VANA coin: potential or bubble? In-depth analysis of its future trend
VANA coin plays a vital role in the Vana network. It is not only the core tool for participating in DLP (data liquidity pool) staking, but users can participate in the construction and operation of the data pool by staking VANA coins; at the same time, VANA coins also give holders governance voting rights, allowing them to make joint decisions and influence the future direction of the Vana network.
In addition, VANA coins can also be used to pay transaction fees, incentivize contributors, and data access fees, etc., with rich functions.
However, it should be noted that the total number of VANA coins is 120 million, but only a quarter of them, about 30 million, are currently in circulation.
If calculated at the current price of $35, this market value exceeds the total number of Ordi coins, which is only 21 million, which makes people question its subsequent value.
Although its initial price seems to have skyrocketed, the market reality may not be so optimistic. There is a high probability that this rapid surge will be followed by a callback, and as a large number of tokens are unlocked, the price may gradually fall back. It is expected that the price below $10 is a more reasonable level.
Therefore, if you plan to participate, it is recommended to consider carefully, the future potential is not significant, and there may be a risk of continued decline.
