Here is the analysis of VTHO on the daily timeframe:
Price performance:
Opening price: $0.00636983.
Today’s high: $0.00678181.
Today’s low: $0.00509478.
Daily change: 0.24221% higher than the previous close.
Technical indicators:
Moving averages: Showing neutral signals, indicating a balance between buying and selling forces.
Oscillators: Also showing neutral signals, reflecting the lack of strong momentum in either direction.
Market cap and trading volume:
Market cap: around $207.97 million.
24-hour trading volume: around $4.27 million.
Additional notes:
The coin has seen significant growth over the past week, with its price increasing by 164.52%.
VTHO is used to facilitate operations and transactions on the VeChainThor network, and is the basis for smart contracts on the network.
Please note that cryptocurrency markets are known for their high volatility. Therefore, it is always advisable to conduct thorough research and consult multiple sources before making any investment decisions.