Does EverGrow burn coins?

The contract is equipped with an advanced Buyback and Burn feature contributing to token burn every day, and more than 52% of supply is already burned . EverGrow coin Ecosystem includes multiple utilities that include an NFT lending platform and marketplace on Binance Smart Chain.15 Oca 2022

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Does coin burn increase price?

The majority of the time, the developers of a cryptocurrency decide to burn a particular quantity. Burning coins reduces the supply, making cryptocurrency tokens more scarce. So, does burning crypto increase value? Because of the scarcity, prices may rise , resulting in a profit for investors.

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What does EGC coin do?

EverGrow Coin is a deflationary token designed to become more scarce over time. All holders of EGC will earn an 8% reward from every Buy/Sell Transaction in BUSD. 3% from Every Buy/Sell Transaction is sent to Buy-Back wallet while 2% is transferred into the liquidity pool for Pancakeswap to create a stable price floor.

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