Before making the decision to buy or sell any cryptocurrency, you should carefully consider both technical and fundamental factors, as well as your financial situation. The cryptocurrency market is also highly volatile, which means it may not be suitable for investors with a low risk tolerance. egc crypto coin EverGrow has a total supply of 1 quadrillion; 50% were sent to a burn address from the initial release. The EGC transferred into the buyback-and-burn smart contract is used to purchase Binance coin (BNB). The BNB is then used to buy EGC, which is transferred to a burn address.
- EverGrow Coin (EGC) is a deflationary cryptocurrency token designed to get scarcer over time.
- According to our current EverGrow Coin price prediction, the price of EverGrow Coin is predicted to drop by -7.23% and reach $ 0.0₇6526 by February 4, 2024.
- The table above shows the number of days which EverGrow Coin closed above a certain price level.
- If it reaches the upper price target, EGC could increase by 129.42% and reach $ 0.0₆1614.
- EverGrow Coin recorded 14/30 (47%) green days with 7.58% price volatility over the last 30 days.
These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of EGC. The market capitalization of EverGrow Coin can change significantly in a short period of time. Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about EverGrow Coin’s price action in 1-hour chunks. Each candlestick will display EGC’s opening price, closing price, as well as the highest and lowest prices that EverGrow Coin reached within the 1-hour period.
EverGrow price EGC
The buyback-and-burn program burns coins daily, reducing the circulating supply, which could lead to positive price action. Based on our algorithmically generated price prediction for EverGrow Coin, the price of EGC is expected to decrease by 10.02% in the next month and reach $ 0.0₇7739 on Feb 29, 2024. Additionally, EverGrow Coin’s price is forecasted to gain 62.18% in the next six months and reach $ 0.0₆1141 on Jul 28, 2024. Finally, EverGrow Coin is expected to trade at $ 0.0₆1506 on Jan 29, 2025, following a 114.07% value decrease in one year.
What is the current EverGrow Coin sentiment?
According to our EverGrow Coin forecast, the price of EverGrow Coin will decrease by -7.23% over the next week and reach $ 0.0₇6526 by February 4, 2024. Over the last 30 days, EverGrow Coin had 14/30 (47%) green days. According to our historical data, it is currently profitable to invest in EverGrow Coin. The price of EverGrow Coin decreased by -5.19% in the last 1 year.
EverGrow Coin can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.
Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA).
EGC to USD Chart — Historical price of EverGrow Coin expressed in USD
The EverGrow Coin price prediction for next week is between $ 0.0₇6708 on the lower end and $ 0.0₇6557 on the high end. Based on our EGC price prediction chart, the price of EverGrow Coin will decrease by -2.25% and reach $ 0.0₇6557 by Feb 12, 2024 if it reaches the upper price target. According to our EverGrow Coin price prediction, EGC is forecasted to trade within a price range of $ 0.0₇7035 and $ 0.0₇6708 this week. EverGrow Coin will decrease by -4.64% and reach $ 0.0₇6708 by Feb 05, 2024 if it reaches the higher value target.
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To complete the transaction, click on “Swap,” then click on “Confirm Swap,” and when your wallet pops up, click on confirm. The Secure Element chip inside is part of what makes the Ledger wallets so secure. Ledger also uses its custom operating system called BOLOS, which isolates any installed apps.
The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. EverGrow Coin’s 50-day SMA (simple moving average) is currently $ 0.0₇5894. The 50-day SMA indicates the average price of EverGrow Coin over https://cryptolisting.org/ a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive EGC price trend in the medium term, while a dropping SMA indicates the opposite.
The token runs on an autonomous frictionless yield farming and liquidity generation protocol, so the process of increasing scarcity is automatic. 1% from every Buy/Sell Transaction is sent to our marketing/development wallet. EverGrow’s Ecosystem consists of LunaSky – our NFT Marketplace, Atlas Wallet – The World’s easiest to use, feature-rich Crypto Wallet! It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
EGC to USD Converter Stats — Volatility and changes in EverGrow Coin price (USD denominated)
The EverGrow Coin price prediction for 2030 is between $ 0.0₆3692 on the lower end and $ 0.0₆6959 on the high end. Based on our EGC price prediction chart, the price of EverGrow Coin could gain 889.30% and reach $ 0.0₆6959 if it reaches the upper price target. According to our EverGrow Coin price prediction, EGC is forecasted to trade within a price range of $ 0.0₇6123 and $ 0.0₆1614 next year. EverGrow Coin will increase by 129.42% and reach $ 0.0₆1614 if it reaches the higher value target for 2025.
Its roadmap shows that it seems to have a lot more in the works. The EverGrow Coin, known by its token ticker EGC, was launched in September 2021 on the Binance Chain and therefore, operates as a BEP20 token. The ecosystem has 8% rewards distribution and 2% liquidity provision built into its tokenomics, along with 3% strategic buy-back allocation.
EverGrow Coin produces its own wallet software that is available for download on its website, which allows you to store EverGrow Coin on your computer. All profits from our utilities are used for BuyBack&Burn – generating rewards and positive price action, while continuously reducing supply. When trying to make a EverGrow Coin forecast, many traders also try to monitor the activity of EGC “whales”, which are entities and individuals that control large amounts of EGC. Since the EverGrow Coin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on EverGrow Coin’s price movements. According to our EverGrow Coin forecast, the price of EverGrow Coin will increase by 10.02% over the next month and reach $ 0.0₇7739 by February 29, 2024.