Question 1

What determines the price movement of Vanilla Network (VNLA)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Vanilla Network.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Vanilla Network, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Vanilla Network. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Vanilla Network on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Vanilla Network. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Vanilla Network and the broader cryptocurrency market.

Question 2

What is the highest price of Vanilla Network price in history?

Accepted Answer

Vanilla Network achieved the all-time high of 74.44 in 2021-04-01, and is currently trading at 0.446517.

Question 3

What is the lowest price of Vanilla Network price in history?

Accepted Answer

Vanilla Network reached its all-time low of  0.00213112 on 2022-03-02.

Question 4

What is the current market cap of Vanilla Network?

Accepted Answer

The current market cap of Vanilla Network is  253248.367788, as 567164 VNLA is trading at the price of 0.446517.

Question 5

How many Vanilla Network are there in the market?

Accepted Answer

There are currently 567164 VNLA circulating in the market. These Vanilla Network can be actively traded or used in the open market.

Question 6

What is the maximum supply of Vanilla Network?

Accepted Answer

The maximum supply of VNLA is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of Vanilla Network?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Vanilla Network is 446517.0000000. The FDV is calculated taking the assumption that all supply of Vanilla Network is circulation, multiplied by its current price of  0.446517.

Question 8

What is the price prediction of Vanilla Network ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Vanilla Network price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is Vanilla Network a good investment?

Accepted Answer

Vanilla Network offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Vanilla Network and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in Vanilla Network.

Question 10

How to buy Vanilla Network?

Accepted Answer

You can buy Vanilla Network via Gate by following the steps on <0>how to buy VNLA once you have funded your account.

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About Vanilla Network (VNLA)

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