VANA Key Points and Price Prediction: Overview of Binance Launchpool's 62nd Project

Introduction

VANA, the 62nd project on Binance Launchpool, is an EVM-compatible Layer 1 blockchain aimed at empowering user-owned data.

Farming and Allocation

Farming Period: December 14, 2024, 00:00 UTC – December 16, 2024, 00:00 UTC (2 days).

Staking Assets: BNB and FDUSD.

Reward Pool: 4.8 million VANA tokens (4% of total supply).

BNB Stakers: 85% of rewards.

FDUSD Stakers: 15% of rewards.

Trading Details

Trading Start Date: December 16, 2024, at 10:00 UTC.

Available Trading Pairs:

VANA/USDT

VANA/BNB

VANA/FDUSD

VANA/TRY

Initial Circulating Supply: 30,084,000 VANA (25.07% of the total 120 million supply).

Price Predictions

Estimated prices based on market cap (assuming stable circulating supply):

$6.65 at a $200M market cap.

$16.62 at a $500M market cap.

$33.25 at a $1B market cap.

Investor Insights

An unrelated token named VANA experienced a price surge due to confusion.

Designated as a Binance "Seed Tag" project, indicating an early-stage initiative.

Expect short-term volatility; investors are advised to perform due diligence.

Project Potential

Focus: Driving adoption of decentralized applications (dApps) with a focus on data privacy.

Governance: Token-holder voting on key network decisions.

Growth Potential: Could build a robust community and ecosystem.

Challenges: Compliance with global regulations and advancing user-centric blockchain solutions.

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