LUNC) experienced a price rally over 500% in early September to bring LUNC back into the crypto top 50.
The news that Binance would burn LUNC sent investors bullish – social media was bursting with bullish comments about the ‘greatest comeback’ and hope that one day LUNC could hit $1.
But then the LUNC price dropped back down -65%.
Now that the community has reduced the burn tax from 1.2% to 0.2% the future of LUNC hangs in the balance. Burning LUNC has been relegated in favour of developing a LUNC ecosystem – a harder, slower task.
If you were bullish on the news of LUNC burning, here’s why you want to read about EverGrow.
EverGrow – On track for $1 from $0.00000012 within 20 years
EverGrow charges a total 14% transaction tax, with 2% used to buyback and burn EverGrow.
It’s a high tax to pay. Unpopular at first no doubt. Until you look at the statistics that EverGrow destroyed 2.5% of its original supply in the past 12 months. With more than 53% of the EverGrow supply already locked away in the burn address, EverGrow is on track to be within a price range of $1 in the next 20 years.
EverGrow is by far a top hyper-deflationary token. But instead of reducing the high transaction tax in order to help create a high-volume ecosystem, EverGrow is attempting to do both at the same time.
Read up more on EverGrow here: https://evergrowegc.com/
EverGrow ecosystem sends 100% of revenue towards burning EGC
The first EverGrow application – LunaSky NFT marketplace – dropped in September this year with a financial structure that sends 100% of revenue to burning EGC via smart contracts.
Any fees, commissions and advertising go 100% back to the community. Since the EverGrow buyback and burn mechanism automates actually purchasing EGC from decentralised exchanges (PancakeSwap) it means this revenue registers as a buy on price tickers.
After raising over $250,000 in the first few weeks of PancakeSwap going live, the EverGrow team estimated they could create 60 days of green candles when they deploy the burn automation (assuming trading volume otherwise remains the same).
The ability to artificially create green candles is a first in crypto. No doubt thousands of investors will be willing to pay the 14% tax in order to earn the huge ROI that would result from consistent price pumps.
Furthermore, an 8% cut of the 14% tax is distributed to all holders in Binance USD.
It means that with EverGrow not only can you expect future price pumps, positive movement regardless of a bear market, and a decent ROI – you can earn stablecoin passive income while you wait.
If you were excited about LUNC burning on Binance – and disappointed when the burn tax dropped to 0.2% – there’s still a chance to take advantage of a huge opportunity.
Read up more on EverGrow here: https://evergrowegc.com/
The post Lost Money After LUNC Pump? Try a Token with a 2% Burn Tax appeared first on Analytics Insight.
In early September, Terra Luna Classic (LUNC) experienced a price rally over 500% in early September to bring LUNC back into the crypto top 50.
The news that Binance would burn LUNC sent investors bullish – social media was bursting with bullish comments about the ‘greatest comeback’ and hope that one day LUNC could hit $1.
But then the LUNC price dropped back down -65%.
Now that the community has reduced the burn tax from 1.2% to 0.2% the future of LUNC hangs in the balance. Burning LUNC has been relegated in favour of developing a LUNC ecosystem – a harder, slower task.
If you were bullish on the news of LUNC burning, here’s why you want to read about EverGrow.
EverGrow – On track for $1 from $0.00000012 within 20 years
EverGrow charges a total 14% transaction tax, with 2% used to buyback and burn EverGrow.
It’s a high tax to pay. Unpopular at first no doubt. Until you look at the statistics that EverGrow destroyed 2.5% of its original supply in the past 12 months. With more than 53% of the EverGrow supply already locked away in the burn address, EverGrow is on track to be within a price range of $1 in the next 20 years.
EverGrow is by far a top hyper-deflationary token. But instead of reducing the high transaction tax in order to help create a high-volume ecosystem, EverGrow is attempting to do both at the same time.
Read up more on EverGrow here: https://evergrowegc.com/
EverGrow ecosystem sends 100% of revenue towards burning EGC
The first EverGrow application – LunaSky NFT marketplace – dropped in September this year with a financial structure that sends 100% of revenue to burning EGC via smart contracts.
Any fees, commissions and advertising go 100% back to the community. Since the EverGrow buyback and burn mechanism automates actually purchasing EGC from decentralised exchanges (PancakeSwap) it means this revenue registers as a buy on price tickers.
After raising over $250,000 in the first few weeks of PancakeSwap going live, the EverGrow team estimated they could create 60 days of green candles when they deploy the burn automation (assuming trading volume otherwise remains the same).
The ability to artificially create green candles is a first in crypto. No doubt thousands of investors will be willing to pay the 14% tax in order to earn the huge ROI that would result from consistent price pumps.
Furthermore, an 8% cut of the 14% tax is distributed to all holders in Binance USD.
It means that with EverGrow not only can you expect future price pumps, positive movement regardless of a bear market, and a decent ROI – you can earn stablecoin passive income while you wait.
If you were excited about LUNC burning on Binance – and disappointed when the burn tax dropped to 0.2% – there’s still a chance to take advantage of a huge opportunity.
Read up more on EverGrow here: https://evergrowegc.com/
The post Lost Money After LUNC Pump? Try a Token with a 2% Burn Tax appeared first on Analytics Insight.