AEVO price could bottom out here as team, backers announce plan to voluntarily re-lock nearly 15% of supply

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AEVO price could bottom out here as team, backers announce plan to voluntarily re-lock nearly 15% of supply
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Team, backers to voluntarily re-lock ~15% of supply, a sign of long-term commitment to making Aevo leading ETH-based derivatives DEX.

Aevo price recorded an all-time low of $0.750 on Wednesday despite broader market recovery. Migration of 2021-launched RBN to its rebrand, AEVO, has officially been completed. Almost all of AEVO’s fully-diluted valuation is already circulating. Aevo price ignored the call to recover that Bitcoin price sent on Wednesday, after the April CPI inspired bullish sentiment in the market. While altcoins recovered, AEVO extended to a new all-time low. Also Read: AEVO, APT, ARB among $1.

-day chart Conversely, the Aevo price breaking below the lower band of the Bollinger indicator could also signify a continuation of the existing downtrend. In such a case, AEVO could record another lower low.

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