According to our VVS Finance price prediction, the token may soon undergo a solid downtrend trajectory after an extended consolidation near the bottom levels.
Crypto projects have been in the headlines in the market since their inception, and it is gaining more and more attention from tech leaders of the market due to its promising robust potential in the future. Developers around the globe have come up with new ideas and technologies to lead the crypto legacy further and add more value to the business economy. However, there are some hurdles regarding decentralized finance, transaction processing time, and user convenience. To eliminate all these issues, VVS finance aims to establish a network that adopts blockchain technology to provide simple and quick solutions to users. The Very Very Simple (VVS) finance token quickens adoption in financial institutions, artificial intelligence, commerce sectors, and communication bridges and eventually evolves the DeFi sector. The name of this token states its exact purpose, which is purely simplifying the entrance into the DeFi ecosystem. VVS finance is a significant DeFi project leveraging the Cronos network to function to increase the adoption and simplification of cryptocurrency by highlighting its user interface for new users. Our VVS Finance price prediction seeks to bring its project analysis and expected future potential with an in-depth technical analysis of the current price trend to help you decide the best investment option amid the market turmoil.
VVS Finance: A Quick Overview
VVS Finance, which stands for Very Very Simple, is a Decentralized Exchange (DEX) platform that works on the automated market makers (AMM) framework. This framework is independent and allows the VVS finance platform to function without the need for go-betweens or intermediaries. Also, the liquidity pools are regulated by the owners as it has a decentralized structure while maintaining full day-to-day functionality, unlike the traditional financial markets.
The VVS Finance protocol is a combination of smart contracts deployed on the Ethereum blockchain. The project aims to convert DeFi trading into an easy and accessible sector for billions of people worldwide. However, the project’s founders are anonymous, and the project’s roadmap is not well introduced in the execution of its goals. The token distribution for network maintenance, security, and development of the ecosystem is transparent, as the community holds the majority of the tokens while the remaining belongs to the developing team. Let’s find out VVS Finance’s current market details to clarify our VVS Finance price prediction better.
|Price Change 24h||+2.54%|
|Circulating Supply||32,007,460,453,211 VVS|
|All time high||$0.0001549|
|All time low||No Data|
|VVS ROI||No Data|
VVS Finance: Features And Roadmap
VVS token is the native and governance token of the VVS Finance protocol that allows users to make decisions on the developments within the protocol. VVS Finance was created to make sophisticated protocols accessible to everyone, and it is the most user-friendly DeFi platform, allowing you to swap tokens and earn high yields. Unlike a regular centralized exchange (CEX), VVS Finance is an Automated Market Maker Decentralized Exchange, so there are no middlemen or order books. VVS Finance has structured its Token Economics to incentivize all parties to promote the platform’s long-term viability and success.
The whitepaper states, “Built on the low-fee and high-speed Cronos blockchain, VVS Finance leverages proven and audited protocols. It stands out with a comprehensive and rewarding incentive program, powered by its governance token with the ticker of VVS. VVS Finance features liquidity pools, with each pool featuring a pair of tokens. Liquidity providers can deposit tokens into the pool, whereas traders could swap between the tokens.”
Based on their whitepaper, VVS finance is trying to establish a large DeFi ecosystem with a wide range of digital finance products, including swapping, stacking, and trading on the protocol, which is implemented for the ease of non-crypto natives. The protocol is supported by a blockchain accelerator start-up called Particle B and brands itself as the entrance into the DeFi revolution. The users are allowed to earn rewards by mining with the VVS miner to provide liquidity or even trading. Liquidity Providers (LP) are granted LP tokens to validate ownership based on how much liquidity they provide, and they’re also allowed to stake their tokens for lucrative VVS incentives and rewards. For every transaction and trade made in an LP currency pair, the supplier makes 0.2% as a reward which makes the pool users active on the network.
VVS Finance acquired significant partnerships in 2022, and it is presently partnered with Crypto.com (CRONOS), a cryptocurrency exchange platform that supports all kinds of crypto transactions like staking, trading, etc. Moreover, on 27 April 2022, VVS announced the listing of 11 tokens that will add liquidity to the CRO pools, which can be withdrawn at any time. It is anticipated that the platform will acquire more impactful partnerships this year and onboard more users to the network due to its robust working module.
VVS Finance Price Prediction: Price History
VVS token previously made excellent price momentum, and it fetched astronomical returns for its investors in the long term. Before heading toward VVS Finance price prediction, it is essential for investors to know its price history to get a rough idea of its potential and expected future prices. However, price history is not an indicator of our VVS token technical analysis.
