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Vai

Vai priceVAI

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Quote currency:
USD
VAI
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USD
1 VAI = 0.9973 USD
Last updated 2024-06-21 20:03:08(UTC-0)
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Vai price live data summary

The live price of Vai is $0.9973 per (VAI / USD) today with a current market cap of $4.78M USD. The 24-hour trading volume is $41,629.93 USD. VAI to USD price is updated in real time. Vai is -0.04% in the last 24 hours. It has a circulating supply of 4,789,279 .

What is the highest price of VAI?

VAI has an all-time high (ATH) of $4.76, recorded on 2023-12-19.

What is the lowest price of VAI?

VAI has an all-time low (ATL) of $0.6999, recorded on 2020-12-09.

Vai price prediction

Set your prediction

When is a good time to buy VAI? Should I buy or sell now?

When deciding whether to buy or sell VAI, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget VAI technical analysis can provide you with a reference for trading.
According to the VAI 4h technical analysis, the trading signal is Sell.
According to the VAI 1d technical analysis, the trading signal is Strong sell.
According to the VAI 1w technical analysis, the trading signal is Neutral.

What will the price of VAI be in 2025?

Based on VAI's historical price performance prediction model, the price of VAI is projected to reach $1.58 in 2025.

What will the price of VAI be in 2030?

In 2030, the VAI price is expected to rise by +2.00%. By the end of 2030, the VAI price is projected to reach $2.78, with a cumulative ROI of +178.91%.
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Vai price performance in USD

24h7d30d90d1yAll-time
-0.04%-0.40%-0.01%-0.21%+1.17%+8.10%
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Vai price history in USD

TimeLowHigh
24h$0.9964$0.9984
7d$0.9898$1
30d$0.9853$1.01
90d$0.9853$1.03
1y$0.9074$4.76
All-time$0.6999(2020-12-09, 3 years ago )$4.76(2023-12-19, 186 days ago )
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Vai market information

Market cap
$4,776,235.27
-0.04%
Fully diluted market cap
$8,461,353.5
-0.04%
Volume (24h)
$41,629.93
+2473.25%
Market rankings
Circulation rate
+99.00%
24h volume / market cap
0.0087
Circulating supply
4,789,279 VAI
Total supply / Max supply
4,789,279.16 VAI
8,484,461.45 VAI
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A welcome pack worth 1000 USDT for new Bitgetters!
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Vai ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

Vai Social Data

In the last 24 hours, the social media sentiment score for Vai was 3, and the social media sentiment towards Vai price trend was Bullish. The overall Vai social media score was 0, which ranks 104 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Vai being mentioned with a frequency ratio of 0.01%, ranking 219 among all cryptocurrencies.

In the last 24 hours, there were a total of 324 unique users discussing Vai, with a total of Vai mentions of 72. However, compared to the previous 24-hour period, the number of unique users increase by 4%, and the total number of mentions has increase by 7%.

On Twitter, there were a total of 0 tweets mentioning Vai in the last 24 hours. Among them, 0% are bullish on Vai, 0% are bearish on Vai, and 100% are neutral on Vai.

On Reddit, there were 32 posts mentioning Vai in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 7% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
0(#104)
Social contributors (24h)
324
+4%
Social media mentions (24h)
72(#219)
+7%
Social media dominance (24h)
0.01%
X
X posts (24h)
0
0%
X sentiment (24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score (24h)
6
Reddit posts (24h)
32
+7%
Reddit comments (24h)
0
0%

About Vai(VAI)

What Is Vai?

VAI is the primary stablecoin of the Venus Protocol. It is built on the BNB Smart Chain (BNB), a blockchain renowned for its high-speed and low-cost transactions. Launched in 2019, this stablecoin is backed by a basket of stablecoins and other crypto assets, ensuring its value remains stable without the need for centralized control. The protocol behind Vai is governed by the XVS token, which was introduced as a fair launch cryptocurrency, ensuring no preliminary allocation to founders or the project team, thus promoting a more equitable distribution model.

Resources

Official Documents: https://docs-v4.venus.io/tokens/vai

Official Website: https://venus.io/

How Does Vai Work?

