Aevo (AEVO) has recently become one of the promising cryptocurrencies, but for a short time, it has significantly increased both in price and market capitalization. Currently valued at $0. 3271, However, from the data obtained AEVO has enjoyed growth of 6. It has been a dynamic day for this digital asset since the investors’ confidence has been boosted in the last 24 hours by 43%.

As for being sized, mammoth market capitalization of $284 billion puts it just ahead of Wal- mart that has $203 billion. To date, Aevo has climbed up to 153 among the largest cryptocurrencies 5 million tokens contributed to the project’s success. The 6. 43% improvement in the market capitalization goes to show the expansion and acceptance of AEVO in the broader universe of crypto.

This growth is backed by trading volume of $24. Eighty nine million people over the last 24 hours, this is a 1%. 53% increase. This, however, is not surprising, and puts AEVO at 142 in rank, with regards to the daily trading volume, which means that the trading in AEVO remains healthy and active.

Analyzing the ratios of volume to market capitalization, it is possible to state that value of AEVO is 8. 74 %, which is not very high, especially when compared to some of the cryptocurrencies which are far more active within the market. This ratio indicates that although there is the thriving of market activities, less of the market capitalization is being traded on a daily basis. This might be interpreted by investors as meaning that AEVO is held for the long term or as a non-sale asset, which could in its turn suggest investors’ confidence in the asset and the token.

Another important measure for Aevo is the Total Value Locked (TVL) which at the moment is $50. 55 million. Total Value Locked or TVL is important in DeFi in that it tells the amount of assets that is locked in the Aevo network. The ratio of market capitalisation to total value locked, therefore is 5. 65 gives an idea of how the market is pricing the token as a function of the assets invested in its platform from the investors. A higher ratio suggests that the market cap is much higher than the TVL which can be interpreted that the token has far much value than just being used for DeFi applications.

At the same time the circulating supply of Aevo token is 869. The total supply of AEVO has been proposed to be 1 billion, out of which 99 million has been circulated or distributed, and covers 87% of the total AEVO supply. In the same way, its max supply is also 1,000,000,000 Aevo but it is nearly in full circulation, and thus the danger of inflation caused by new tokens is minimized. This is a plus point as it shows that compared to the total supply of the tokens, a good percentage is already in circulation and therefore, it paints a true picture of the circulation value of the token.

At present the fully diluted market cap for Aevo stands at 327$. $1 million, based on potential market capitalization if all tokens where up for sale. This is revealing the closeness of the current market cap to the fully diluted market cap that points to the fact that the price that Aevo is being sold reflects the reality on the market. This positions portrays imply that investors have already priced the total supply hence providing a real outlook of the token.

Lastly, AEVO is cryptocurrency that indeed has potential, proving increase in both market capitalization and price. By observing the health factor and the relationship between the market capitalization and the total value locked, it is possible to state that Aevo has a great position within the DeFi sphere and the element has all the chances to be adopted and appreciated further.

As the token continues to rise in popularity, there is no better cryptocurrency to tap into with good fundamentals and an excellent growth potential. However it is important to remember that any investment one makes comes with certain risks which are always affected by current market conditions and trends.