VVS token was launched into the crypto trading market with a value of $0.00011 on 23 November 2021. The token quickly pumped due to the crypto boom that year, and VVS shot to a high of $0.00014 on 24 November. The VVS coin subsequently dropped to $0.0001154 on 26 November before surging again to $0.0001442 on 3 December 2021. Throughout December, the VVS price continued to fall, slipping to $0.00006827 on 13 December 2021 and dropping further to $0.00002382 on 22 January 2022. However, the coin made a significant recovery to $0.00004303 on 10 February 2022 but failed to hold its price momentum and dropped to $0.0000263 on 24 February. By 18 March, the coin was hovering around the low of $0.00002126.
However, as the broader crypto markets showed fleeting signs of recovery towards the end of the first quarter of 2022, the price picked up. On 28 March 2022, the coin was trading at $0.00002833, but the hike was not sustainable, and the crypto fell further and closed the month of April at $0.00001949. A market-wide crash which was triggered by LUNA’s fall in May and June, made the VVS token sink to new lows. VVS was on a stark downtrend in the following weeks, and sudden crashes throttled the already volatile markets, spooking investors and causing the value of the token to hit a low of $0.000004955 on 18 June 2022. After trading near its resistance zone of $0.000008 in August, the token has been sent to a death spiral following the collapse of the behemoth crypto exchange FTX as VVS saw a huge cash out from whale investors, creating extreme selling pressure in the VVS price chart. With a drop of over 50%, the VVS token made a low of $0.000002 on 3 January.
VVS Finance Price Prediction: Technical Analysis
VVS token is currently witnessing a solid bearish trend over the last few weeks, and it can soon collapse to a potential low in the near future. Moreover, several bankruptcy filings in the crypto space have shaken the community with rising concerns regarding trust and safety, putting extreme selling pressure on several altcoins’ price charts. Hence, our VVS price prediction aims to bring you an in-depth technical analysis using advanced technical indicators to invest amid the current market trend and guide you through a profitable investment plan.
According to CoinMarketCap, the current price of VVS trades at $0.0000031, with an uptrend of over 2.5% from yesterday’s performance. Our VVS crypto technical analysis reveals that this digital asset may soon flash bearish signals to new lows after a short-term consolidation. Looking at the daily price chart, VVS struggles to trade above the EMA-50 trend line at $0.0000035 as the negative sentiments in the market put a barricade on the price graph. Our VVS price analysis shows a downward market trajectory, which means that the asset is currently trading on a bearish path following the recent market crash. The VVS Finance market has been experiencing extreme volatility recently, with prices fluctuating between $0.000002 and $0.000004 over the past month. VVS token currently trades near an extreme fear zone which was brought about by FTX’s collapse, creating an uncertain situation for investors. However, the asset has barred itself from dropping further as it has built support at $0.0000025, from which the coin is making a slight upward retracement to its 31.8% Fib retracement. The Balance of Power (BoP) indicator trades in a bullish region of 0.73, which may push VVS to test its resistance near $0.0000032.
The popular indicator RSI-14 trades in a bullish region at the level of 40.54, which may send VVS upward to break its resistance near the 23.6% Fib levels. Moreover, the MACD line forms a climbing pattern in the chart as it ignites green candles near the signal line, signifying bulls’ domination in the VVS price chart. However, the SMA-14 does not look promising as it continues to trade near a selling region of 33, which may quickly trigger a downward journey for VVS to the bottom levels of $0.000001. However, an upward movement is forecasted if the VVS coin breaks above its EMA-100 trend line at 0.0000044; it may ignite a clear uptrend to its Bollinger band’s upper limit of $0.0000055, above which it may make an attempt to break its crucial resistance of EMA-200 at $0.0000075. Conversely, a further downfall is expected if VVS’s price drops below the critical support level of $0.0000022; below this price level, VVS may accelerate a sharp decline as it can trade near its Bollinger band’s lower limit of $0.0000014. If VVS fails to hold above $0.000001, it may accelerate for a more bearish bloodbath and trade near $0.00000094.
VVS Finance Price Prediction By BlockchainReporter
VVS Finance Price Prediction 2023
Our VVS Finance price prediction for 2023 expects a maximum trading price of $0.00000506, with an average trading price of almost $0.00000427. VVS Finance might retrace downward with a minimum price of $0.00000412 by the end of 2023.