Vai operates within the Venus Protocol, an algorithmic money market system designed to facilitate decentralized lending and borrowing. Users can mint VAI stablecoins by providing collateral that is at least 200% of the loan value, a process that ensures the system's stability and users' confidence. The Venus Protocol employs smart contracts to automate transactions and manage the lending and borrowing services it offers, with interest rates determined by market demand and governed by the protocol's community.

The minting of Vai is regulated by a stability fee, which consists of a base rate and a variable rate that incentivizes users to mint or burn VAI in response to its market price. This stability fee ensures that the Vai stablecoin maintains its peg to the US dollar. Furthermore, the Venus Protocol allows users to participate in governance decisions, such as setting interest rates and introducing new features, through the staking of XVS tokens.

What Is VAI Token?

VAI is the native stablecoin of the Venus Protocol, pegged to the US dollar and minted on the BNB Smart Chain. It represents a significant advancement in the field of decentralized finance (DeFi), offering users a stable medium of exchange and a store of value. VAI's integration into the Venus Protocol allows users to not only borrow against their collateral but also to mint new VAI tokens, providing a versatile tool for managing digital assets.

The security of the Vai network is robust, underpinned by the Proof of Staked Authority (PoSA) consensus mechanism. This security model, coupled with compatibility with the Ethereum Virtual Machine (EVM), ensures that Vai can operate reliably and continuously, even in the event of network disruptions.

What Determines Vai's Price?

The price of Vai, like any stablecoin, is designed to be pegged to a stable asset, typically the US dollar. The stability of Vai's price is maintained through a combination of algorithmic mechanisms and user-driven actions within the Venus Protocol on the BNB Smart Chain. The primary determinant of Vai's price is the balance between its supply and demand in the market, which is influenced by the lending and borrowing activities on the Venus Protocol. When users mint Vai by locking up collateral, they increase the supply. Conversely, when they repay loans and burn Vai, they reduce the supply, which can help the stablecoin maintain its peg.

The Venus Protocol employs a dynamic system to incentivize users to mint or burn Vai in response to its market price. This system includes a stability fee that adjusts based on the price of Vai relative to its peg. If the price of Vai falls below the peg, the protocol increases the cost to mint Vai, discouraging new supply from entering the market. If the price is above the peg, the cost to mint Vai decreases, encouraging users to create more Vai. This responsive mechanism, coupled with the protocol's governance, ensures that Vai's price remains stable even amidst the volatile cryptocurrency market.

Moreover, the Venus Protocol integrates price feed oracles that provide real-time market data to ensure accurate pricing of Vai. These oracles are critical in the DeFi ecosystem, as they allow the protocol to adjust parameters and maintain the stability of Vai. The governance token XVS also plays a role in determining Vai's price, as holders can vote on key decisions that affect the protocol's monetary policy, such as adjusting stability fees and collateralization ratios. In essence, the price of Vai is a reflection of the collective trust and actions of its users, underpinned by sophisticated blockchain technology and a community-driven governance model, which are central themes in the cryptocurrency and blockchain narrative.

How to buy Vai (VAI)

Buying Vai on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Vai (VAI) .

Trade VAI perpetual futures

After having successfully signed up on Bitget and purchased USDT or VAI tokens, you can start trading derivatives, including VAI futures and margin trading to increase your income.

The current price of VAI is $0.9973, with a 24h price change of -0.04%. Traders can profit by either going long or short onVAI futures.

Join VAI copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or VAI tokens, you can also start copy trading by following elite traders.

Vai news

See more
How VAIOT’s zk-SNARK-Enhanced AI Legal Assistant Can help stop Income-Cerification Fraud

How VAIOT’s zk-SNARK-Enhanced AI Legal Assistant Can help stop Income-Cerification Fraud

DailyCoin2023-10-30 12:06

FAQ

What is the current price of Vai?
We update our Vai to USD price in real time. Get the live Price of Vai on Bitget.
What is the 24 hour trading volume of Vai?
Over the last 24 hours, the trading volume of Vai is $41,629.93.
What is the all-time high of Vai?
The all-time high of Vai is $4.76. This all-time high is highest price for Vai since it was launched.
Can I buy Vai on Bitget?
Yes, Vai is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy VAIOT guide.
Can I get a steady income from investing in Vai?
Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
Where can I buy Vai with the lowest fee?
We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Buy Vai for 1 USD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Vai now
Cryptocurrency investments, including buying Vai online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Vai, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Vai purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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