Evrynet (EVRY)
Evrynet is creating a CeDeFi platform that allows other financial services applications to be built on. The chain uses Tendermint consensus and focuses on creating a high-speed, interoperable, secure and regulator-friendly chain. The project is regionally focused on Southeast Asia which has over 435m unbanked/underbanked population and will look at ways to address the gap in financial services through launching several dApps in the future. The first dApp we’re launching is a decentralized exchange called Evry.Finance which will look to bring institutional liquidity and CeFi assets into DeFi. Together with EvryHub (interoperability product), Evry.Finance will evolve to be next generation CeDeFi interexchange that can process transactions at high speed.
1. Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | EVRY | Market Cap | 521019.8157 |
| Name | Evrynet | White Paper | -- |
| Web Site | https://evrynet.io | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2021-10-20 |
| Available Supply | 40389133 |
2. Technical Analysis
2.1 Kline Price Chart
2.2 Analysis
The K-line chart shows a strong downward trend over the analyzed period, with a significant drop from the peak volume on December 5th. The price has been fluctuating around the lower end of the range, showing a lack of upward momentum. The volume has been relatively low, suggesting a lack of participation in the market. Future trends may indicate a continuation of the downward trend with possible consolidation around the current support levels.
