A visual representation of VBNT's price movements over time would typically be displayed here. This chart would illustrate historical trends, volatility, and key support/resistance levels. For a comprehensive view, investors should consult a live charting tool that provides real-time data and technical indicators.
Given the reported current market conditions for VBNT, any historical chart would need to be interpreted carefully, especially in light of the reported zero circulating supply and market capitalization, which suggest a significant change in the asset's market status compared to any period where it might have had active trading and a non-zero market cap.
Bancor Governance Token (VBNT) is designed to play a crucial role within the Bancor ecosystem, a decentralized exchange (DEX) protocol. Governance tokens like VBNT typically grant holders the right to vote on proposals that shape the future development and operational parameters of the underlying protocol. This can include decisions on protocol upgrades, fee structures, treasury management, and other key strategic directions.
For VBNT, its primary function is to empower the community to participate in the governance of the Bancor network. This mechanism is intended to decentralize control and ensure that the protocol evolves in a way that aligns with the interests of its stakeholders. The ability to influence the protocol's direction is a core value proposition for many governance tokens.
However, the reported current market data for VBNT, specifically a $0.00 market capitalization and a 0 circulating supply, presents an unusual scenario. This suggests that, at present, the token may not be actively circulating or valued in the open market in a conventional sense. Investors should investigate the implications of these figures thoroughly, as they deviate significantly from typical active crypto assets.
Trading VBNT, based on the provided data, presents unique challenges and considerations. The reported 24-hour trading volume of $3.628 is extremely low, indicating virtually no liquidity. This means that even small buy or sell orders could significantly impact the token's price, leading to high slippage and difficulty in executing trades at desired prices.
The reported circulating supply of 0 VBNT, coupled with a $0.00 market capitalization, suggests that the token is not currently available for public trading or is not being counted as circulating in the market. This scenario is highly atypical for an asset listed on an exchange and implies that any reported price of $0.39 might not reflect an actively traded market value.
For traders, the primary insight is the extreme illiquidity and potential non-existence of a functional market for VBNT at this time. Any attempt to trade would likely face significant hurdles, including an inability to find counterparties, extreme price volatility, and potentially misleading price feeds if they are not derived from active, liquid markets. Due diligence is paramount to understand the exact status of VBNT's market and its availability for trading.
Understanding an asset's liquidity structure is critical for assessing its market health and potential for price stability. It refers to how an asset's total supply is distributed across various holders and uses, such as tokens held by the development team, locked in smart contracts, available on exchanges, or held by long-term investors. A well-distributed and liquid supply generally indicates a more robust and less manipulable market.
For VBNT, the reported circulating supply of 0 introduces significant ambiguity into its liquidity structure. If no tokens are circulating, then traditional liquidity metrics become difficult to interpret. Investors would need to ascertain if there is a total supply, how it is held, and if there are plans for future circulation.
Note: The above bars are illustrative representations of typical token distribution categories and their relative proportions for visual purposes only. They do not reflect actual, confirmed distribution percentages for VBNT, especially given the reported 0 circulating supply. Actual distribution would require detailed tokenomics data.
Price history provides crucial context for understanding an asset's performance and potential future movements. It allows investors to identify trends, assess volatility, and evaluate an asset's resilience during different market cycles. Key metrics include all-time highs and lows, and performance over various timeframes (e.g., 1 week, 1 month, 1 year).
For VBNT, the reported all-time high of $1.40 indicates that the token has historically achieved a significantly higher valuation than its current reported price of $0.39. This suggests a substantial price depreciation from its peak. However, interpreting this history is complicated by the current reported market cap of $0.00 and circulating supply of 0. This data implies that the token's market dynamics have fundamentally changed, and historical price data might not be directly indicative of its current or future trading behavior in an active market.
Investors should seek to understand the events or protocol changes that led to the current state of VBNT's market data. Without active trading and circulation, the current price and historical data points must be viewed with extreme caution, as they may not reflect a functional, liquid market.
Past performance is not an indicator of future results. The value of investments can go down as well as up. Any historical price data for VBNT should be interpreted in the context of its reported current market conditions, including its $0.00 market cap and 0 circulating supply.
Bancor Governance Token (VBNT) is integral to the Bancor Protocol, an on-chain liquidity protocol that enables automated, decentralized exchange of cryptocurrencies. Bancor was a pioneer in the concept of automated market makers (AMMs), allowing users to convert tokens directly through smart contracts without needing a traditional order book or counterparty. VBNT's role is to facilitate decentralized decision-making within this ecosystem.
