VTHO Price Surges 108% Amid Increased Trading Volume and Market Interest
VeThor (VTHO) Price Surge
- VTHO increased by 108% in 24 hours, reaching a market capitalization of $429.55 million.
- Analyst Javon Marks predicts VTHO could rise to $0.022693, implying a potential 350% gain.
- Trading volume surged by 7786.74%, now at $333.3 million; current rank is 163rd.
- Daily high reached $0.01071, the highest in four years, but still 88.24% below its all-time high of $0.04201.
- VTHO gained 116.52% over the past year and 95.93% in the last week.
- Resistance levels are between $0.004 and $0.005; potential retest expected due to recent popularity.
- Relative Strength Index (RSI) at 74.73 indicates overbought conditions, suggesting a possible correction to $0.0022.
VeThor Ecosystem Overview
- VTHO is vital for transaction fees and smart contract execution on the VeChainThor blockchain.
- Generated by holding VET tokens; generation rate depends on the amount held.
- Designed to stabilize transaction costs against market volatility.
