PEAQ Price Surges 35%, VANA Rises 10% After Major Listing Announcement

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As a seasoned researcher with a penchant for deciphering the cryptic world of digital assets, I find myself both intrigued and captivated by the recent surge in PEAQ and VANA prices following their listing on Bithumb. With over a decade spent immersed in financial markets, I’ve witnessed numerous listings that have left investors either ecstatic or disillusioned. However, the meteoric rise of these tokens has piqued my curiosity.

PEAQ and VANA are unique in their utilities, and the increased trading opportunities they offer are undeniably attracting a growing number of investors. The fact that both tokens remain unlisted on Binance and other top exchanges adds an element of exclusivity that seems to be driving demand.

The price predictions for these tokens are promising, with PEAQ potentially reaching $3.67 by 2030 and Vana Network touching $85 under the same timeframe. However, I’ve learned in my years of researching financial markets that predictions can often be like trying to predict the future weather – sometimes accurate, but more often than not, subject to change.

I must admit, the joke about these tokens being so hot they could melt your keyboard is a bit overused in the crypto world, but I couldn’t resist! As always, remember to do your own research and never invest more than you can afford to lose. The cryptocurrency market can be unpredictable, even for seasoned researchers like myself.

After Bithumb, a leading South Korean crypto exchange, announced their listing, both PEAQ and VANA experienced significant increases. Specifically, PEAQ saw a 35% surge while VANA went up by 10%. This announcement has bolstered market faith in these tokens, with the Peaq token approaching its maximum historical value and VANA consistently gaining ground. The price fluctuations indicate growing enthusiasm among investors for the distinctive benefits of these tokens, as they anticipate more trading chances ahead.

PEAQ and VANA Price Surge After Listing on Bithumb

In simpler terms, Bithumb, one of South Korea’s leading cryptocurrency exchanges, announced on January 2nd that they would add PEAQ and Vana Network tokens to their listings. These new tokens can now be traded directly for the Korean Won (KRW), providing users with an easy trading option.

With PEAQ initially priced at 853 Korean Won, VANA made its entrance on the exchange with a base price of 23,730 Korean Won. The announcement for both coins’ listing revealed that deposits would start within three hours after the notice, and trading would commence at 4 PM (Korean Standard Time). Bithumb clarified that only native networks will be utilized for deposits to ensure a smooth transaction process.

Furthermore, Bithumb highlighted certain trade limitations to ensure a smooth user experience during the initial trading phase. This included disallowing purchase orders for the opening five minutes and setting sell orders within a range of 10% below or up to 100% above the standard price. Traders were only able to activate automated trading following the completion of their first transaction.

Price Performance and Market Context

The price of PEAQ soared by 35%, reaching almost its maximum historical value at $0.715. Over the past day, it dipped to $0.522 at its lowest point but peaked at $0.72. With a market capitalization of $463 million and daily trading volume of $55.56 million, this token is instrumental in supporting key functions of DePIN such as governance, transaction fees, and staking.

According to DigitalCoinPrice, the estimated average PEAQ price in 2025 is around $1.49. By the year 2030, it’s projected to rise to roughly $3.67. Notably, this L1 token has yet to be listed on major exchanges like Binance. Experts suggest that future listings could lead to significant price increases due to improved accessibility.

Vana Network, a blockchain specializing in decentralized data networks, gives users control over their data and motivates contributions to DataDAO through voting rights and token bonuses. Its value increased by 10% to $17.62, ranging from $15.41 (lowest point) to $17.83 (highest point). The network has a market capitalization of $528 million and a daily trading volume of $169 million. Experts predict that Vana Network may reach around $34 by 2025 and approximately $85 by 2030.

After reaching its record high, DeBridge (DBR) prices surged by 30% upon being listed on Bithumb. Cryptocurrencies traded in Korean Won (KRW) pairs often see a price increase and subsequent drop, known as a “pump-and-dump.” Moreover, the significant impact of major crypto exchanges on investor behavior is also evident here. Nonetheless, analysts anticipate that the practical use and increasing acceptance of these tokens will contribute to their value appreciation, further strengthening their market presence.

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2025-01-02 13:10