According to Aevo official news, after the recent token unlock, Aevo's circulating supply is now about 85%. The team has re-locked 15% until the end of the year to show long-term commitment.
And by the end of 2024, Aevo's circulating supply will reach 100%.
Aevo was listed on the exchange on March 13, 2024, with an issue price of 2 US dollars. It hit a high of 14 US dollars on the first day, with an amplitude of 600%, and then it has been falling. After the team began to exchange the previous old coins, the price dropped from 1.2 to a minimum of 0.75, with a downward range of more than 30%. Due to the large decline, the Aevo team can no longer sell and maximize profits. Since then, the team has advocated re-locking 15% of the circulation until the end of the year. At the same time, Binance also announced its investment in aevo. It is a major good news.
The issue price is 2 USD, and the issue time is 2024.3.13. Whether from the price performance or the consolidation time, the buying point of aevo is in December. In terms of price, we should pay special attention to whether it reaches 0.2. At present, the market value of aevo is 770 million USD, the circulation volume is 85%, plus the 15% locked by the team, which is a fully circulated currency. Only one and a half months from the issue time, the market value has reached 770 million USD. As a second-layer derivative trading network, there is no room for further increase. Therefore, the market outlook continues to be bearish. Look at 0.2 USD by the end of the year, that is, the market value reaches 70 million USD before considering buying
