One of the coins that could give competition to the second Generation cryptos is Venus aka XVS. There was a point when the coin touched the mark of $145 USD. But later due to the crash of the crypto market it went down more than anyone had imagined. Now if you already do not invest in the coin we are here to help you. We will tell if you everything you need to know about this coin. We will try to make a correct Venus coin price prediction. After reading the article you can decide for yourself if you should invest in it or not.
What is Venus aka XVS Coin
Venus aka XVS is a synthetic stablecoin system and programmatic money market that was introduced solely on Binance Smart Chain (BSC).
The protocol brings a quick and easy-to-use crypto-asset allocation solution to the decentralized finance (Defi) ecosystem, allowing users to borrow directly against collateral at fast speeds while paying lower transaction costs. In addition, by depositing at least 200 percent collateral to the Venus smart contract, users can manufacture VAI cryptocurrency on-demand in seconds.
Venus coin price prediction
As of now the price of the coin is $26.65. The maximum supply of the coin is 30,000,000. And as of now, there are 10,203,138.00 XVS in circulation as of now. To make a correct prediction let’s look at the past trends. We will see that it is extremely volatile and anything could happen at any moment. But one thing we can say for sure is if you are planning to invest in it. You would not be disappointed. You can buy the coin at Binance, Gate.io, HitBTC, and other crypto trading platforms.
Will XVS ever reach $100 ever again
Looking at the trend as of now it future of XVS does not look so promising. But we can tell you that it will bounce back once it sees some stability. As of now pretty much every crypto is going down and Venus is one of them. So, losing hope by seeing the trend is not a solution. If you are someone who wants to invest in it this is the perfect time to do so. Not right now but after a few years, it will reach the $100 mark as it did before. Tell us in the comment section what do you think about Venus coin price prediction.
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