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Is EVAA Protocol a scam?

HIGH RISK · 55/100

EVAA Protocol (EVAA) has an automated risk score of 55/100 — high risk. EVAA Protocol has severe tokenomics designed to benefit early insiders: only a fraction of total supply is currently circulating, meaning large future releases will continuously dilute and destroy retail investor value. Down 93% from ATH — severe collapse, most investors are deeply underwater. Only 13.2% in free float — severe future dilution and heavy concentration; a small group can pin then dump the price.

Automated assessment · updated 1 August 2026

EVAA Protocol

EVAA Protocol

evaaHIGH RISK
Hyperinflationary

$0.9263

+18.30% (24h)

updating live price…

Risk Assessment

55/ 100

Risk Score

HIGH RISK

EVAA Protocol has severe tokenomics designed to benefit early insiders: only a fraction of total supply is currently circulating, meaning large future releases will continuously dilute and destroy retail investor value. Down 93% from ATH — severe collapse, most investors are deeply underwater. Only 13.2% in free float — severe future dilution and heavy concentration; a small group can pin then dump the price.

Here is what the public data shows about EVAA Protocol, ordered by how strongly each factor contributes to the score:

  • Price Collapse: Down 93% from ATH — severe collapse, most investors are deeply underwater.
  • Supply Structure: Only 13.2% in free float — severe future dilution and heavy concentration; a small group can pin then dump the price.
  • Market Cap Risk: Market cap under $10M — highly susceptible to whale manipulation.
  • Volume Anomaly: Volume is 71% of market cap — elevated, warrants monitoring.

These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.

Why this asset is flagged as high-risk

The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.

Hyperinflationary

Massive unreleased token supply will continuously dilute existing holders' value

Risk Factor Breakdown

Each factor is scored independently and weighted to calculate the total risk score.

Price Collapse

Price Action

20/25

80%

Severe ATH drawdown signals exit scams, abandoned projects, or post-pump dumps

Finding: Down 93% from ATH — severe collapse, most investors are deeply underwater

Volume Anomaly

Trading Signals

7/20

35%

Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps

Finding: Volume is 71% of market cap — elevated, warrants monitoring

Market Cap Risk

Market Structure

7/15

47%

Small market caps can be trivially manipulated by a single large holder (whale)

Finding: Market cap under $10M — highly susceptible to whale manipulation

Supply Structure

Tokenomics

16/20

80%

Free float (circulating vs total/max supply). A low float means both future dilution from locked reserves and concentration enabling single-hand price control (estimated; verified holder data is scored separately).

Finding: Only 13.2% in free float — severe future dilution and heavy concentration; a small group can pin then dump the price

Price Volatility

Price Action

5/15

33%

Extreme short-term price swings are a hallmark of coordinated pump-and-dump schemes

Finding: 18.3% swing in 24h — elevated volatility

Transparency Gaps

Transparency

0/10

0%

Legitimate projects have verifiable public websites, whitepapers, and open-source code

Finding: Basic transparency checks passed

Key Metrics

Market Cap$6.13M
24h Volume$4.34M
Vol / MCap70.9%
All-Time High$13.62
ATH Drop-93.20%
ATH Date9 months ago
Circulating Supply6.62M
Total Supply50.00M
Max Supply50.00M
7d Change
30d Change

Protect Yourself

  • • Never invest more than you can afford to lose entirely
  • • Check token concentration — if top 10 wallets hold >50%, be cautious
  • • Verify the team is public and doxxed
  • • Read the smart contract audit before buying
  • • Be wary of unrealistic APY promises
Full Guide: How to Spot Scams →

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EVAA Protocol holder-concentration history

0 daily measurements

FraudCoins.com has recorded 3 daily measurements for EVAA Protocol since 29 Jul 2026.

Composite risk score (0–100)

1005002026-07-302026-08-01

Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.

No on-chain holder measurement for EVAA Protocol

The score above is derived from public market data only. We have not measured this asset’s top-10 holder concentration — our on-chain scan covers ERC-20-style tokens on seven EVM chains above $50M market cap, so native coins (such as Bitcoin) and tokens on unsupported chains are out of scope. The absence of a concentration figure is not a clean bill of health — it means the check was not performed.

You can run the same analysis yourself on any contract address with our free token checker, or read exactly what we measure in the methodology.

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Frequently asked questions about EVAA Protocol

Is EVAA Protocol a scam?

EVAA Protocol (EVAA) carries an automated risk score of 55/100, rated high risk by FraudCoins.com. EVAA Protocol has severe tokenomics designed to benefit early insiders: only a fraction of total supply is currently circulating, meaning large future releases will continuously dilute and destroy retail investor value. Down 93% from ATH — severe collapse, most investors are deeply underwater. Only 13.2% in free float — severe future dilution and heavy concentration; a small group can pin then dump the price. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.

Why is EVAA Protocol flagged as high risk?

EVAA Protocol's risk score is driven mainly by: price collapse — Down 93% from ATH — severe collapse, most investors are deeply underwater; supply structure — Only 13.2% in free float — severe future dilution and heavy concentration; a small group can pin then dump the price; market cap risk — Market cap under $10M — highly susceptible to whale manipulation.

Is EVAA Protocol safe to buy?

FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. EVAA Protocol scores 55/100 (high risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.

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