So Monero is rubbish now? Its strange to see monero devs or supporters jumping/launching a new coin. Its only shows luck of faith into monero, and it seems as xmr is already a lost cost, so it time to start new coin.
Monero isn’t rubbish.
In this case we cannot say that Monero is garbage, when it is on many platforms and has a great crypto journey, in fact for many the best privacy currency is Monero, but since there are many competing currencies, it is normal that AEVO wants to give a Good sense and with a large share in the market, the bad thing is that for AEVO it is not yet seen that it can take a bullish turn, but it is one of the currencies that have not fallen much, just at this moment it has a -1.45%:

Source: tradingview.com
As almost all altcoins can be seen to go up at any time, but it depends entirely on the movement of BTC, I would think that it is a good time for the entire AEVO community to come together to boost the currency.