Evolve (EVOLVE) Cryptocoin Logo

Evolve (EVOLVE)

  • Price: $0.0000065 - 24h: ▲0.00%
  • Market Cap: $6,162.98
  • 24h Volume: $15.44
  • Rank: # 12150 (by Market Cap)
  • Last Updated: 5 days ago

Evolve (EVOLVE) is a unique cryptocurrency project centered around an on-chain evolution game.

Evolve (EVOLVE) Trust Score !

The Trust Score (0-100) assesses an asset's safety based on its stability, liquidity, and smart contract security. Higher score = Lower risk.

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50.00
Low Trust
(High Risk)
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(Moderate)
High Trust
(Low Risk)

Evolve (EVOLVE) Bull/Bear Trend Strength

7 Day Market Momentum

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0.0000000
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30 Day Market Momentum

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0.0000000
Bearish
(Strong Sell)
Neutral
(Sideways)
Bullish
(Strong Buy)
We collect crypto information and data from numerous API sources. Our unique analytical approach and presentation, developed with the aid of AI tools, is designed to offer a distinct perspective. This information is not financial advice, and given the rapid pace of the crypto market, it may not always be perfectly current or complete. We urge you to always verify details and conduct your own thorough research. Consult with a qualified financial advisor before making any financial decisions.

Evolve (EVOLVE) Latest Market Data

Current Values

  • Current Price: $0.0000065
  • 24h Trading Volume: $15.44
  • Market Cap: $6,162.98
  • 24h Market Cap Change: ▲ $0.0000000
  • Fully Diluted Valuation: $6,487.80

Price Changes

  • 24 Hour Price Change: ▲0.00%
  • 7 Day Price Change: ▼ 1.98%
  • 30 Day Price Change: ▼ 24.64%
  • 60 Day Price Change: ▼ 43.21%
  • 1 Year Price Change: ▲0.00%

Current Price Relative to Yesterday Open/Close

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Current Price Relative to 7 Day Open/Close

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Evolve (EVOLVE) 30 Day Open, High, Low, Close Chart

What is Evolve (EVOLVE)?

Evolve (EVOLVE) is a unique cryptocurrency project centered around an on-chain evolution game. The core concept revolves around linking a player’s wallet address to a procedurally generated creature called an EvoBit. This creature serves as the user’s identity within the Evolve ecosystem. Each EvoBit is unique, as its initial form is determined by the first four characters of its owner’s wallet address, adding a personalized touch to the gaming experience.

Evolve seeks to transcend the typical short-lived hype often seen in the cryptocurrency space. It strives to create a sustained and engaging experience for its users. By blending meme culture, gamified mechanics, and innovative tokenomics, Evolve aims to provide a long-term value proposition beyond just a temporary price surge. The project’s focus is on building a lasting community and ecosystem.

The Evolve project stands out by integrating the inherent characteristics of the user’s wallet into the gameplay. EvoBits gain experience over time simply by holding them. They evolve through different levels depending on the owner’s interactions with the token, reflecting the on-chain behavior of the wallet itself. This innovative approach fosters a deeper connection between the user, their digital assets, and the Evolve gaming environment.

How Does Evolve (EVOLVE) Work?

Evolve operates on the principle that a user’s wallet acts as their primary identifier within the game. Each time someone purchases EVOLVE tokens, the platform automatically generates a unique EvoBit. The genesis of each EvoBit is tied directly to the first four characters of the buyer’s wallet address. This creates a diverse population of digital creatures, each with its own visual characteristics and potential traits.

The core gameplay loop revolves around the continuous evolution of these EvoBits. Holding Evolve tokens directly contributes to the EvoBit’s experience points. As an EvoBit accumulates experience, it levels up, unlocking new abilities and visual forms. The evolution process is also influenced by the owner’s actions within the Evolve ecosystem and the broader blockchain environment.

Burning or selling EVOLVE tokens can impact an EvoBit’s progress, possibly even causing setbacks. This creates an incentive to hold and actively participate in the Evolve community. The dynamic interplay between wallet behavior and EvoBit progression forms the foundation of the game’s engaging and interactive experience. This ensures each player’s journey is unique.

Evolve (EVOLVE) Key Features and Technology

One of Evolve’s primary features is its procedurally generated EvoBits. These creatures are algorithmically created, ensuring that each one is visually unique and tied to the holder’s wallet address. This wallet-linked generation is a core element of the Evolve ecosystem. It allows users to create a personal identity within the game.

