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Home»Altcoins»Easily multiply your Bitcoin with the revolutionary EverValue Coin!
Altcoins

Easily multiply your Bitcoin with the revolutionary EverValue Coin!

2024-10-23No Comments4 Mins Read
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In recent years, the cryptocurrency industry has grown rapidly, with Bitcoin being the leading digital asset. However, many investors face challenges when trying to grow their Bitcoin holdings, especially when they have to trust third parties, lock up their assets, or accept low returns.

The EverValue Coin (EVA) offers an innovative solution, allowing users to make their Bitcoin work for them, retaining ownership while guaranteeing a minimum and increasing price in BTC. Furthermore, EVA is significantly more profitable compared to other projects.

What is EVA?

The EverValue coin allows investors to benefit from Bitcoin mining profits without incurring additional costs or facing complex regulatory processes. However, the initial value paid for EVA may be higher than the burn price. Over time, as the burn price the amount paid increases and exceeds, the investor starts profiting in BTC terms. In dollars, profits can be made immediately after purchase, depending on the valuation of Bitcoin.

EVA Coin achieves success in pre-sales and listings

The EverValue coin the presale, which started on September 23, raised over 75 BTC in its first week, surpassing the original goal of 35 BTC.

This strong community support reflects the high interest in EverValue’s approach, which combines Bitcoin-backed stability with long-term profitability. Furthermore, the project already contains over 102 wBTC in the Burn Vault, further strengthening the token’s support.

Another major milestone was raising approximately 120,000 USDT on the XT Launchpad, selling over 313,000 EVA tokens in just one hour. EVA is also listed on CoinMarketCapand additional CEX listings are expected soon, further increasing the token’s visibility and accessibility.

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EVA tokenomics

The EverValue coin is backed by a smart contract containing tokenized Bitcoin (wBTC), ensuring liquidity and transparency.

  • Total offer: EVA has a total of 21 million tokens, with a unique and definitive issuance.
  • Fund allocation:
    • Fire safe: 70%
    • Purchase of new mining machines: 10%
    • Team & Development: 5%
    • Marketing: 5%
    • Dex liquidity: 5%
    • CEX listings: 5%
  • Burn Vault and value growth: Currently, the Burn Vault contains over 102 wBTC, and as Bitcoin mining profits are deposited, the value of EVA continues to rise.

Supply control mechanisms

The token burn mechanism creates a decreasing supply, which puts upward pressure on the value of EVA. When an investor burns their tokens, they withdraw a proportionate amount of wBTC from the Burn Vault based on the burn price. The burn price remains unchanged, as the amount of wBTC withdrawn is proportional to the EVA tokens burned.

However, when the project itself burns tokens without removing wBTC from the Burn Vault, the burn price automatically increases as the number of circulating tokens decreases while wBTC support remains the same. During the first year, the project will burn 3 million tokens, while the second burn of 250,000 EVA is scheduled for October 23.

Long-term growth and Bitcoin appreciation

The Fire safe The mechanism directly contributes to the long-term appreciation of EVA by continuously accumulating wBTC through mining rewards, while the number of EVA tokens in circulation decreases due to burns. The burn price is calculated by dividing the total amount of wBTC in the Burn Vault by the total EVA supply. As the token supply shrinks without reducing wBTC support, the value of each remaining EVA token increases, benefiting long-term holders.

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This deflationary dynamic ensures that the burn price– and therefore the value of EVA – is always on the rise.

Conclusion

The EverValue coin is designed to provide Bitcoin investors with a more secure and transparent way to grow their BTC holdings, holding their assets in escrow while guaranteeing a minimum and increasing price in BTC over time.

Visit EverValue’s website for more information and updates and follow EverValue on Twitter and Telegram.

Disclaimer: This is a paid post and should not be treated as news/advice.

Next: Aptos Crypto Breaks Through Key Six-Month Resistance – Is $14 the Next Target?

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Bitcoin Coin Easily EverValue multiply Revolutionary
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