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Will VeThor (VTHO) 65% Surge Hit the Anticipated $0.01 Mark Soon? Analyst Weighs In

3M ago
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  • VeThor Token soared 66.96% in the last day, hitting $0.006148 with a 147% weekly increase.
  • VTHO’s market cap reached $447 million as VTHO’s trading volume spiked by 433%.
  • Technical signals hint at VTHO’s bullish momentum, with increased volatility.

VeThor Token (VTHO), a significant component in the utility of the VeChainThor blockchain, has experienced a remarkable surge as its price doubled in only 24 hours. The traded data indicates the current price of VTHO as $0.006148, a 66.96% increment from the previous day and an increase of 147% in a week. 

VTHO/USD 24-hour price chart (source: CoinStats)

This pump has pushed the token’s market capitalization to $447 million from its 73 billion circulating supply. Concurrently, VTHO’s 24-hour trading volume witnessed a 433% surge to $346,171,725.

Market Analyst Tells of Risk- But Also Gain

According to crypto analyst Crypto 4Light in video analysis, VTHO is expected to go upward with the crucial resistance level at $ 0.01. Although optimistic regarding the outlook, he warns investors about possible volatility and advocates vigilance against quick asset price hikes and market oversupply. He recommends tra…

The post Will VeThor (VTHO) 65% Surge Hit the Anticipated $0.01 Mark Soon? Analyst Weighs In appeared first on Coin Edition.

3M ago
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0

bearish:

0

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