VVS Finance is one of the newer cryptocurrencies backed up by a start-up Particle blockchain accelerator. As of 29 May 2022, VVS Finance was ranked #239 when it was compared with other decentralized exchanges. This VVS Finance price prediction delves into the trends of this cryptocurrency in the future.
VVS has been termed the gateway of the decentralized finance movement, and it is expected to reach billions of users worldwide. VVS Finance website states that users can earn income through trading either as a liquidity provider or as a VVS miner. Liquidity providers are given LP (Liquidity Provider) tokens as proof of ownership, which they can then stake to receive rewards.
VVS Finance Price Prediction | Introduction
Ever since the coin was launched, its price rose immediately to $0.0001542 before it began to dip. Currently, the market cap of VVS Finance stands at $260.4 Million, with a circulating supply volume of 16,932,186,442,055 VVS coins and a maximum supply volume of 42,479,402,440,734 VVS.
Its 24h trading volume stands at $260.4 Million. To understand how VVS Finance has behaved ever since it was launched, this VVS Finance price prediction looks at the price possibilities that will exist in the future.
VVS Finance Price Prediction: Technical Analysis
Since its launch in November 2021, VVS Finance has been stuck on a bearish trend, but it is speculated that its turnaround season is near. In the final days of the past year (2021), VVS Finance showed some potential in its price.
The prices in December were steadily headed downhill, and this trend was pushed into the next year (2022). On 25 December, the price of VVS Finance stood at $ 0.000068 and dropped to $ 0.000055 as the year ended. By 10 January 2022, the prices have decreased further to $0.000040.
Even though there were speculations that the prices would increase over time once it was well-integrated with the market, there have been no improvements in the price of VVS Finance. Instead, the continuous bearish market has led to a further drop in price.
At the start of May 2022, the price of VVS Finance stood at a mere $ 0.000019, and the drop is ongoing. Considering this trend, it is clear that VVS will soon be worth nothing unless there is a significant change in the market.
As noted in the past prices, it is also important to look at forecasts from crypto analysts to better understand this cryptocurrency’s future for its investors. Therefore, this VVS Finance Price Prediction piece will review the various speculations in price that this currency is likely to face in the future.
VVS Finance Price Prediction: Market Opinions
Wallet Investor
According to the Wallet Investor VVS Finance price prediction, this digital asset is incredibly a bad investment. Currently, VVS is trading at a mere $0.0000163, and the price is expected to drop further in the coming months. In the current month of May, the price of VVS is expected to plummet in the coming days.
Regarding whether the price of VVS will ever hit a dollar, Wallet Investor has forecasted that it will not happen. Instead, the price of VVS Finance is expected to drop from its current price to $0.00000173 at the start of June with a maximum price of $ 0.00000260 and a minimum price of $0.000000867. A further price drop is expected in July, starting the month with an average of $0.00000161 with a minimum price of $0.000001 and a maximum of $0.00000241.
Crypto Prediction
Crypto Prediction recognizes VVS Finance as a very new asset, and therefore, the information they have on this asset is limited. However, it is speculated that VVS Finance’s price is likely to increase in the coming months gradually. At the beginning of May, the price of VVS Finance stood at $0.000019593715289. According to their forecast, by the end of the month, the price will have increased to $0.000020235308577 with a maximum price of $0.000023763752419 and a minimum price of $0.000016159351645.
For June, the maximum and minimum forecasted price is expected to be $0.000025376437531 and $0.000017255977521, respectively, bringing its average to $0.000021997029951. With the coming months being promising, the price of VVS Finance is expected to increase throughout the year and next year. This VVS Finance coin price prediction sheds more light.
Price Prediction
According to Price Prediction, VVS Finance is having a hard time getting at par with other existing crypto assets, and this means that the coin is not profitable for those looking to invest in the short term. However, for the year 2022, VVS Finance Price Prediction is expected to pick up the pace gradually.
The coin is expected to reach a maximum level of $0.00003367 and a minimum level of $0.00002806, bringing its average to $0.00002894. VVS finance is expected to end May with a maximum price of $0.00002656 and a minimum price of $0.00002314, bringing its average price to $0.00002423.
A slight increment in the average price is expected in June, settling the price at $0.00002472. For long-term investors, VVS Finance price prediction 2030 would give more information.
For the year 2023, Price Prediction has forecasted that there will be an increase in price for VVS Finance. As a result, the lowest price expected at the end of the year will be $0.00003900, with the highest price in place being $0.00004877, bringing its average price to $0.00004045.
It is clear that the price growth of VVS Finance is slow but steady, and therefore, those looking for long-term investments may reap good returns by investing early in this digital asset.
Latest News and Happenings Concerning VVS Finance
This week alone, the price of VVS Finance has dropped by a significant 28.15%. The decline experienced in the past 24 hours is 6.78%. About two months ago, VVS Finance joined hands with two other DeFi projects, Solidly and Juno, to boost the DeFi space. In this collaboration, VVS Finance aimed to provide instant swaps with low fees, low slippage, and higher yields for liquidity providers.
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VVS Finance Price Prediction: Verdict
Considering the price trend that VVS Finance has shown in the past months making up this year, we can conclude that there will be little or no improvement for the rest of the year. The VVS Finance crypto market has been bearish, and it will continue in the coming months.
In addition, even though the market was intended to grow in the future, it is highly unlikely that there will be remarkable growth. Therefore, VVS Finance is a poor investment both in the short term and in the long term. The trend in price indicates that shortly, the worth of VVS Finance will be worth $0.
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Source: https://coindoo.com/vvs-finance-price-prediction/