Holders of VBNT typically gain the ability to submit and vote on proposals related to the Bancor network's operations. This includes, but is not limited to, changes to liquidity pool parameters, protocol upgrades, and the allocation of treasury funds. The governance mechanism is designed to ensure that the protocol remains adaptable and responsive to the needs of its community, fostering a decentralized and community-driven development path.
The Bancor protocol aims to provide continuous liquidity for a wide range of tokens, addressing the challenges of illiquidity in smaller markets. VBNT, as its governance token, is intended to be the mechanism through which the community guides this mission. However, the current reported market data for VBNT, with a $0.00 market cap and 0 circulating supply, suggests a significant pause or change in its active market participation. Further research into the Bancor protocol's current status and VBNT's specific role within it is essential for any potential investor.
Bancor Governance Token (VBNT) is the native governance token of the Bancor Protocol, a decentralized exchange (DEX) known for pioneering automated market makers (AMMs). VBNT holders are typically granted voting rights on key decisions affecting the Bancor network, such as protocol upgrades and treasury management. Its purpose is to decentralize control and foster community-driven development.
However, current market data indicates a $0.00 market capitalization and 0 circulating supply for VBNT, alongside a 24-hour trading volume of just $3.628. This suggests that the token is not actively circulating or being traded in a conventional market at present. While it has an all-time high of $1.40, its current status requires careful investigation by potential investors to understand its current utility and market viability.
The contract address for Bancor Governance Token (VBNT) is Not publicly confirmed in the provided data. Typically, governance tokens like VBNT are deployed on a specific blockchain network, most commonly Ethereum (ERC-20 standard). The contract address is a unique identifier on that blockchain, essential for verifying the token's authenticity, tracking transactions, and interacting with it via wallets or decentralized applications.
To verify the legitimacy and technical details of VBNT, investors should always seek out the official contract address from reliable sources, such as the official Bancor website, reputable block explorers (e.g., Etherscan for Ethereum), or verified listings on major exchanges. Without a confirmed contract address, it is impossible to interact with the token on-chain or verify its supply and distribution.
The market behavior of Bancor Governance Token (VBNT) is highly unusual based on the provided data. A reported market capitalization of $0.00 and a circulating supply of 0 VBNT indicate that, at present, the token has no recognized market value or is not actively circulating among the public. This is a critical observation for any potential investor.
An extremely low 24-hour trading volume of $3.628 further reinforces the notion of negligible market activity. Such low volume suggests that there are virtually no buyers or sellers actively exchanging VBNT, leading to extreme illiquidity. In such a market, any trade, no matter how small, could cause significant price swings, and finding a counterparty to execute a trade would be exceptionally difficult.
The existence of an all-time high of $1.40 implies that VBNT was once actively traded and held a higher value. The current state of $0.00 market cap and 0 circulating supply suggests a significant shift in the token's status, potentially due to a protocol change, a re-launch, or a decision to halt public circulation. Investors must investigate the reasons behind these figures to understand if VBNT still serves its intended purpose or if its market has become dormant. Relying on the current reported price of $0.39 without understanding these underlying market conditions would be highly misleading.
VBNT is the governance token for the Bancor Protocol, a decentralized exchange (DEX). It grants holders the ability to vote on proposals and influence the future development of the Bancor network.
The reported $0.00 market cap and 0 circulating supply are highly unusual. This typically indicates that the token is not currently available for public trading, has no recognized market value, or its supply is not being counted as circulating. Investors should conduct thorough research to understand the specific reasons behind these figures, as they suggest a significant deviation from a typical active crypto asset.
A 24-hour trading volume of $3.628 is extremely low, indicating virtually no liquidity. While technically possible to place orders, executing trades at a fair price would be very difficult due to high slippage and a lack of counterparties. This volume suggests the market is effectively dormant.
The all-time high of $1.40 indicates that VBNT previously traded at a significantly higher price. However, given the current reported $0.00 market cap and 0 circulating supply, this historical high reflects a past market state and may not be relevant to its current market viability or potential for future price action without a return to active circulation and trading.
Tokenomics refers to the economic model governing a cryptocurrency, including its supply, distribution, utility, and incentive mechanisms. For governance tokens like VBNT, key tokenomic aspects typically include total supply, circulating supply, vesting schedules for team/investors, staking mechanisms, and how the token is used to facilitate voting and protocol participation.