VVS Finance Price Prediction 2024
VVS boasts of developing solid and promising fundamentals for the crypto space. VVS Finance price prediction for 2024 predicts that the token will extend its bullish momentum and likely achieve a maximum price level of $0.00000725. After that, VVS crypto might record a low of $0.00000597, with an average trading price of $0.00000614.
VVS Finance Price Prediction 2025
Our VVS Finance price prediction for 2025 anticipates a minimum value of $0.00000859 and a maximum value of $0.00001035. In addition, our VVS Finance price forecast for 2025 predicts an average trading price of $0.00000883.
VVS Finance Price Prediction 2026
VVS Finance may witness a significant rise in 2026 and bring a great return on investment to its long-term holders. Our VVS Finance price prediction for 2026 expects a maximum trading price of $0.00001472 with an average trading price of $0.00001296. VVS Finance may trade at a minimum value of $0.00001260.
VVS Finance Price Prediction 2027
The crypto market may soon end the tears and tantrums and overcome its current turmoil as it is building potential for a bullish comeback and is expected to skyrocket in the next few years. Our VVS Finance price prediction for 2027 suggests that it may touch a maximum trading price of $0.00002197. VVS Finance may trade at an average price of $0.00001883 with a minimum value of $0.00001818.
VVS Finance Price Prediction 2028
Our VVS Finance price prediction for 2028 states that it may touch a maximum price of $0.00003164 and an average trading price of $0.00002682. The minimum value for the VVS cryptocurrency is predicted to hit $0.00002607.
VVS Finance Price Prediction 2029
In the upcoming years, VVS Finance may gain attractive partnerships due to its user-friendly environment that can push its price to the North. Our VVS Finance price prediction for 2029 expects a maximum price for this token to be $0.00004654 and a minimum price of $0.00003726. VVS crypto may reach an average value of $0.00003860.
VVS Finance Price Predictions 2030
Depending upon the future market potential and feedback from the community, VVS coin can see a maximum price level of $0.00006550 with an average trading price of $0.00005448. However, VVS Finance is projected to hit the bottom level at $0.00005293 by the end of 2030.
VVS Finance (VVS) Price Prediction 2031
According to our VVS Finance price analysis, the VVS Finance token may bring a bullish wave to investors’ portfolios as the token has solid promises ahead. The price of VVS is projected to reach a maximum price value of $0.00009115, with an average trading price of $0.00007916. The minimum trading price of VVS is predicted to be $0.00007643 by the end of 2031.
VVS Finance Price Prediction 2032
VVS Finance price is forecasted to reach a minimum level of $0.00011106 in 2032. As per our prediction, the VVS price could reach a maximum value of $0.00013183 with an average forecast price of $0.00011502.
VVS Finance Price Prediction: Industry Experts
According to DgitalCoinPrice’s VVS Finance price prediction, the price of VVS is expected to surpass the level of $0.00000415 in 2023. By the end of the year, VVS Finance is expected to reach a minimum value of $0.00000256. In addition, the VVS price is capable of securing a maximum level of $0.00000660. In 2025, VVS is expected to trade above the level of $0.0000316. By the end of the year, VVS Finance is expected to reach a minimum price of $0.0000301. In addition, the VVS price may attain a maximum level of $0.0000324.
Wallet Investor’s VVS Finance price prediction states a bearish market for VVS in the future as the token may attain an average value of $0.000000797, with a minimum value of $0.000000399 and a maximum value of $0.00000120 in 2024. In 2027, the VVS token can hit an average value of $0.000000192, with a minimum value of $0.000000096 and a maximum value of $0.000000288.
Is VVS Finance A Good Investment? When Should You Buy?
The world of DeFi has flourished over the past year, with new blockchains, ecosystems, and protocols like VVS Finance designed to give individuals financial autonomy. Considering its whitepaper and developments in the network, the token may turn out to be a prominent crypto coin in the future with an overwhelming value, making it a good investment option. Our VVS Finance price prediction advises a buying opportunity at $0.0000025 for a great ROI in the next five years.
VVS Finance is a new cryptocurrency in the DeFi space, and it has gained the potential to become one of the top DeFi projects in the crypto space. The team behind this crypto project continues to develop the project’s ecosystem and promises a bright future ahead. According to our VVS Finance price prediction, we expect this coin to increase in the future. However, it is advised to do your own research and conduct investment advice from experts’ opinions before investing in the volatile market.