Binance Launchpool has introduced Vana (VANA) as its 62nd project, capturing the attention of cryptocurrency enthusiasts worldwide. The announcement created a buzz, with the Nirvana token, VANA, witnessing a price spike of up to 2700%.
Key Launch DetailsĀ Ā
Binance has confirmed that VANA will be listed on December 16, 2024, at 10:00 UTC. The available trading pairs include VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY. Before the listing, farming rewards are capped at 4,800,000 VANA tokens, representing 4% of the total supply.Ā Ā
Reward distribution details are as follows:Ā Ā
- 85% allocated to the BNB pool, with an hourly reward of 8,500 VANA tokens.Ā Ā
- 15% assigned to the FDUSD pool, with 1,500 tokens available hourly.Ā Ā
This ensures equitable distribution through farming, with caps for every user.Ā Ā
Vana TokenomicsĀ Ā
Here are the highlights of the Vana project:Ā Ā
- Total Token Supply: 120 million VANAĀ Ā
- Airdrop Rewards: 4.8 million VANAĀ Ā
- Initial Circulating Supply: 30,084,000 VANA (25% of total supply)Ā Ā
VANA Coin Price PredictionĀ Ā
Current Market SentimentĀ Ā
The token has experienced a significant 911% price surge, signaling potential growth or a breakout from previous consolidation. However, some resistance and support zones must be closely monitored.Ā Ā
Key Price LevelsĀ Ā
- Resistance Zones: The price faces resistance at $0.0012 to $0.0015, which could lead to short-term profit-taking.Ā Ā
- Support Levels: The nearest support is at $0.0009, with stronger support at $0.0007, aligning with recent breakout levels.Ā Ā
Bullish ScenarioĀ Ā
If the token maintains its bullish momentum, the price could surpass $0.0015. A breakout above this level may push it toward $0.002 in the short term.Ā Ā
Bearish ScenarioĀ Ā
Market corrections might occur as the token's RSI shows overbought conditions. If the price dips below $0.0009, it could retrace to $0.0007, consolidating before the next move.Ā Ā
Whatās Next for VANA?Ā Ā
The Vana listing reaffirms Binanceās role in promoting innovative blockchain projects and creating market excitement. For traders, this is an excellent opportunity to invest early in a promising project. As the crypto market evolves, Vanaās integration with Binance could pave the way for further adoption and growth.
#vana #Vana Coin Price Prediction: What to Expect After Binance Launchpool
Vana (VANA) Price Prediction: Surge Expected After Binance Launchpool Announcement
Binance Launchpool has introduced Vana (VANA) as its 62nd project, capturing the attention of cryptocurrency enthusiasts worldwide. The announcement created a buzz, with the Nirvana token, VANA, witnessing a price spike of up to 2700%.
Key Launch DetailsĀ Ā
Binance has confirmed that VANA will be listed on December 16, 2024, at 10:00 UTC. The available trading pairs include VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY. Before the listing, farming rewards are capped at 4,800,000 VANA tokens, representing 4% of the total supply.Ā Ā
Reward distribution details are as follows:Ā Ā
- 85% allocated to the BNB pool, with an hourly reward of 8,500 VANA tokens.Ā Ā
- 15% assigned to the FDUSD pool, with 1,500 tokens available hourly.Ā Ā
This ensures equitable distribution through farming, with caps for every user.Ā Ā
Vana TokenomicsĀ Ā
Here are the highlights of the Vana project:Ā Ā
- Total Token Supply: 120 million VANAĀ Ā
- Airdrop Rewards: 4.8 million VANAĀ Ā
- Initial Circulating Supply: 30,084,000 VANA (25% of total supply)Ā Ā
VANA Coin Price PredictionĀ Ā
Current Market SentimentĀ Ā
The token has experienced a significant 911% price surge, signaling potential growth or a breakout from previous consolidation. However, some resistance and support zones must be closely monitored.Ā Ā
Key Price LevelsĀ Ā
- Resistance Zones: The price faces resistance at $0.0012 to $0.0015, which could lead to short-term profit-taking.Ā Ā
- Support Levels: The nearest support is at $0.0009, with stronger support at $0.0007, aligning with recent breakout levels.Ā Ā
Bullish ScenarioĀ Ā
If the token maintains its bullish momentum, the price could surpass $0.0015. A breakout above this level may push it toward $0.002 in the short term.Ā Ā
Bearish ScenarioĀ Ā
Market corrections might occur as the token's RSI shows overbought conditions. If the price dips below $0.0009, it could retrace to $0.0007, consolidating before the next move.Ā Ā
Whatās Next for VANA?Ā Ā
The Vana listing reaffirms Binanceās role in promoting innovative blockchain projects and creating market excitement. For traders, this is an excellent opportunity to invest early in a promising project. As the crypto market evolves, Vanaās integration with Binance could pave the way for further adoption and growth.
#vana #BinanceLaunchpoolVANA #VANAToken #vanaprice