The evolution system is another key feature. EvoBits gain experience and evolve based on the user’s on-chain behavior, specifically their interactions with the EVOLVE token. This ties the user’s actions directly to the progression of their EvoBit. Eventually, this will unlock new visual forms and abilities, creating a compelling gameplay loop.

The integration of gamified tokenomics is crucial. The project leverages burn/sell mechanics to influence EvoBit development, encouraging long-term holding and discouraging impulsive trading. This helps to create a more stable and engaged community. These combined elements distinguish Evolve from typical meme coins.

What is Evolve (EVOLVE) Used For?

The primary use of Evolve (EVOLVE) is as the native token within the Evolve ecosystem. It serves as the currency for in-game transactions, potentially including the purchase of items, upgrades, and other enhancements for EvoBits. Owning EVOLVE is also the fundamental requirement for participating in the evolution game and owning an EvoBit.

Beyond direct in-game utility, EVOLVE is intended to foster a sense of community and shared experience. The unique EvoBit concept encourages users to engage with the project on a deeper level, driving social interaction and collective participation. This creates a network effect that strengthens the Evolve ecosystem.

As the project develops, EVOLVE may gain additional utility through governance mechanisms. Holders of EVOLVE could have the opportunity to vote on proposed changes to the game, tokenomics, or overall direction of the project. This would further empower the community and ensure that the platform evolves in a way that aligns with its users’ desires.

How Do You Buy Evolve (EVOLVE)?

Purchasing Evolve (EVOLVE) typically involves using a decentralized exchange (DEX) or centralized exchange (CEX) that lists the token. The first step usually requires acquiring a base cryptocurrency, such as Ethereum (ETH) or Binance Coin (BNB), depending on the blockchain Evolve is built upon. This base cryptocurrency can often be purchased on popular exchanges like Binance or Coinbase.

Once you have the necessary base cryptocurrency, you’ll need a compatible cryptocurrency wallet, like MetaMask or Trust Wallet, to store your assets and interact with the DEX. You’ll then connect your wallet to the DEX platform. After that, you can swap your base cryptocurrency for EVOLVE tokens.

The process involves specifying the amount of cryptocurrency you want to exchange and confirming the transaction. Be sure to double-check the contract address for Evolve to ensure you are purchasing the correct token. The transaction also requires paying a gas fee, a small amount of cryptocurrency used to process the transaction on the blockchain.

How Do You Store Evolve (EVOLVE)?

Storing Evolve (EVOLVE) requires a cryptocurrency wallet that is compatible with the blockchain network on which the token is based. The most common options are software wallets, also known as hot wallets, which are applications that can be downloaded and installed on your computer or smartphone. Examples of popular software wallets include MetaMask, Trust Wallet, and Coinbase Wallet.

Hardware wallets, also known as cold wallets, are physical devices that store your private keys offline. These are considered the most secure option for storing cryptocurrencies, as they are not vulnerable to online attacks. Popular hardware wallets include Ledger and Trezor.

Choosing the right wallet depends on your individual security needs and preferences. If you plan to actively trade or use your EVOLVE tokens frequently, a software wallet may be more convenient. If you are primarily focused on long-term storage and security, a hardware wallet is generally recommended. Always remember to keep your wallet’s recovery phrase or private key safe and secure, as this is the only way to access your funds if you lose access to your wallet.

Future Outlook and Analysis for Evolve (EVOLVE)

Evolve (EVOLVE)’s future depends heavily on its ability to attract and retain a dedicated community. The unique concept of EvoBits and their connection to wallet behavior offers a novel approach to engaging users. The ability to evolve and battle, based on the owner’s on-chain behavior, could present many opportunities. However, the project’s success hinges on its ability to deliver on its promises.

The project’s long-term viability also depends on its ability to adapt to the evolving landscape of cryptocurrency and gaming. Staying ahead of trends and incorporating new technologies will be essential. The developers also need to address any potential security vulnerabilities and ensure the platform remains secure and reliable.

Evolve’s success will be measured by its ability to carve out a niche within the crowded cryptocurrency space. If the project can create a compelling and rewarding experience for its users, it has the potential to establish itself as a unique and innovative project. However, competition in the gaming and cryptocurrency space is intense. Evolve will need to continuously innovate to remain relevant and competitive.

References

CoinGecko

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