Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Gentlord on January 23, 2025, 09:59:30 AM
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I was checking out some price charts today, and VTHO completely caught me off guard. The thing went from 0.0008 to 0.01 in what felt like no time, an 857% spike in 24 hours. It’s back down to around 0.0076 now, but that kind of move definitely made me curious. I remember seeing this token on CoinMarketCap a while ago, but I didn’t pay much attention back then.
From what I gather, it’s part of VeChain’s ecosystem and acts as the gas token for transactions on their blockchain. What’s interesting is that VTHO gets burned during transactions, which could explain some of the long-term potential if usage increases. Still this pump seems a bit sudden , maybe there’s some news or whale activity behind it?
I’m not in on this one (yet), but I’m wondering if anyone here has been following VTHO or the VeChain ecosystem more closely. Is this just a random spike, or is there something brewing that makes it worth keeping an eye on? Not trying to hype anything just genuinely curious about what’s going on here.
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I also saw this amazing rise of VTHO in Binance and I even assumed that it can be just another memecoin making some skyrocketing move but in closer look it is actually a part of the VeChain ecosystem and the more am surprised. Such a very good run to the top is getting rarer these days except in the memecoin sector where pump and ump usually transpired for all to get into and probably make other investors lose their money. Let's see if VTHO can be able to sustain such a sudden upshoot but congrats to those who made money with its abrupt fly to the sky. And while I can feel some FOMO here I also realized that it is getting so hard to pick up a possible winners among so many alternatives so big luck can be needed in here.
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I also saw this amazing rise of VTHO in Binance and I even assumed that it can be just another memecoin making some skyrocketing move but in closer look it is actually a part of the VeChain ecosystem and the more am surprised. Such a very good run to the top is getting rarer these days except in the memecoin sector where pump and ump usually transpired for all to get into and probably make other investors lose their money. Let's see if VTHO can be able to sustain such a sudden upshoot but congrats to those who made money with its abrupt fly to the sky. And while I can feel some FOMO here I also realized that it is getting so hard to pick up a possible winners among so many alternatives so big luck can be needed in here.
I am happy someone is saying something good about this newly listed project on BG, i thought it was just normal hype from X and my FOMO was even low, but also seeing VTHO's connection to the VeChain ecosystem does makes my mind rest that it is a solid project and have a layer of legitimacy. Like you said, let us just keep looking and see how VTHO moves. Have you also explored VeChain's ecosystem beyond VTHO?
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I also saw this amazing rise of VTHO in Binance and I even assumed that it can be just another memecoin making some skyrocketing move but in closer look it is actually a part of the VeChain ecosystem and the more am surprised. Such a very good run to the top is getting rarer these days except in the memecoin sector where pump and ump usually transpired for all to get into and probably make other investors lose their money. Let's see if VTHO can be able to sustain such a sudden upshoot but congrats to those who made money with its abrupt fly to the sky. And while I can feel some FOMO here I also realized that it is getting so hard to pick up a possible winners among so many alternatives so big luck can be needed in here.
That surge actually shows that investors are monitoring the project. The project has also gained exposure from its multiple cex listings. We are still waiting for altcoins to run, so waiting for a good retracement on VTHO and getting in would be the perfect way to go, but this should be after DYOR.
(https://i.ibb.co/4Y410Th/vtho.png) (https://ibb.co/LJ9NstV)
image uploader (https://imgbb.com/)
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I think they are trying to eliminate users staking all by themselves in their own wallet I watch an update of this project in youtube where last year they are offering users to sell VTHO for VET since they can easily earn VTHO by holding VET.
But its a wonder though because this token has no max supply which its supply grows as long as the stakers keeps earning them. If I was just keeping my VTHO I would have profited to thousands as of its current price.
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There was a listing on upbit and that made it skyrocket because the price was very cheap for one coin... also the small daily trading volume makes it easier to fluctuate, often happens in the crypto world especially for coins that are not so well known... be careful if you don't want to get caught in FOMO... tokens with high volatility like VTHO are harder to predict..
Source??
https://upbit.com/service_center/notice?id=4811 (translate to your language. if you don't understand korean, )
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I am not into VTHO or VeChain and even with the amazing spike VTHO got am not still interested since it has already happened and there is remote chance it would again experience the same level of growth ahead. Admittedly, that 857% skyrocketing growth is quite a phenomenon most especially since this is not a memecoin. Because we are just ordinary investors, we are left in awe when something like this can happen...in awe for the fact that we are not part of it. And there is really no way for us to know in advance which of the many choices will do such a dance and sing number...not unless we are hiding some information related to the said asst (just like insider trading kind of thing). So congrats to those who are able to make a ride with VTHO.
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Don't get carried away with the current performance because in future, it might not be able to pump as you thought it would be. Sometimes, it use to be a gyoe from the dev but if you feel it's time for you to explore VTHO, you should only invest with little amount of money that you can afford to lose, so that you don't regret your actions. I don't like altcoins but only bitcoin because it has history and is also increasing in adoption overtime.