For Bancor Governance Token, the provided data states a current circulating supply of 0. This is a critical tokenomic detail, as it implies that no VBNT tokens are presently available for public trading or are counted as being in active circulation. This directly impacts its market capitalization, which is reported as $0.00.
A circulating supply of 0, combined with an extremely low 24-hour trading volume of $3.628, suggests that the token's economic model, at least in its current state, does not support an active, liquid market. Investors would need to investigate the total supply, any locked or unreleased tokens, and the protocol's future plans for VBNT's circulation to understand its true tokenomics and potential for future market activity. Without a clear path to circulation, the token's utility as a governance mechanism in an open market is severely limited.
When evaluating Bancor Governance Token (VBNT), it's useful to consider other assets with similar characteristics or market positions. The provided text mentions that assets with a similar market cap to VBNT include Boshi, DogWithCap, and DXdao. However, given VBNT's reported $0.00 market cap, this comparison might be more indicative of assets with extremely low or negligible market capitalization rather than functionally similar projects.
Generally, comparable assets for a governance token like VBNT would include other tokens from decentralized finance (DeFi) protocols that empower community voting. Examples might include governance tokens from other DEXs, lending protocols, or DAOs (Decentralized Autonomous Organizations). When comparing, investors should look at:
Given VBNT's current reported market data, direct comparison with actively traded governance tokens might be challenging. Instead, it might be more relevant to compare it with other assets that have experienced significant changes in their market status or are currently in a dormant phase, to understand potential recovery or re-launch scenarios.
Investing in Bancor Governance Token (VBNT), particularly given its reported market data, carries significant risks:
Prospective investors must conduct extensive due diligence to understand the exact status of VBNT and the Bancor Protocol before considering any investment.
The data provided for Bancor Governance Token (VBNT) includes a current price of $0.39, a 24-hour change of +5.71%, a market capitalization of $0.00, a 24-hour trading volume of $3.628, an all-time high of $1.40, and a circulating supply of 0 VBNT.
What was provided: Specific numerical values for price, 24h change, market cap, 24h volume, all-time high, and circulating supply were given. The asset name, ticker, and a Coinbase URL were also provided.
What is missing: Key information such as the asset's market rank, the specific blockchain network it operates on (e.g., Ethereum), its total supply, maximum supply, and specific dates for historical price points (like the all-time high) are not provided. Crucially, there is no context or explanation for the highly unusual figures of $0.00 market cap and 0 circulating supply.
How that limits confidence: The reported $0.00 market capitalization and 0 circulating supply severely limit confidence in the asset's current market viability and the tradability of the reported price. These figures are highly atypical for an active cryptocurrency and suggest that the token may not be actively circulating or valued in a conventional market. The extremely low 24-hour volume ($3.628) further reinforces this, indicating a lack of liquidity and active trading. While an all-time high of $1.40 is noted, it likely pertains to a past state of the token, which contradicts its current reported market status.
What to verify next: Investors must urgently verify the current status of the Bancor Protocol and VBNT. This includes:
Without clarification on these points, the provided data should be treated with extreme caution, as it points to an asset that is not currently functioning as a typical, actively traded cryptocurrency.
Convert VBNT to USD and other currencies.
Enter VBNT amount:
Equivalent in USD: 0.39
Note: This calculator uses the current reported price of $0.39. Given the reported $0.00 market cap and 0 circulating supply, actual conversion or trading may not be feasible.
Bancor Governance Token (VBNT) is designed to facilitate decentralized governance within the Bancor Protocol, a pioneering decentralized exchange. While its purpose is to empower community voting on protocol decisions, current market data presents an unusual profile: a reported price of $0.39, but with a $0.00 market capitalization, 0 circulating supply, and an extremely low 24-hour trading volume of $3.628. This suggests that VBNT is not currently an actively circulating or liquid asset in the conventional sense, despite a historical all-time high of $1.40. Investors should exercise extreme caution and conduct thorough due diligence to understand the implications of these unique market conditions.
For investors interested in Bancor Governance Token (VBNT) or similar assets, exploring the broader decentralized finance (DeFi) ecosystem and other governance tokens can provide valuable context. Related assets typically fall into categories such as:
When researching related assets, it's crucial to compare their market capitalization, liquidity, trading volume, and the health of their underlying protocols. Given VBNT's current reported market status, comparing it with actively traded assets requires careful consideration of the significant differences in their market dynamics. Focus on understanding the functional utility and market viability of any comparable asset.