Evai Newsletter June 2021

After a raft of euphoria in the crypto market, the inevitable happened in June – the great meme coin debacle ran out of fuel on the way to the moon, with many plummeting back to zero at speed. China decided to go after miners, causing what history will undoubtedly look back on as the most significant crypto miner exodus to date. At the same time, many investors saw their investments reduced in the midst of a sustained market downturn. The beginning of the bear market or a momentary dip on the way back to bullish movement? The Evai team are bullish, not least because of the defiance our EVAI token showed to the pull of the market. The bears are not lurking quite yet…

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