According to public information, the EDG coin was released in 2020 and is called Edgeware. According to its white paper, Edgeware is the first smart contract chain with a real-time mainnet. According to CoinMarketCap, Edgeware provides a blockchain platform that developers can use to build and deploy next-generation decentralized applications (DAPP).
In addition to the same name, Blue Whale Finance did not inquire about the currency’s other associations with the major hot team EDG, and the white paper did not mention anything related to the EDG team or e-sports.
But it seems that EDG coin is not the first time to enjoy the benefits of the same name. The price of its currency reached a new high of US$0.056 on March 30, 2021. At this time, it was in the League of Legends professional league spring game. EDG won the RAR2:0 game in the first two days.
On November 7th and 9th, Edgeware’s official social media account posted two consecutive content about the EDG team, “Congratulations to another powerful EDG for winning the semifinals!” and “gg”. The price soared due to hot events. Then it fell for a short period of time, and things seemed to be very similar to the squid coins that the dealer ran away after the skyrocketing a few days ago.