As we can see, thanks to a site like PancakeSwap, the Binance Smart Chain has seen a surge of new currency. EverRise is one of the several coins that have been launched in the previous six months, with a “hyper-deflationary” supply meant to drive up the price of RISE over time.

It is a hyper-deflationary cryptocurrency token that runs on the Binance smart chain and rewards token holders. In addition, it incorporates the first-ever automatic buyback approach in the crypto sector, an approach commonly seen with stocks in the stock market.

“Buybacks” are an innovative measure that the RISE team has employed. A portion of all transaction fees is used to buy back RISE tokens, taking them off the market and reducing supply. The hope is that the limited supply will lead to increased demand, and thus a price increase. This gives investors the confidence to purchase more of the stock and hold it for the long term. Essentially, in the crypto investing context, it is when the developers double down on a project.

As the developers begin buying more EverRise coins, demand will increase and the price should rise as a consequence.

EverRise collects a 6% buyback tax on each transaction, which is stored inside the contract. Whenever a sale occurs, a fraction of the buyback amount is used to automatically purchase tokens from the liquidity pool. Those tokens are immediately burned after purchase.

Tokenomics

1 Quadrillion initial supply: 1000000000000000.
Dev wallets: 5%
Marketing and promotions wallet: 4.5%
Private sale: 18.5%
Pre-sale: 40%
Liquidity: 32%

Private sale price: 110,000,000,000.
Pre-sale price: 100,000,000,000.
Pancakeswap price: 100,000,000,000.

Taxes:

Rewards to holders: 2%
Marketing tax: 3%
Buy-back tax: 6% (will be utilized to keep the price of the token in check by buying back the tokens and burning them.)
Slippage: 13%

How to Buy EverRise Coin

RISE token is now live on the Binance Mainnet. The token address for RISE is 0xc7d43f2b51f44f09fbb8a691a0451e8ffcf36c0a. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise you to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

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