The trading volume of Victory Gem (VTG) is $13,125.63 in the last 24 hours, representing a -5.60% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for Victory Gem (VTG) is $0.045794165433 , which was recorded on Apr 29, 2022 (11 months). Comparatively, the current price is -97.20% lower than the all-time high price. The lowest price paid for Victory Gem (VTG) is $0.000934865248 , which was recorded on Dec 03, 2022 (4 months). Comparatively, the current price is 36.90% higher than the all-time low price. Market capitalization of Victory Gem (VTG) is - and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VTG tokens (0 tokens are tradable on the market today). The fully diluted valuation (FDV) of Victory Gem (VTG) is $1,277,785 . This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion VTG tokens are in circulation today. Depending on how the emission schedule of VTG tokens are designed, it might take multiple years before FDV is realized. There are no votes on Victory Gem (VTG) today. Be the first to vote and share this with your community.
There are two schools of thought in determining the price of Victory Gem.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Victory Gem, 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 Victory Gem 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 Victory Gem 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 Victory Gem 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 Victory Gem and the cryptocurrency market as a whole.
2. What is the highest price of Victory Gem in history?
Victory Gem achieved the all-time high of ₦21.20 in 2022-04-29, and is currently trading at ₦0.58.
3. What is the lowest price of Victory Gem in history?
In 2022-12-03, Victory Gem reached the all-time low of ₦0.43.
4. Should I buy Victory Gem now?
It is important to remember that Victory Gem, 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.