CandleFocus

VANA token skyrockets more than 2700% after Binance Launchpool announcement

The VANA token, associated with the metaverse-focused Nirvana project, experienced a surge of up to 2700% after Binance Launchpool announced its intention to list a native EVM-compatible L1 blockchain token of the same name. However, the token listed by Binance is not directly linked to the Nirvana project. Since the announcement, the token's value has increased by over 1200%, with a trading volume surge of 2432% in the past 24 hours. The VANA token is currently trading at $0.0015, with a market cap of $90,750. The accidental resurgence of the token is attributed to traders confusing it with the token associated with the Nirvana project. Binance will offer open trading for several VANA trading pairs, and it has implemented caps on token acquisition for users. The Vana network, which describes itself as the first open protocol for AI data sovereignty, has not yet launched its native token.

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