EverMoon (ETH: $EVERMOON) is an Ethereum-based crypto project that aims to create the most vibrant community in the Web3 space.
EverMoon’s mission is to create connections that help individuals unleash their creativity in a collaborative environment. The project has created unique tokenomics and a focus on community engagement to achieve this goal. Thus far, its efforts to grow its community have been quite successful, and it has amassed a large online following. The project has garnered over 104,000 followers on Twitter in just two months.
The Web3 Mission
EverMoon is focused on creating an environment that promotes personal growth and continuous learning. Everyone involved in the project is prioritized to ensure they can offer their all in shaping the project’s future. By doing so and using blockchain power to democratize decision-making, EverMoon seeks to revolutionize how Web3 communities interact. Whether they are a creator, developer, innovator, or passionate about the blockchain, they have space in EverMoon.
The $EVERMOON Token
At the heart of EverMoon is the $EVERMOON token. Its main role is to promote contributions to the community in a way that aligns with the project’s mission. $EVERMOON tokens are designed to facilitate a thriving economy that incentivizes participation.
The tokens have unique tokenomics designed to promote the project’s long-term viability. There are 1 billion $EVERMOON tokens in total. Developers have imposed a 5% tax on all trades, with funds going to the development of the ecosystem.
There is also another tax called the Diamond Hand Tax that is applied to all transactions. It aims to encourage holders to keep their tokens. Funds from all taxes are divided equally amongst the ecosystem’s five core aspects: buybacks, marketing, deflationary, liquidity provision, and a redistribution mechanism.
EverMoon Is the Future of Web3
Web3 is expected to become the next alliteration of the internet. However, it still faces major teething problems. One of the main issues is onboarding people onto Web3 projects. Unfortunately, only tech-savvy individuals have been able to navigate the space thus far.
EverMoon aims to make it as easy as possible to join the Web3 space via a collaborative environment. Visitors are also incentivized to stay and learn via the Diamond Hands Tax. This model will ensure that it succeeds where others have failed. As a result, it could experience exponential growth in the coming months.
$EVERMOON Token Price
Thus far, $EVERMOON has posted some great numbers. The token’s market cap just dipped under $7 million. While its market cap is not posted on CoinMarketCap, the data shows that the token’s price peaked on June 23, when daily trading volumes peaked at over $1.95 million. Since then, the token has maintained an impressive performance, with daily trading volumes consistently at around $200,000.
[Click The $EVERMOON Chart Above To Trade On DexTools]
Overall Findings
$EVERMOON is a great token that has an awesome project and team backing it. Its noble mission is to democratize and increase access to the Web3 space separates it from the pack. EverMoon could become one of the largest gaining crypto projects during the finishing half of 2023.
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