EverRise

EverRise (RISE)

Overview:

Price: $0.0000000395
-17.53%
Market Cap: $29,386,300
Votes: 732

Launch Date: June 10, 2019
BSC Contract Address:
0xc7d43f2b51f44f09fbb8a691a0451e8ffcf36c0a


Description:

EverRise is a hyper-deflationary token, which rewards investors for holding tokens, while also incorporating the Buyback approach currently present in the stock market. EverRise is the first cryptocurrency ever to include automatic Buyback. What is Buyback? If a particular stock has low value but has the potential to perform better in the future, often companies will announce a buyback of the stock in the open market. Once companies announce the buyback, investors gain more confidence to purchase and hold the stock as well. Additionally, the demand increases as the company starts buying the stock, which ultimately will drive the stock to raise. At EverRise, we chose to apply the Buyback concept to cryptocurrency, and encourage investors to hold the token.