EVAA's price peaked near $13, and in June today it directly crashed to $0.28. Many people only saw the drop without understanding why.

The main reason is that only about 15% of the total supply is currently circulating; the rest is still locked. Of that 15%, early investors hold half and the team holds the other half. These people have extremely low costs, so once the unlock kicks in, selling pressure hits immediately. That's how the price fell from $13 to $0.28.

But the project itself has substance — it's the largest lending protocol on the TON chain, with 310k real wallets in use and $1.4 billion in transaction volume processed. Telegram's nearly 1 billion user base is no small entry point.

So this token represents two extremes: solid fundamentals and large user base on one side, and extremely deadly token unlock risk on the other.

Short-term trading with sentiment is fine, but don't hold it as a long-term position. Once the unlock date arrives, the higher it rises, the harder it falls.