Vana Information

Vana is an intriguing newcomer in the cryptocurrency landscape, designed to enhance user privacy and security. Its unique approach combines advanced technology with community-driven governance, empowering users to take an active role in its development. As interest in decentralized finance continues to grow, Vana is positioning itself as a key player in fostering a more inclusive and secure financial ecosystem.

Vana

$10.12

  • Current Price $ : 10.12 $
  • Price Change 24h : 0.635313 $
  • Price Change % 24h : 6.6956 %
  • Market Cap : 311847707
  • Market Cap Change % 24h : 5.71728 %

Understanding Vana: An Overview

Vana, represented by the ticker symbol VANA, has recently gained attention in the cryptocurrency market. As of the latest data, Vana is currently priced at $17.80, a significant drop from its all-time high of $35.23 achieved just hours ago. Despite the recent volatility, Vana's market capitalization stands strong at approximately $553 million, indicating a robust interest in this cryptocurrency. This article aims to explore the advantages, disadvantages, historical performance, and future prospects of Vana.

Pros of Vana

One of the primary advantages of Vana is its strong community support and developer engagement. The project has a well-documented whitepaper that outlines its objectives and technological design, allowing investors and users to understand its fundamentals better.

Another significant advantage is its limited total supply of 120 million coins, which could contribute to scarcity and potential value appreciation in the long term. With a circulating supply of 30.8 million VANA, the tokenomics appear favorable for those looking to hold for the future.

Cons of Vana

However, Vana is not without its drawbacks. The recent fluctuations in price, notably a -47.83% change over the past 24 hours, raise concerns about its volatility. Such rapid price changes can lead to poor investment decisions driven by fear or excitement.

Additionally, the cryptocurrency market remains speculative. Vana's performance heavily depends on market trends and investor sentiment, which can be unpredictable. This characteristic makes it a high-risk investment, particularly for those less experienced in crypto trading.

A Historical Perspective

Over the past few weeks, Vana has seen significant price movements. Recently, the coin reached its ATH on December 17, 2024, at $35.23, but has experienced a rapid decline since then, touching an all-time low of $17.54. Such volatility illustrates the high-risk nature of cryptocurrency investments and suggests that Vana's market position could shift dramatically in the short term.

Despite this, Vana's recovery potential should not be overlooked. Historical trends in many cryptocurrencies show that they can rebound after substantial dips, especially if the underlying technology and community backing are solid.

Future Outlook for Vana

Looking ahead, the future of Vana remains uncertain but intriguing. The upcoming development milestones outlined in their roadmap could play a critical role in determining the project's success. Should the team be able to execute its plans effectively and maintain community engagement, Vana could experience a substantial rebound.

Moreover, as the cryptocurrency landscape evolves, regulatory developments and market trends will also significantly impact Vana’s trajectory. Investors should keep a close eye on broader market conditions, as these external factors can influence Vana's performance.

Conclusion

In summary, Vana offers both opportunities and challenges for potential investors. The strong community support and limited supply bode well for its long-term potential, while the volatility and market susceptibility pose risks. As Vana continues its journey in the cryptocurrency space, stakeholders must remain informed and cautious, balancing optimism with a practical understanding of market dynamics.

For more details, interested readers can visit the [official website](https://www.vana.org/) to stay updated on Vana's developments.

from price
$10

General Information

Title
Vana
Symbol
vana
Whitepaper
Website
Community
-
Last Updated
2025-01-21 23:51

Price Data

Current Price $
10.12 $
High 24h
10.98 $
Low 24h
8.94 $
Price Change 24h
0.635313 $
Price Change % 24h
6.6956 %

Market Data

Market Cap
311847707
Total Volume
78856866
Market Cap Change 24h
16864984
Market Cap Change % 24h
5.71728 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
30800000
Total Supply
120000000
Max Supply
120000000

Historical Data

All Time High (ATH)
35.23
ATH Change %
-71.2761 %
ATH Date
2024-12-17 00:40
All Time Low (ATL)
8.94
ATL Change %
13.21471 %
ATL Date
2025-01-21 06:45