VANA Crypto Listing Done: Following the Fate of Other Projects?

17-12-2024

VANA Crypto Listing Done: Success or Another Project Disappointment?

In the wake of recent VANA Crypto Listing and other tokens emerging in the Telegram/TON ecosystem, investor sentiment appears uncertain. The contrasting market performances of the Nirvana token (VANA) and the $MAJOR coin highlight both the potential and the pitfalls that can arise after a Binance listing announcement or similar market debuts.

VANA’s Initial Upswing and Subsequent Decline

The highly anticipated VANA listing announcement introduced VANA token (also referred to as Nirvana token) to the market at roughly $23, boasting a substantial total supply of 112 million tokens. This initial valuation gave VANA a market capitalization of around $700 million and fueled speculations of a Nirvana token price surge. In the initial days, many investors were hopeful, eyeing a VANA token price surge and formulating their Vana Price Prediction strategies.

VANA’s Source: Binance

However, at the time of writing, $VANA trades near $20.38, marking an intraday dip of over 20.65%. Although the current market cap stands at $613.19 million with a robust 24-hour trading volume of $2.78 billion, skeptics question the long-term VANA price prediction. Despite the token’s substantial backing, the longevity and sustainability of Vana token price growth remain uncertain.

MAJOR Token’s Mixed Performance and TON Ecosystem Realities

Comparatively, the $MAJOR token price initially launched at $1 but slipped to $0.77, stabilizing around $0.787088 at present. Its market cap hovers near $65 million with $67.41 million in daily trading volume. While the $MAJOR coin has not completely collapsed, its moderate decline underscores how many recent Telegram-based tokens face an uphill battle.

VANA’s Source: Binance

Past listings like VANA Crypto and others have shown that initial hype can wane quickly, leaving behind cautious investors who recall tokens like $NOT, which offered no significant returns.

Investors remain wary due to previous disappointments, yet optimistic observers believe the TON ecosystem can still foster success. Future quality projects, improved governance, and refined tokenomics may facilitate sustainable growth. In the interim, trading in Nirvana token, VANA, and the $MAJOR coin will likely continue to reflect the delicate balance between measured optimism and lingering uncertainty.

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About the Author Deepmala Upadhyay

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Deepmala Upadhyay is an experienced crypto journalist, content strategist, and News writer with over 5 years of expertise in writing and the crypto industry. Holding a Bachelor's Degree in Computer Science and a deep understanding of blockchain technology and financial markets, she excels in delivering exclusive news, in-depth research blogs, and expertly crafted on-page SEO content. As a team lead and content writer at CoinGabbar, Deepmala is responsible for analyzing blockchain technologies, cryptocurrency, price movements, and the crypto market with precision and insight. Her keen ability to create well-researched, impactful content, combined with her expertise in market analysis, makes her a trusted voice in the crypto space.