Santa Floki recently surged 3000% this Christmas. The reason behind the Santa Floki surge is none other than Elon Musk, who recently tweeted about his Dog Floki Inu with the caption 'Santa Floki".
Santa Floki is a new cryptocurrency that rewards its holders with 5% in BUSD. Other Floki themes cryptocurrencies also surged after his tweet. Another similar crypto launched in September and has already gained 62,000% in 2 months is EverGrow (EGC) coin.
Although Santa Floki coin rise is mainly based on the Hype of Elon Musk Tweet, EverGrow considers itself different from traditional memecoins. EverGrow has already distributed $30 million BUSD in rewards to its holders in the past ten weeks and has attracted more than 116K+ Token holders organically. While Santa Floki distributes 5% from every transaction among its holders in BUSD, EverGrow contracts distribute 8% rewards in BUSD. EverGrow and The main reason behind EverGrow’s meteoric rise is the suite of utilities developed in its Ecosystem, which includes the NFT marketplace and NFT lending platform. The platforms will allow NFT owners to lend and borrow Stablecoins by keeping their NFTs as collateral.
EverGrow Ecosystem will also include a content Subscription platform that will allow creators to sell premium content to their fans. They also plan to launch a Chainlink Oracle Based Play to Earn Game where Players can purchase mystery boxes to unlock a random game character and a multiplayer war game. All the utilities are scheduled to be launched in Q1, 2021. Evergrow also recently launched a sneak-peek of their wallet and Exchange. What’s unique about the Exchange is that it will also support Reward-based crypto’s tokenomics. EGC and Santa Floki reward-based Tokenomics are unique and are not supported by any major centralised exchange.
EGC is also designed to be hyper deflationary in nature as 2% from every $EGC transaction is converted to BNB and stored in the contracts for Buyback and Burn. 100% of Revenue generated from its Ecosystem will also be utilised for token buyback and burn from open markets. It will increase the value of every token in circulation while also generating rewards for its holders from those burns.
The Price of Santa Floki has dropped significantly after the rise. At the time of publishing, EGC was trading at $0.0000008433, while the Santa Floki 24 hours trading volume sits at $17M and was trading at $0.000001486 per Santa Floki. The team behind EGC is completely doxxed and regularly involved in AMAs with the community to provide all recent updates related to the project. You can buy EGC from their decentralised swap exchange, Pancakeswap, and Bitmart.
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