Evmos , promising Now the reason for bringing this on the table is that I noticed some really strong accumulation activity inside the box , usually this kind of activity’s lead to a blast of green dil dos , the project is not bad itself and tbh I don’t ask much of utility stuff after meme season all I know is this one’s worth being in radar . Dyor
EVMOSUSDT trade ideas
EVMOS / EVMOSUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
370% ROI for me, selling at 0,5 fibb with historic resistanceEvmos fantastic krypto is just about to start its run.
As bitcoin does alltime high and ETH just started going i think its time for evmos to go.
Evmos has 25k members in discord group, and the coin itself is a solution to expensive gas that ETH has, responsible claims its faster and more smooth with its IPO and IBO solutions.
EVMOSusdt trading opportunityEVMOSusdt is currently exhibiting signs of potential consolidation within a triangular formation, indicating a possible continuation pattern.
Our analysis suggests an anticipated upside breakout from this setup. In our investigation, we have identified an accumulation zone, which presents a favorable buying opportunity.
The target level indicates a significant area of selling pressure. Your insights on these findings would be greatly valued. Feel free to express your love by leaving your likes.
Thank you.
Evmos Foundation Recovers $7.6 Mln from Former Co- Founder
Evmos recovers $7.6M in tokens from ex-co-founder, realigning distribution and reinforcing project stability amid token value challenges.
The Evmos Foundation has successfully reclaimed 59.4 million tokens, equivalent to $7.6 million, from Akash Khosla, its former co-founder. This development follows a period of uncertainty and operational disagreements that led to Khosla’s departure last year. The recovered tokens, which include both vested and unvested amounts, mark a step towards realigning the token distribution in favor of the current team and contributors actively involved in Evmos’ growth.
Khosla’s Decision and Its Impact
Khosla, who separated from Evmos due to differing views on operations, has expressed that returning the tokens aligns with the best interests of the project and the community. This move is seen as a corrective step following concerns that arose in May 2023 when Khosla allegedly attempted to offload many Evmos tokens in the market. The return of these tokens is expected to bolster the distribution strategy, ensuring that those dedicated to the project’s advancement retain control of the crucial resources.
Evmos Foundation’s Response
Evmos, a Cosmos-backed blockchain compatible with Ethereum applications, has faced challenges since its launch in 2022. Moreover, the value of its native token plummeted by 98%, dropping from an initial price of $6.8 to around $0.13. This decline was exacerbated by the market reaction to the news of Khosla’s token sale.
In response, the Evmos community has taken decisive actions to stabilize and enhance the token’s value. A noteworthy step in this direction is approving a proposal to burn 136 million tokens from the user incentives balance in the upcoming network upgrade. This strategy is part of a broader effort to improve the project’s tokenomics, particularly addressing the high inflation that has been a concern since the token’s inception.
Evmos path to prosperity 1000s% return on investment for i.Hey trader,
i am simon and i love techcal analasis and predicts future assets.
Today we will take a look at evmos, the etherium on steorioids like they call it.
What catches my eye is how easy it broke both ema 10 and 20 consitantly staying above.
Its cousin bitcoin has been on a run for a longer time and so has osmosis but now its time for evmos to shine it looks like. Rsi is very high breaking over 50 easily. And with the DOW jones closing above ATH this week we will see many assets who are good fundamentally but has been overlooked, find there path to propesperity within 6 months. Evmos i plan to take profit within 20-40 dollar and also one for safty withing 0,5, looking to further fill it, when stable.
So you see the chart, it will be a journey to full fill this charter going to well deserved values within a short amount of time, nice lets go.
Disclaimer: educational, entertainment purposes.
I am not a finacial advicor.
Everyone resposible for there own risk.
Thesis for $1.80 correctionbronbro monitor is where I'm getting onchain metrics for evmos like bonded rate, ratio, apr and other such useful metrics.
Bonded ratio has flattened on the 30 day chart. 2 million EVMOS just hanging around loose in wallets. There are several reasons to stay liquid, several dapps are launching and several ICS are going up, EVMOS might just make a soft landing on the $2.20 by October, but volume over time and price suggests floor falls out steep at the $1.80 range. My target price range by halloween is ($1.90-1.85)
On chain metrics and strong restaking (compounding) community in combination with macro climate strongly suggests a solid bounce off supports starting at $2.00
Let me know if this chart was less shittier than the previous one. Thanks for checking it out.
Token is so new all the metrics are kind of useless other than look at #1 and #2 coins and then look at Cosmos network. Network doesnt bring in much value per se, but that was technically a consequence of such an open easy to use SDK for Tendermint and Ethermint. Also noteworthy, governance prop for retro payment for ETHERMINT work is being voted on, 2 million tokens on the vote I think. Could be wrong, plz check commonwealth governance for official news.
Expecting some amount of dump on the tokens as many believe they have enough and want to sell for other token projects and most likely STARS as there is a bunch of following/people taking their compounded rewards there. If anyone know where I can find a better flow of tokens other than osmosis let me know.
thx, glhf out there!
EVMOSEvmos trade near strong support which broken several times in the past
Price may perform a small bounce from this level according to daily Stochastic
But relying on 7/100 EMAs cross on daily timeframe , 1d and 3d MACD , and 3d stoch i expect further downward movement to 1.4 USDT which is 0.236 Fibo level
For upward movement price first need to fix above local resistance which is 3d EMA 50
Rewards are Juicy, OSMOnauts sell pressureHella dirty chart analysis, my apologies, you should see my desk.
The first level of major support is about $2.47 per Fixed range vol. profile
second major support is $1.87
Please keep in mind that the airdrop was large and the rewards are large and the hype is large, that said true value and support are at $1.00 - 0.72, I say this because of how new and novel this protocol is. EVM is no joke hard business, layer 1 EVM is nothing to scoff at, nor is the talent behind cosmos devs (and their helpfulness) and the sub 5 man team that came up with the code for tinderment consensus and EVM layer 1. Truely amazing, still lots to prove.
Thank you is you like it, sorry if you didnt....tell me how I can be better if you have something constructive to say.
THIS IS NFA, GLHF
My chart is truly a mess...feel free to burn me for that