#VANA
With a maximum supply of 120 million VANA tokens, the stabilization analysis must consider the limited supply available, which may support a higher price if demand persists. We will adjust the expectation based on this.
Stability Expectation:
1. Impact of Maximum Supply:
A maximum supply of 120 million positions VANA in the category of tokens with limited issuance, which, under favorable market conditions, may favor a stabilization in the $15 to $20 range in the medium term, given continued market interest.
This range depends on factors such as the token's adoption, its utility in the metaverse, and the support of the crypto community.
2. Comparison with Similar Tokens:
Tokens with limited issuance, such as some governance or utility tokens in the metaverse, tend to maintain values above $5 when well supported by liquidity and trading volume.
Examples include Decentraland (MANA), with around 2.1 billion circulating tokens, and Sandbox (SAND), with 3 billion, both of which are operating in relatively high price ranges due to adoption.
3. Risks and Volatility
The recent explosive rally (with peaks close to $30) could indicate significant speculation. Abrupt sell-offs by early holders could lead to severe corrections.
Stabilization will depend on the delivery of clear use cases and the consolidation of trust in the team behind the project.
Conclusion:
If the market maintains its enthusiasm and the 120 million supply is well managed, VANA could stabilize between $15 and $20 in the coming days or weeks. However, without tangible progress in the project, there is a risk that the price will retreat significantly to lower support levels.