The trading volume of Veno Finance (VNO) is $57,221.42 in the last 24 hours, representing a 55.50% increase from one day ago and signalling a recent rise in market activity. The highest price paid for Veno Finance (VNO) is $0.521713 , which was recorded on Feb 08, 2023 (3 months). Comparatively, the current price is -71.00% lower than the all-time high price. The lowest price paid for Veno Finance (VNO) is $0.091398486817 , which was recorded on Apr 09, 2023 (about 1 month). Comparatively, the current price is 65.80% higher than the all-time low price. Market capitalization of Veno Finance (VNO) is $25,149,340 and is ranked #640 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VNO tokens (170 Million tokens are tradable on the market today). The fully diluted valuation (FDV) of Veno Finance (VNO) is $303,609,958 . This is a statistical representation of the maximum market cap, assuming the maximum number of 2 Billion VNO tokens are in circulation today. Depending on how the emission schedule of VNO tokens are designed, it might take multiple years before FDV is realized. The community is bearish as more than 100% of users are feeling bad about Veno Finance (VNO) today.
There are two schools of thought in determining the price of Veno Finance.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Veno Finance, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Veno Finance from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Veno Finance on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Veno Finance as well.
HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Veno Finance and the cryptocurrency market as a whole.
2. What is the highest price of Veno Finance in history?
Veno Finance achieved the all-time high of ₦241.67 in 2023-02-08, and is currently trading at ₦62.97.
3. What is the lowest price of Veno Finance in history?
In 2023-04-09, Veno Finance reached the all-time low of ₦42.34.
4. Should I buy Veno Finance now?
It is important to remember that Veno Finance, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.