Vanar Chain is a layer-1 blockchain aimed at mass market adoption. VANRY is the native gas token of Vanar Chain and is designed to fuel transactions and smart contract operations within the platform.
The project was founded by Jawad Ashraf, the CEO of Vanar. It offers a built-in decentralized exchange (DEX), a crypto wallet, and an NFT trading platform.
This article is your go-to guide for understanding the Vanar Chain platform and its native token. I will explain the key features of the project, the economics of the token, the asset’s performance over the previous years, and the future forecasts. In the end, I will also add the places you can buy the token from and how to do it. Let’s dive right in!
Vanar Chain Key Features
| VanarChain Mainnet | The layer-1 network of Vanar allows developers to deploy decentralized applications and execute smart contracts. |
| VanarDEX | The platform offers a DEX with its mainnet. Like other DEXs, it allows users to swap tokens securely without relying on centralized intermediaries |
| VanarBridge | This vertical connects VanarChain with other blockchains, facilitating seamless data and asset transfer across chains. |
| VanarWallet | It is a crypto wallet for storing and managing digital assets. Users can hold VANRY tokens and other supported cryptocurrencies. |
| VanarNFT | The project also offers a platform dedicated to NFT (Non-Fungible tokens) creation, trading, and storage. It allows artists, collectors, and enthusiasts to participate in the NFT space. |
Vanar Chain (VANRY) Tokenomics
VANRY has a total supply of 1,387,751,040 tokens, of which 1,365,932,859 of them are in circulation. The token supply is capped at 2.4 billion.
Vanar Chain (VANRY) Asset Performance
At the time of writing, VANRY is traded at $0.297, nearly 60% up from yesterday’s prices.
The current market capitalization stands just shy of $400 million. The 24-hour trading volume is close to $300 million, over 850% more than yesterday’s numbers.
Vanar Chain (VANRY) Price Prediction
Technical indicators suggest that the market sentiment is Neutral even though the Fear & Greed Index is at a high 81 signaling extreme greed. VANRY has recorded 19 (63%) green days in the last month with a very high 41.90% price volatility.
2024: According to our technical team, the price of the Vanar Chain token price is expected to rise by 30.05% and reach $ 0.3431 by next week.
2025: Moving to 2025, VANRY’s price is expected to fall between $ 0.2638 on the lower end and $ 1.2419 on the high end. If we compare that with today’s prices, this will be a neat profit of 328.78% by the end of the year.
2030: Talking about VANRY price predictions in 2030, the speculated prices range between $ 0.6599 on the lower end and $ 1.0699 on the high end. Compared to today’s price, this will be a 268.44% return if the token reaches the upper price target.
Where to Buy Vanar Chain (VANRY)?
If you are planning to buy VANRY, your options are long. The token has good liquidity on Binance, Uniswap, Coinbase, Kraken, Tokocrypto, CoinDCX, Bitget, and Nominex.
How to Buy Vanar Chain (VANRY)?
If convenience and trading costs are a concern for you, Binance is a good option for you. This is how you can buy VANRY from the same.
- Go to the Binance website or Android app, sign up for a new account, and complete the KYC.
- Load the wallet with funds. You can transfer US dollars, BTC, or ETH. Use that to buy Tether.
- Navigate to the trading section and search VANRY/USDT.
- Select ‘limit order’ and enter the number of Vanar Chain tokens you want to purchase.
- Click ‘buy’ followed by ‘confirm’ and your VANRY coins will now reflect in your Binance wallet.
- For added security, you can move them to a personal wallet.
Conclusion
Coming with a mainnet on its own, Vanar Chain competes with the likes of Bitcoin and Ethereum. The platform also has some key tools built directly on top of the chain. VANRY, the native token of the blockchain acts as a pivotal part of Vanar Chain.
Starting from yesterday, its native token, VANRY has been on fire, going up over 50% in a matter of a few hours. Our quantitative analysts are bullish on the token in the foreseeable future.
All said, we still think that investing in crypto assets is not for everyone, and blind speculation without understanding the fundamentals of a crypto asset, or any asset, is inviting financial disaster. The reader is advised to exercise prudence before committing your hard-earned money to such things.
