EVAA reached an all-time high of around 13 USDT, then crashed to 0.28 USDT this June. Many only see the drop without understanding the reason.

The main reason is that only about 15% of the total supply is currently circulating; the rest is locked. Of this 15%, early investors received half, and the team received the other half. These investors have very low costs, and once the lock-up period ended, it triggered a drastic price drop. That's why the price fell from 13 USDT to 0.28 USDT.

However, the project itself has substance. It is the largest lending protocol on the TON chain, used by 310,000 real wallets, and has processed over $1.4 billion in transactions. Telegram has nearly 1 billion users—a significant entry point.

Therefore, this coin represents two extremes: solid fundamentals, a large user base, and very high risk.

Short-term trading based on sentiment is fine, but don't hold it long-term. Once the lock-up period ends, the higher the price rises, the harder the fall is likely to be. $EVAA ‌