The price of EtherVista increased 100 times in two days. What is it?
Written by: shaofaye123, Foresight News
Since Vista was launched, its market value has soared, reaching 30M in just two days, ranking first in Ethereum gas consumption. Twitter and the community have been popular, and have attracted a lot of traffic in the recent market. Some people say it is ETH's Pump.fun and another innovation of Uniswap. Others say it is a joint market manipulation by the conspiracy group. The market is arguing endlessly, and EtherVista has convinced people with its rise. This article will take you to review the fermentation of EtherVista, actively review it, and look for the next Alpha.
What is EtherVista?
EtherVista (http://ethervista.app) is a decentralized exchange protocol built on the Ethereum blockchain. Its platform coin Vista has a deflationary destruction mechanism that can promote platform development through a special economic model. EtherVista's swap protocol not only provides basic token exchange functions, but also introduces a series of innovative features, including charging transaction fees in ETH and mandatory lock-up period for initial liquidity.
EtherVista has some micro-innovations, including:
- ETH Transaction Fees: Ethervista charges transaction fees in native ETH. This is different from the current AMM standard of paying 0.3% of each transaction in tokens, which increases the attractiveness of the platform.
- Initial liquidity lock: EtherVista requires initial liquidity providers not to withdraw their funds within 5 days. This mechanism maintains liquidity stability and prevents short-term large sell-offs. Market makers and creators benefit from trading volume rather than token prices, encouraging long-term rather than short-term price behavior.
- Contract Customizability: EtherVista provides a certain degree of contract customization capabilities, providing room for possible future innovations.
From the perspective of the project itself, such micro-innovations are not rare. But from the results, the market seems to be very willing to pay for it. Why is the market so enthusiastic about it, and where is the next opportunity?
How is EtherVista fermented?
First, let’s briefly review the development of EtherVista.
As early as July, the project attracted a small amount of attention, but the popularity was mediocre. It was not until August 31 that EtherVista announced on Official Twitter that Vista's Fair Launch would be held on the morning of September 1, and the popularity in the Degen community gradually increased.
Unlike in the past, this time EtherVista was first discovered by Chinese people and they participated in the early entry, but the increase was small. After it went online at 0:00 am on September 1, it experienced the first wave of small increases, reaching a maximum of 2.8 u, and then quickly retreated to 0.5 u.
On September 2, Jingtao found that the Dev-related address was an early ETH whale and an assistant professor at ETH Zurich. Since then, foreign KOLs have joined the game, and the top foreign KOLs such as Pow and Spider have also joined the shill, and the price of the currency has soared rapidly, with the market value almost reaching 30 M, and has now fallen back to 17 M. The holdings of the top 70 buyers of VISTA have dropped from 56% to 3.29%.
After Vista surged, Vista Zoo series emerged one after another, and VistaDOG, VistaCAT, and VistaPEPE were quickly deployed. Among them, VistaDOG became the leader, with a market value of up to 4 M, and now it has fallen back with Vista. In addition, the clamp robot was also launched quickly during this heat, and some scientists have earned 22 ETH a day, but with the entry of ae13 top bots, many clamp robots have been eliminated.
Review
Why is the market so enthusiastic about this?
market:
- The market has been sluggish recently and needs new things to inject vitality. There is a market opportunity.
- Pump.fun's enthusiasm continues, and micro-innovation is still being paid for by the market. Having missed out on players such as Sun.Pump, it is urgent to find new targets to participate in. There are players participating.
- Chinese people took the lead in participating, foreign KOLs shill, and people from the East and the West joined in to create momentum. There was capital inflow.
project:
- The selected track has advantages. As a micro-innovation of Uniswap and Pump.fun, it has attracted attention. There is a traffic tilt.
- The project team has a certain background and certain endorsements .
Although EtherVista is temporarily bought by the market, how long the popularity can be maintained depends on the trend after the LP is unlocked and the subsequent capital inflow. After all, the market attention changes extremely quickly, so it doesn’t matter if you miss EtherVista. In the market, the liquidity and opportunities on the chain are still there. Timely review can find the next Alpha. We need to:
- Tracing back early participants: KOLs who first followed EtherVista and have more than 5,000 followers, foreign KOL groups that shill, etc., need to be added to the observation list in a timely manner.
- Find the front row address: Track Vista's front row holdings and associated addresses, and keep an eye on Dev.
- Look for Beta in time after the popularity has fermented: for example, determine whether you can participate in the Vista Zoo series in time.
- Establish on-chain indicators : pay attention to signals such as smart money buying and short-term increase in trading volume.
Stay sensitive to the market, the next 100x coin is beckoning.
